The Prideview Group...business & the establishment of dedicated agency, disposals, lettings, management, finance & insurance divisions, meaning we can now provide all of the services

Acquisitions Auctions Finance Insurance Management

The trusted advisor for all your commercial property needs

www.PropertyInvestmentLondon.com


The Prideview Group

The Prideview Group

COMMERCIAL PROPERTY CONSULTANTS

WWW.PROPERTYINVESTMENTLONDON.COM

Suite 4, Fountain House, Church Road, Stanmore, Middlesex, HA7 4AL T 0208 954 0878 E [email protected]

Our HistoryThe Prideview Group has been actively involved in the acquisition, management and sale of both commercial and residential properties throughout the U.K., since it was founded in 1985.

During these 30 years we have built up a great deal of expertise, a broad, unique network of contacts and a very strong reputation in the world of commercial auctions & private treatise, well-summarised by the Estate Gazette (UK commercial property’s leading magazine) in articles profiling The Prideview Group in 2008, 2014 and 2017.

The future growth of the group has been assured by an injection of youth into the business & the establishment of dedicated agency, disposals, lettings, management, finance & insurance divisions, meaning we can now provide all of the services required to acquire, maintain and eventually dispose of commercial property, and additional services for Non-Resident Landlords.

Acting on behalf of over 100 investment companies, UK-based and Overseas, as well as numerous private investors, traders, medical professionals, entrepreneurs, hoteliers and retailers, among many other professions, The Prideview Group has leveraged its scale to carve out its own niche within the worlds of property auctions and private treatise, as well as negotiate competitive finance, insurance and management deals.

Be it boom, recession or market stability, we have consistently met the objectives of our clients, thanks to the direction of The Board as well as our team of lawyers, accountants, financiers, surveyors, builders and insurers.

We regularly host Events for investors, medical professionals and property agents, as well as organising annual charity sports events too.

If you want to invest, or already own property, in London, South England or elsewhere in the UK, we have the expertise and influence to help you make the right calls.

Contact us for a free consultation.

Our Team

Jesal PatelAuctions, Developments (£1m - £5m, £5m+)

[email protected]

0203 113 2146

Nilesh Patel ACAAcquisitions (<£1m), Finance, Insurance

[email protected]

0203 113 2142

Dilip ShahAcquisitions, Auctions (£1m - £5m, £5m+)

[email protected]

0203 113 2143

Vishal PatelAcquisitions, Disposals (£1m - £5m, £5m+)

[email protected]

0203 113 2141

Priyen PatelManagement, Developments (<£1m, £1m - £5m)

[email protected]

0203 096 9491

Pritesh PatelAcquisitions, Auctions (<£1m, £1m - £5m)

[email protected]

0203 113 2144

Vishal NaglaManagement, Lettings, Rent Reviews / Renewals

[email protected]

0203 113 2149

Contact one of our team today to discuss your

property requirements


We specialise in Acquiring Blue-chip property Investments Nationwide

We acquire property let to Blue-Chip Tenants including:

Barclays, Bournemouth

Tesco Express, Southampton

Iceland, Paignton

Pizza Express, King’s Lynn

Santander, Luton

William Hill, Banbury

McColls, Wednesbury

HSBC, Gloucester

Papa John’s, Newport

Co-op Food, Buxton

McDonald’s, Leicester

McColls & Total Petrol Station, Pontefract

Lloyds Pharmacy, Hartlepool

Barclays, Driffield

Kwik Fit, Crewe

Pizza Hut, ManchesterMcColls,

Holyhead

Wilko, Barrow-in-Furness

KFC, Liverpool

Morrisons, Chelmsford

Sainsbury’s Local, Hounslow, London

Co-op Food, Fulham, London

Medical Centre, Archway, London Sainsbury’s Local,

Maidstone

JD Wetherspoon, Deal

Tesco Express, Frances Wharf, London


Auctions We monitor & attend all the top auctions, looking for deals that match our clients’ requirements

For buyers, we will perform due diligence, negotiate prior & bid in the room

For sellers, we will select the most suitable auction, negotiate the reserve price & market your property to our database

In short, we will minimise the risks & maximise the benefits of public auction

Our Services

Acquisitions & Disposals Experts in sourcing investment property suited to our clients’ requirements

Strong track record & reputation with the leading agents & auctioneers

Work with private investors, first-time buyers, overseas investors & propcos

Actively marketed & highly acclaimed website: www.propertyinvestmentlondon.com

Reasonable fees

Typical deal size ranges from £250k to £2.5m

Can assist with legal, accounting, valuation & tax related issues


Acquisitions

“Being a businessman with little time, partnering with the Prideview

team has been very lucrative for me. They have bought a number of

blue-chip deals for me in London & the South East, mainly convenience

stores, all with 10 years min. unexpired leases. Their reputation amongst

selling agents and ability to overcome any legal or other hurdles during

the acquisition process certainly justifies their fees, and we are currently

working on our next investment.”

