Prime development site for sale within the heart of Lewes town centre
Development site area approximately 7 hectares (17.3 acres)
Hybrid planning permission achieved for 416 residential units (including 51 extra care units), 4,185 sq m flexible work space (including creative community space, assembly and leisure uses and restaurant), health hub, public realm, riverside promenade and access to the River Ouse
Exceptional opportunity for sustainable development in a unique location within the South Downs National Park
North Street Quarter, Lewes, East Sussex
Type: Residential, Leisure
North Street, Lewes, BN7 2PJGBEast SussexBN7 2PJNorth Street
BUSINESS The business has been run by the existing proprietor for over 37 years and is only reluctantly offered for sale due to retirement. The business is diverse with income currently being received from the bar,restaurant, function room and the letting of the two three bedroomed flats to students. The business is currently run by the proprietor and her daughter and three full time chefs and a variety of full and part time staff. The business trades as a freehouse with the trade broadly split wet(and machines) 63%, food 32% and letting rooms 5%. The business benefits from established local trade,students and is supplemented by the tourist trade. There is significant potential for further utilisation of the function room at first floor level which is not a public area. The turnover for the year ending 31st of March 2018 was approximately £468,000. Further financial information including audited accounts are available from the selling agents upon request.
DESCRIPTION The property has remained in the current ownership for approximately 37 years and is only reluctantly offered for sale due to the retirement of the vendor. The property comprises of a substantial imposing property sitting on a total site area of approximately 0.11 acres. The Cambrian Hotel is a combination of two substantial Victorian properties with a modern rear extension. The property trades as a licensed bar/restaurant with letting rooms and a managers flat and residential accommodation that is currently in use as student flats. The largest element of the original Cambrian Hotel benefits from return frontage onto Alexandra Road and Union Street. This comprises of the main public bar area and restaurant on the ground floor. The bar has a capacity of 120 and the restaurant has capacity for 70 covers. The upper floors provide the 12 letting rooms,a function room, offices and the managers flat. This part of the property is four storey and is of brick construction under a slate roof cover. At the rear of the property there is a three storey later extension which was built approximately 15 years ago. This provides on the ground floor a rear extension of the bar(pool/games room), public toilets and part of the kitchen. On the upper floors there are two three bedroom flats which benefit from a separate access off Union Street. The vendors maybe willing to consider retaining these as part of any sale, further details available from the selling agents upon request. The property is of traditional cavity construction and a part tiled and part flat roof cover. The ground floor of the main part of the property trades as a licensed bar accessed directly from Alexandra Road along with the adjoining Le Figaro restaurant. Le Figaro offers a split level restaurant with its own kitchen and separate bar servery. The property would lend itself to a variety of uses including continued use as a licensed premises and restaurant and conversion of the uppers to residential or student accommodation and its potential can only be fully appreciated after undertaking an inspection of the same.
LOCATION The property is prominently situated fronting at the junction of Alexandra Road with Union Street in the town centre of Aberystwyth. The property is located opposite the town’s railway station and falls close to Aberystwyth's large bus station and local taxi rank. It is in close proximity to Wetherspoons and a retail development comprising amongst others Matalan, Marks and Spencers and Tesco. The property is also located within close proximity of the new restaurant conversion that is taking place of the Old Welsh School.
Aberystwyth is an established university and market town and serves as the administrative centre for the area. The population at the 2011 census was 16,420 with a significant influx of students being in excess of 10,400 per year. The West Wales Coastal town enjoys views overlooking the Irish Sea.
The town lies approximately 110 miles north west of the City of Cardiff, 76 miles south west of the town of Shrewsbury and approximately 93 miles south east of the City of Chester.
The town is accessed via the A44,A487 and A470 and enjoys accessibility via main line railway lines connecting into the major conurbations of Cardiff and Swansea to the south and Birmingham and Shrewsbury to the East.
The historic building enjoys a very prominent location in the town centre and lends itself to a variety of uses(subject to statutory consents).
