Portfolio of commercial investment properties

Riossi Motorcycle Dealership, Stretford Road – Manchester

• This freehold retail warehouse had been empty for almost 3 years when acquired by the fund. Following lengthy negotiations, Volkswagen entered into a 25 year lease at a rent to show a yield on the initial purchase price of over 8%.
• Volkswagen will carry out a substantial refurbishment of the property which will be used as a ‘state of the art’ Audi workshop to serve their showroom opposite.
  
  

Portfolio introduction