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PROPERTY PORTFOLIO – COMPLETED INVESTMENTSInvestment: Lighthouse 2003/2004 Property: Office building at Dawdon Business and Industrial Park, County Durham Description: 70,000 sq ft comfort cooled office building with 236 designated car spaces.
Investment: Viking Syndicate 2003/2004 Property: Viking Business Park, Jarrow, Newcastle Description: Two 3-storey buildings totalling 63,000sq ft of air-conditioned office space with use of 220 car spaces. South Tyneside Homes have entered into a full repairing and insuring occupational lease for the 20,000 sq ft building. Tech Mahindra Ltd have entered into a full repairing and insuring occupational lease for the majority of the 43,000 sq ft building. The remaining second floor continues to be let on the original seven and a half year non-occupational Licence to the Developer.
Investment: Whitehouse Syndicate 2003/2004 Property: Whitehouse Business Park. Peterlee, County Durham Description: Two 2-storey office buildings of 15,000 sq ft and 25,000 sq ft with the flexibility to be joined as one unit of 40,000 sq ft, finished to an agreed specification with 160 designated car parking spaces. Easington District Council have entered into a full repairing and insuring occupational lease for 10 years on the 15,000 sq ft building. The second building continues to be let on the original seven and a half year non-occupational Licence to the Developer Investment: Dawdon Syndicate 2004/2005 Property: Dawdon Business and Industrial Park, County Durham Description: 61,618 sq ft 3-storey comfort cooled office building with 225 designated car parking spaces. Initially let on a fifteen year non-occupational Licence to the Developer. Investment: Foxcover No. 1 Syndicate 2004/2005 Property: Foxcover Distribution Park, County Durham Description: 125,000 sq ft distribution building with 60 designated car spaces. Cumbrian Holdings have entered into a full repairing and insuring occupational lease for the entire building. Investment: Foxcover No. 2 Syndicate 2005/2006 Property: Foxcover Distribution Park, County Durham Description: Two distributon/warehouse units of 37,600 sq ft with the use of 17 car parking spaces and 61,710 sq ft with the use of 29 car parking spaces. CSL have entered into a full repairing and insuring occupational lease for the 37,600 sq ft building. The second building continues to be let on the original twelve year non-occupational Licence to the Developer.  Investment: Spectrum No. 6 Syndicate 2005/2006 Property: Spectrum Business Park, County Durham Description: 40,800 sq ft, 3-storey, comfort cooled office building with 159 designated car parking spaces. Business and Enterprise North East have entered into a full repairing and insuring occupational lease for the entire building.
Investment: Eurocentral No.1 Syndicate 2005/2006 Property: Eurocentral Business and Distribution Park, Lanarkshire Description: 122,174 sq ft distribution building with 62 designated car spaces. Initially let on a seven and half years non-occupational Licence to the Developer.  Investment: Spectrum No. 4&5 Syndicate 2006/2007 Property: Spectrum Business Park, County Durham Description: Two comfort cooled office buildings of 34,700 sq ft with the use of 129 car parking spaces and 39,860 sq ft with the use of 137 car parking spaces. Initially let on a twenty two year non-occupational Licence to the Developer.  Investment: Spectrum No. 7&8 Syndicate 2007/2008 Property: Spectrum Business Park, County Durham Description: Two comfort cooled office buildings of 30,010 sq ft with the use of 120 car parking spaces and 47,398 sq ft with the use of 184 car parking spaces. Initially let on a fifteen year non-occupational Licence to the Developer.  Investment: Airbles Road 2008/2009 Syndicate Property: Airbles Road, Motherwell Description: A comfort cooled three storey office building of 17,200 sq ft with the use of 63 car parking spaces. Initially let on a fourteen year non-occupational Licence to the Developer.
Investment: 2009/2010 Eurocentral Distribution Syndicate Property: Eurocentral Business and Distribution Park, Lanarkshire Description: Two distribution/warehouse units of 66,795 sq ft and 91,773 sq ft. Initially let on a fifteen year non-occupational Licence to the Developer An example of other properties within the area |
