11 Feb 2010
Torcana UK Product Information

Torcana Ltd

Birmingham City Centre (from £84,700)

This a contemporary property development situated in the heart of Birmingham's city centre. It is located close to The Hippodrome, The Arcadian Centre, The Mailbox and Bullring.

These units are discounted 40-50% below previous sales prices and provide excellent medium term capital appreciation prospects. They are achieving net rental yields of up to 7% and there are less than 8 units remaining.

Government Let Offices in Manchester (£1.45m)

SIZE: Ground floor 5325 sq ft and First Floor 5153 sq ft.

LEASE: The property is held long leasehold for a term of 150 years from 16 December 1992

TENANCY: The property is let to a government department for a term of 25 years from 16 July 1993 on full repairing and insuring terms subject to five yearly upward only rent reviews. The current rent passing is £107,550 per annum.

Mixed Use Property in London NW1 (£12m)

DESCRIPTION: Opportunity to acquire a prominent well let mixed use property in the North London borough of Camden.

SIZE: Total net internal area of 2,736 sq m (29,457 sq ft).

TENANCY: Fully let to 4 tenants with an average weighted unexpired term of 6.5 years. Total current income of £728,161 per annum reflecting a net initial yield of 5.75% and a low capital value of £407 per sq ft.

For further information please contact: Andy Kiwanuka andy@torcana.com +44 7900 583 971 / +44 207 193 0594

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