Commercial properties for sale

The property comprises a large warehouse with attached offices to the front.

Construction is generally of brick elevations with shallow pitch asbestos clad roof to the warehouse and felt roof to the offices.

The offices are accessed by a ground floor entrance area/reception and from this leads to visitors toilets, which comprise two low level WC's and two sinks. From the entrance area is access to the ground floor offices and stairs to the first floor offices.

The ground floor offices comprise solid floor with gas fired radiator heating, strip fluorescent lighting, ladies toilet facilities which comprise three cubicles and three sinks, two separate offices, kitchen and a large open plan office in the middle. These offices are currently being used as workshop areas.

To the first floor at the top of the stairs there is a tiled reception area with two offices off. Access is then provided to the main office area and a number of partitioned offices have been created for the directors of the company together with a large open plan area, which is partitioned with glazed partitioning with a central corridor providing access. The first floor is heated via gas central heating and lit via strip lighting.

There is a further area adjoining the first floor offices, which is currently used as a walk through area/staff room.

Warehouse

The warehouse comprises a brick structure with steel trussed roof supporting the asbestos cladding.

To the front of the warehouse are two loading bays, one with concrete ramp and one with a dock facility. The loading bays have two roller shutter doors, both of which are electrically operated.

Internally the warehouse has a concrete floor and is heated via electric bar heating. Lighting is provided via Sodium lights with the warehouse having an eaves height to the underside of the steel beams of 5.5 metres.

The warehouse is currently used for storage and for general industry works and therefore a lot of plant and machinery is installed. A number of mezzanine floors have been created for use with pieces of machinery and these have not been included in the floor areas.

To the corner of the warehouse there is a staff room/canteen, which has a stainless steel sink and drainer.

There is also a despatch office and mezzanine office plus storage area above. We understand this is to be removed and therefore this has not been included in any measurements.

Surrounding the warehouse to the rear and to the side is a large area of open storage land. To the front of the warehouse there is a large loading area, which is used on a daily basis by articulated lorries.

There is ample parking and loading/unloading space for the property.

( Agency Pilot Software Ref: 1157 )

FOR SALE / TO LET

Contemporary Office Building
51,355 sq ft (4,771 sq m)
with over 500 parking spaces.
Close to J6 M53

Potential uses:
- Hotel Complex
- Educational Facility
- Health / Fitness Centre
- Call Centre / Outsourcing Location
- Serviced / Co Working Offices
- Medical / Hospital Facility

MODERN INDUSTRIAL WAREHOUSE BUILDING

• Modern detached warehouse premises
• High bay internal eaves 33’ 5” (10.2m)
• Well fitted offices
• Total site area approx. 3.85 acres (1.60 hectares)
• M54 (Junction 4/5) approx. 4 miles

PRICE: £4.95m plus VAT, subject to contract for the freehold interest

FULLY REFURBISHED STORAGE/DISTRIBUTION UNIT TO LET. Centinal 64 is prominently located on Aylesford Way, which leads directly into the Aylesford Way Industrial Estate. The estate is the prime location in Thatcham, and is approximately one mile to the east of the town centre. Located just off the A4, there is easy access to the M4 at junctions 12 & 13 via the upgraded A34. Thatcham, together with Newbury, form the hubof the M4 & A34 Corridors.

Key Benefits: This Property has the following:
* Eaves height of 8.1m rising to 12.1m
* 7 Dock level loading doors
* 2 Ground level loading doors
* 4.3 acre site
* On site parking for 60 cars
* Large yard area with 69m max yard depth

Contact: Natasha Ryan or Peter Freeman
( Agency Pilot Software Ref: 646 )

Opportunity to purchase a former holiday home with development potential set in grounds of 0.51 acre. Offered freehold with vacant possession.

The 7 self-contained studios are arranged over ground and two upper floors.
The property is a 6 minute walk from Chalk Farm Underground station (Northern line, Zone 2) and a 4 minute walk from Kentish Town West Overground station.
The 7 studio are fully let on AST’s, with a passing rent of £97,552.00pa reflecting a gross yield of 6% at a purchase price of £1,625,000
The property is available freehold subject to the existing tenancies.
The 7 Studios are HMO compliant and licenced

Conversion/ refurbishment opportunity
Planning permission granted for 4 units
Located close to North Finchley
Available with vacant possession
Offers in excess £1m STC

The property comprises a 6 studio HMO (unlicensed) extending to 1,152 sqft GIA.

