Site Acquired
Planning Obtained for 156 Apartments over 179,000 sq ft
Let to: Audley Group Ltd
Funded by Royal London

Site Acquired
Planning Obtained for 110,000 sq ft
Let to: HMRC
Funded by NFU Mutual/ Legal & General
Disposed of to Legal & General

Site Acquired
Planning Obtained for 210,000 sq ft
Funded by NFU Mutual
Disposed of to Tristan Capital

Site Acquired
Planning Obtained for 70,000 sq ft
Funded and Retained by Royal London

Site Acquired
Planning Obtained for 240,000 sq ft
Disposed of to NFU Mutual

Site Acquired
Planning Obtained for 55,000 sq ft
Let to: Tenants including Marks & Spencer Simply Food, Boots, Prezzo, Green King, Loungers and Caffe Nero
Funded by Salmon Harvester
Disposed of to Nottingham City Council

Site Acquired
Planning Obtained for 100,000 sq ft
Let to: PwC, Aracdis, Foot Anstey, Grant Thornton
Funded by NFU Mutual

Site Acquired
Planning Obtained for 150,000 sq ft
Let to: Tesco, Cineworld, Frankie & Benny’s and Nando’s
Funded by Salmon Harvester
Disposed of to Possfund

Site Acquired
Construction Completed
Let to: Gunnebo
Funded by Salmon Developments
Disposed of to Orion Holdings

Site Acquired
Planning Obtained for 120 residential units
Disposed of to Barratt Homes

Site Acquired
Planning Obtained for 21,000 sq ft
Let to: Bestseller, SK Energy and The Ability Group
Funded by and retained by NFU Mutual

Site Acquired
Planning Obtained
Construction Completed
Let to: IBIS Hotels
Funded by Salmon Harvester
Disposed of to Accor

Site Acquired
Planning Obtained
Construction Completed
Let to: Land Securities Trillium
Funded and Disposed of to Legal & General

Price: Lot size of £15m Office Building Size 53,000 sq ft

Site Acquired
Planning Obtained
Construction Completed
Let to: Starbucks
Funded by Aker
Disposed of to Aker

Site Acquired
Planning Obtained
Construction Completed
Let to: Travelodge Hotel and Little Waitrose
Funded and Disposed of to Scottish Widows Investment Partnership

Site Acquired
Planning Obtained 20,000 sq ft
Construction Completed
Let to: Co-Op Supermarket
Funded by Salmon Harvester
Disposed of to South Midlands Co-operative Society

Site Acquired
Funded by Salmon Harvester
Disposed of

Site Acquired
Planning Obtained 20,000 sq ft
Construction Completed
Let to: Furniture Village
Funded by Salmon Harvester
Disposed of

Site Acquired
Planning Obtained for 400,000 sq ft
Construction Completed
Funded by Salmon Harvester
Disposed of to a owner occupier

Site Acquired
Planning Obtained for 15 apartments
Disposed of to Octavia Estates

Site Acquired
Planning Obtained
Construction Completed
Let to: Travelodge and Sainsbury’s
Funded and Disposed to Aviva Investors Pensions Ltd

Site Acquired
Planning Obtained
Construction Completed
Disposed to Octavia Housing

Site Acquired
Planning Obtained fpr 24 houses and 26 Flats
Funded by Salmon Harvester
Disposed of

Site Acquired
Planning Obtained for 145,000 sq ft
Construction Completed
Let to: Cineworld, Gala Bingo
Funded by Salmon Harvester
Disposed of to NFU Mutual

Site Acquired
Planning Obtained for 42,000 sq ft
Construction Completed
Funded by Salmon Harvester

Site Acquired
Planning Obtained 200,000 sq ft and a sports stadium
Construction Completed of Retail Park
Let to: B&Q, McDonalds, KFC, Pizza Hut, Allied Carpets, Miller Brothers and Comet.
Funded and disposed of to Legal & General & NFU Mutual

Salmon acquired the freehold of an existing 1980’s office building from British Airways seven days after agreeing purchase terms for £2m. The building had formerly been the operational headquarters of Dan Air. It was in need of significant refurbishment expenditure.

Salmon pre-let the building to Virgin Atlantic Airlines on a 10 year lease at £350,000 per annum. The resultant investment was sold to the Associated Newspapers Pension Fund for nearly £4m. The refurbishment works had to be completed on a fast track basis and the entire building totalling 35,000 sq ft was stripped out and refitted from a shell condition by contractors, Faithdean, inside a period of 3 months just in time to meet Virgin Atlantic’s pressing need for new training and cabin crew facilities.

An adjacent 1 acre undeveloped site acquired at the same time was sold freehold to Virgin for use as additional car parking.

Salmon bedded down its first hotel project with the completion of a 120 bed 6-storey building for Premier Travel Inn in Borehamwood, Hertfordshire.

The £8m investment was sold to private investors.

The Royal Ballet School scheme is an example of City Centre mixed use development by Salmon comprising ground and basement retail which was let to Zara with Ballet school and residential use in the upper parts.

The £30m investment was retained by NFU Mutual.

A £20m 32,500 sq ft prime office building in Central Maidenhead, pre-let to Petroleum GEO Services and pre-sold to Standard Life.

Salmon’s retail/leisure scheme in Cheltenham comprises 200,000 sq ft and provided the Town with its first multiplex cinema with Cine UK’s 11-screen 2,000 seat complex. The £60m scheme is now fully open and over 80% let.

The residential aspect comprises 20 one and two bedroom apartments, forming part of this mixed use scheme, were built out and let on assured tenancies. NFU Mutual retained the scheme as long term investment.

Salmon acquired Victoria House from RMC Properties. It was a vacant 1980’s, 12,500 sq ft office building in Redhill Town Centre near to the railway station.

Salmon drew up proposals for and implemented a comprehensive refurbishment of the existing building to include the installation of air conditioning, new services and finishes throughout.

The refurbishment works were carried out speculatively, the building was let shortly after completion to Abbey National. The resultant investment was sold to Property Investment Holdings Limited for £3.5m.

A development of 5 terraced office buildings totaling 36,600 sq ft (net). The speculative development was completed on time and on budget.

Four of the five units were pre-sold whilst the sale of the final unit was completed 5 weeks after practical completion.

Salmon acquired the former Vickers Engineering Works at Whitchurch Street, Shrewsbury, as part of a portfolio of Vickers properties acquired at the time of Rolls Royce’s acquisition of Vickers.

The 8-acre site is located immediately adjacent to Shrewsbury’s Morrisons Foodstore.

The property was acquired with a short term lease to Vickers Engineering.

The investment was sold to a private Irish investor at a 6% yield. End value circa £6m.