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

Company information:

Company incorporation date: April 2005
Minimum investment: €1,000 (Closed for Investment)
Investment rationale: Capital appreciation

Car Showroom, 175 London Rd, Romford, UK

175 London Road is a modern car dealership incorporating a car showroom, workshops and ancillary spaces. The showroom has been finished to a modern specification with an indoor area for showcasing vehicles. There is ample space for both customer and forecourt parking. The tenant is Lookers Southern Limited, a subsidiary of UK-nationwide motor dealer chain Lookers plc. Lookers plc posted 2009 profits of £28.3 million on a turnover of £1.75 billion. The lease is for 25 years from February 2000.

Lettable area: 877m² (9,440 sq ft)

Property Location

  • Situated approximately 20km north east of London, a short distance from the London 2012 Olympic Village and surrounding regeneration projects.
  • Known as a location of choice for car buyers from the capital

Car Showroom, 175 London Rd, Romford, UK

Asset Management Achievements to date

Assignment of the lease from HR Owen to the larger, more secure covenant of Lookers.

Retail Warehouse, Manchester Rd, Bolton

This retail warehouse with 60 car parking spaces, is located on Bolton’s Manchester Road. The property comprises a solus retail warehouse formed of two interconnecting buildings totalling about 1,983m² (21,348 sq ft), arranged in an ''L'' shape around a central car parking area. The premises are for use as a non food retail warehouse within Class Open A1, and may also be used for B1, B2 or B8 purposes. It is let to B&M Stores, a UK multiple retailer with over 190 stores, employing 5,000 staff to serve over 1 million customers per week. The lease runs from December 2002 for 20 years, with upwards-only rent reviews every 5 years.

Property Location

  • Bolton is one of Greater Manchester’s principal towns, located just 8 miles from Manchester City Centre
  • Occupies a strategic position at the intersection of 3 important motorways serving the North West of England.
  • Catchment population of almost 2 million people

Micro Location

Manchester Road (B6536) runs on a SE direction from Bolton town centre and is a reasonably heavily traffic, a route forming part of Bolton's inner ring road. The property occupies a prominent' position fronting onto Manchester Road at its junction with Lever Street, approximately half a mile south of Bolton'town centre.

Manchester Road has become an established retail warehouse destination which has attracted a
number of diverse bulky goods and food retailers. Within the immediate locality of the subject
property, occupiers include United Carpets, MFI, Halfords, Focus DIY and a large Big W Woolworths
store. The property is also within close proximity to the Ravenside Retail Park, which lies immediately to the north.

 

Retail Warehouse, Manchester Rd, Bolton

 

Asset Management Achievements to date

Assignment of the lease to the larger and more secure B&M Stores covenant.