Duo of builders’ merchant stores among top lots in Acuitus July sale

Two builders’ merchant premises are among the 49-lots being offered in the Acuitus commercial property auction on 9 July. The two substantial freehold trade retail assets in Godstone, Surrey, are up for sale with guide prices of £3.7m-£3.9m and £2.7m-£2.9m. Both properties are leased to tenants trading as Fairalls Builders Merchant and produce annual rental income of £280,000 and £220,000 respectively. In Enfield, North London, a mixed-use bank and residential asset is being offered with a guide price of £2.5m. The property at 22-24 Church Street includes a double fronted ground floor unit let to TSB plus four residential flats on the upper floors. The total annual rental income is £135,400 with two of the flats currently unoccupied, offering immediate active asset management potential. A number of landmark buildings also feature in the catalogue for the livestream sale. The Buttermarket building in Chichester is being offered with a guide price of £570,000-£590,000. The building is fully let to a Bill’s restaurant, a jeweller, and tearoom. In Boston, a substantial and high yielding Grade II listed retail and residential parade is being sold with a guide price of £875,000. In Stirling, a B listed former church which has consent to be used as a restaurant and venue/event space is being offered with a guide price of £325,000. Acting for a major corporate, Acuitus will also be offering nine former funeral parlours in locations across the country including Croydon, Wells and Sheffield. Guide prices ranging from £25,000 to £350,000. All will be offered vacant and have potential for development or change of use. Photo © Acuitus