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BATTERSEA - 31-32 Battersea Square & Cotswold Mews, London, SW11
FOR SALE
Attractive freehold restaurant and office investment with parking. A courtyard style development with approximately 933 sq m (10,040 sq ft) of offices.
Offers sought in excess of £1,700,000 exclusive of VAT and subject to contract for the Freehold interest. A purchase at this level would reflect an attractive Net Initial Yield of 8.3% rising to 12.8% upon letting of the vacant accommodation after purchaser's costs of 5.7625%.
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HARLOW - Tesco Distribution Unit, Flex Meadow, Pinnacles West
FOR SALE
A well specified chilled distribution unit located close to the M11 motorway which provides direct access to the M25, Central London, Stansted Airport and Cambridge. Let to Tesco Stores Limited, the UK's largest food retailer with an unexpired term of approximately 14 years.
We are instructed to seek offers in excess of £25,000,000 which reflects a net inital yield of 6.87% net of purchaser's costs at 5.7625%.
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WIMBLEDON - Olympic House, 196 The Broadway
FOR SALE
Six storey office building extending to approximately 1,498 sq m (16,121 sq ft), located in the town centre of this affluent south west London suburb with the benefit of 35 parking spaces. There is possibility of future development, refurbishment and extension subject to Freeholder's consent.
Offers are sought in excess of £2,500,000 and a purchase at this level would reflect an attractive net inital yield of 6.86% rising to in excess of 8.4% on re-letting of vacant accommodation after purchaser's costs of 5.7625%.
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SLOUGH - Stellent House, 339 High Street
FOR SALE
Modern freehold single let office investment, situated in the town centre within close proximity to Slough railway station. The 3 storey, self-contained building extends to approximately 873 sq m (9,397 sq ft) and is let in its entirety to Oracle Corporation UK Ltd until 2016.
Offers are sought in excess of £2,480,000 exclusive of VAT and subject to contract. A purchase at this level would reflect an attractive Net Initial Yield of 9.78% after purchaser's costs of 5.7625%.
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