Commercial properties for sale

• Affluent north west town with over 570,000 people living within 30 minutes of its centre
• Prominent & easily accessible location adjacent to the A59 Liverpool Road
• Let to national retailers including Aldi, B & M, Pets At Home, Peacocks, Sue Ryder and Subway with a highly attractive WAULT of over 14 years
• Approximately 41% of the income subject to either RPI or fixed increases
• Offers are sought in excess of £15,300,000 (Fifteen Million Three Hundred Thousand Pounds) reflecting an attractive Net Initial Yield of 6.00% assuming purchaser costs of 6.73%.
• Based on the fixed/RPI increases, the running yield would rise
to 6.33% in 05/2022, 6.70% in 05/2027 and 7.11% in 05/2032

A 99-bedroom hotel and conference centre extending to approximately 50,000ft2, occupying a site of circa 1.7 acres

Currently operated by Starboard Hotels under a Best Western franchise, by way of a management agreement with the freeholder

Potential for a variety of alternative uses such as residential or care home, as well as continued hotel use

Located within the affluent north-east London suburb of Woodford Green

Offers invited in excess of £10,000,000 for the freehold interest

Cliftonville, Margate Price on application Well-maintained former hotel with development opportunities

• 60 bedrooms
• 50 bathrooms
• 10 reception rooms
• Currently C2 use
• Popular location
• Close to seafront
• Freehold

Planning permission granted, reference number: F/TH/18/0459 for the following:

• 5 x 4 bed house
• 1 x 3 bed house
• 5 x 2 bed flats
• 1 x 2 bed and garages

Residential Development Site

Resolution to grant Planning Permission for 616 dwellings (including 20% affordable) plus 14 retirement bungalows, 50 retirement/care apartments and a community centre. 28.60 hectares (70.67 acres). For Sale By Private Treaty.

Total site income of circa £520,000 per annum. Income generated from bulk storage including warehousing, grain storage and short term licences. There are opportunities for active management to generate further income.

A unique owner occupier/ investor development opportunity in Hackney Wick comprising a freehold site with full planning permission for a new 23,034 sqft NIA B1 office building.

The site is less than a 1 minute walk from Hackney Wick Station providing services into Stratford within 5 minutes. Stratford will soon benefit from Crossrail (Elizabeth Line) which will provide services into Liverpool Street within 7 minutes, Canary Wharf in 8 minutes, Tottenham Court Road in 13 minutes and Heathrow T2 & 3 in 43 minutes).

The site extends to approximately 598 sqm (0.147 acres) and currently comprises a number of single storey commercial units.

Full planning permission was granted for the demolition of the existing buildings and redevelopment of the site to provide a 5 storey (inc. basement) B1 office building extending to 23,034 sqft NIA (28,309 sqft GIA).

The most recently drafted S106 defines the affordable workspace as: ‘5% of the Workspace (to be no less than 131.5 square metres of Gross Internal Floor space) to be provided as part of the Development at (unless otherwise agreed with the LPA) ground floor or above, which will (unless otherwise agreed with the LPA) be offered to future occupiers at up to £16 per square foot (Indexed) including Service Charge for a period of 5 years from the first Occupation of the Development’ Thereafter the space can be let at full market rent’.

The scheme will provide a communal garden at roof level and provisions for 30 cycle spaces.

The site also lends itself to a residential scheme and was outlined as Phase 1 within the LLDC’s Hackney Wick Masterplan which identifies the ground floor use as B1 with upper floor use as either B1 or C3.

A residential led scheme (subject to the necessary planning consents) would work within the same massing as the granted office planning consent. Architects indicative plans can be made available upon request.

We are aware that the site is not elected for VAT.

The site is available freehold with vacant possession.

PROMINENT DEVELOPMENT OPPORTUNITY FOR SALE

VICTORIA ROAD, OSWESTRY, SY11 2HU

• Retail development opportunity adjacent to Lidl.

• Current planning for 16,200 sqft (1,505 sqm) of retail accommodation.

• Car parking, service yard and services all already in situ.

• Interest invited from developers/contractors.

UNDERLANE, HOLSWORTHY – FOR SALE –DEVELOPMENT SITE – c. 2.4 ACRES

Prime site opposite Waitrose store

* Highly prominent mixed-use investment let to a popular local restaurant occupier with first floor residential accommodation.

* Located in Denton Town Centre, East Manchester.

* Recently refurbished three-bedroom apartment on the first floor.

* Total combined passing rent of £18,800 per annum.