Cambrian Hotel, Alexandra Road, Aberystwyth, SY23 1LG
Opportunity to buy a freehold retail and residential investment close to Bristol City Centre in an increasingly popular retail and residential location. The property comprises a ground floor retail unit which is let to a printing company together with 4 modern, self-contained one and two bedroom flats. Offers are sought in excess of £700,000 representing a net initial yield of 6.84% and a capital value of £205 per square foot. ( Agency Pilot Software Ref: 388 )
68 West Street, Bristol, BS2 0BL
Type: Retail - High Street, Other, Residential, Retail, Other Property Types & Opportunities
68 West Street, Bristol, BS2 0BLGBBristol, City Of, BristolGloucestershireBS2 0BL48-54, West Street
Attractive retail and residential investment opportunity, comprising a caf�, and a self-contained one bedroom residential flat. Situated in Clifton close to the University of Bristol, Park Street and College Green. Offers invited for the freehold interest on an unconditional basis of £375,000, representing a net initial yield of 6.85% and £239 per square foot.
( Agency Pilot Software Ref: 387 )
10 Park Row, Bristol, BS1 5LJ
Type: Retail - High Street, Other, Residential, Retail, Other Property Types & Opportunities
10 Park Row, Bristol, BS1 5LJGBBristol, City Of, BristolGloucestershireBS1 5LJ6-8, Park Row
The property is a two-storey building with brick elevations surmounted by a pitched slate roof. The retail unit is self-contained and located on the ground floor with office/storage accommodation on the first floor. Internally the property benefits from a glazed shop frontage, tiled floors, spot lights and WC facilities. The kitchen benefits from tiled floors, stainless steel cladded walls, an extraction canopy and fluorescent strip lighting. The first-floor benefits from carpets, plaster & painted walls, inset spot lights & WC facilities.
345 SOHO ROAD, HANDSWORTH, BIRMINGHAM, B21 9SE
Type: Retail, Office, General Retail, Retail - High Street, Restaurant/Cafes, Offices
Restaurant premises with kitchen, storage, male and female WC's and 2 allocated car parking spaces which can be accessed via a service road to the rear also facilitating loading and unloading.
The premises is situated Situated on Old Church Road (A112) in Chingford, East London. Old Church Road leads into Chingford Mount Road, forming the main shopping and commercial area in South Chingford. To the South, the A406 North Circular Road can be reached in approximately 5 minutes by car. A number of restaurants, cafes, banks and multiple retailers such as Lloyds TSB, HSBC, Costa Coffee and Ladbrokes are located in the immediate vicinity of the demise.
The premises is offered by way of business transfer or an assignment of the existing lease which is to expire September 2031. Such lease is inside the provisions of the Landlord and Tenant Act 1954 governing Security of Tenure.
The current passing rent is £32,500 per annum exclusive of all outgoings, payable quarterly in advance on the usual quarter days. NO VAT.
Key Features • Recently Refurbished • Renewable Lease • 90 Seat Restaurant • Newly Fitted Kitchen • Newly Installed and Fully Equipped Bar • CCTV's • Electric Roller Shutters • Alcohol License • 3 Phase Power • Allocated Car Parking
£120,000 premium is sought in consideration of the goodwill of the business, fixtures and fittings and the benefit of the renewable lease. A full inventory and sales reports are available upon request
NEWLY REFURBISHED 90 SEAT RESTAURANT FOR SALE
Type: Restaurants / Cafes, General Retail, Retail - High Street, Pubs/Bars/Clubs, Restaurant/Cafes, Retail, Licensed & Leisure
Old Church Road, London, E4 8DBGBLondonGreater LondonE4 8DBOld Church Road
George House is an attractive, Grade II Listed property comprising two retail units at ground floor level which are let subject to two occupational leases and five apartments at upper floor and part ground floor, all of which have been sold off, subject to ground leases.
Part of the property dates back to the 17th Century and was formerly the old George & Dragon Inn. This part of the property is identified by its timber facade with a balcony to the first floor overlooking an imposing solid oak doorway . To the rear of the building there is a car park area which is demised with the apartments.
Unit 1 is let to Madimade Ltd trading as Bridal Boutique Limited who are a bridal wear showroom and shop. They have been in occupation since 2011 but the shop has been a bridal studio for the last 20 years.
Unit 2 is let to Peter Turner trading as JSK Boutique which trades as a ladies fashion shop. This shop is one of several that JSK occupy around the Midlands area.
