Investment Opportunities from the Wider Market: Update 1st March 2017

The following is a list of investment opportunities where Singer Vielle is not instructed to market.

We recognise that there are many property investments offered to the market, or where a seller does not wish formal details prepared, which could be of interest to investors registered on our database.  As a result, we are continuing the test of a new concept whereby we enable selected investors to see a summary of these opportunities.

Should you be interested to review any properties listed below, please contact a member of our team (+44 20 7935 7200 and we will supply further appropriate information.  Please note that we are not specifically recommending these investments, but providing a source of opportunities for you to consider and review.  

Should you be interested in acquiring a property, we will engage with the seller or retained agent, as appropriate.  Please note that should you request further information in respect of any of the properties listed, you will be engaging our services and as a result should you proceed to exchange contracts for the acquisition of a property, by you or any associated or introduced party, you acknowledge that you will be liable for the payment of our acquisition fee.  The acquisition fee is 1.5% of the purchase price, plus VAT. 

Please note that all prices quoted are Subject to Contract and Exclusive of VAT.  You will appreciate that since we are not selling these properties, we cannot guarantee they are still available.

Location Address Sector Asking Price Yield Summary
Ashford High Street & North Street Retail £2,900,000 6.48% Let to Boots until October 2025 at a rebased rent
Lewes High Street Leisure £1,050,000 5.90% Restaurant let to Cote (Net Worth £37.8m) on a new 25 year lease
Canterbury St Georges Street Retail £3,875,000 6.50% Let to Superdrug until September 2024
London East Finchley Retail £4,000,000 4.00% London supermarket let to Budgens until 2029
Durham 11 Silver Street Retail £656,000 5.00% Let to Pret a Manger, expiring 2025
Birkenhead Noctorum Avenue Retail £4,057,000 6.00% Supermarket let to Co-Op until Sept 2036. 2.25% per annum fixed annual increases
Farnham Farnham Trading Estate Industrial £2,400,000 6.50% Reversionary warehouse let to M&J Seafood Holdings Ltd (D&B Rating 5A1, Net Assets £70m) for 8 yrs. 
Birmingham Brierley Hill Leisure £3,045,000 10.00% Let to Mecca Bingo (Net Worth £488m) until September 2021
Chelmsford High Street Retail £3,950,000 5.0% Let to The Royal Bank of Scotland until August 2025
London Kilburn High Rd Retail £4,170,000 4.50% 9 years to Betfred (Profits £29.3m) and Halfords (Profits £86m) 
Lancing Chartwell Road Industrial £1,395,000 7.40% Short income industrial let to Smiths News (Profits £40m, Shareholders' Funds £540m) until Aug 2019
Market Drayton Frogmore Road Retail £3.550,000 9.10% Guide purchase figure.  9.25 years to Wilko on 70% of income.  4.25 years to Argos on 30% of income.
 Ayr 128/130 High Street Retail £1,850,000 9.97% Let to Superdrug until May 2021
Morley Elland Road Convenience Store £925,000 6.00% 9 years to Tesco. Reviews RPI 1-4% cap and collar
Widnes Cross Street Leisure / Retail Warehouse £4,220,000 7.00% Let to Dave Whelan Sports for 11.5 years.  Tenant profits £3.5, Shareholders Funds £61m
Aylesford Bellingham Way Industrial £2,475,000 6.49% Let to CSC Computer Services (Shareholders Funds £566m) for 10 years with a break at 5 years.
Cardiff Thornhill Road Retail £2,450,000 5.25% Modern retail with Sainbury's, Greggs, Subway, Barnardos and Craig Williams
Cardiff 2A Oaktree Court Office £1,000,000 9.18% Multi let modern office.  Unexpired lease term average 6.95 years
Warwick Chase Meadow Nursery £2,240,000 5.25% 20 years to Busy Bees Day Nursery (Shareholders Funds £53m). 2.5% per annum compound rent reviews.
Maidstone 29 Week Street Retail £1,800,000 6.28% New ten year lease to Fat Face with break option after five years
St Neots Market Square Retail £900,000 6.25% New ten year lease to Fat Face with break option after five years
Glasgow Hope Street Leisure £610,000 7.36% Bar let with a guarantee from Heineken UK until November 2026
Cardiff Newport Road Retail Warehouse £2,450,000 7.67% Retail warehouse let to Carpetright for 7.5 years
Middlesbrough Linthorpe Road Retail £645,000 7.00% Let to Signet until 2027 with a tenant break option April 2023
Gateshead Team Valley Trading Estate Industrial £1,770,000 8.00% Office let to Carillion Plc (Profits £139m) until December 2026
Yeovil Pen Mill Trading Estate Industrial £1,660,000 8.50% Let for ten years with a five year break to Keuhne & Nagel
Bristol Easton in Gordano Office £2,350,000 8.50% Let to Etex Building Performance (£100m Shareholders Funds) until September 2021
Monmouth Rockfield Retail £2,100,000 6.45% New.  Let to Co-op (47% of the income), Vets4Pets, Dominos and Fish & Chip bar.
Chelmsford High Street Restaurant £2,350,000 5.00% 22 years to Jami's Italian Limited (Shareholder's Funds £23m)
Bromley High Street Bank £5,750,000 4.90% Primarily let to Natwest Bank until December 2021.  Review to higher of 3.75% or market value
Birkenhead Grange Road Retail £1,2450,000 8.00% Let to Waterstones Booksellers until March 2026 with a tenant break option in 2021
Cambridge Carlyle Road Office £5,218,000 5.00% Multi-let centrally located office
Leeds Intercity Way Industrial £1,170,000 7.00% Modern short income industrial terrace, built 2007
Penkridge Stone Cross Retail £800,000 7.00% £60,500 rent from Sainsburys.  Let until November 2027 with a break option 2012
Manchester Oldham Road Retail Warehouse £2,625,000 8.95% Let for 10 years from November 2015.  Poundstretcher Limited 2016 accounts show a profit of £2.4m and Shareholders' Funds £17.836m
Morpeth Coopies Lane Industrial Estate Industrial £1,700,000 7.00% Let to Booker, cash & carry, for 13.3 years.  8.3 years to a break option
Liverpool Walton Road Retail £4,280,000 6.50% Let to Iceland Foods for 13 years with breaks in 8 years.  Rent increases based upon 2.5% per annum compound.
Ramsgate/Boscombe/Birmingham King St / Christchurch Rd / Kingstanding Road Retail £3,425,000 6.50% Three investments let to Iceland Foods for 13 years with breaks in 8 years.  Rent increases based upon 2.5% per annum compound.  Portfolio but available individually as well.
Grimsby Palace Court, Victoria Street Retail £1,250,000 7.60% Bathstore, Carphone Warehouse and Domino's Pizza.  
Newcastle Under Lyme Pool Dam Office £1,400,000 9.09% Let to Gamesys for ten years from Nov 2016, with a tenant break option in 2021. Stepped rent increases.  Tenant has a net worth of £636m
Hartlepool Brenda Road Industrial £2,070,000 8.00% Built 2016.  Let to private company with Net Worth of £3m.  Lease with 19.5 years to run; break in 14.5 years.
Northern England, Wales and Scotland Various Banks Various 5.0% A number of investments let to Banks for 15 years with assignment of leases restricted to undoubted covenants
Romford "Lofthaus", Market Place Residential £3,500,000 3.70% Luxury new development of 8 high quality loft-style apartments, in an area to benefit from Crossrail. £350 per sq ft CV
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