高收益市中心零售投资

出售

21 Leys Avenue

|莱奇沃斯花园城市

| SG6 3EA

295,000

以合同为准

概括

伦敦通勤带内的富裕地段
Prime retailing pitch at the entrance to the Garden Square Shopping Centre
Let to WH Smith Retail Holdings Ltd (Net Assets £752m)
New lease from July 2024
重新调整租金
Tenant has been in occupation since 1907
295,000英镑，视合同而定
11.0% 净初始收益率

地点

莱奇沃思是北赫特福德郡的一个富裕小镇，位于伦敦通勤带内。该镇位于伦敦以北约 62 公里（39 英里）、斯蒂夫尼奇以北 11 公里（7 英里）、卢顿东北 21 公里（13 英里）、剑桥西南 47 公里（29 英里）。

该镇受益于良好的道路交通，毗邻 A1(M)，可直接通往南部约 40 公里（25 英里）的 M25 高速公路（南米姆斯）。 A505 提供通往剑桥和卢顿的东西向通信。此外，该镇与国家铁路网相连，前往伦敦国王十字车站和剑桥的最快行程时间分别为 36 分钟和 28 分钟。伦敦卢顿机场位于西南约 21 公里（13 英里）处。

莱奇沃斯是世界上第一个花园城市，由于靠近伦敦和剑桥，深受通勤者的欢迎。

情况

The property is situated in the heart of the town centre occupying a highly prominent position on Leys Avenue, at the entrance to Garden Square Shopping Centre (see redevelopment below).

距莱奇沃思火车站仅几分钟路程？向西北走。

花园广场购物中心拥有两座主要商场，Commerce Way 和 Central Approach，由中央广场连接，是莱奇沃思的主要步行街之一。该中心包括 175,000 平方英尺的零售和休闲场所，以及一个 400 个停车位的停车场。零售商包括 Iceland、Home Bargains、New Look、Superdrug、WHSmith、EE 和 Poundland。

花园广场重建

花园广场购物中心重建第一期工程已于 2020 年竣工。

该项目包括对 Commerce House 的全面重建、对 23-25 Leys Avenue 的拆除重建以及在 WHSmith 附近的 Leys Square 上新建大楼，目前提供 46 套高品质的一居室和两居室公寓，一楼设有两个新的零售单元，可享受花园广场入口处新建公共空间的宽阔回流面。

Consultation is underway on the next phase of the development which will provide a further c.200 residential apartments.

描述

The property comprises a ground floor retail unit which has been fitted out by the tenant in their usual corporate style. The first floor provides staff/ancillary accommodation.

The second floor comprises a three-bedroom residential apartment which is not included in the sale.

住宿

该房产已根据 BKR 平面图进行测量，并提供以下净内部建筑面积：

净临街面	8.38 m	27?6?
总临街面积	10.13 m	33?3?
A区	58.62平方米	631 平方英尺
B区	50.17 sq m	540 sq ft
C区	56.58 sq m	609 sq ft
余	90.48 sq m	974 sq ft
伊察		1,175
一楼总面积	255.85 sq m	2,754 sq ft

第一层	51.84 sq m	558 平方英尺

全部的	307.68 sq m	3,312 sq ft

A set floor plan is available to download, and the measured survey report will be re-addressed to a purchaser at a cost of £530 + VAT.

任期

长期租赁权益，期限从完成之日起至 28^th 2187 年 12 月（还剩约 163 年），租金极低。

租赁

底层出租给 万洲史密斯零售控股有限公司 on a full repairing and insuring lease for a term of 5 years from 26^th July 2024, expiring on 25^th July 2029. There is a tenant?s break option on 26^th July 2027, subject to six months? notice.

现行租金为 £33,500 per annum.

The tenant has been in occupation since 1907 (118 years) and signed a new lease in July 2024, demonstrating their commitment to this location. The rent was previously £45,000 per annum so has been re-based.

The residential flat on the second floor is not included in the sale.

盟约

WH Smith Retail Holdings Limited (Company Number 471941) has reported the following figures:

	2023 年 8 月 31 日	2022 年 8 月 31 日
收入	£218,500,000	191,656,000 英镑
税前利润（亏损）	-£97,759,000	- 40,783,000英镑
净资产	£752,124,000	848,640,000 英镑

The ultimate parent company is WH Smith Plc, a leading global retailer for news, books and convenience made up of two core business ? Travel and High Street. WHSmith Travel operates over 580 stores in a wide range of locations including airports, hospitals, train stations and motorway service areas. WHSmith High Street has an extensive reach with over 520 stores across the UK, and a presence on nearly every significant UK high street, mainly in prime locations. Their retail offering includes a wide range of products in the following categories: Stationery (including greeting cards, general stationery, art and craft, and gifting), News and Impulse (including newspapers, magazines, confectionery and drinks) and Books. For further information see www.whsmithplc.co.uk.

增值税

The property has been registered for VAT. It is anticipated that the sale will be treated as a Transfer of a Going Concern (TOGC) subject to compliance with the provisions in the sale contract.

提议

我们被指示寻找一个数字 295,000英镑, (Two Hundred and Ninety-Five Thousand Pounds) subject to contract, reflecting a net initial yield of 11.0% assuming purchaser?s costs of 3.24%.

Please note that a purchaser will be re-charged the costs of the measured survey (£530 +VAT) and searches (£1,172.00) which are provided in the data room.

请注意，购买者将被收取购买价格 1.0% 的交易费加上增值税。

投资注意事项

该房产位于伦敦通勤带的富裕地段；
The property occupies a prime retailing pitch in the heart of the town centre and at the entrance to the Garden Square Shopping Centre;
Securely let to WH Smith Retail Holdings Limited (Net Assets £752 million);
New lease from July 2024;
重新调整租金；
The tenant has been in occupation since 1907 (118 years) and signed a new lease, demonstrating their commitment to the property;
对投资者有吸引力的手数；
具有吸引力的净初始收益率。