The freehold of the car-park is included in the sale with 3 parking spaces demised to the shops, a tandem space to the owner of the next door house and all other spaces demised with the apartments.
Unit 1 - The Bridal Boutique Limited 948 sq.ft. (88.1 sq.m.) Unit 2 - JSK Boutique 328 sq.ft. (30.5 sq.m.) Total - 1,276 sq.ft. NIA ( Agency Pilot Software Ref: 373 )
George House, 121 High Street, Henley-in-arden, B95 5AU
Type: Retail - High Street, Retail
George House, 121 High Street, Henley-in-arden, B95 5AUGBStratford-on-Avon, Henley-In-ArdenWarwickshireB95 5AUHigh Street
This deceptively spacious guest house occupies a prominent location within a short distance of tourist attractions to include the Promenade, Sandcastle complex and Blackpool Pleasure Beach. A selection of public car parks are nearby. Wealth of passing trade.
The trading bedroom accommodation consists of four en-suite bedrooms and five standard bedrooms, with a shower room and WC to the landing.
The bedroom accommodation provides a variety of single, double and family space. The present owners have started to re-develop the building in areas but further works are required. This can leave the opportunity for a new owner to add their own style to the property.
Additional accommodation comprises of a kitchen that leads through to the private accommodation. This consists of a ground floor lounge and bathroom with first floor double bedroom and single bedroom.
There is parking for 6 vehicles to the rear and a yard. Internal viewings is required to appreciate the deceptive space that the guest house provides and to see the works that have been started and that require completion.
( Agency Pilot Software Ref: 5886 )
WINGATE HOTEL, 8 DEAN STREET, BLACKPOOL, FY4 1AU
Type: Hotels, Licensed & Leisure
WINGATE HOTEL, 8 DEAN STREET, BLACKPOOL, FY4 1AUGBBlackpool, BlackpoolLancashireFY4 1AU13, Dean Street
This is a well-run hotel which offers real potential for a new owner to increase the turnover as it currently operates on a weekend basis for part of the year. The business benefits from strong trading accounts due to regular repeat trade. The property boasts 11 bedrooms, car parking for 7 vehicles and a bar, lounge and dining room. The owners accommodation offers two double bedrooms but unusually for Blackpool also benefits from a good sized rear garden. Viewings highly recommended. ( Agency Pilot Software Ref: 5885 )
A RARE opportunity to lease this well run, high turnover, A3 restaurant situated on a popular parade between West Ealing and Ealing Broadway.
The lease INCLUDES approx. 750sqft residential accommodation above (4 x en suite bedsits/ rooms)
The net income from the upper-floors residential is approx £35,000 a year.
This restaurant is one of the highest grossing Indian restaurants on JustEat. It has a strong following and any new owner could take over with minimal effort. The restaurant can easily accommodate 50 covers and can push towards 80. Fully licenced and has a 5 star hygiene rating.
Location: The premises is well located on a busy Uxbridge Road with a mixture of shops, offices and predominately retail units. It is a stone's through away from the very densely populated Culmington Road, which houses a huge quantity of families and professionals. The property is well located between West Ealing and Ealing Broadway.
Lease: 12 years left (renewable). NO rent review for next 4 years.
Services: Full repairing and insuring lease.
Premium: £120,000, including fixtures and fittings. How is the premium calculated: the premium is based on refurbishment cost carried out by the existing tenants, establishes use, great customer base and superb income from residential upper-floors. Rent reviews will be based on the condition prior to refurbishment.
Rates: The rateable value = £29,950; payable, approx £11,000 (BEFORE any reliefs or discounts). Interested parties must verify these figures with London Borough of Ealing.
Legal costs: Each party to be responsible for their own legal costs incurred in the transaction. However, incoming tenant may be responsible for landlord's legal costs.
Viewing: Strictly by appointment only (NOTE: staff unaware).
W13: Ready A3 restaurant with attractive rent and residential uppers.
