Cooper House, South Yorkshire

21,699 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong market town between Leeds and Sheffield.
Modern office building comprising 2,015.84 sq m (21,699 sq ft) with 12 car parking spaces.
Let to Secretary of State for Communities & Local Government for a term expiring 29th July 2017. There is a reversionary lease to Trillium (PRIME) Property GP Ltd for a term expiring 31st March 2023. There is a tenant’s only break clause on 31st March 2018.
Current net rent of £306,022 per annum (£14.10 per sq ft).
Subject to CPI increase in July 2017.

31 – 49 Newfoundland Court, Brisdtol

30,999 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Bristol is the 5th largest City in the UK and the property is situated in a strong central location.
Modern office building comprising 2,877.02 sq m (30,999 sq ft) with 32 car parking spaces.
Let to Secretary of State for the Environment (79%) for a term expiring 28th September 2016. Other tenants include Solon South West Housing Association Ltd, Schooner Investing Ltd and Pinnacle People Ltd.
Current net rent of £ 433,191 per annum (£13.97 per sq ft).

Wren House, Chelmsford

13,903 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong southeast market town, close to London.
Detached modern office building on business park comprising 1,291.70 sq m (13,903 sq ft) with 58 car parking spaces.
Let to NHS Property Services Ltd for a term expiring 28th September 2023, with a tenant’s break clause dated 28th September 2018.
Current net rent of £180,938 per annum (£13.01 per sq ft).

St Clare House, Ipswich

80,410 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong town and administrative centre for Suffolk.
1960’s office building refurbished in 1987 comprising 7,470.30 sq m (80,410 sq ft) with 32 car parking spaces.
Let to The Secretary of State for the Environment for 25 years from the 1st August 1988 and then a reversionary lease from the 1st August 2013 expiring 31st July 2023, with a tenant’s break clause dated 2nd April 2021.
Current net rent of £695,000 per annum (£8.64 per sq ft).

36 Dale Street, Liverpool

24,749 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong city centre location.
Period office building comprising 2,299.18 sq m (24,749 sq ft).
Let to Trillium (PRIME) Property GP Ltd for a term expiring 31st March 2018 and Abul Suliman until 14th December 2018.
Current net rent of £323,420.50 per annum (£13.07 per sq ft).
Subject to a fixed increase to £364,212.31 per annum in October 2017.

Tweedle House, Oldham

80,141 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong town centre location.
Modern office building comprising 1,886.40 sq m (20,307 sq ft) with 7 car parking spaces.
Let to the Secretary of State for the Environment expiring 30th April 2015 and a reversionary lease to Trillium (PRIME) Property GP Ltd expiring 31st March 2023 with a tenants break on 31st March 2018.
Current net rent of £216,912 per annum (£10.68 per sq ft).
Subject to CPI increase in 2015.

Transpennine 200, Rochdale

98,735 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong distribution and industrial location.
State of the art production facility developed in 2006 comprising 9,172.50 sq m (98,735 sq ft) with 165 car parking spaces.
Let to Secretary of State for Communities and Local Government for a term expiring 22nd November 2021.
Current net rent of £1,090,163 per annum (£11.04 per sq ft).
Current net rent of £1,090,163 per annum (£11.04 per sq ft).
Subject to a rent reduction to £650,000 per annum (£6.58 per sq ft) in 2016.

Kings Court, Sheffiled

52,850 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong administrative city location.
Modern office building comprising 4,909.87 sq m (52,850 sq ft) with 46 car parking spaces.
Let to The Secretary of State for the Environment expiring 23rd June 2016 and a reversionary lease to Trillium (PRIME) Property GP Ltd expiring 31st March 2023. There is a tenant’s break on 31st March 2018.
Current net rent of £810,614 per annum (£15.33 per sq ft).
Subject to CPI increase in 2016.

Brocol House, Greater Manchester

44,753 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong market town centre location within the Greater Manchester conurbation.
Detached stand alone office building comprising 4,157.57 sq m (44,753 sq ft) with 61 car parking spaces.
Let to Trillium (PRIME) Property GP Ltd for a term expiring 23rd June 2024 with a tenant’s break on 31st March 2018.
Current net rent of £351,468 per annum (£7.85 per sq ft) assuming CPI increase realised before completion (June 2014).
Subject to a further CPI increase in June 2019.

Molineux House, Wolverhampton

32,437 sq ft

Freehold Long Term Leisure Investment Opportunity

Investment Summary

Strong town centre location.
Modern office building comprising 3,013.58 sq m (32,437 sq ft) with 44 car parking spaces.
Let to Trillium (PRIME) Property GP for a term expiring 31st March 2018.
Current net rent of £377,154 per annum (£11.63 per sq ft) assuming RPI increase realised before completion (June 2014).