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For Sale£4,500,000.00
Land for sale

Suitable for mixed uses or possible residential development

Site approx. 17,650 sq.m. with potential 7 metres right of way of access through Mayflower High School ground (subject to planning permission and Secretary of State consent).

Terms, unconditional offers or conditional offers with or without overage are invited by 19th February 2019.

Viewing strictly by appointment only.

Offers must exceed £4.5m.

Indicative boundaries shown for guidance purposes
For Sale£5,000,000.00
A unique coastal opportunity to acquire a 382.78 acre site providing a combination of rental income and existing leisure based business which includes three holiday letting properties, a site for seasonal touring caravans, a campsite, caravan storage, farm land and a beach situated adjacent to the prestigious resort of Abersoch.

SUMMARY
■ A coastal estate extending to 382.78 acres (154.91 ha)
■ The property provides a substantial detached former farmhouse divided into three holiday letting properties, each with five en suite bedrooms
■ The property provides a caravan storage area with five barns suitable for approximately 250 touring caravans and boats
■ The property benefits from stone barns with existing implemented planning permission for development into 3 or more holiday cottages to enhance the leisure offering
■ The property provides a caravan site with capacity for 30 seasonal touring caravans
■ The property provides a camping field and children's play area
■ The property provides owner's private three bedroom residence which could offer further residential letting accommodation/income
■ The property comprises of a landholding extending to approx. 274.17 acres (110.96 ha) and 95.20 acres (38.53 ha) of headland
■ The property has a coastal frontage of 2 miles and benefits from a beach with a significant frontage
■ The property offers a one off opportunity to acquire an outstanding unbroken land ownership with significant potential for further enhancement of the leisure facilities and alternative uses (subject to any statutory consents) located on the edge of the extremely popular resort of Abersoch.

THE BUSINESS
The leisure and agricultural businesses, currently run from the property, are family run and the property has been owned by the same family since the 1980s and managed from their base in Shropshire.
The property is only reluctantly offered for sale due to the family wanting to focus on other business opportunities within their other core businesses. The leisure business operating from the property comprises a touring caravan park, which generates income from seasonal pitch fees as well as weekly or nightly tariffs, camping field income, caravan and boat storage income and holiday cottage income. The farming business generates income from the annual rent paid currently by the tenant farmer.

A. HOLIDAY LETTING ACCOMMODATION OFFERED BY THE FORMER FARMHOUSE
The property provides the following accommodation:
Cim is a substantial 2 storey farmhouse, which has been divided into 3 dwellings namely Cim, Cim Bach and Cim Canol. It is constructed of stone with painted rendered elevations under a slate roof. All 3 dwellings offer generously sized family accommodation with many rooms overlooking the sea to the north east.
The kitchens, apart from Cim Bach, incorporate dining areas. Each dwelling is completely self-contained with the added advantage of the property as a whole offering a flexible configuration that allows all three properties to be combined to create one large property for parties of up to either 20 or 30 guests, which enhances the leisure potential of the property.
All 3 dwellings have independent central heating systems, double glazing throughout and benefit from a direct garden/barbeque area accessed via sliding doors. The garden is a large grassed area suitable for a children's play area to the front of the properties.

B. CARAVAN PARK
The caravan park is located within the left hand section of the site as you approach the property. The land comprising of the caravan park gently slopes from south to north and has outstanding sea views. Low level street lighting is provided to the caravan park and there are electric hook-ups (16 amp) and hard-core bases to the seasonal touring pitches. In addition, there is also an underground bulk LPG tank near the centre of the caravan park which supplies the toilet block.

C. CAMPING FIELDS
The camping field and the children's play area, are located to the right hand side of the driveway as you approach the property.

The land is of generally level topography with the boundary of the camping field defined by wooden fencing and earth bund. There are 41 electric hook-up points (16 amps supplies) in total, albeit further camping accommodation can be provided within in the general camping field.

D. CARAVAN/BOAT STORAGE
The caravan storage area is located to the rear of the farm buildings in a bunded screened area with access via hard core farm track through the farmland. There are numerous barns of varying constructional types providing additional covered storage.

The majority of the caravans and boats storage is provided within two large outdoor hard-cored compound areas. The areas are secured with gated access and earth bounding/fencing to the boundaries of the storage areas.
A workshop is located in a courtyard within this area.