D. Sheth, Food Importer & Distributor

Auctions

“The Allsop Auction team have had a close working relationship with the

Prideview team for over 25 years. We have sold many properties for and to

them and their clients over the years, and they are always at our auctions

– usually in the capacity of both buyers and sellers. They have an excellent

knowledge of the market and the workings of the auction process.”

Neil Mackilligin, Senior Partner, Allsop


Finance Established relationships with active & new lenders

Loans up to 75% of purchase price

Interest rates of approx. 3% over Bank Base rate

Part interest-only loans

Off-set accounts (i.e. even lower interest payments for accounts kept in credit)

Finance for auction purchases available

Insurance £350m worth of property currently under cover

Very competitive premiums

Cover provided by only the leading insurers

Claims handled & pay-outs given on legitimate claims

Efficient & timely renewals process

Management Approximately £50m worth of property under management

Rent collection, compliance, insurance, lettings, inspections etc

Our clients range from individual investors to large companies

Very reasonable management fees

Authorised to deal with Non-Resident Landlord’s tax affairs

Rent reviews, renewals & lease consultancy


Management

“Pride Management have been managing my convenience store

investment since 2010. I have had no headache at all with this property

and receive my rent on time each quarter, leaving me to focus on my

business. They also oversaw a successful rent review in 2013 and keep

me abreast of wider market developments. I would advise anyone

considering self-managing to use Pride Management instead, their

small charge is more than worth it!”

L. Serpant, Private Investor

Finance & Insurance

“I have acquired 1-2 investment properties a year in auction and

privately via Prideview in recent times. Being a busy pharmacist I don’t

have time to fully involve myself in acquisition process, but thanks to

Prideview’s efficient finance, insurance and legal teams, my loan has

always come through on time, the property has been correctly insured

and any minor legal issues have been resolved, leaving me to enjoy the

rent without hassle.”

R. Shah, Multiple Pharmacy Owner

InvestorsWe deal with a number of types of investor, and urge you to register your investment profile on our website,

attend one of our upcoming investment seminars and of course give us a call.

Private Investors

We understand the needs of the private investor

We specialise in the £250k to £2.5M segment of the market

Our expertise, network and reputation means we can source & do deals

that the typical private investor cannot

First-time buyers are welcome – we will guide you all the way & can

offer you Legal, Finance, Insurance & Management services too

We work with Portfolio & Professional investors too

Medical Professionals

E.g. Pharmacists, doctors, dentists & carehome operators etc.

Our medical clients are extremely busy people who need quality

investment opportunities with little management headache

We specialise in acquiring blue-chip investments on leases of at least 10

years – offering that peace of mind

We can also arrange tailored Finance packages for medical clients

Foreign Investors

We know exactly what kind of investments foreign buyers prefer –

secure & in London

Foreign buyers need an excellent agent to coordinate the whole

process, from sourcing the investment to managing and eventually

disposing of it

We are authorised to deal with Non-Resident Landlord’s Tax affairs, and

will pay your rents net of any tax due

We can also suggest a good Accountant and Solicitor to enable the deal

to be structured and executed efficiently

To register for our next seminar, please contact Nilesh on [email protected] or 0203 113 2142




Commercial Property Investments for

Private BuyersSuite 4, Fountain House, Church Road, Stanmore, Middlesex, HA7 4AL

T 0208 954 0878 E [email protected]

www.PropertyInvestmentLondon.com


Case Studies The below 3 examples demonstrate the breadth of assets we can acquire for private investors:

Freehold unbroken parade of 11 ground floor shops let for ca. £160k p.a.

Small units comprising independent tenants paying quarterly, monthly and even weekly

Very busy area next to train station with a high ethnic population and a very low vacancy rate

Bonus point: Having acquired this for our client in auction, we worked hard managing the 11 independent tenants’ rental and lease obligations. We also obtained planning to build another floor of flats before selling this recently to a private investor for a substantial profit

Asset Management / Development Opportunity: Mixed Parade, Burnt Oak, London

Virtual freehold, blue-chip, ground floor supermarket let for £62k p.a.

Attractive property in an upmarket location close to a university

Our contacts within Tesco enable us to more rapidly deal with rent reviews, accounting rebates, insurance collection & lease renewals

Bonus point: We sourced & negotiated this deal for the client, who also used our recommended solicitors to complete the transaction

Blue-Chip Investment: Tesco Express, Eastbourne, South East England

Freehold multi-let commercial investment in London let for ca. £80k p.a.

