2019 Selection of typical sales by sector

Multi-Million Pound Lots

SOLD £12.4M (1.3% NIY)

Lot 87 - “The Lady” Magazine, London WC2
Rare freehold office and residential investment comprising 11,140 sq. ft. let at £170,000 p.a. £1,113 per sq. ft.

SOLD £5.85M (4.5% NIY)

Lot 72 - Lloyds Bank, London NW1
Lloyds Bank & four flats in Camden, with potential to create further flats. Total rents £276,732.50 p.a., £706 per sq. ft.

SOLD £3.2m (5.0% NIY)

Lot 11 - Boots, Berkhamsted
Substantial Boots Chemist let at £169,950 p.a. until 2022 with future residential potential.

SOLD £4.56M (8.5% NIY)

Lot 14 – Parade of Shops, Pitsea
Unbroken parade comprising 13 shops, offices, 4 flats, 9 garages, 2 phones masts and car parking over 29,775 sq. ft. Total rent £415,717.70 p.a.

Retail - Added Value Opportunities

SOLD £1,7M (9.10% NIY)

Lot 26 – 1-7 High Street, Grays
Retail Parade comprising five shop units with upper parts, let at £164,285 p.a. Tenants include Subway, Paddy Power, Coral, Premier and Bonmarche.

SOLD £3.85M (6.3% NIY)

Lot 62 - Co-op, Shoreham-by-sea
Freehold Supermarket Investment let to Co-Operative Foodstores Limited until 2022 at £260,000 p.a.

Retail - High Street

SOLD £636,000 (4.7% NIY)

Lot 10 - Specsavers, Hinkley
Town centre Specsavers Opticians let at £31,500 p.a. until 2023.

SOLD £2.85m (6.5% NIY)

Lot 52 - B&M, Gravesend
Let to B&M Retail at £200,000 p.a. until 2031 with RPI linked rent reviews.

Retail - Convenience

SOLD £835,000 (5.6% NIY)

Lot 31 – Co-op, Neath
Co-Op convenience store with car park let until 2032 (no breaks) at £50,000 p.a. with RPI linked reviews.

SOLD £1.18m (5.4% NIY)

Lot 40 - Co-Op, Gateshead
Co-op convenience store let at £67,500 p.a. on a new 15 year lease.

Retail - Shopping Centres

SOLD £1.37M (30.0% NIY)

Lot 47 - Deiniol Shopping Centre, Bangor
Shopping Centre comprising 27 units. Tenants including Specsavers, Vodafone and Iceland. Total Rents £436,736 p.a.

SOLD £3.55m (14.0% NIY)

Lot 85 - College Walk Shopping Centre, Rotherham
Shopping Centre comprising 18 units. Tenants include Home Bargains, JD Sports, Warren James, Greggs, CeX, Subway, Coral and Ladbrokes. Total Rents £528,250 p.a.


SOLD £2M (£136 PSF)

Lot 17 – Woodingdean Business Park, Brighton
Modern multi-let office building arranged over 14,621 sq. ft. plus 60 parking spaces. Total rent £177,446 p.a.

SOLD £3.4M (9.1% NIY)

Lot 103 - Wolverhampton
Multi-let office with parking, extending to 41,874 sq. ft. Total rents £328,872 p.a.


SOLD £1.2M (6.9% NIY)

Lot 107 - Tufnell Distribution, Oldham
Distribution warehouse let to Tuffnells at £88,500 p.a. until 2023.

SOLD £640,000 (6.3% NIY)

Lot 53 – Queens Road, Great Yarmouth
Entirely let to Certas Energy UK Limited until 2032 (no breaks) at £42,500 p.a. with RPI linked reviews.

Mixed Use

SOLD £2.6M (3.6% NIY)

Lot 79 - Iceland, London N1
Well located supermarket on Caledonian Road, let to Iceland at £100,000 p.a. until 2022.

SOLD £1.45M (4.9% NIY)

Lot 97 – Southfields, London SW18
Comprising a shop and one flat let to Boot UK Ltd at £74,600 p.a. and another flat let on an AST.


SOLD £985,000 (6.7% NIY)

Lot 15 – Pure Gym, Didcot
Town centre gym let to Pure Gym Limited on a new 15 year lease at £70,000 p.a. with RPI linked reviews.

SOLD £1.66M (5.7% NIY)

Lot 74 - JD Wetherspoon, Sutton Coldfield
Attractive J D Wetherspoon pub let at £100,000 p.a. until 2035.


SOLD £870,000 (5.7% NIY)

Lot 17 – Toolstation, Stockport
Let to Toolstation Ltd until 2029 at £52,000 p.a. with rent review in 2024.

SOLD £1.73M (4.5% NIY)

LOT 43 – NCP Car Park, Lincoln
Town centre car park with 46 spaces let to NCP Ltd at 83,720 p.a. with annual rental increases of 2.75%.

Long Income

SOLD £2.575M (5.8% NIY)

Lot 20 - Travelodge, Sutton Coldfield
Attractive 58 bedroom roadside hotel let to Travelodge until 2035 (no breaks) at £160,722 p.a. with uncapped RPI reviews.

SOLD £1.4M (4.4% NIY)

Lot 184 - NCP Car Park, Crawley
Let to NCP on a new 35 year lease with annual RPI increase at £65,000 p.a.