The first U.K commercial property fund - Investment in the U.K

Company information:

Company incorporation date: September 2004
Investment term: 8 years
Projected exit date: Exited
Minimum investment: €1,000 (Closed for Investment)
Investment rationale: Capital appreciation

This fund has exited.

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Retail Warehouse, Sudbury, UK

This freehold retail warehouse is located in the affluent town of Sudbury. The tenant, Homebase, is the second largest DIY brand in the UK. It has more than 300 large, out-of-town stores throughout the UK and Republic of Ireland. Homebase sells over 30,000 products across DIY and decorating, home and garden ranges.

Lettable area: The retail warehouse extends to approximately 2,375 m² (25,567 sq ft), with a 929m² (10,000 sq ft) garden centre. The property has 107 car parking spaces.

Micro Location

  • Located on a prominent site to the north of the town centre
  • At the entrance to Sudbury’s large commercial park, adjacent to McDonald’s.
Retail Warehouse, Sudbury, UK

Sudbury

  • An affluent market town situated approximately 22 miles from Ipswich, 67 miles form London
  • Connected by both the A134 and the A131
  • Catchment of 182,052 people within 15km

Asset management achievements to date:

Following a year-long negotiation involving independent arbitration, a rent rise of 37.5% (from STG£250,000 to STG£343,750) was achieved in late 2009. This increase is three times that which the directors originally forecast.

Car Park, Farm Street, Hockley, Birmingham, UK

This car park is located near the centre of Birmingham, the UK’s second largest city.  The property comprises a tarmacadam car park of 120 marked spaces on a site of 0.29 hectares (0.71 acres).  It is leased for 25 years with regular contractual rent rises. The tenant is Signet plc, a FTSE 250 company whose headquarters building is adjacent to the site. 

Property Location

  • Situated in Hockley, in close proximity to the junction of A41 Birmingham Road, approximately 2 km north west of the city centre.