E. BARNS
Within the ownership of the property are a range of stone barns which benefit from an extant implemented planning consent for their conversion into holiday lettings accommodation. These offer the opportunity to enhance further the fantastic 'leisure' offer from the subject property.

The conversion of these barns offers the opportunity to increase the leisure income return from the property.

FARM LAND
The rest of the land included within the property ownership comprises of farmland which extends down to the fantastic beach and coastal headland included in the property ownership. The land is subject to an FBT at a rent of £40,000 per annum. The spectacular 2 miles of sea frontage can only be appreciated by undertaking an inspection of the property.


CURRENT RATEABLE VALUE
The Current Rateable value of the property is £16,500, giving rise to rates payable of £6,755.98 for the year ending 2019.
(Interested parties are advised to make their own enquiries.)


PLANNING
The property is located in the local authority of Gwynedd Council and is located in an area of outstanding natural beauty. The property currently benefits from an implemented planning consent reference no. C04D/0621/39/LL for the conversion of the stone barn into further holiday letting accommodation. This offers significant potential to enhance the letting offer and income from the property. Further details are available from the selling agents upon request.

For SalePOA
New
The property comprises a cleared, secure site with existing hardstanding and is accessible from both Alfred Road and Wheatland Lane. Offers an exciting opportunity for either residential or commercial development given its close proximity to amenities

- Development opportunity
- Site area 0.9 acre (0.36 hectare)
- Suitable for a variety of uses (subject to planning)
- Freehold
- Offers invited - Deadline 22 March 2019
For Sale: Development opportunity, Wallasey
Type: Residential, Land, Commercial Land
Location: Alfred Road, Wallasey, CH44 7HY
Images: 5
Brochures: 1
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For SalePOA
New
The property comprises a "kite shaped" plot of land which forms the site of the former Dell Primary School, in a popular residential area with good transport links to Chester, Liverpool and Manchester. The site has been cleared and is secure and offers exciting opportunity for residential development.

- Development opportunity
- Site area 2.97 acres (1.2 hectares)
- Suitable for residential use (subject to planning)
- Freehold
- Offers invited - Deadline 22 March 2019
For Sale : Development opportunity, Birkenhead
Type: Residential, Land, Commercial Land
Location: The Dell, Birkenhead, CH42 1PU
Size: 2.97 Acres
Images: 6
Brochures: 1
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For Sale£900,000.00
This approx. 0.2 acre rectangular site is in a quiet no-through road off St John's Road, but still close to the center of Tunbridge Wells. The freehold is being sold with vacant possession and is marketed with a guide of £900,000, subject to contract. Proof of finance will be required.

Planning consent, under reference: – 18/00646/FULL, has been granted for the construction of 3 no. 3 bedroom houses of approximately 5,468 sq ft, in total, with on-site parking. Full details available via the link below:

https://twbcpa.midkent.gov.uk/online-applications/applicationDetails.do?keyVal=P4K8F4TYHGR00&activeTab=summary

A planning appeal has been lodged on a planning refusal for 4 no. 3 bedroom houses – planning reference: – 17/02547/FULL.
Details of this application is available via the link below:

https://twbcpa.midkent.gov.uk/online-applications/applicationDetails.do?keyVal=OTUFI5TYKWE00&activeTab=summary

An overage payment of £200,000 will be due should the appeal for an additional unit be successful.

Culverden Square, Tunbridge Wells, TN4 9NS
Type: Residential Land, Land, Residential, Commercial Land
Location: Culverden Square, Tunbridge Wells, TN4 9NS
Images: 1
Brochures: 1
View Property
For Sale£475,000.00
LOCATION

Located along the busy Bromley Road on the border of Colchester and Tendring is The Beehive Pub House and Restaurant conveniently located 1.3 miles East of Parsons Heath and 4 Miles East of Colchester Town Centre. Colchester North Station is 3.3 miles distance, with main line direct links to London Liverpool Street (journey a time approximately 50 minutes).

DESCRIPTION

Originally built as a terrace of three Cottages in the 19th Century, The Beehive is now a traditional Freehold Public House and Restaurant. The premises are constructed of timber frame with part brick walls and rendered elevations, over two-storey under a pitched tiled roof, with single-storey extensions.