Type: Residential, Retail, Retail - High Street, Restaurant/Cafes
Situated in Newport, the Islands County Town, which has a population circa 25,000 (2011 census). This business is in a highly populated residential area of the town with 6 schools being within a very short walk and further residential development starting during the spring 2019. Jude’s Fish Bar is currently the only businesses of its kind serving Newport West which would cover the Sylvan Drive estate, Carisbrooke and Gunville areas. Description A ground floor unit offering circa 69 sq m (742 sq ft) of floor space including retail area, kitchen, preparation room, staff areas and WC. The retail area has a frontage of 7.25m and is equipped with a serving counter, 3 pan gas fired Harry Nuttall range, work surfaces, griddles and stainless steel catering fridge together with a well maintained extraction unit. The rear has further equipment such as freezers, potato peeler and a chipper. A full inventory can be provided on request. The property also benefits from customer car parking to the front of the unit and staff parking to the rear. The business itself has traded for 13 years and due to the location of the business we feel there is ample opportunity to expand the business by way of further opening hours or offering a delivery service to local residents. Accounts can be provided to bone fide applicants once a viewing has been undertaken. Terms Our client is asking £64,950 for the business FFGW + SAV. The premises are held on the balance of a 21 year lease from 2005 at an annual rent of £6,000. Business Rates The VOA shows the Rateable Value is £5,600. The rates payable are circa £2,760
The property comprises a range of industrial and office buildings providing approximately 41,835 sq ft of accommodation on a surfaced site of 1.65 acres. The buildings are either let on short term commercial leases or vacant. We understand that the premises have established B2 general industrial planning consent. Further details are available on request. In October 2018 Southampton City Council resolved to grant planning permission (subject to a S106 Agreement) for "Demolition of the existing buildings and redevelopment to provide 40 dwellings and a 464 sq m commercial B1b/c building, with accesses from Paynes Road and Pitt Road and associated parking and open space." Ref: 17/02592/OUT. Further details on the tenancies, planning permission and site surveys are available on request.
Franchised Poppins cafe and restaurant, lease and business for sale. The premises occupy a prominent position along Grosvenor Road in Tunbridge Wells town centre. The premises immediately adjoin Baldwins travel and Corals and are in the same parade as Tesco Metro.
The premises have recently been substantially refurbished to provide for modern cafe having wood laminate flooring, ceiling spot lights and air conditioning. There are 82 covers. There is an open kitchen with serving counter leading to rear prep and wash area having tiled floor & walls. The kitchen and prep area are well fitted with quality stainless steel appliances with stainless steel hood and extraction. A full inventory of equipment to be included in the sale will be made available. To the rear of the premises are 2 cloakrooms, one adapted for disabled persons and provide for baby change. There is a usable basement area comprising store rooms, walk in freezer, staff area and staff cloakroom.
Shop overall 86.3 sq m (923 sq ft) including kitchen area plus ground floor store and 2 sets cloakrooms.
Basement total usable area including walk-in freezer overall 34.9 sq m (270 sq ft) plus cloakroom
Total usable overall area 121.2 sq m (1193 sq ft)
The premises are held under lease for a term of 15 years from 2017 at a rent of £34,000pa. There are 5 yearly rent reviews and a tenant only break option in 2022.
The business is run by the owner with 1 full-time staff member working 45 hours per week and 5 part-time members each working 24 hours per week. It is open 7 day per week trading Monday to Saturday 8.30am – 6.00pm and Sunday 10.00am – 4.00pm.
We are advised there is a payment made to the franchisor of £3,240pa for use of the name, menu, logo etc.
Accounts available show turnover in the region of £245,000pa
The business is offered for sale to include an agreed lost of fixtures and fittings plus stock at valuation.
Further information regarding the franchise can be found at www.poppinsrestaurants.co.uk
Poppins franchised cafe/restaurant for sale in town centre location
Premium offers are invited for the trading premises by way of an assignment of the existing lease.
The premises comprise a fully equipped fish and chip restaurant with seating area to the ground floor and customer W/Cs, food preparation areas and storage to the basement. There is an adjoining retail unit which is currently being fitted out as an additional takeaway premises. The premises benefit from internal and external seating, with circa. 28 covers internally. ( Agency Pilot Software Ref: 2043090 )
49-50 Kings Road, Brighton, BN1 1NA
Type: General Retail, Mixed Use, Retail, Other Property Types & Opportunities