At Barlows, each acquisition is assessed on its propensity for added value, a principle which the company maintains in all its trading disciplines.
Whilst key drivers in property investment are always headed by income levels and exit yields, the use of debt throughout gearing is also an important factor influencing total returns.
Barlows PLC places great emphasis on measuring performance against forecasts.
CORPORATION STREET
MANCHESTER
A long leasehold property located in the city centre, adjacent to Marks & Spencer, Selfridges and within the Arndale Shopping Centre. The accommodation was remodelled to create new floor plates and let to Pizza Hut and Ark for £252,000 per annum. Subsequently sold for over £4 million.
INTERNATIONAL HOUSE
TELFORD
Following the refurbishment of the vacant former headquarters building comprising 32,500 sq ft of comfort cooled offices and 100,000 sq ft warehouse facility, the office element has been let to Capgemini UK Plc. The high bay warehouse offers quality space in a highly prominent location.
SOMERFIELD
LONGTON
Acquisition of a food store with open A1 planning and medical practice let to the NHS. With long term income, off low rents, the investment offers strong prospects for rental growth. |