The property is located on Review Road in Dollis Hill a short walk from Neasden and Dollis Hill London Underground station which provides services into Central London within 10 minutes.

The property is a registered HMO, however, it will be the purchaser’s responsibility to obtain an operating license subject to the relevant consent.

The property has recently been refurbished throughout and presented to a good standard. The 6 studio rooms all benefit from en suites and tea making facilities.

Based on the housing demand from the local authority and need for accommodation, we are aware that the ERV for the property would be approximately £83,759.52 per annum. This is based on LHA rates, which reflects a gross initial yield of 9.6%. We advise the potential purchaser to undertake their own due-diligence regarding this matter.

The freehold interest is available with vacant possession.

International Business Park is located on the eastern side of Charfleets Road. The estate is well located with good links to the A13 and A130 which then lead to the M25. The estate is surrounded by many well-known names and many good quality independent businesses.

The premises is situated at the rear of the industrial estate and is detached.
The unit internally is mainly open plan with office area and two w/c’s. There are two up and over loading doors.
Stairs to a mezzanine floor. (The tenants have installed their own mezzanine floor of approx. 914 sq.ft – this is a tenant fixture and fitting)

St Andrews House is a 9,116 sq ft detached two-storey open-plan configured office building constructed in 2003 with air conditioning, WC's on each floor, lift, raised floors and 40 car parking spaces. Freehold tenure subject to an estate service charge. Let to LeadStream (UK) Limited 09236407 https://leadstream.co.uk/. Full repairing and insuring lease subject to Schedule of Condition. 10 years expiring 1 January 2028 with a rent review and tenant's break option 25 December 2023. Rent GBP 135,000 pax (to be topped up by vendor following incentive period). Link to video: https://storage.googleapis.com/hdl-vaw-2015-live/app/video/St_Andrews_Aerial.mp4 https://storage.googleapis.com/hdl-vaw-2015-live/app/video/St_Andrews_Interior.mp4



(From Caldes Software. Property Ref: N1340. Sep 20 2018 5:06PM)

Freehold retail investment producing £35,000 per annum, prime High Street location next to Primark, Let to Signet Jewellers Ltd trading as H Samuel, price reflects net initial yields of 7.45%

The property provides a self-contained retail unit arranged over ground, first and second floor levels, providing ground floor retail areas, with ancillary staff and storage accommodation on the upper floors.

EPC Rating: D90

LOCATION
Scunthorpe has a population of circa 76,000 and is located approximately 30 miles south west of Hull and 21 miles east of Doncaster. The town is located at the junction of the A1077 and the A159, 5 miles north of the M180, which links to the M18 at J5, 16 miles to the west of the Town Centre.

The property is situated in a prime location on the High Street, the town’s principal retailing thoroughfare.

The property sits adjacent to Primark, with other nearby occupiers including Sports Direct, Topman, Ernest Jones Jewellers, Superdrug, WH Smith, New Look, B&M Bargains and Poundland.

COVENANTS
Signet Jewellers Limited are the worlds largest retailer of diamond jewellery with over 3,600 stores globally.

In the UK the company trades under the brands H Samuel and Ernest Jones and has 510 stores.

TENANCY
The property is let to Signet Jewellers Limited trading as H Samuel on a 5 year reversionary lease expiring on the 18th November 2026 with a current passing rent of £35,000 per annum.

The lease is drawn on Full Repairing and Insuring terms.

PROPOSAL
The Freehold interest in the property is available at a price of £450,000

A purchase at this price reflects a Net Initial Yield after standard acquisition costs of 7.45%

VAT may be payable in addition to the purchase price.

However the Vendors will consider a sale of the property by way of a TOGC.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

VIEWING
To view the premises and for any additional information please contact the joint agents.

PUDSEY

Pudsey is a Market Town in West Yorkshire. Originally independent, it was incorporated into the City of Leeds Metropolitan Borough in 1974 and is located mid-way between Bradford and Leeds. Historically, in the West Riding of Yorkshire, it has a population of 22,408. The town was famous in the 18th and 19th Centuries for wool manufacture and from the 19th Century for cricket – Yorkshire and England cricketer Sir Len Hutton, Herbert Sutcliffe, Ray Illingworth and Matthew Hoggard all learnt to play in Pudsey!

The town benefits from a small railway station known as New Pudsey Railway Station and is on the main line between Leeds and Bradford Interchange, one of the major commuter routes in West Yorkshire.

