AP Investment

AP Investment, jointly with KWB Commercial Property Specialists have completed the sale of 7 Waterfront Business Park, Brierley Hill on behalf of Bridges Fund Management Ltd.   The modern detached office was constructed in the late 1990s and is occupied by Talbots Solicitors, and Footman James. The building extends to 31,830 sq ft over two floors. The property had recently been comprehensively refurbished and on the back of the upgrade works the new tenants were secured.   The property has an AWULT of 8.6 years to expiry and 6.1 years to break. The current rent is £429,705 per annum.    The purchaser was a private client of Savills.   The sale is the eighth on the park as Bridges have concluded their various asst management strategies on each unit. Waterfront Business Park has proved popular to investors, owner occupiers and tenants. #cre #realestate #investment #commercialproperty #commercialrealestate #officeinvestment #apinvestmentdeal

Acting on behalf of a private property company, AP Investment has recently acquired a single let industrial/trade counter investment on Blenheim Court, Blenheim Industrial Estate, Nottingham. The end of terrace unit extends to 6,430 sq ft and is let to Has-Vent Ltd on a lease that expires in March 2030. The current rent passing is £35,745 per annum (£5.56 per sq ft), there is an open market rent review in March 2025. The property is held on a 150 year long leasehold interest. The investment was acquired for £517,500 reflecting 6.5%. @Landa Associates acted for the vendor. #propertyinvestments #commercialpropertyinvestment #commercialrealestate #investmentsales #industrialrealestate #industrialproperty #realestate #propertyinvestments #apinvestmentdeal

Acting on behalf of private property company Templetone Ltd, AP Investment has recently acquired a retail investment in the centre of Wallingford. Located centrally between Waitrose and Market Place the property comprises two ground floor retail units with uppers and a rear garden. The units are occupied by a café and local estate agency. The two tenants recently committed to new 10 year leases, with break options at the expiry of the 5th years. The property was acquired for £325,000. The vendor was represented by Quintons. #realestate #propertyinvestments #retailproperty #commercialpropertyinvestment #commercialrealestate #apinvestmentdeal

Acting on behalf of a private property company, AP Investment has recently acquired a single let trade counter investment on Ascot Business Park, Ascot.   The two units extend to 6,978 sq ft and are let to Screwfix Direct Ltd on a 10 year lease from June 2019. The rent passing is £100,000 per annum.   The investment was acquired for £1,500,000.   Page Hardy Harris Ltd acted for the vendor. #propertyinvestments #commercialpropertyinvestment #commercialrealestate #investmentsales #industrialrealestate #industrialproperty #realestate #propertyinvestments #apinvestmentdeal

Acting on behalf of a Forelle Estates Ltd, AP Investment has recently sold a Costa drive thru investment in Bridgwater which forms part of Dunball Services at Junction 23 of the M5. Located on the Dunball Roundabout the new Costa drive thru is a 0.5 acre self contained site overlooking other operators such as Shell, Greggs, Starbucks, BP, KFC and Subway. The property is let on a 15 year lease from February 2024 and has 5 yearly CPI rent reviews with an annual collar & cap of 1% & 4%. The property was sold for £1,735,000, reflecting an initial yield of 5.7%. The purchaser was represented by Metis Real Estate Advisors. #realestate #propertyinvestments #commercialpropertyinvestment #commercialrealestate #investmentsales #CRE #drivethru #apinvestmentdeal

**NEW SALE** High yielding retail, leisure & car park investment. Brewery Street, Rugeley, Staffordshire WS15 2DY 🔸Located in Rugeley town centre 🔸Multi let retail, leisure and car park investment 🔸Property extends to 11,745 sq ft 🔸43 space car park to the rear 🔸0.64 acre site 🔸Let to Air Ambulance & Anytime Fitness 🔸Longstanding tenants who have been in occupation for an average of 10 years 🔸Car park run by Euro Car Parks on a service level agreement. Agreement currently being renewed 🔸WAULT of 5.9 years to expiries 🔸Total income £90,651 per annum 🔸The expectation is the overall income will increase significantly on conclusion of the new car park agreement 🔸Offers in excess of £860,000 🔸Initial yield of 10% 🔸Pro rata capital value of £66 per sq ft for the existing accommodation Please contact Andy Price for further information. #realestate #propertyinvestments #commercialpropertyinvestment #commercialrealestate #investmentsales #CRE #retailinvestment #apinvestmentsale

