Portfolio

The Group's portfolio consists of the following:

Coleherne Road, Chelsea, London (SW10)

The freehold property at 25 Coleherne Road contains ten studio flats ranging in size from 237 sq. ft. to 419 sq. ft. The total gross internal floor area of the property is estimated at 3,976 sq. ft. The property is located to the south of the Old Brompton Road, between Finborough Road and Redcliffe Gardens. It is a short distance away from Earl's Court underground station and West Brompton station. Coleherne road is let on assured shorthold tenancies.

Osprey Portfolio

Of the seven freehold properties in the portfolio, five were developed for over 55s:

  • Heathside, London NW11 consists of 30 one and two bedroom apartments occupied by long-term leaseholders and 7 freehold apartments. This property generates rental income, ground rents and sales commissions and the potential for lease extension premiums.
  • Osprey Court, London NW3 consists of 23 two-bedroom apartments occupied by leaseholders and one freehold apartment currently occupied by a resident manager. This property generates ground rents, service charge management fee income, sales commissions and the potential for lease extension premiums.
  • Challoner Court, Shortlands comprises 31 one and two-bedroom apartments occupied by leaseholders and one freehold apartment currently occupied by a resident manager. This property generates ground rents, service charge management fee income, sales commissions and the potential for lease extension premiums.
  • Chymedden, Newquay consists of 30 one and two bedroom apartments let on long leases and one freehold apartment occupied by a resident manager. This property generates ground rents and the potential for sales commissions.
  • Town Mill, Marlborough consists of 30 two-bedroom cottages that the residents own freehold. There is a communal building with a guest suite, residents' lounge and accommodation for the resident manager that is owned freehold. This property generates service charge management fee income and sales commissions.

Two were developed without an occupier age target.

  • Manor House Court, Old Isleworth. A development consisting of 13 houses let on long leases and 32 apartments. This property generates ground rents and the potential for lease extension premiums.
  • Millside Place, Old Isleworth. A development consisting of 28 houses owned freehold by the residents and freehold land partly used for three apartments occupied by leaseholders. The remaining freehold land is leased to the residents to provide common areas used by all occupants to access their properties and car parking. This property generates ground rents and the potential for lease extension premiums.

272, 282 & 284 Ladbroke Grove and Flat 9, Lomond Court

16 studio, one, two and three bedroom apartments in Ladbroke Grove, Kensington and one leasehold two-bedroom apartment in Harrow. Total square footage is 7,589.

Block, B, Chapel Riverside, Southampton

Block B is a new-build apartment block consisting of 27 two-bedroom apartments and 28 dedicated car parking spaces. It forms part of Inland Home's major Chapel Riverside redevelopment project in Southampton, Hampshire, being undertaken by them in partnership with Southampton City Council. It is located on the waterfront in a prominent location on the west bank of the River Itchen, within walking distance of Ocean Village and the city centre. Block B is being developed by Inland's construction arm, Inland Partnerships, and is scheduled for completion and hand over to KCR in August 2018. Total square footage is 19,266.

Inland Commercial Ltd

Inland Commercial Ltd owns two new-build supermarket properties, one freehold and one long leasehold, that support major residential developments in the South East. The supermarkets are let on 15-year leases to Co-op (from August 2016) and Sainsbury's (from April 2017) and are located in Leighton Buzzard and West Drayton respectively. The rents are index linked to the RPI and the leases are on effective full repairing and insuring terms.