The property comprises an open plan bar/restaurant to the front, with male and female customers WCs. A large single-storey extension to ground floor provides chilled cellar storage with access to and from the rear car park. The kitchen is also located to the rear of the property, accessible through the bar and hallway, which in-turn provides access to the north east facing beer garden and staircase to first floor residential living accommodation.

At first floor level, there is a residential flat with accommodation to include two double bedrooms, an L-shaped living/lounge area, kitchen/breakfast room, separate bathroom and WC and under eaves storage benefitting from gas central heating via radiators and UPVC double glazed windows

Externally to the rear of the property are three outbuildings. 1) Single brick-built garage, beneath a pitched tile roof. 2) A single garage constructed of corrugated asbestos with asphalt pitched roof and 3) The Old Washroom constructed of single skin brick walls beneath a pitched tile roof.

The property benefits from off-road parking to the front, a further secure car park for up to 20 vehicles, and a beer garden to the east, with views over farmland.

Double glazed windows have been installed throughout, with central gas heating, mains electric and water and private drainage via a sceptic tank.

SITE AREA

The total site area extends to 0.46 aces.
The maximum width of the site on to Bromley Road is approximately 60m and depth of approximately 25m.

COUNCIL TAX

The first-floor residential flat is assessed band A for Council Tax.

BUSINESS RATES

We understand that the Beehive Public House has a ratable value of £4,750.

Due to the property having a ratable value of less than £12,000 we understand 100% business rates will be achieved. We would advise interested parties to make direct enquiries with Colchester Borough Council Rates Department on 01206 282222.


TERMS
The property is offered Freehold For Sale with Vacant possession upon completion of the legal formalities and guide price of £475,000 subject to contract are invited. We understand the property is NOT elected for VAT.

VIEWING
Strictly by confirmed appointment with the sole selling Agents Nicholas Percival Chartered Surveyors for the attention of Thomas Noble or Billy Coe on 01206 563222 or e-mail billy@nicholaspercival.co.uk C 5227
FREEHOLD FOR SALE - The Beehive Public House
Type: Residential, Residential Land, Pubs/Bars/Clubs, Land, Licensed & Leisure, Commercial Land
Location: 113 Beehive Public House, Bromley Road, Colchester, CO4 3JG
Images: 2
Brochures: 1
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For SalePOA
OR
For RentROA
* Public house/restaurant facility extending to some 0.3 acres with parking.
* Potential building size of 6,458 sq ft (600 sq m)

( Agency Pilot Software Ref: 16162 )
Public House/Restaurant Site Westvale Park, Horley
Type: Land, Commercial Land
Location: Public House/Restaurant Site Westvale Park, , Horley
Images: 2
Brochures: 1
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For Sale£150,000.00
* A site of approx. 0.45 ha has been retained in the neighbourhood centre for a faith/community facility.
* Site has benefit of Outline Planning Consent


( Agency Pilot Software Ref: 16160 )
Faith/Community Site Westvale Park, Horley
Type: Land, Commercial Land
Location: Faith/Community Site Westvale Park, , Horley
Images: 2
Brochures: 1
View Property
For Sale£750,000.00
Pen Y Coed Mansion is a three storey detached Grade II listed mansion house with grounds and basement, that we understand was built originally in the cir. 19th Century and was subsequently remodelled in the 1920's.
( Agency Pilot Software Ref: 2042627 )
Pen-Y-Coed Mansion, Ffynnongain Lane, Carmarthen, SA33 4JR
Type: Residential, Land, Commercial Land
Location: Pen-Y-Coed Mansion, Ffynnongain Lane, St Clears, Carmarthen, SA33 4JR
Size: 7 Acres
Images: 5
View Property
For Sale£199,950.00
The land comprises:
- Excellent residential, two bedroom apartment,
development opportunity
- Planning permission for the erection of 12 no. two
bedroom residential apartments
- Land measures approx. 0.22 acres
- Convenient location for amenities and access
- Planning ref: 17/0439 via Blackpool council
planning portal
- To view all plans and associated documents
- Viewings of the land is available without
appointment
- All enquires to our office on 01253 316919 Option 1
- Or email adam@duxburyscommercial.co.uk
- Located next to Chelsea Mews, an established
apartment block
- Opposite established residential areas
( Agency Pilot Software Ref: 5848 )
LAND FOR RESIDENTIAL DEVELOPMENT, 50 BISPHAM ROAD, BLACKPOOL, FY2 0SX
Type: Land, Commercial Land
Location: LAND FOR RESIDENTIAL DEVELOPMENT, 50 BISPHAM ROAD, BLACKPOOL, FY2 0SX
Images: 5
Brochures: 1
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For Sale£100,000.00
Two attractive building plots on edge of village
Site area 1,042 sq m (0.25 acres)
Views over open countryside to the south east and east
Outline planning permission granted
( Agency Pilot Software Ref: 832 )
Two Building Plots, Thorn Lane, BARROW-UPON-HUMBER, DN19 7LY
Type: Land, Commercial Land
Location: Two Building Plots, Thorn Lane, Goxhill, BARROW-UPON-HUMBER, DN19 7LY
Images: 5
Brochures: 1
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For Sale£275,000.00
A freehold building plot, subject to a planning application for a detached 4 bedroomed house, located in the village of Etchingham, midway between Tunbridge Wells and Hastings, and just off the A21. The village has a main line station with a direct service to London.