LOCATION

The property occupies a central location, towards the eastern end of Lowtown, being close to its junction with Lidget Hill and at the junction with Manor House Street, which links from Lowtown to Robin Lane.

The parade is well positioned, close to a number of major occupiers including World Choice, Altons and virtually opposite the Wetherby Whaler. There are a large number of local occupiers nearby, restaurants and A5 take-aways. In the immediate vicinity is Bojangles Bar, The Pudsey Liberal Club, Funky Shake, Cuccina Pizzeria and The Pudsey Tavern. Pudsey Town Hall is approximately 50 yards to the east.

DESCRIPTION

The property comprises 4 x retail units, let predominantly to local occupiers but including a unit occupied by Scope with a new 10 year lease in place (break at year 5). Occupiers also include a florist, shoe repairer and a sandwich shop (now closed).

TENANCIES / RENTAL INCOME

The 4 retail units provide a total net income of £41,500 per annum. Unit 3 Lowtown is shortly to become vacant however, strong letting interest has been identified and we anticipate that this tenant will be replaced at the end of their lease in December (if not before) by a new tenant at the current passing rental.

A Schedule of Tenancies is attached. Further information available upon request.

RATING ASSESSMENT

Each of the units are assessed for Uniform Business Rates as follows:-

Address: 1 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £4,700

Address: 3 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £5,800

Address: 5 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £6,200

Address: 7 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £18,500

The Uniform Business Rate for 2018/2019 is 49.3 pence in the £.

PRICE

Offers are invited in excess of £500,000 for the freehold interest subject to the occupational leases. Subject to Contract.

VAT

The property is understood not to be subject to VAT and, VAT will not be chargeable upon the purchase price

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in the transaction.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Ratings for each property are:-

3 Lowtown – F – 135

Additional Energy Performance Certificates in relation to the remaining properties are commissioned.

PUDSEY

Pudsey is a Market Town in West Yorkshire. Originally independent, it was incorporated into the City of Leeds Metropolitan Borough in 1974 and is located mid-way between Bradford and Leeds. Historically, in the West Riding of Yorkshire, it has a population of 22,408. The town was famous in the 18th and 19th Centuries for wool manufacture and from the 19th Century for cricket – Yorkshire and England cricketer Sir Len Hutton, Herbert Sutcliffe, Ray Illingworth and Matthew Hoggard all learnt to play in Pudsey!

The town benefits from a small railway station known as New Pudsey Railway Station and is on the main line between Leeds and Bradford Interchange, one of the major commuter routes in West Yorkshire.


LOCATION

The property occupies an established retail location, fronting onto Lidget Hill, close to its junction with Church Lane/Lowtown and Robin Lane at the centre of Pudsey.

The main retail area is centred around this crossroads, being close to Pudsey Town Hall and nearby occupiers include National Westminster Bank Plc, HSBC Bank Plc, Yorkshire Bank etc. Nearby on Lidget Hill are Santander, Bloom Hearing Specialists, Co-operative Funeral Care, Specsavers and Ison Harrison Solicitors.

To the rear of the property is one of the major town centre car parks and further car parking is available on Lidget Hill.

DESCRIPTION

The property comprises a 2-storey block of retail and office units, situated in an excellent town centre location. The ground floor comprises a total of 6 retail units, incorporating tenants such as Yorkshire Building Society, St Gemma’s Hospice, Coral Racing and TCCT Retail Ltd. (Thomas Cook). Coral Racing have sub-let part of their unit to TUI Travel Agents.

The first floor is predominantly divided into two office areas, predominantly occupied by Broadhead Peel & Rhodes trading as BPR Heaton Accountants. The remaining upper floors being occupied with ground floor units.

TENANCIES / RENTAL INCOME

The property is currently let on 6 full repairing and insuring leases by way of service charge recovery, producing a total net rental income of £156,940 per annum. The income is well secured on a number of strong covenants, the vast majority of whom have been in occupation for a considerable period of time. Broadhead Peel & Rhodes are currently “holding over” pending the completion of a new lease agreement.

A Schedule of Tenancies is attached. Further information available upon request.

RATING ASSESSMENT

Each of the units are assessed for Uniform Business Rates as follows:-

Address: 19 Lidget Hill, Pudsey, LS28 7LG
Description: Shop, Office & Premises
Rateable Value: £19,000

Address: 21/23 Lidget Hill, Pudsey, LS28 7LG
Description: Bank & Premises
Rateable Value: £26,250

Address: 25 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £14,000

Address: 27 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £10,750

Address: 27A Lidget Hill, Pudsey, LS28 7LG
Description: Offices & Premises
Rateable Value: £24,750

Address: 29 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £14,500

Address: 31 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £11,250

The Uniform Business Rate for 2018/2019 is 49.3 pence in the £.