* 14.2 years unexpired lease term (4.2 to break)

* We are instructed to invite offers in the region of £235,000 subject to contract and exclusive of VAT. An offer at this level reflects a Net Initial Yield of 7.8% assuming standard purchasers' costs of 2.52%.

The property comprises of a two-storey mixed-use terrace building of traditional brick construction beneath a flat roof. The ground floor provides a double fronted A3 restaurant unit with glazed frontage benefiting from electric roller shutter security.

The restaurant has been recently refurbished and is fit out to a high standard throughout with entrance area, dining areas, bar, WC located to the front of the unit and a commercial kitchen to the rear.

Externally, there is access to the ground floor from the rear via a small yard area.

The first floor provides a 3-bedroom apartment which is accessed via a rear entrance.

( Agency Pilot Software Ref: 738 )

Formal marketing and Expression of Interest to commence early Jan 2019 but initial release;

326,700 sq ft or 7.50 acres roughly level and mixed surfaced site for a variety of potential uses, commercial and industrial on a 10/12 year lease with 5 year landlord break option.

Main road location on Harbet Road within Stonehill industrial area.

Site will form part of the wider Meridian Water Project being promoted by Enfield Council to deliver 10, 000 new homes and 6,000 new jobs up to and beyond 2025.


( Agency Pilot Software Ref: 2041878 )

This steel portal frame industrial unit of approximately 5,026 sq ft with a circa 0.83 acres (3,400 sq ft) yard area located to the rear and 6 allocated parking spaces located along the side of the unit.

In addition there is a portable office cabin located to the front of the main roller shutter loading door.
( Agency Pilot Software Ref: 103733 )

The buildings are situated within the commercial manufacturing site of approximately 0.32 hectares 0.8acres) the remaining 2.38 hectares (5.9 acres) is expansion land located at the rear of the site.

There are 5 industrial units most recently occupied as a single building measuring in total approximately 7,246 sq m 78,000 sq ft).

In addition there are offices internally linked measuring approximately 366 sq m (3,940 sq ft.).

The space does have the ability to be split into individual units ranging from approximately 1,020 sq m (10,982 sq ft) to 1,936 (20,839 sq ft).
The industrial buildings are predominately clear span steel portal frame buildings with concrete block walls with cladding above.

There is car parking provisions and ample loading, unloading and turning space.

Much of the yard space is concrete with some un-surfaced land that has a hard standing surface. The site is bounded by security fencing and gated access providing access directly to Middle Drove Road.

The newer units have a 6.6m minimum eaves height and a 8m maximum eaves height. The older unit has a minimum eaves height of 5.3m and a maximum eaves height of 6.5m.
( Agency Pilot Software Ref: 103732 )

Located on the south side of the Hoo Peninsula and benefitting from direct access to Junction 1 of the M2 motorway, London Medway Commercial Park provides prime warehouse/distribution space in a strategic location. Leasehold and freehold design & build, or land for sale. Suitable for B1, B2 and B8 uses. Buildings could be designed and constructed to meet customers' bespoke requirements, with alternative layout options also available.


( Agency Pilot Software Ref: 893241 )

Located on the south side of the Hoo Peninsula and benefitting from direct access to Junction 1 of the M2 motorway, London Medway Commercial Park provides prime warehouse/distribution space in a strategic location. Leasehold and freehold design & build, or land for sale. Suitable for B1, B2 and B8 uses. Buildings could be designed and constructed to meet customers' bespoke requirements, with alternative layout options also available.

( Agency Pilot Software Ref: 892956 )

Phase 2 is a prominent 3.23 acre self-contained site on Ambley Road enclosed by palisade security fencing with hardstanding. The original warehouse building of 87,715 sq ft has been demolished and therefore the land could be utilised as storage or parking whilst planning consent is obtained for a new development.

Phase 36 is a very prominent of 0.61 acre self-contained site on Bailey Drive opposite the entrance to the Park off A2 via Ambley Road. At present it remains undeveloped.
( Agency Pilot Software Ref: 892842 )

Charter Way is a locally and regionally busy and important artery, also serving an employment zone characterized by large number of diverse small business units, the Liskeard Community hospital and health centre, further medical and specialist facilities, and an Aldi food retail store.

The subject land comprises 2 areas.

Area 1 is a triangular site directly fronting to and offering excellent high visibility from Charter Way. The site adjoins Clemo Road, serving as access to the Aldi Store, the community Hospital and other facilities within this important locality, and will be served by the estate road which will open up and service the 207 dwellings to be constructed. The site has the benefit of Outline planning consent for Uses A1 and A3.

Area 2 is a linear site, to the north and east of Area 1, particularly suitable for smaller B1 commercial units. The site will have access to the adopted estate road which will be constructed to serve the residential area as above.

