We own 14 office assets. Whilst some assets have single occupiers, on the whole our buildings are multi-let. By value, these are biased towards London and the South East but we also have multi-let buildings in Glasgow, Manchester and Bristol.
Key metrics as at 31 March 2020
| 2020 | 2019 |
---|
Value | £224.6 million | £235.5 million |
Internal Area | 807,800 sq ft | 856,000 sq ft |
Passing Rent | £12.9 million | £14.2 million |
Estimated Rental Value | £17.4 million | £18.1 million |
Occupancy | 88% | 88% |
Number of Assets | 14 | 15 |
Portfolio as at 31 March 2020
Property | Area (sq ft) | Freehold/ Leasehold |
---|
Colchester Business Park, The Crescent, Colchester, Essex | 150,700 | Leasehold |
30 & 50 Pembroke Court, Chatham | 86,300 | Leasehold |
Longcross Court, Newport Road, Cardiff | 72,100 | Freehold |
Metro, Salford Quays, Manchester | 71,000 | Freehold |
Tower Wharf, Cheese Lane, Bristol | 70,800 | Freehold |
Angel Gate, City Road, London | 64,500 | Freehold |
401 Grafton Gate East, Milton Keynes | 57,100 | Freehold |
180 West George Street, Glasgow | 52,100 | Freehold |
Queens House, St Vincent Place, Glasgow | 49,400 | Freehold |
Sentinel House, Harvest Crescent, Fleet | 33,500 | Freehold |
50 Farringdon Road, London | 31,000 | Leasehold |
Atlas House, Third Avenue, Marlow | 25,400 | Freehold |
Waterside House, Kirkstall Road, Leeds | 25,200 | Freehold |
Trident House, Victoria Street, St Albans | 19,000 | Freehold |
Largest occupiers as at 31 March 2020
Occupier | | % of total portfolio |
---|
 | Public Sector | 3.3 |
 | Portal Chatham LLP | 2.0 |
 | Canterbury Christ Church University | 1.7 |
 | Volker Wessels UK Limited | 1.5 |
 | Tech Mahindra Limited | 1.5 |