McColl s Portfolio SECURE RETAIL INVESTMENTS. 20 year unbroken lease terms. Excellent covenant

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Vernon Phillips
6 years ago
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income is 93,000 per annum 1 JOHNSON ROAD

1 McColl s Portfolio S 20 year unbroken lease terms Excellent covenant 5 yearly fixed rental increases based on 2% per annum compound Prominent locations Total income is 93,000 per annum 1 JOHNSON ROAD WEDNESBURY WEST MIDLANDS WS10 0EL 1 TAYLOR ROAD LYDD-ON-SEA KENT TN29 9PA Offers invited in excess of 1,354,000 reflecting an attractive net initial yield of 6.5% 146 PORTLAND STREET SOUTHPORT LANCASHIRE PR8 6RB WESTER ROSS GAIRLOCH IV21 2BZ Contact sole agents: 26 King Street Manchester M2 6AY

2 LOCATION: The property is prominently located at the junction of Johnson Road and Crankhall Lane, in a densely populated residential suburb of Wednesbury, which is located some 7 miles north west of Birmingham city centre. The property is located close to the A461, which provides easy access to junction 9 of the M6, located approximately one mile north of the property. BetFred are located opposite the subject property whilst a number of local retailers are situated in the adjoining parade. There is a Cost Cutter and Lidl located within half a mile and newbuild pharmacy and medical centre. DESCRIPTION: The property is a semi-detached building of brick construction under a pitched tiled roof with single-storey flat roof extension to the ground floor and a two bedroom flat above. There is a pull in area in front of the shop for approximately four / five cars. 1 JOHNSON ROAD WEDNESBURY WEST MIDLANDS WS10 0EL 20 year unbroken lease term. Excellent covenant. Guaranteed rental uplifts. Densely populated residential area.

ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor 1,354 125.79 Sales Ancillary 148 13.

The rent is to be reviewed in an upward direction only each fifth year of the term based upon 2% per annum compounded. TENURE: The property is held freehold.

3 ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor 1, Sales Ancillary First Floor Residential 2 Bedroom Flat LEASE TERMS: The property is held on a twenty year effectively FR&I lease from 31 October 2014 at a commencing rental of 25,000 per annum. The rent is to be reviewed in an upward direction only each fifth year of the term based upon 2% per annum compounded. TENURE: The property is held freehold. COVENANT: For the year ended 24 November 2013, Martin McColl Limited reported a turnover of 428,100,000, a pre-tax profit of 26,620,000, shareholders funds of 175,445,000 and a net worth of 143,673,000 (source:- riskdisk.com ). The McColls Group was founded in 1973 and in February 2014 they listed on the London Stock Exchange and they currently trade from approximately seven hundred and fifty convenience stores throughout the UK. Further information is available on their website PRICE: Offers are invited in excess of 367,000. A purchase at this level would provide an attractive net initial yield of 6.5%. VAT: The property is not elected for VAT and therefore VAT will not be payable on the purchase price. LEGAL COSTS: Each party to bear their own costs incurred in the proposed transaction. EPC: Available on request. VIEWING: Strictly through sole letting agent:- The Agents for themselves and for the vendors or lessors of this property whose agents they are, give notice that (1) The particulars are produced in good faith, are set out as a general guide only and do not constitute part of a contract, (2) No person in the employment of the Agents has any authority to make or give any representation or warranty whatsoever in relation to this property, (3) Unless otherwise stated all prices and rents are quoted exclusive of VAT.

4 LOCATION: Lydd-On-Sea along with the surrounding villages of Lydd, Dungeness and parts of Greatstone have a parish population of c. 5,782. The Property is located some 15 miles west of Folkstone in a good quality residential area. DESCRIPTION: This detached two-storey property is of traditional brick construction under a pitched tiled roof with a single-storey flat roof extension to the front and benefits from a dedicated pull in area to the front of the property for approximately five cars and also on-street parking nearby. 1 TAYLOR ROAD LYDD-ON-SEA KENT TN29 9PA 20 year unbroken lease term Excellent covenant Guaranteed rental uplifts Popular tourist town location

ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor 834 77.48 Sales Ancillary 270 25.

5 ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor Sales Ancillary First Floor Residential LEASE TERMS: The property is held on a twenty year effectively FR&I lease from 31 October 2014 at a commencing rental of 27,000 per annum. The rent is to be reviewed in an upward direction only each fifth year of the term based upon 2% per annum compounded. TENURE: The property is held freehold. COVENANT: For the year ended 24 November 2013, Martin McColl Limited reported a turnover of 428,100,000, a pre-tax profit of 26,620,000, shareholders funds of 175,445,000 and a net worth of 143,673,000 (source:- riskdisk.com ). The McColls Group was founded in 1973 and in February 2014 they listed on the London Stock Exchange and they currently trade from approximately seven hundred and fifty convenience stores throughout the UK. Further information is available on their website PRICE: Offers are invited in excess of 396,360. A purchase at this level would provide an attractive net initial yield of 6.5%. VAT: The property is not elected for VAT and therefore VAT will not be payable on the purchase price. LEGAL COSTS: Each party to bear their own costs incurred in the proposed transaction. EPC: Available on request VIEWING: Strictly through sole letting agent:- The Agents for themselves and for the vendors or lessors of this property whose agents they are, give notice that (1) The particulars are produced in good faith, are set out as a general guide only and do not constitute part of a contract, (2) No person in the employment of the Agents has any authority to make or give any representation or warranty whatsoever in relation to this property, (3) Unless otherwise stated all prices and rents are quoted exclusive of VAT.