Fantastically located property in a busy London suburb

The Polish Supermarket was formerly a Gaming Arcade, who vacated around 2011.

Re-letting the property was not difficult and in recent years rents for all the tenants have successfully been review upwards

Bonus point: Strong tenant demand in London means better returns can be achieved with independent tenants without significant vacancy risk. This property has a Blue-Chip tenant in Boots and this tenant mix made it a great buy

London Investment: Boots Optician, Polish Supermarket & Snooker Hall, Greenford


Recent Transactions in London

Investments DevelopmentsKey to map:

North

Restaurant & Flat, EdgwareMedical Centre, Archway William Hill, Cricklewood Restaurant, Kilburn

SOLD

JD Wetherspoon, Finchley

SOLD

Travel Agent & Flats, Tottenham

SOLD

Stanmore Pullen, Stanmore

Block of 18 Flats, KilburnRestaurant & Flats, CheshuntPhotoshop, RuislipGarages, Stanmore

SOLD

Pizza Express, EppingRetail Shop & Flats, Epping

Vacant Shop, Finsbury ParkLadbrokes, Palmers Green

SOLD

Vacant Carehome, Stanmore

SOLD

Tesco Express, Edgware

Central

EAT, Westminster

Mixed Parade, Edgware Road

Restaurant, Borough

Co-op, Fulham

Café, Islington Pizza Express & Leyland, Notting Hill Gate

South

Ladbrokes, CroydonM Local, OvalVets for Pets, SidcupBritish Heart Foundation, Surbiton

Restaurant & Flats, Lavender Hill

Sainsbury’s Local, Colliers WoodRestaurant, Southwark

SOLD

Pub, Clapham

SOLD

Convenience Store & Flat, StreathamCo-op Food, WimbledonShop, WellingSainsbury’s Local, Bromley Concorde House, Croydon Ask Pizza, OrpingtonMorrisons, Croydon Sainsbury’s, Surbiton

Office & Restaurant, Watford

SOLD

Ryman, Epsom

SOLD

Fat Face & Flats, Epping Mixed Parade, Burnt Oak

SOLD

Tesco Express, Watford Crazy Horse, Stanmore

Enterprise Inns, City of London

SOLD

Motor Garage, St Johns Wood

SOLD

Enterprise Inns, Earls Court

SOLD

Bridal Shop, Clerkenwell

SOLD

Newsagent, Whitechapel

SOLD

West

Mixed Parade, Hampton HillCo-op Food, Chertsey Parade, Hounslow

Tesco Express, HackneyVacant Offices, Ruislip

SOLD

Restaurant, Wembley

SOLD

Sainsbury’s Local, Hounslow

Olde Northwood Pub, Northwood

Wenzel’s & Flat, Greenford

SOLD

One-Stop, ChertseyHair Salon, Putney Vacant Pub, Chertsey

SOLD

East

Original Factory Shop, Welling HBOS, Staines

SOLD

Tesco Express, Poplar

IN FIT-OUT

SOLD

Santander, East Ham Co-op Food, Canary Wharf

Tesco Express, Frances Wharf

SOLD

Iceland, Hornchurch Vacant Pub with Planning, Plumstead

SOLD

Tesco Express, Greenwich

SOLD

Dry Cleaner & Estate Agent, Pan Peninsula,

Canary WharfPapa Johns & Flats,

Romford

SOLD

Princess of Shoreditch, Shoreditch

SOLD


Recent press activityA selection of articles we have written and newspaper coverage of our seminars and charity events, from a variety of national, local and industry-specific publications.


39

LOT 92 (ALLSOP) PREZZO,I BUCKHURSTIHILL, GREATER LONDONI

DESCRIPTION: Freehold restaurant with ancillary upper parts TENANCY: Let to Prezzo Ltd for 30 years from 30/03/2015 for £65,000 p.a. FR&I (no breaks) with RPI-linked rent reviews LOCATION: Good retail location in an affluent London suburb OUR COMMENT: A very strong price, which in the current market is actually quite justifiable. A whole building, nice London location, huge 30 year lease and inflation-proof rent increases - what more could an investor want? Auctioneer George Walker analysed this sale at our Autumn Market Review and interestingly compared it to Lot 197 - Prezzo, Hertford which sold for £1.45M (3.7% gross) off a guide of £1M (5.4%). It’s also a whole building, but the location is slightly weaker - not London but still an affluent Hertfordshire town centre. The biggest difference was that this lot had only 5 years until lease expiry! So what seems to have motivated the frantic bidding was the medium term potential to take back the uppers for possible residential conversion.