The plot is situated virtually on the corner of Church Lane and High Street, and is a short walk to the station.
The plot measures 0.14 acres (553 sq m / 5952 sq ft).
The planning application reference is RR/2018/1770/P, link below:
http://planweb01.rother.gov.uk/OcellaWeb/planningDetails?reference=RR/2018/1770/P&from=planningSearch
The freehold is being sold with vacant possession.
High Street, Etchingham, TN19 7AH
Type: Land, Commercial Land
Location: High Street, Etchingham, TN19 7AH
Images: 4
Brochures: 1
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For Sale£1,200,000.00
Summary
Prominent town centre retailing pitch

Let to Sainsbury’s

Highly Secure Income – Pre-Tax Profits £409m

£1,200,000, subject to contract

6.7% net initial yield


Location
Poole is situated on the South Coast of England within the county of Dorset. The town is located approximately 177 km (110 miles) south-west of London, 59 km (37 miles) south-west of Southampton and 9 km (6 miles) west of Bournemouth. Sandbanks, which has some of the highest land values in the world, is approximately 8 km (5 miles) to the south-east.

The town benefits from good road communications and is served by the A350 and the A31 which connects with the M27 Motorway approximately 43 km (27 miles) to the north-east. To the east, the A338 leads to Lymington and the New Forest. The town is connected to the national railway network with a fastest journey time to London Waterloo of approximately 2 hours. Bournemouth Airport is approximately 18 km (11 miles) to the north-east.

Poole is a hugely successful tourism destination, known for its large natural harbour, Poole Harbour, which is the second largest in the world behind Sydney. Poole’s natural coastal setting provides three miles of award winning blue flag beaches with some of the best water sport facilities to be found on the south coast.

Situation
Poole town centre stretches from the water’s edge at Poole Quay up to the Dolphin Shopping Centre. The subject property occupies a prominent corner position in the town centre, on the south side of High Street at the junction with Old Orchard. Surrounding occupiers include Pizza Express, Lush, Slug & Lettuce, Ladbrokes, along with numerous independent and boutique cafes, restaurants and shops.

Pool Quay and Poole Harbour are immediately to the south of the subject property, making the area extremely popular with visitors to Poole. The Dolphin Shopping Centre is less than 0.8 km (0.5 miles) to the north. Totalling approximately 40,000 sq m (430,000 sq ft) this is Dorset’s largest indoor shopping centre with over 140 stores and 1,400 parking spaces. Around 11 million shoppers visit the centres a year, attracted by stores including Marks & Spencer, Primark, Next, River Island, Boots and H&M.

The Strand Street multi-storey car park is immediately to the rear of the subject property and is open 24 hours a day providing 550 spaces.

Description
The property comprises a highly prominent ground floor corner retail unit with significant frontage to High Street and Old Orchard.

Internally, the unit provides a modern convenience store which has been fitted out to a high standard in the tenant’s corporate style.

The upper parts comprise 115 luxury apartments which do not form part of the sale.

Accommodation
The property has been measured by BKR Floor Plans and provides the following Gross Internal Areas;

Ground Floor 411.73 sq m 4,432 sq ft
Floor plans are available to download and the measured survey report is available for assignment to a purchaser.