PRICE

Offers are invited in excess of £1,970,000 for the freehold interest subject to the occupational leases, reflecting a net initial yield in the region of 7.5% after usual purchasers costs. Subject To Contract.

VAT

VAT will not be chargeable on the sale.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in the transaction.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Ratings for each property are:-

19 Lidget Hill – E – 123
21 Lidget Hill – C – 66
23 Lidget Hill – C – 55

Additional Energy Performance Certificates in relation to the remaining properties are commissioned.

Freehold retail investment producing £45,000 per annum, prime High Street location next to Primark, Let to Betfred until January 2021, offers are invited over £400,000, price reflects net initial yield of 10.80%

The property provides a self-contained retail unit arranged over ground, first and second floor levels, providing ground floor retail areas, with ancillary staff and storage accommodation on the upper floors.

EPC Rating: D80

LOCATION
Scunthorpe has a population of circa 76,000 and is located approximately 30 miles south west of Hull and 21 miles east of Doncaster.

The town is located at the junction of the A1077 and the A159, 5 miles north of the M180, which links to the M18 at J5, 16 miles to the west of the Town Centre.

The property is situated in a prime location on the High Street, the town’s principal retailing thoroughfare.

The property sits adjacent to Primark, with other nearby occupiers including Sports Direct, Topman, Ernest Jones Jewellers, Superdrug, WH Smith, New Look, B&M Bargains and Poundland.

COVENANT
The Betfred Group Limited operate from nearly 1,700 shops in the UK and generated a turnover for the year ending 24/09/2017 of £634,474,000.

The company have a Creditsafe rating of 79/100.

TENANCY
The property is let to Betfred on a lease expiring on the 10th January 2021.

The current passing rent is £45,000 per annum.

The lease is drawn on Full Repairing and Insuring terms.

PROPOSAL
Offers in excess of £400,000 are invited for the Freehold interest in the property.

A purchase at this price reflects a Net Initial Yield after standard acquisition costs of 10.80%.

VAT may be payable in addition to the purchase price.

However the Vendors will consider a sale of the property by way of a TOGC.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

VIEWING
To view the premises and for any additional information please contact the joint agents.

An exciting opportunity to acquire an income producing investment with potential for significant rent increases and long term residential development potential (STPP). Located in an affluent and desirable area inside the M25, this former farm includes 17 industrial buildings and 1 large residential premises which take up just over 6 acres of the 115 acre site. At present there are 14 tenants occupying the site running various businesses, and a large detached residential bungalow measuring circa. 3,150 sqft; whilst the majority of the site is open fields and woodland. Of the 109 acres approximately 70% is open fields and 30% woodland. Whilst the current income is in the region of £170,000pa a number of the units are under-let, some are vacant and planning consent exists for one further unit to be built. It is our opinion that the site offers potential through active management for this income to be significantly increased. The site may be suitable for development, and would appear to offer potential as a large residential site (subject to planning permission).

The Willows comprises a single storey detached office in South Bristol, situated just off Queen’s Road in Withywood, South Bristol, a short drive from the A38 and the new south Bristol link road providing access into Bristol city centre and onto the national motorway network.
The Willows was comprehensively refurbished in 2013. The property provides exceptionally high-quality office and laboratory space.
Internally the specification includes:
- Multiple meeting rooms, kitchen and reception area
- Excellent natural light with a central skylight
- Air conditioning throughout
- Shower, Male & Female WCs
- Outside seating and terrace area
- Separate storage unit

The property comprises a mid-terrace corner retail unit which benefits from excellent roadside prominence on the A4311 (Moonrakers roundabout) which is the main link road from North Swindon into the town centre. Nearby occupiers include the Co-Op, Pizza Hut, Lloyds Pharmacy, KFC and Ladbrokes.

The property benefits from a 9.5m wide return frontage and includes a separate staff kitchen/break out area, WC and electric heating.
There is a public car park within a short walk of the property, which provides 23 spaces, all of which are free of charge for up to one hour. Charges apply there onwards.

Planning and Listed Building Consent has been granted for the construction of 3 residential townhouses to the rear of 84 St. Aldates and they will be the only homes located in Clarks Row.

