Asparagus was sold on behalf of a Danish K/S vehicle. Let to J D Wetherspoon Plc on a 40-year full repairing and insuring lease for a term expiring on the 4th May 2038, subject to a tenant’s break on 5th May 2023. The freehold was acquired by J D Wetherspoons.

Sold on behalf of a Danish K/S vehicle. The property was let to Matalan Retail Ltd for a term of 10 years from November 2018 on full repairing and insuring terms at a passing rent of £195,022 per annum. The freehold and long leasehold interests were acquired by Seneca Properties.

The Richard John Blacker in Central Liverpool was sold on behalf of a Danish K/S vehicle. Let to J D Wetherspoon Plc on a 35 year full repairing and insuring lease for a term expiring in June 2034 subject to a tenant’s break in June 2029 at a current passing rent of £295,121 per annum. The long leasehold interests were acquired by J D Wetherspoons.

Lindley Mortimer acted on the surrender of three long let assets to M&S, administered by Habro Properties, The buildings are to be retained and actively managed by Habro.

The Opera House pub in Tunbridge Wells was sold on behalf of a Danish K/S vehicle. Let to J D Wetherspoon’s Plc on a 35 year lease expiring in 2033 subject to a tenant’s break in 2028, at a current rent of £188,146 per annum. The property was acquired by J D Wetherspoon’s.

A modern standalone food store of 8,553 sq ft adjacent to an Aldi supermarket and let to M&S Simply Food Ltd for a further 13 years (subject to tenants break in 8 years). The freehold was sold to a price investor for £2.425m, 5.15%.

A portfolio of four Wetherspoons Pubs in Stockton, Middlesborough, Folkestone and Harlesden sold on behalf of a two Danish K/S vehicles.

A purpose built supermarket, in Hoddesdon town centre, opposite an Aldi supermarket and let to Iceland for a further 13 years (8 years to break). Sold to a private investor for £2.15m, an initial yield of sub 5.5%.

A prime high department store of 47,500 sq ft, let to Debenhams on a lease expiring in 2076, subject to 5 yearly rent reviews. Acquired on behalf of Habro Properties from an overseas investor at a yield of 4.75%.

A 160 bed Premier Inn hotel adjacent to Old Trafford football stadium. The freehold interest was sold to an overseas fund in an ‘off market’ deal. The hotel was let to Premier Inn Hotels Ltd on a long lease, subject to a break clause in 2046 and benefitted from 5 yearly rent reviews subject to CPI increases, capped and collared at 2% and 6%.

A 151 bed Travelodge hotel adjacent to London City Airport in the Royal Docks. The long leasehold interest was sold to Unilever (UK) Pension Fund, clients of CBRE Global Investors in an ‘off market’ deal at a yield of sub 5%. The hotel was let to Travelodge for a term expiring in June 2038, benefitting from 5 yearly rent reviews subject to RPIX increases.

An exceptional four star 131 bed hotel let to Hilton Worldwide for a further 79 years. The hotel is located 100 metres from the Haymarket tram and train stations, close to Edinburgh city centre. The heritable title was acquired by Staffordshire County Council Pension Fund, clients of Colliers Capital at a yield of sub 4.5%.