Tenure
Long leasehold for a term of 125 years from 15th September 2009, expiring 31st December 2133 (115.5 years unexpired) at a peppercorn rent.

Tenancy
The property is entirely let to Sainsbury’s Supermarkets Limited on a full repairing and insuring lease for a term of 15 years from 7th October 2008, expiring 6th October 2023.

The current passing rent is £84,747 per annum which was agreed at the 7th October 2018 rent review.

Covenant
Sainsbury’s is Britain’s second largest supermarket group with over 185,000 employees and over 2,000 stores. In April 2018 it was announced that Sainsbury’s had agreed terms to merge with Walmart-owned Asda. If approved by the Competition and Markets Authority, this will create the biggest food retailer in the UK. For further information please visit www.sainsburys.co.uk.

Vat
The property has been registered for VAT. It is anticipated that the sale will be treated as a Transfer of a Going Concern (TOGC).

Proposal
Our client is seeking offers of £1,200,000 (One Million, Two Hundred Thousand Pounds), subject to contract. This reflects a net initial yield of 6.7% assuming purchasers’ costs of 5.93%.

Investment Considerations
An opportunity to acquire a modern convenience store investment in a prominent town centre location;

The investment is let to the AAA covenant of Sainsbury’s Supermarkets Limited;

In excess of 4.75 years unexpired lease term;

Attractive lot size to an investor;

A purchase at the asking price reflects an attractive net initial yield.
Sainsbury’s Foodstore Investment
Type: Land, Retail, Commercial Land
Location: Orchard Plaza, 39 High Street, BH15 1EG
Size: 411.73 Sq M
Images: 27
Brochures: 1
View Property
For Sale£300,000.00
Workshop, offices, forecourt and parking on 0.44 acres of land
Land For Sale
Type: Offices, Land, Commercial Land
Location: Warmsworth Road, DN4 0RR
Size: 1138 Sq Ft
Images: 1
Brochures: 1
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For SalePOA
London roadside investment

Highly prominent location on the North Circular Road

Secure income – let to Kwik Fit

Pre-Tax Profits £54m, Shareholders’ Funds £126m

Approximately 12.75 years unexpired lease term

Residential element let for a further 85 years at ground rents

Large site offering potential future redevelopment opportunity, subject to planning

£1,395,000, subject to contract, for the SPV (Company)

5.0% net initial yield

Income set to increase following letting of advertising hoarding

Location
Walthamstow is situated within the London Borough of Waltham Forest in east London. It is an area which is currently undergoing significant regeneration and improvement.

Walthamstow is located approximately 11 km (7 miles) north-east of the City of London, 15 km (9 miles) north-east of the West End, 4.8 km (3 miles) north of Stratford and 6.4 km (4 miles) north-east of Stoke Newington.

Walthamstow benefits from good road communications, being adjacent to the North Circular Road (A406). The M11 Motorway is 4 km (2.5 miles) to the east and the M25 Motorway is approximately 11 km (7 miles) to the north. The A12 is approximately 3.2 km (2 miles) to the south.

The area is well served by public transport. Walthamstow Central station provides both Underground (Victoria Line) and Overground services with an approximate journey time to London Kings Cross of 15 minutes and London Liverpool Street of 20 minutes. Other railway stations include Queens Road (London Overground), Blackhorse Road (Victoria Line, London Overground) and St James Street (London Overground) Numerous bus routes provide access to London and for air travel, London City Airport is situated approximately 16 km (10 miles) to the south-east.

Waltham Forest has been awarded the London Borough of Culture 2019 by the Mayor of London. It is growing faster than any other borough in London. This is partly due to the significant effect of investment in Olympic legacy projects and to overall move eastwards of London’s economy.

Plans to redevelop the Mall shopping centre were approved in December. The new scheme will bring £200 million of investment, provide 8,000 square metres of new retail space. 350 new permanent retail jobs, 500 new homes, a new children’s play area and re-landscaped town square. As part of the agreement to redevelop the Mall, Transport for London has also agreed to spend £15 million to improve Walthamstow Central Station (Source: London Borough of Waltham Forest).

Walthamstow Wetlands is a publicly funded regeneration project just west of the centre of Walthamstow. The scheme reinvented a string of Victorian reservoirs into Europe’s largest urban wetland nature reserve with 13 miles of footpaths and cycle tracks. Costing £10.6 million, the 500-acre site opened in October 2017.

