H6 Portfolio

A freehold portfolio comprising 6 prime retail units located in Coventry, Derby, Scunthorpe, St Helens and Warrington.

• Total approximate floor area of 60,880 sq ft (5,656 sq m).
• All six properties are Freehold.
• The entire portfolio is let to the Bank of Scotland plc on leases for a term of 20 years from July 2005, subject to 5 yearly upward only rent reviews.
• Total current income of £1,256,000 per annum.
• The Vendors are seeking offers in excess of £15,829,000, subject to contract, reflecting a net initial yield of 7.50%, after allowing for acquisition costs of 5.80%.  However, individual offers for properties will be considered.
• For further information please go to   www.h6portfolio.co.uk