6 LOCATION: The property is located in a prominent corner location at the junction of Hampton Road and Portland Street within half a mile of Southport town centre and close to Scarisbrick New Road (A570) in an high density residential area. DESCRIPTION: The property is arranged on ground and first floor and is of traditional rendered brick construction under a pitched tiled roof. The property benefits from a substantial pull in area which can accommodate up to ten cars. 146 PORTLAND STREET SOUTHPORT LANCASHIRE PR8 6RB 20 year unbroken lease term Excellent covenant Guaranteed rental uplifts Densely populated residential area

ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor 1,257 116.78 Sales Ancillary 391 36.

7 ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor 1, Sales Ancillary LEASE TERMS: The property is held on a twenty year effectively FR&I lease from 12 January 2015 at a commencing rental of 21,000 per annum. The rent is to be reviewed in an upward direction only each fifth year of the term based upon 2% per annum compounded. TENURE: The property is held freehold. First Floor Residential Flat COVENANT: For the year ended 24 November 2013, Martin McColl Limited reported a turnover of 428,100,000, a pre-tax profit of 26,620,000, shareholders funds of 175,445,000 and a net worth of 143,673,000 (source:- riskdisk.com ). The McColls Group was founded in 1973 and in February 2014 they listed on the London Stock Exchange and they currently trade from approximately seven hundred and fifty convenience stores throughout the UK. Further information is available on their website PRICE: Offers are invited in excess of 308,280. A purchase at this level would provide an attractive net initial yield of 6.5%. VAT: The property is not elected for VAT and therefore VAT will not be payable on the purchase price. LEGAL COSTS: Each party to bear their own costs incurred in the proposed transaction. EPC: Available on request VIEWING: Strictly through sole letting agent:- The Agents for themselves and for the vendors or lessors of this property whose agents they are, give notice that (1) The particulars are produced in good faith, are set out as a general guide only and do not constitute part of a contract, (2) No person in the employment of the Agents has any authority to make or give any representation or warranty whatsoever in relation to this property, (3) Unless otherwise stated all prices and rents are quoted exclusive of VAT.

8 LOCATION: The property occupies a prominent location fronting the B8021, the main vehicular route serving this popular tourist town on the west coast of Scotland, some seventy miles west of Inverness. The village and the surrounding parish extend to a population of circa one thousand, which increases significantly throughout the tourist season. DESCRIPTION: The property comprises of a two-storey building with a singlestorey extension at the side under a pitched slate roof. There is on-street parking and a free publicly owned car park opposite. This is McColl s second outlet in the village demonstrating the strong trading potential. WESTER ROSS GAIRLOCH IV21 2BZ 20 year unbroken lease term Excellent covenant Guaranteed rental uplifts Popular tourist town location

ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor 1,485 137.96 Sales/ Ancillary First Floor Ancillary 943 87.

passing rental of 20,000 per annum exclusive with effect from 31st October 2014. TENURE: The property is held freehold.

9 ACCOMMODATION: The Property provides the following approximate areas FLOOR AREA sq ft AREA sq m Ground Floor 1, Sales/ Ancillary First Floor Ancillary LEASE TERMS: The property is held on a twenty year effectively FR&I lease, subject to upward only rent review at the expiration of each fifth year of the term to 2% per annum compound at a current passing rental of 20,000 per annum exclusive with effect from 31st October TENURE: The property is held freehold. COVENANT: For the year ended 24 November 2013, Martin McColl Limited reported a turnover of 428,100,000, a pre-tax profit of 26,620,000, shareholders funds of 175,445,000 and a net worth of 143,673,000 (source:- riskdisk.com ). The McColls Group was founded in 1973 and in February 2014 they listed on the London Stock Exchange and they currently trade from approximately seven hundred and fifty convenience stores throughout the UK. Further information is available on their website PRICE: Offers are invited in excess of 282,725. A purchase at this level would provide an attractive net initial yield of 6.75%. VAT: The property is not elected for VAT and therefore VAT will not be payable on the purchase price. LEGAL COSTS: Each party to bear their own costs incurred in the proposed transaction. EPC: Available on request. VIEWING: Strictly through sole letting agent:- The Agents for themselves and for the vendors or lessors of this property whose agents they are, give notice that (1) The particulars are produced in good faith, are set out as a general guide only and do not constitute part of a contract, (2) No person in the employment of the Agents has any authority to make or give any representation or warranty whatsoever in relation to this property, (3) Unless otherwise stated all prices and rents are quoted exclusive of VAT.

FOR SALE Retail Parade with Residential Development Potential Beam Street, Nantwich, Cheshire, CW5 5LJ

FOR SALE Retail Parade with Residential Development Potential INVESTMENT SUMMARY Affluent Cheshire town Parade of 4 shops with first floor offices Shops let to major tenants for long terms Residential