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 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, 32,500 sq ft of comfort cooled offices have been let to Capgemini UK Plc and the 100,000 sq ft high bay warehouse to Simmonds Transport Limited.
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 development prospects. |