Situation
The subject property occupies an extremely prominent position fronting the busy B179 (Billet Road), abutting the Crooked Billet Roundabout Interchange with the North Circular Road (A406). The site is highly visible from, and has direct access to the North Circular Road. Therefore, the property benefits from a high volume of traffic.

Walthamstow Central station is approximately 2.4 km (1.5 miles) to the south. The surrounding area benefits from a wide variety of uses including residential and commercial. Nearby occupiers include Ford (adjacent) and Virgin Media.

There are several new residential developments in close proximity to the subject property. These include Banbury Park, a new development on Billet Road by Latimer comprising a selection of 1,2,3 & 4 bedroom houses and apartments. See www.banburypark.co.uk.

Description
The property comprises a former retail parade with residential upper parts. The retail units have been converted to provide storage and ancillary accommodation for the main business carried out by the tenant which includes an MOT, tyre, exhaust and servicing centre.

A yard to the rear of the site provides access to the main workshop accommodation which is contained within a ground floor extension behind the original shops.

There is a large advertising hoarding on the eastern elevation which is highly visible from the North Circular Road ((A406).

In addition to access via Billet Road, the property benefits from direct access via the North Circular Road.

There are five large maisonettes at first and second floor level which have been let on long leases.

In accordance with the tenant’s lease terms, a significant schedule of dilapidations has been agreed and the property is currently undergoing a substantial refurbishment programme of works.

Accommodation
The ground floor has a total Gross Internal Area of 475.48 sq m (5,118 sq ft) which was agreed between the Landlord and Tenant at the 29th September 2016 rent review.

The car park / yard area totals approximately 464.51 sq m (5,000 sq ft).

Site
We estimate the site area to be approximately 0.10 hectares (0.25 acres).

Tenure
Freehold.

Tenancy
The ground floor is let to Kwik Fit (GB) Limited on an effectively full repairing and insuring lease for a term of 25 years from 29th September 2006, expiring on 28th September 2031 (approximately 12.75 years unexpired lease term).

The current passing rent is £71,000 per annum. The lease benefits from 5 yearly upwards only rent reviews, the next being on 29th September 2021.

The permitted use under the terms of the lease is as retail sales, supply, storage and fitting of tyres shock absorbers, brakes, clutches, radiators oil and air filters, steering parts, exhaust batteries and tyre centre together with any other motorist components parts and accessories and/or MOT testing and/or the maintenance, servicing and repair of motor vehicles and as to the upper floors for private residential purposes, provided the ground floor of the Property may with the previous written consent of the Landlord be used for any use within the Use Class A1 or B1(c) B8 of the Town and Country Planning (Use Classes) Order 1987.

The 5 upper floor maisonettes have each been let for a term of 125 years from 10th October 1978 (84.75 years unexpired) at a rent of £50.00 per annum, hence a total ground rent of £250.00 per annum.

Hence, the total income to an investor is £71,250 per annum.

Advertising Hoarding

The freeholder is in negotiations with Kwik Fit (GB) Limited regarding their current usage of the prominent side wall facing The Billet Roundabout where Kwik Fit have erected signs which occupy space outside of that which constitutes their demise. Kwik Fit have been presented with an option to either vacate and hand back the offending positions, hence removing their hoardings, or pay a commercial rent commensurate with market value. The freeholder has a firm offer from a substantial outdoor advertising company to let the space and erect a digital sign on a long term lease for approximately £10,000 per annum. That company will take full responsibility for all relevant planning issues together with any associated costs. Under the expressed terms of Kwik Fit’s lease they are required to pay to the freeholder 40% of any income which derives from their letting of specific signage clearly detailed within the lease.

Asset Management Opportunities
It is suggested that the site, which measures approximately 0.25 acres (10,000 sq ft) and comprises an unbroken block along with car park/yard, has long term development potential, subject to planning.

The site presents a significant residential development opportunity possibly with a commercial element facing the main road at ground floor level. There are also various opportunities to increase the income in the short term. The freeholder has explored and been in negotiations to purchase the large maisonettes at first and second floor level which are let on long leases with approximately 85 years remaining. This will allow the freeholder, subject to planning, to replan/remodel and increase the existing space whereby potentially creating a larger number of smaller units and also look at building over the roof above the rear of the Kwik Fit workshop. In addition there is some redundant land adjacent to the site which could possibly be purchased and potentially produce some marriage value.

