Clerkenwell studio on offer
Strettons is offering a recording studio and office building in Clerkenwell, EC1, guided at £5.75m to £5.8m. The 14,590 sq ft property provides a rental income of £350,500 pa from three tenants each with 10 to 11 years remaining on their leases. The lot will be offered at Strettons’ 9 February auction at the Grand Connaught Rooms, WC2.
Acuitus lines up 72 lots
Acuitus has launched a 72-lot catalogue, its largest for a February sale. Properties on offer include a freehold pub in Leeds let at £165,000 pa to JD Wetherspoon until 2040. Guided at £3m, the leisure opportunity will be part of Acuitus’s 11 February auction at the Radisson Blu Portman Hotel, W1.
Beat stamp duty with Notts lot
A double-fronted former fast-food shop in Nottingham with a two-floor flat above will go under the hammer at Savills’ next regional sale at Nottingham Racecourse on 11 February. Guided at £150,000 to £175,000, the property is being marketed by Savills as an opportunity for investors before stamp duty on buy-to-let properties rises in April.
Clacton seafront flats for sale
Thirteen flats in the former Royal Hotel on the seafront in Clacton-on-Sea, Essex, are being offered by Dedman Gray on 10 February at the Holiday Inn at Southend Airport. Nine flats are let, and generate an income of £59,520 pa.