Prime Eastbourne Trade Counter Investment Sale completed
In the first of our 12 Deals of Christmas, BHT were recently instructed to market a prime trade counter unit in Eastbourne. The property was let to UK Plumbing Supplies Ltd on a 5 year lease from July 2021 at a passing rent of £110,000pax and CTD Tiles on a 2 year lease from March […]
Prime Birkenhead Trade Counter Investment Sale completed
BHT were recently instructed to market a prime trade counter unit in Birkenhead. The property was let to UK Plumbing Supplies Ltd on a 10 year lease from October 2022 at a passing rent of £60,000pax. The lease contained a rolling tenant break up to July 2026. The property was held long leasehold with only […]
Prime Bradford Trade Counter Investment Sale completed
BHT were recently instructed to market a prime trade counter unit in Bradford. The property was let to UK Plumbing Supplies Ltd on a 10 year lease from July 2021 at a passing rent of £40,000pax. The lease contained a rolling tenant break up to July 2026. Following a targeted marketing campaign we received several […]
Prime Carmarthen Trade Counter Investment Sale completed
BHT were recently instructed to market a prime trade counter unit in Carmarthen. The property was let to Wolseley UK Ltd on a 10 year lease from May 2022 at a passing rent of £30,000pax. Following a targeted marketing campaign we received several offers in excess of asking terms. The successful purchaser was advised by […]
Prime Shepherds Bush Retail Investment Sale completed
BHT were recently instructed to market a prime retail unit in Shepherd’s Bush, London. The property was let to Wolseley UK Ltd on a 10 year lease from May 2022 at a passing rent of £40,000pax. Following a targeted marketing campaign we received several offers in excess of asking terms. The successful purchaser Harkalm performed […]
Prime Trade Warehouse Investment sale completed
BHT were recently instructed to market a prime trade warehouse investment in Hayes. The property was let to UK Plumbing Supplies Ltd on a 10 year lease from July 2021 at a passing rent of £90,000pax. The passing rent was highly reversionary, equating to only £9.34 psf. Following a targeted marketing campaign we received several […]
Letting of Cedar Court Office Park – Junction 39 M1
We have successfully completed the letting of a Unit on Cedar Court Office Park to Henley Group until 2029, Henley Group relocated from Wakefield to be nearer the M1 to facilitate their business growth. The property extends to 6359 sq ft of modern offices over 2 storeys and benefits from 18 car parking spaces. The […]
Demand for prime commercial property investments remains healthy
Brackenridge Hanson Tate have been very active in Quarter 4 2022 and have acquired numerous investments for clients, all secured off market. Despite interest rate rises and the general economic climate we are seeing clients still wanting to acquire prime commercial investments let to strong tenants. An example of some of our acquisitions include a […]
Successful sale of Retail Investment
We have recently completed the off market investment sale of the Barclays Bank Baxtergate Whitby at a current passing rent of £35,000pa. The property benefited having vacant upper floors and a lapsed planning consent to convert the upper floors to residential. It also benefited from a prominent location and access from New Quay Road, overlooking […]
Successful Acquisition of Two Prime Retail Units.
Acting on behalf of a private client, Brackenridge Hanson Tate identified and successfully negotiated the acquisition of two prime retail units that were let to 02 and Pandora. Both units were let off rebased rents and produced a total rent of £100,000 pa. The property was acquired for £1,365,000 equating to a net initial yield […]