Two of the townhouses are 2.5/3 stories and one is 4 stories. An illustration of the north elevation is provided within these particulars and the gross internal floor area of the three combined is approximately 4000 sq ft/371.6 sq m. Planning consent was originally granted in October 2013 under planning reference number 13/02103/FUL; planning consent was subsequently renewed under planning references 17/02029/FUL and 17/02030/LBC in August 2017.

Preparations prior to development have already been carried out including restoration of remaining historic timber elements, foundation design, historic building recording, archaeological researches and soil tests.

Further detailed information concerning the history and development of 84 St. Aldates and Clarks Row can be obtained by enquiry with the agents.

Mansell House is a well presented, self-contained two storey office building constructed circa 2000. The building provides open plan ground and first floor office accommodation with kitchenette and W.C. facilities. The property benefits from a secure gated yard and has approximately 11 on site car parking spaces with potential for additional with double parking. Offers in the region of GBP 597,000. The unit is available for sale on a freehold basis with vacant possession on completion, or the owner-occupier may be open to a sale and leaseback on terms to be agreed.



(From Caldes Software. Property Ref: N1351. Sep 20 2018 2:21PM)

The property comprises the ground floor of a prominent three storey, detached Grade B listed building. The upper floors are accessed via a spate entrance and are in residential use.

- The property is situated in the centre of the twon on Market Square.
- The property we understand has Class 2 planning use providing permitted change to Class 1 (Shops).
- The property has a 'G' rated Energy Performance Certificate.
- Closing Date set for Friday, 12th October at 12 noon

Fully-Let, High Yielding Investment Opportunity. - The property consists of a two-bay industrial unit measuring 20,476 sq ft of steel portal frame construction with brickwork to lower elevations and profile steel cladding to the upper elevations and pitched roof. There are two roller-shutter doors to the workshop areas with good height of 7.53 metres to the minimum eaves rising to 10.78 metres.

The unit is situated on a prominent, large site area of 1.27 acres providing generous yard and car parking facilities.

There is an additional 0.32 acre plot providing additional surfaced car parking.

Investment Considerations
? Fully-let producing a total income of £103,560 per annum gross.
? Income spread across 15 tenants well-established Tenants.
? Opportunity for organic rental growth with some Tenants secured at rental tones of £14 per sq ft.
? Medium term occupational leases allowing for a hold period with the opportunity to add value with proactive asset management through further renewals and re-gears.
? Longer term redevelopment opportunities of retail or office park afforded through prominent roadside situation and close proximity to the M4 Motorway, subject to planning.

Rare opportunity to acquire substantial freehold property in this popular and attractive Georgian market town. Substantial Grade II Listed property substantially improved and extended during our client's ownership providing ground floor sales approximately 1,3689sq.ft. Overall together with separate self contained flats, 1 x 3 beds, 1 x 1 bed. One flat is occupied to a long standing tenant on an Assured Shorthold Tenancy Agreement at £485 pcm. Viewing highly recommended

Situation
The property is situated on the banks of the River Deben within the new Whisstocks development. Deben Wharf comprises 3 commercial units, suitable for a variety of occupiers. Woodbridge Town Council will have a museum onsite and a boat shed with displays. The outside area will hold various events throughout the year. There are 634 car parking spaces close by.

Woodbridge is a very good demographic location with an increasing population in the local area. There are a lot of small to medium sized businesses in the town. The property is close to the Anchor Public House, The Table Restaurant, Riverside Theatre, Deben Swimmimg Pool, Adnams Wine Shop and the Railway Station with regular trains to Ipswich connecting to fast Inter-City services to London Liverpool Street.

Description
The property comprises a purpose built retail unit under newly constructed flats above as part of a group of 3 commercial units. The property has a concrete floor and block walls, and is finished as a double glazed shell unit, ready for the tenant to fit out.

Service Charge
There is a service charge levied on the property which is currently £1,808.01, which is payable by the tenant.

Terms
The property is available to let on new full repairing and insuring lease terms, for a term of years to be agreed, at a commencing rental of £42,700 per annum exclusive, or alternatively for sale on a virtual freehold basis by way of a 999 year lease at a price of £620,000 plus VAT.

FOR SALE / TO LET

Contemporary Office Building
51,355 sq ft (4,771 sq m)
with over 500 parking spaces.
Close to J6 M53

Potential uses:
- Hotel Complex
- Educational Facility
- Health / Fitness Centre
- Call Centre / Outsourcing Location
- Serviced / Co Working Offices
- Medical / Hospital Facility