Goldenberg Real Estate is an award winning specialist property Investment and Development brokerage and estate agency in London UK. Established in 1972 it is now led by Bradley Goldenberg who with 25 years experience in the property industry offers in depth knowledge of the property market and an enviable global contact network.
Goldenberg Real Estate represents a select Client base of UK Institutional Investors, UK Property Companies and Private Investors as well as major Middle East and Far East Investors, Sovereign Wealth Funds and Family Offices. The majority of transactions are sourced within the UK, although being deal led the firm has handled transactions in both Europe and the USA, with many successful property transactions being sourced privately and away from the knowledge of the open market.
Transactions vary from those with minimal risk through to full scale developments and our advice is based upon keen knowledge, expertise, in depth understanding with a ‘hands on service’ for your project. We buy and sell for clients across all property sectors, not only in the areas of Retail, Industrial, Office, and Residential, but also in the Hotel, Leisure, Healthcare, Data Centre, Automotive, Roadside, and Student Accommodation sectors of the capital market.
Our determination, tenacity, drive and ambition in delivering optimum results for our Client knows no bounds and is highly respected within the property industry.
We welcome the opportunity of bringing you a property investment or development opportunity, or to advise on how to optimise on the sale or development of one of your own property assets.
£444,500,000
141 freehold buildings, each leased to the Department of Work and Pensions.
£6,000,000
East London Last Mile Logistics Investment, acquired on behalf of a UK Listed REIT and subsequently let on their behalf.
£25,000,000
Prime Mayfair building, acquired on behalf of an overseas Client.
£7,750,000
Prime Mayfair building, acquired on behalf of an overseas Client.
£83,000,000
Five neighbouring Grade A office buildings of 261,000 sq ft, let with 13 years unexpired to the National Air Traffic Control Service and acquired on behalf of a UK Pension Fund.
£18,540,000
A prestigious London art gallery investment with newly refurbished offices above, acquired on behalf of an overseas private Client.
£58,500,000
A prime, freehold office building of 42,000 sq ft let on a long term lease to WeWork, acquired on behalf of an overseas Client.
£56,550,000
Prestigious multi-let, retail, office and residential investment in one of London's premier landmark locations opposite the The Ritz Hotel Piccadilly. Purchased off market for our internationally based client's investment portfolio.
£105,000,000
Prime Nash designed entire terrace acquired on behalf of clients for redevelopment into superior luxury apartments.
£84,000,000
Prestigious prime Mayfair office and residential building acquired for a clients investment portfolio.
£64,000,000
Prime freehold West End off market retail investment acquired for clients investment portfolio.
£17,550,000
Prime newly refurbished Mayfair freehold building acquired with vacant possession and subsequently fully let.
£120,000,000
Acquired for clients on lease from The City of Westminster. Redevelopment under way for 110 room hotel pre-let to Whitbread, 13 retail shops & 14 apartments. The commercial element has been pre-sold.
£56,650,000
Site acquisition on behalf of clients for the construction of a new a luxury 151 room boutique hotel.
£16,550,000
An important distribution centre investment of 374,000 sq ft let to Wincanton Group Ltd producing £1,628,053 per annum. An acquisition from Aviva Norwich Property Trust.
£10,300,000
Blue Chip freehold retail investment let to Sainsbury's PLC asset acquired on behalf of clients.
£6,000,000
Prime City Centre freehold restaurant investment acquired for clients at £3.8m and subsequently sold in an improved capital market.
£9,000,000
Well located freehold industrial logistics hub acquired on behalf of clients.
£10,600,000
Forward funding purchase for the development of a freehold Travelodge Hotel on behalf of an Institutional Pension Fund client.
£3,000,000
Prime freehold mixed use retail and residential investment acquired on tail end lease for £3,000,000 and revalued at £5,000.000 upon subsequent lease renewal.
£2,000,000
A prime 'Square Mile’ office building purchased for £2m. Goldenberg Real Estate asset managed the refurbishment and lettings vastly increasing value to £5.6m.
£30,000,000
Prime freehold international hotel investment acquired for clients.
Grade A new build, HQ office investment
Let to Ascentis, a highly regarded educational charity
Let with 12 years unexpired
EPC A
Attractive lot size of £3,500,000
NIY 7%
Prime Soho Location v E Class building
Approx 1,226 sq ft
Freehold
Full VP available in January
ERV £96,600 pax
Offers in excess of £1,750,000 for the benefit of the Freehold interest.
