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Square Portfolio

UK

dba223

Portfolio
£15,500,000

Tenure: Freehold
Tenancy: Multi Let

Investment summary

•Retail portfolio held in a UK company.

•5 pedestrianised retail assets comprising 3 boutique shopping centres, a high street unit and a neighbourhood shopping centre.

•Total area of 5,333.43 sq m (57,410 sq ft) leased on full repairing and insuring terms to 72 tenants on 78 leases.

•Well balanced lease expiry profile with 28.89% of the income expiring within 5 years, 35.40% for between 5 and 10 years and, 35.71% for in excess of 10 years.

•Low zone A rentals ranging from £134.23 per sq m zone A (£12.47 per sq ft zone A) to £514.64 per sq m zone A (£47.81 per sq ft zone A) excluding the Leicester high street unit at £667.38 per sq m zone A (£62.00 per sq ft zone A).

•Current passing rental of £956,001 per annum.

•Estimated rental value of £1,082,026 per annum.

•Significant asset management potential to enhance income and capital value.

•Average weighted term certain of approximately 8.87 years.

•Strong tenant demand as evidenced through the entire portfolio being 100% let.

Contact us for further information
Telephone: +4420 7323 1010
Facsimile: +4420 7323 6600
Email: info@dbaprop.co.uk
Website: www.dbaprop.co.uk

Address:
DBA
91 Wimpole Street
London
W1G 0EF

Misrepresentation Clause

DBA Advisors Ltd for themselves, their Associated Companies, their employees and for the vendors or lessors of the properties whose agents they are give notice that:
1. All particulars or properties provided are given as a general outline only for the guidance of intending purchaser, lessee or tenant, and do not constitute, nor constitute part of, an offer or contract.
Whilst all particulars of properties given including but not limited to descriptions, dimensions, references to condition and necessary permissions for use and occupation and maps are believed to be correct and are given in good faith, they are however given without responsibility on the part of David Baroukh Associates their Associated Companies, their employees and or the vendors or lessors as the case may be.
2. None of the statements contained in any particulars is to be relied upon as a statement or representation of fact.
3. Any intending purchaser or lessee or tenant should not rely on any particulars provided by us and must satisfy themselves by inspection or otherwise as to the correctness of each statement made in such particulars.
4. The vendor or lessor (as the case may be) do not make or give and neither DBA Advisors Ltd, their Associated Companies or any person in their employment have any authority to make or give any representation or warranty whatever in relation to any properties.