Covenant
Kwik-Fit (GB) Limited (Co. No. 01009184) has reported the following figures:

31st March 2018 31st March 2017
Turnover £481,661,000 £454,846,000
Pre-Tax Profits £54,371,000 £18,605,000
Shareholders’ Funds £125,875,000 £77,769,000

Established in 1971, the company’s principal activities are the operation of automotive repair centres for tyres, exhausts, brakes, suspension, MOT, servicing and a fleet of mobile tyre fitting vehicles. The company operates from over 600 specialist fitting centres and 150 mobile fitting vehicles in the UK. For more information visit: www.kwik-fit.com.

Proposal
We are instructed to seek offers in the region of £1,395,000 (One Million, Three Hundred and Ninety-Five Thousand Pounds), subject to contract, for the SPV (Company) reflecting a net initial yield of 5.0% and based upon purchase costs of 2.30%. The prospect exists to increase the yield in the short term once the income has been finalised in respect of the advertising hoarding.

Please note a purchaser will be charged a transaction fee of £5,000 + VAT.


Investment Considerations
An opportunity to acquire a freehold London investment;

The property occupies an extremely prominent roadside location adjacent to the North Circular Road (A406) and Crooked Billet roundabout;

Highly secure income – let to Kwik Fit (GB) Ltd (Shareholders’ Funds £126 million);

Attractive unexpired lease term of approximately 12.75 years;

Residential element let for a further 85 years at ground rents;

The income is expected to increase following the letting of the advertising hoarding;

Large site with future redevelopment potential, subject to obtaining the necessary planning consents;

A purchase at the asking price reflects an attractive net initial yield;
London Roadside Investment Let to Kwik Fit
Type: Residential, Retail, Land, Commercial Land
Location: 2-10 Billet Road, E17 5DN
Size: 475.48 Sq M
Images: 28
Brochures: 1
View Property
For SalePOA
The subject sites comprises a decommissioned DEFRA animal testing centre totaling 7.74 acres (3.13 ha). Access to the site from Garstang Road

- Development Opportunity
- 7.74 acres (3.13 ha)
- The buildings comprise a mix of single and two storey brick construction
For Sale - Development Opportunity - Broughton
Type: Residential, Land, Commercial Land
Location: Barton Hall, Garstang Road, Preston, PR3 5HE
Size: 7.74 Acres
Images: 1
Brochures: 1
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For SalePOA
RESIDENTIAL DEVELOPMENT OPPORTUNITY - C. 2.32 ACRES
DESCRIPTIONThe subject comprises a greenfield site of c. 2.32 acres within the Development Limit of Ardmore, the site is rectangular in shape and slopes gently towards the Ballybogie Road access is via the existing Village Green Development.SITEC. 2.32 Acres (0.93 hectares).PLANNINGOutline Planning Permission has been granted under Ref: LA/11/2015/0263/O.Proposal: Proposed outline multi-housing development (concept approx. 25 units)Status: Granted 25th March 2016Additionally a revised site layout plan has been prepared and provides 34 no. units (3 no. detached, 18 no. semi detached and 13 no. townhouses).The lands are located within the Development Limit of Ardmore under the Derry Area Plan 2011. The Lands are undesignated “Whiteland”
Land at Village Green, Ardmore, Londonderry, BT47 3WB
Type: Land, Commercial Land
Location: Land at Village Green, Ardmore, Londonderry, BT47 3WB
Images: 2
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For SalePOA
A part-built residential development scheme benefiting from planning consent for 17 units (including the conversion and extension of the existing buildings) with associated car parking and landscaping.
( Agency Pilot Software Ref: 2042620 )
Silverwood, 129 Barlow Moor Road, Didsbury, M20 2DY
Type: Residential, Land, Commercial Land
Location: Silverwood, 129 Barlow Moor Road, Didsbury, M20 2DY
Images: 2
Brochures: 1
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For Sale£215,000.00
The property a brick built two storey building with a rendered finish. The ground floor is currently let to as a convenience store on a 15-year lease dated circa March 2016 at an annual rental of £9,000.

The lease is within the 1954 landlord and tenant Act and there are no break clauses within that term. There are however 5 yearly rent review options.

