Acuitus has released the catalogue for its 26 March auction, featuring a number of London and South East assets, including the freehold of an ultra-prime Mayfair property.
33 Clarges Street, Mayfair
The grade II-listed building with office and residential space over five floors is offered at a guide price of £5.25m, equating to a capital value of around £1,200/sq ft.
Other London lots include a freehold property on Clapham High Street comprising two large flats and a street-level restaurant, generating an annual rental income of £264,100 and guided at £3.8m.
In Battersea, a freehold property comprising a shop and three flats, producing an annual rent of £118,600, is guided at £1.55m.
Commercial highlights include a 31,938 sq ft shopping centre in Bedford8 with 44 retail and office units, guided at £2.5m.
In Cirencester, Gloucestershire, a 20-unit shopping centre, producing £425,361 in annual rental income, is being offered with a guide of £2.95m.
Acuitus director Charlie Powter said: “The London market accounts for more than 40% of all assets selling at auction for more than £1m. These properties are high-quality stock that offer investors either substantial income or, in the case of the Clarges Street property, a tremendous asset management opportunity.”
Acuitus investment director John Mehtab added: “Shopping centres such as these, which serve local communities with a variety of convenience and independent stores, are attractive to investors because of their existing income streams and future potential.”
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