( Agency Pilot Software Ref: 2120 )

The property comprises a two-storey period office building fronting the High Street with purpose-built two-storey office extensions. A large car park is to the rear. Currently run as a partially managed business centre, it has impressive occupancy rates and the potential to improve rental income.

The overall net internal floor area is 308.07 m2 (3316 ft2) plus reception area, circulation space and WC and kitchen facilities. Floor areas provided by our clients.

PLANNING

The building would suit alternative uses, including residential in whole or part, subject to planning. Permitted Development was confirmed on 23/12/16 for residential.

TENANCIES

The property is let on a number of excluded tenancies to various office tenants, with a current income of circa £68,000 p.a. with two suites vacant. Details on request. No lease is for longer than 2 years.

TERMS

Guide Price £1 million for the freehold interest in the building with the benefit of the tenancies.




( Agency Pilot Software Ref: 164 )

The site is located to the north east of Telford town centre and is bounded by the A5 to the north. Junction 4 of the M54 is c.1 mile to the south of the site. The site is approximately 15 miles from Shrewsbury and 35 miles from Birmingham.

The site is close to the Priorslee Local Centre and primary school with nearby public open space and play area.

The site is currently open grassland located either side of Gatcombe Way, extending to 3.05 hectares (7.53 acres).

For further details please see https://priorsleesitejtelford.com.
( Agency Pilot Software Ref: 2041735 )

Swindon Borough Council Outline Planning Permission reference S/OUT/16/0021

19.352 gross hectares (47.818 gross acres)

10.882 net hectares (26.890 net acres) of residential development

296 Private and 74 (20%) Affordable dwellings at density 34 dwellings per hectare

Bids to be submitted by 17:00 on Friday 18th January 2019

A rare opportunity to acquire a vacant freehold development site just a short walk from historic Greenwich. The site is currently occupied by a redundant former public house arranged over basement and three upper floors. Planning permission is in place for the construction of a contemporary 7 storey building to comprise a ground floor commercial unit and six luxury 2 bedroom apartments.

A unique opportunity to acquire a prime London building and adjacent site with development potential for a range of uses including retail/leisure, offices and residential (subject to planning).

Grade II Listed former bank building, (c. 9,700 sq ft GIA), with an adjacent cleared plot of c. 0.04 acres

200m from Tower Bridge, 800m from London Bridge station, and within easy walking distance of Tower Hill, Bermondsey and Borough stations

Benefits from a positive pre-application response from Southwark Council for conversion of the existing building and development of the cleared plot

The first floor is occupied on a Tenancy at Will determinable at any time; the remaining floors are vacant

Offers sought on an unconditional basis

The site has extensive frontage to and is to be accessed from Queen Elizabeth Way, the main dual carriageway linking Ingleby Barwick, Europe's largest housing estate to the south west with Stockton town centre to the north. There is a second access from Lockheed Close immediately to the north of the site.
( Agency Pilot Software Ref: 2041279 )

The premises comprise a broadly rectangular unsurfaced site which is currently accessed from Nasmyth Road.
( Agency Pilot Software Ref: 2041833 )

LOCATION
The property is located on the main high street, Spring Gardens, in Buxton town centre. Buxton is in the heart of Derbyshire and is often described as the gateway to the Peak District National Park. It has a population of 21,000 (2001 census) and has built its reputation on being a hot spot for tourists, with over a million visitors to Buxton each year. In addition the University of Derby is less than half a mile away from the property which currently houses 17,475 students.
Nearby occupiers include Costa Coffee, Boots and Vodafone.

DESCRIPTION
The property comprises of a two storey retail premises on the principle shopping street in Buxton town centre. The property is currently a pawn brokers, with sales area covering ground floor and first floor comprising of a kitchen, WC with store rooms. Internally the property is in a good condition. To the rear is space for 2 cars and/or loading.

FLOOR AREAS (NIA)
Ground Floor625 sq ft58.1 m2
First Floor352 sq ft32.74 m2
Total977 sq ft90.8 m2

TERMS
The property is available by way of a new full repairing and insuring lease.

TENANCY SCHEDULE
Cashbrokers - 10 year FR + I lease from November 2018 at an annual rent of £19,500 pax with a tenant break at year 5.
PRICE
£240,000 exclusive

RATES
Rateable Value £14,750

LEGAL COSTS
Each party will be responsible for their own legal costs.

VAT
All prices and rents are exclusive of, but may be liable to VAT.

VIEWINGS
Strictly by appointment with sole agents Hallams Property Consultants.
( Agency Pilot Software Ref: 249 )