A purchase at this level reflects a capital value per square foot of just £1,427. On the basis of ERV stated herein the Reversionary Yield would be a very attractive 5.1%, after allowing 6.8% purchase costs.
Stunning super prime freehold St James’s building steeped in British fashion history having been built by Burberry as their headquarters for almost 100 years
Gross internal area is 31,384 sq ft (NIA 25,800 sq ft)
Arranged over basement, ground and 3 upper floors.
Let entirely to globally known premium fashion retailer Dover Street Market International (DMSI) Ltd with surety from Comme Des Garçons International SAS
Passing rent of £2,570,612 p.a.
Let until 2034, subject to a tenant break clause in 2029.
Landlord friendly rent reviews, based on the higher of A1/A2/A3 for the ground, basement and 1st floors and high quality offices with separate entrance for the 2nd and 3rd floors, thus allowing scope for a significant increase at review.
Offers in excess of £65,000,000 which would represent an net initial yield of c.3.9% and
a reversionary yield, post 2024 rent review, of 6% (assuming 1.8% costs for an SPV purchase). This represents a capital value per square foot of £2,031 based upon the Gross Internal Area.
Super Prime Mayfair Location
Highly attractive 18th Century building of 7,940 sq ft (737.6 sq m)
Freehold
Commercial income of £240,500 from the ground floor and basement
5 floors of residential accommodation currently arranged as 3 separate apartments. Two of these are duplexes and all apartments are available with vacant possession.
Price on application
Rare opportunity to purchase an attractive Soho Freehold Building.
2,271sq ft (211 sq m) GIA.
Available with full vacant possession.
Ground and Basement benefit from E Class use.
Three upper floors comprise a 6 room HMO with bathroom and kitchen facilities.
Opportunities to enhance value by refurbishing the HMO and adding a further floor, subject to any required consents.
Suitable for an investor or developer.
Offers in excess of £2,650,000 which reflects a capital value per square foot of just £1,166.
Based upon our rental assumptions a purchase at his level would show a highly attractive Net Initial Yield of 6.1% after usual purchase costs.
Rare opportunity to purchase an attractive Soho Freehold Building
1,581 sq ft GIA
Available with full vacant possession
E Class, thus allowing for offices, retail, cafe, restaurant, medical, health etc
Opportunities to enhance value include scope to add an additional floor or convert to residential, subject to any required consents
Suitable for an investor, developer or owner occupier
Offers in excess of £1,650,000, which reflects a capital value per square foot of just £1,044
BRIEF SUMMARY
This freehold hotel development opportunity forms part of an extensive regeneration of Deptford centre and the area around Deptford mainline station. It represents a rare opportunity to acquire a site for hotel development within a key London location only minutes from London Bridge station.
When completed the hotel will overlook the new cobbled piazza of Deptford Market Yard, a central attraction surrounded by under arch, artisan retail outlets and two restaurants, the whole providing an attractive centre to Deptford.
Planning Consent granted permits demolition of the existing property and construction of a new six storey building with basement to provide a 70 room hotel.
Offices or Educational: 17,134 square feet (1,592 sq m)approximately net lettable
Residential or Hotel: 24,121 square feet (2,241 sq m) approximately gross internal
Single let modern warehouse and office building
28,318 sq ft (2630.83 sq m)
Let on a lease of 15 years from May 2007 at a passing rent of £252,260 pax
Let to Xylem Water Solutions Ltd, with a guarantee from Xylem Holdings SARL
Xylem Water Solutions have occupied the site since 1986, it was subsequently redeveloped for them in 2007
Offers in excess of £2,875,000 which reflects a net initial yield of 8.25%, after the deduction of purchase costs of 6.44%
Bradley Goldenberg
+44 (0)20 7491 4101
bmg@goldenberg.co.uk
INVESTMENT SUMMARY
The property comprises a 30,000 sq ft retail warehouse with 63 customer car parking spaces
Let to Poundstretcher Limited on a full repairing and insuring lease for a term of 10 years from 12th November 2015
The property has been fully refurbished
Class A1 planning permission (widened bulky goods)
Freehold
Rent £250,000 p.a.
Offers are sought in excess of £2,625,000 subject to contract exclusive of VAT.
A purchase at this level would reflect a net initial yield of approximately 8.95%, assuming purchasing costs of 6.5%