The first floor is a self-contained split level 1-bedroom residential apartment that is tenanted on a 6 month assured tenancy agreement at an annual rental of £6,000 per annum.

In addition there is a small courtyard garden area to the rear of the premises.

( Agency Pilot Software Ref: 103807 )
32 St. Johns Street, Bedford, MK42 8EP
Type: Land, Other, Land, Commercial Land, Other Property Types & Opportunities
Location: 32 St. Johns Street, Bedford, MK42 8EP
Size: 622 Sq Ft
Images: 1
Brochures: 2
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For Sale£295,000.00
Ground Floor : GIA approx. 4451 SQ FT
First Floor : GIA approx. 4451 SQ FT
Second Floor : GIA approx. 4451 SQ FT

To the front there is currently car parking.

Outline planning permission was granted in February 2017 for the erection of a four storey block, 14 self-contained permanent flats with balconies, associated access and parking following the demolition of the existing building.
The planning permission reference is 16/0664.
(Local authority is Blackpool Borough Council)

( Agency Pilot Software Ref: 5846 )
7-11 ALFRED STREET, BLACKPOOL, FY1 4LH
Type: Hotels, Land, Licensed & Leisure, Commercial Land
Location: 7-11 ALFRED STREET, BLACKPOOL, FY1 4LH
Size: 13353 Sq Ft
Images: 2
Brochures: 1
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For SalePOA
Residential Development Opportunity - c. 4.16 Acres
The property comprises a c. 4.16 acre greenfield site of which c. 3.96 acres are located within the development limit of Orritor Village. The land is undesignated as ‘Whiteland’ according to the Cookstown Area Plan 2010.The property is accessed through a gateway opposite No. 7 Drumearn Road. SITE4.16 Acres (c. 1.68 hectares).PLANNINGThe planning permission history is as follows:-I/2007/0033/F - Approved 27th October 2009 for 35 no. Residential Dwellings, 26 no. Townhouses, 4 no. Detached and 5 no. Apartments.SALES PROCESSThis site is being offered by Formal Tender. Tender packs can be requested from the vendor’s solicitor.Tenders are to be submitted by 12 noon on Friday 22nd March 2019 in a sealed envelope marked “Drumearn Road” to Colliers International, 4th Floor, 25 Talbot Street, Belfast, BT1 2LD.Signed contracts are to be returned with a 10% non-refundable deposit.Please note that our client is n
Lands at Drumearn Road, Cookstown, BT80 9JY
Type: Land, Commercial Land
Location: Lands at Drumearn Road, Cookstown, BT80 9JY
Images: 2
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For Sale£650,000.00
VIEWINGS STRICTLY BY APPOINTMENT ONLY. The property provides secure, predominantly concrete surfaced open storage currently used as a car breakers and salvage parts sales yard. The site is roughly triangular in shape and is located in the Eastern Industry area about 2 miles east of the city centre in a well-established industrial area with an access road to Oxney Road and adjacent to a re-claim yard and other industrial and motortrade uses. Nearby occupiers include JCB and TC Harrison Ford dealership.
( Agency Pilot Software Ref: 16685 )
Land At, Oxney Road, Peterborough, PE1 5YW
Type: Land, Commercial Land
Location: Land At, Oxney Road, Peterborough, PE1 5YW
Size: 1.75 Acres
Images: 4
Brochures: 1
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For SalePOA
The Property comprises a vacant 4 storey office building in B1a use. The Property sits within a broadly rectangular site extending to approximately 0.1 acres (0.04 hectares) and is located on the northern side of Chatfield Road, at the interchange with Mendip Road within the London Borough of Wandsworth.
56 Chatfield Road
Type: Residential, Land, Commercial Land
Location: 56 Chatfield Road, London, SW11 3UL
Images: 1
Brochures: 1
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For Sale£2,000,000.00
Chequer House comprises a two storey town house, fronting onto King street, with a substantial multi storey office building, to the rear, overlooking Purfleet.
( Agency Pilot Software Ref: 424793 )
Chequer House, King Street, King's Lynn, PE30 1ES
Type: Land, Land, Commercial Land
Location: Chequer House, King Street, King's Lynn, PE30 1ES
Size: 34940 Sq Ft
Images: 5
Brochures: 1
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