AUCTION UPDATE

COMMERCIAL AUCTIONAfter a long summer investors

seemed as keen as ever to get their hands on some

stock, with Allsop enjoying its biggest sale since 2006 in October - £150m of commercial property at an average lot size of £687,500!

We were pleased to welcome the Allsop Auction team as guest speakers at our Autumn Market Review (our annual investors’ seminar) on 9th November in London, where these results were analysed in more detail for over 100 of our investors.

Interestingly for The Prideview Group, the October round of auctions was the first in some time where we did not acquire any properties for our clients - clearly a reflection of the strong bidding, but make of it what you will! There are a lot of new faces in the room these days, many of who come from residential backgrounds, having been stung by the recent residential tax changes.The below blue-chip investments are

representative of the pricing

for quality investments in the current market. Do get in touch if you

are looking to invest in auction

or privately before the year end!

WORDS: NILESH PATEL

With auction sales reaching their highest levels since 2006 here is the latest news and some essential advice from our expert

WINTER 2017 I ASIAN HOUSE & HOME

LOT 9 DOMINO’S PIZZA, EDENBRIDGEI

DESCRIPTION: Freehold take-away investment with ancillary on the upper floors with parking for 5 cars TENANCY: Let to Domino’s (DP Reatly Ltd) for 20 years from 25/11/2014 for £14,500 p.a. FR&I (break in 2025) LOCATION: High street location in an attractive Kent townOUR COMMENT: We assisted the seller in marketing this property, as it is the kind of lot that fits well with our private investors. Our summary of it pre-auction was simple: “For an investor. Nice small lot in an affluent town. Low yield is due to very low rent. Secure long-term investment.” The bidding and solid sale price justified that billing - at this lot size it’s rare to find a whole building with parking let to a blue-chip tenant at such a low and sustainable rent - and the low yield reflects that.

Update LOT 37 EUROPCAR, LIVERPOOLI

DESCRIPTION: Freehold whole building with parking TENANCY: Let to Europcar for 14 years for £34,000 p.a. FR&I LOCATION: Busy arterial roadside location 3 miles from the city centreOUR COMMENT We acted for the seller on this as we did with several other Europcar investments, which sold earlier in 2017, and it was guided in line with those sales. In the end the lot did not go to the room as an SIPP investor, who had started working on this property several months earlier when it was on our website, managed to get his pension trustees to exchange prior on this at a price agreeable with our client. Who said SIPP’s can’t buy in auction?!

GUIDE PRICE:

£1.3M +(5.0% GROSS)

RESULT:

£1.67M(3.9% GROSS)

GUIDE PRICE: £540,000+(6.3%)RESULT: £575,000(5.9% GROSS)

RESERVE BELOW: £280,000 (5.2% GROSS)RESULT: £300,000(4.8% GROSS)

Our expertIF YOU ARE LOOKING FOR A COMMERCIAL PROPERTY INVESTMENT IN 2017 VIA AUCTION OR PRIVATELY, DO CONTACT ME ON [email protected] OR 0203 113 2142. WE HAVE A NUMBER OF OFF-MARKET INVESTMENTS AVAILABLE NOW, AND WILL BE ACTIVELY BUYING AND SELLING IN THE UPCOMING MARCH AUCTIONS.

A recent edition of our regular Auction Analysis blog, published in the Asian House & Home Magazine in Dec ‘17


Best-in-class Property Marketing

Very few websites have more commercial property listings

Ca. 25,000 visitors last year

Available properties marketed to our database of > 10,000 investors & agents

Several thousand followers on Social Media. Follow us now!

Several Disposal packages available including marketing in tandem with the top auctioneers

Facebook “f ” Logo CMYK / .eps Facebook “f ” Logo CMYK / .eps


Charity Events

The Prideview Cricketers’ Cup is our annual charity 6-a-side cricket tournament, which takes place every July in north-west London and has raised over £50,000 to-date

The PVG 250 Football Challenge – If you have a 5-a-side team, we will take you on – the loser must make a £250 donation to the winner’s chosen charity & buy drinks!

Charity Golf – We’re always up for a 4-ball round, 2 vs 2, and happy to play for a charity donation TBC, alternatively if you have a golf day, do invite us along


T +44 (0) 208 954 0878W www.propertyinvestmentlondon.com

E [email protected]

Suite 4, Fountain House, Church Road, Stanmore, Middlesex, HA7 4AL

/prideview /prideview@prideview/prideviewgroup

The Prideview Group

The Prideview Group

COMMERCIAL PROPERTY CONSULTANTS

WWW.PROPERTYINVESTMENTLONDON.COM

Prideview Group

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The Prideview Group...business & the establishment of dedicated agency, disposals, lettings, management, finance & insurance divisions, meaning we can now provide all of the services