Barometer a la Pete Tong

(Out of respect I felt I had to leave Ron up for a decent amount of time - at least until the funeral had passed - which it now has). And so....

Each quarter I receive an e mail from a property auctioneer. I must have subscribed ages ago in a fit of pre-bust property nosiness. Anyway - this latest list I thought was a rather interesting and sombre barometric reminder of what is going on out there.

Our February sale once again contains a range of commercial investment properties located throughout the UK, including :-
An unbroken modern City centre parade in Bradford part let to the local authority, Starbucks & J D Wetherspoon
8 Bank investments let to either HSBC Bank Plc, Nationwide, Barclays or Nationwide.
5 well let supermarket investments trading as Iceland
10 public house investments with surety from Punch Taverns
A well located Department Store Investment let to Debenhams in Kings Lynn
A restaurant investment let to Café Rouge in Ruislip Other investments let to Superdrug, Co-op, Clinton Cards, William Hill and BSM

Evidently it's all going a bit 'Pete Tong'....

Personally I would rather buy the Withnail cottage (if I had any spare cash - which I don't!):

A snip apparently at £145,000 GBP. More details here.

Still depressed? Listen to my podcasts - bound to cheer you up (no I haven't done a new one yet but am working on it!)

Ta ta. xx