Investments For Sale in Auction, December ’17

The below properties are for sale in the various national commercial auctions in December (sorted in date order, highest value first). Click the titles to view their catalogue entries online. It should be exciting as there are some very high quality lots here.

As experienced buyers and sellers of auction property, we have also summarised who we think the buyers for each lot would be - if any of these fit your bill, we would advise you have your lawyers look over the documents ASAP and do get in touch as some of these will be sold prior! You can of course contact the auctioneers directly to discuss further, alternatively please contact Nilesh from our team on 0203 113 2142 / nilesh@pridemanagement.co.uk.

Please do also ensure you are registered with us in order to have sight of investment opportunities earlier.

Iceland, Hornchurch, Greater London

Iceland, Hornchurch 1

Freehold Blue-Chip lock-up Supermarket with parking

12 years

£12,000 p.a.

Guide: £1.95M + (6.4%) - THIS WAS SOLD PRIOR ON 20/11/2017!

Auction: Allsop, 5th December

Our Comment: For a high net-worth or even overseas investor. Solid long-term investment in a strong London location, financeable too.

Boots, WH Smith & Specsavers, Cosham

Cosham

Freehold Blue-Chip Parade Investment with Uppers

Units let for 7, 3 and 4 years respectively

£91,650 p.a.

Guide: £1.25M + (7.3%)

Auction: Allsop, 5th December

Our Comment: For a sophisticated investor looking for an investment with medium-term asset-management or even development potential. As the leases expire, they can be renewed but possibly without the upper floors which could have residential conversion potential.

Azzurri Restaurants, Orpington, Greater London

Azzurri, Orpington

Freehold Blue-Chip Restaurant with Uppers

20 years

£60,000 p.a.

Guide: £950,000 (6.3%)

Auction: Allsop, 5th December

Our Comment: For an investor. Whole building in an affluent town with very long income. Whilst the property has been sublet we would expect the London High Street location to outweigh this fact.

McColl's & Flat, Liverpool

McColls, Liverpool

Freehold Blue-Chip Retail & Residential Investment

13.5 years

£29,810 p.a. (rising to £32,913 in 2021 and £36,338 in 2026)

Guide: £435,000+ (6.9%) - THIS WAS SOLD PRIOR ON 29/11/2017!

Auction: Allsop, 5th December

Our Comment: For an investor. Solid long-term investment, financeable too given the 6 week completion. Some residential exposure too which is not subject to residential property taxes. Expecting this to sell a fair amount above guide.

Betfred & Flat, Bishop Auckland

Betfred, Bishop Auckland

Freehold Betting Shop & Flat

2 years

£37,500 p.a.

Guide: £200,000 + (18.8%)

Auction: Allsop, 5th December

Our Comment: For an experienced, portfolio investor. The huge initial yield on this property will likely reduce on lease expiry, however by that time over 30% of the overall investment will have been recouped. A good opportunity to earn some yield on a relatively small lot.

Restaurant & 4 Flats (2 with Planning), Lavender Hill, Greater London

Restaurant & Flats, Lavender Hill

Freehold Restaurant with 4 Flats Above

17 years for the Restaurant; Flats on ASTs

£102,179 p.a.

Guide: £1,950,000 + (5.2%)

Auction: Acuitus, 7th December

Our Comment: For a high-net worth investor who is open / capable of exploiting the short-term development opportunity to further boost the income on this property. May also appeal to overseas investors seeking wealth preservation, given the location and strong residential bias of this property.

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on pinterest
Share on email

CONTACT US

LATEST DEALS

Don’t miss out on our opportunities

Advanced Search

Try Selecting Multiple Options to search

Recent Articles:

22 Lockdown Deals Done as opportunistic enquiries surge

In the 3 months since the nationwide lockdown commenced in late March, the Prideview team has dealt with an unexpected …

Read More

Covid-19 debate: Buy now or wait til September?

For anyone looking for investment opportunities, this is the key question of the moment. Listen to these highlights of a …

Read More

Infographic: Pro Tips for Landlords Facing Coronavirus

If you found this useful, check out our full analysis of these issues in our Complete Guide for Landlords Facing …

Read More

Current Opportunities

In Auction
£ 2,350,000

Development Site with Planning, Leicester

510 Melton Road, Leicester, Leicestershire, LE4 7SP
Current Opportunity
Call for price

McColl’s & Well Pharmacy, Manchester

183/185 Victoria Avenue, Higher Blackley, Lancashire, M9 0RB
In Auction
£ 375,000

Vacant Shop & Flat, Feltham, Greater London

98 Harlington Road West, Feltham, Middlesex, TW14 0JJ
Call for price

Gym & Cafe, Liverpool

Lower Ground Floor, Silkhouse Court, 7 – 17 Tithebarn Street, Liverpoool, L2 2DP
Call for price

Heron Foods, Crewe

Heron Foods, site of former Merlin PH, Bradfield Road, Leighton Crewe CW1 3RH
Call for price

Co-op Food, Loughborough

Co-Op KnightThorpe Road, Loughborough, Leicestershire, LE11 4JX
Current Opportunity
£ 1,000,000

Vacant Restaurant & 3 Flats with Development Potential, Newington

53-57 High Street, Newington, Kent, ME9 7JJ

Vacant Former Post Office, Pinner, Greater London

Ground Floor Unit, 67 Bridge Street, Pinner, HA5 3JB
£ 50,000

Vacant (To Let) Retail Unit, Doncaster

Formerly The Factory Shop, Scrooby Road, Harworth, Doncaster, Nottinghamshire, DN11 8JW
Call for price

Sainsbury’s, Pharmacy & Restaurant, Wootton

Berryfields Local Centre, Fields Road, Wootton, Bedfordshire, MK43 9FZ

The Home of the Blue-Chip Investor

Click the logos below to see relevant investment properties