** NEW SALE ** Trade counter investment opportunity. Unit J, Hornbeam Business Park, North Walsham, Norfolk NR28 0FX 🔸 Located on established modern trade park, Hornbeam Business Park 🔸Other occupiers on the development include Screwfix, Toolstation, Howdens and Stuff Self Storage 🔸Semi detached unit built in 2023 totalling 2,821 sq ft 🔸EPC - A 🔸10 year lease from October 2024 to Motor Parts Direct Ltd, tenant break option at expiry of 5th year 🔸Rent £28,000 per annum 🔸Open market review at end of Year 5 🔸Offers in excess of £400,000 🔸Net initial yield of 6.72% Please contact Andy Price for further information. #propertyinvestments #commercialpropertyinvestment #commercialrealestate #investmentsales #leisureproperty #industrialrealestate #industrialproperty #realestate #propertyinvestments #apinvestmentsale

** NEW SALE ** Reversionary multi let industrial estate investment. Earlswood Business Park, Poolhead Lane, Earlswood, Solihull B94 5EW 🔸 Located directly north of the M42, 6 miles south west of Solihull town centre 🔸J3 of M42 and A435 are 1½ miles to west 🔸Substantially refurbished multi let industrial estate extending in total to 49,623 sq ft 🔸Currently 20 units ranging from 400 sq ft to 13,500 sq ft  🔸0.3 acres of secure storage land and the potential to develop further open storage or industrial units 🔸3.45 acres  🔸Estate 100% let  🔸Weighted average length of occupancy of existing tenants on the estate is almost 14 years 🔸WAULT of 3.25 years to expiries and 3.0 years to breaks 🔸Asset management opportunities both short and medium term with several over the next 12 months 🔸Combined rent of £303,530 per annum 🔸ERV - £361,424 per annum, an increase of just under 20% 🔸Potential to capture 45% of the reversion in the next 12 months 🔸Offers in excess of £3,200,000  🔸Net initial yield of 8.91%  🔸Reversion to 10.61%  🔸Underlying capital value of only £60 per sq ft on the existing accommodation Please contact Andy Price for further information. #realestate #propertyinvestments #commercialpropertyinvestment #commercialrealestate #investmentsales #CRE #industrialrealestate #industrialproperty #apinvestmentsale

Acting on behalf of a private property company client AP Investment has recently sold this industrial investment in Longbridge. The property is located just off Bristol Road South across the A38 from Longbridge Business Park. Three unit industrial terrace had been refurbished and let to a single occupier on two separate leases. Units 2&3 were let until May 2027. Unit 4 was let until December 2026 with a mutual break option from the end of Year 1. The combined rent is £131,250, an average of £8.45 per sq ft. The investment was purchased by a private investor client of TDB Real Estate. #propertyinvestments #commercialpropertyinvestment #commercialrealestate #industrialrealestate #industrialproperty #propertyinvestments #apinvestmentdeal

**NEW SALE** High yielding office investment. Unit 7, The Waterfront Business Park, Brierley Hill. 🔸 Modern & recently refurbished detached office on established mixed commercial park 🔸 31,830 sq ft over two floors 🔸 Two significant lettings since recent complete refurbishment of the building 🔸 EPC A building 🔸 Car parking ratio of 1:193 sq ft 🔸 Let to Talbots Solicitors and Advisory Insurance Brokers Ltd, trading as Footman James 🔸 Talbots Solicitors have recently removed their 2027 break option 🔸 AIB’s lease commenced 8 May 2024 🔸 AWULT of 8.6 years to expiries and 6.1 years to break 🔸 Combined rent of £429,705 per annum 🔸 Offers in excess of £4,000,000 🔸 Net initial yield of 10.08% 🔸 Underlying capital value of only £125 per sq ft – below vacant possession value Contact Andy Price or Nigel Tripp for further information. #cre #realestate #investment #commercialproperty #commercialrealestate #officeinvestment #apinvestmentsale