Commercial properties for sale

EXPRESSIONS OF INTEREST SOUGHT

Prominent location within Colchester’s main business park, with excellent access to road and rail infrastructure
and benefitting from both business and leisure facilities nearby.

In submitting an expression of interest parties should provide sufficient information that the viability of any proposal can be assessed, including potential planned uses and details of funding.

FOR SALE FULLY REFURBISHED GRADE A OFFICE SPACE

21889 SQ FT AVAILABLE

128 PARKING SPACES (1:171SQ FT)

M6 MOTORWAY FRONTAGE

* 8.22 acres (3.3ha)

* Detailed planning consent for 345 residential units

* Town centre development

* 0% on site affordable housing

* Potential Build to Rent opportunity

* Excellent transport links including 125 metres from East Coast mainline station

* 47 minutes via train to London Kings Cross

* 20 minute drive to Cambridge

The existing property is a 3 storey building comprising a pub across basement and ground floor level and a 23 room Hotel across first and second floor extending to 10,200 sqft GIA.

The property is located on Woolwich Road and is approximately a 2 minute walk from Charlton Overground Railway Station which provides services into London Bridge in 22 minutes.

The building is situated on a landmark corner plot and is a 2 minute walk from Charlton Athletic Football Club (The Valley) with seating capacity for 27,111 and hosting regular matches.

Planning permission was granted in August 2017 for 8 x flats and 2 x commercial units. Planning reference: 15/2272/FUL.

Planning permission has been submitted utilising the same massing as the approved residential scheme for the conversion of the existing hotel and construction of a third floor to create a 60 room hotel and retention of the original pub at ground floor level. Planning reference: 18/2673/F.

The proposal involves conversion of existing hotel with side extension and erection of an additional floor to accommodate 60 hotel rooms. At ground floor level the public house will be refurbished, with the smaller function room being converted into additional hotel rooms. The remaining ground floor will comprise 12 x rooms . There will be 17 x rooms at both first and second floor and 14 x rooms at roof level.

The proposal will extend to 17,771 sqft GIA.

We are aware that the existing hotel charges a blended rate of £60 per night giving the hotel an ERV of c. £503,000 pa. Based on Comparable evidence we are of the opinion that the 60 unit scheme finished to a good specification would be able to achieve a blended rate per night of £120 giving it an ERV of £2,628,000. (this is based on 100% occupancy).

The property is available freehold with vacant possession.

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

•Prime Development Lands of c.7 acres with short-term income of £210,000 per annum.

•Boucher Road is the premier ‘out of town’ retail warehousing, trade counter and car show room district in Northern Ireland.

•One of the few sites in the Boucher area with no ground rents payable.

•Offers invited in the region of £8,500,000.

On behalf of the City and Guilds of London Institute Daniel Watney and Savills are delighted to be marketing the long leasehold interest in 1 Giltspur Street, London, EC1. Occupying a prominent position in the heart of Midtown, the building offers 23,805 sq ft of recently refurbished offices arranged over lower ground, ground and four upper floors.

The building is held long leasehold from the City of London for a term of 150 years from 24 June 1991 (approximately 123 years left unexpired) at a head rent equating to 7.5% of rack rental value. Vacant possession will be provided no later than 31st August 2019. Should completion of the transaction occur prior to this date the vendor will remain in occupation on terms to be agreed.

We are instructed to seek offers in excess of £17 million subject to contract and exclusive of VAT, for the long leasehold interest, reflecting a low capital value of £714 per sq ft.

3.2 ACRE MAJOR REDEVELOPMENT OPPORTUNITY OPPOSITE DEVONPORT DOCKYARD

• Site suitable for various uses (STPP)

• Unconditional and conditional deals considered

• Existing GIA of 11,397 sq m (122,682 sq ft)

• Site area of 1.29 hectares (3.2 acres)

LAND AND FORMER CARETAKER’S PROPERTY AT DE STAFFORD SCHOOL, CATERHAM SURREY, CR3 5YX

On behalf of de Stafford School, Caterham. Prime Plots Education is delighted to seek proposals (subject to planning) for the sale & potential redevelopment of:

• Lot 1: Property on 0.133 of an acre (0.054ha) : Guide Price £450,000

• Lot 2: Land 0.806 of an acre (0.326ha) : Guide Price £750,000

• The Whole: 0.935 of an acre (0.378ha) : Guide Price £1,200,000

A sale to provide new sports facilities for the school & community

CLOSING DATE : WEDNESDAY 28 NOVEMBER 2018 BY 12 NOON

REFURBISHED BUSINESS UNITS WITH GROUND FLOOR WAREHOUSE/STORAGE AND FIRST FLOOR OFFICES WITH AMPLE PARKING.

Located within a well established premier West London business area, the Courtyard Buildings comprise a mixture of storage/production space on the ground floor with offices on the first floor.

The units benefit from three phase power, gas central heating, electric loading doors, separate pedestrian entrance, estate security, male and female WCs and good car parking provisions.

REFURBISHMENT

Internally, a schedule of works is currently being undertaken to provide shell space on the ground floor and refurbished offices on the first floor. The space is available either as individual units, with units combined, or even as a whole.

Accommodation:
Ground Floor: 15,411.00
First Floor: 17,770.00
Total: 33,181.00

The Courtyard Buildings are located within New Horizons Court on Ryan Drive, in close proximity to the Great West Road (A4) in Brentford. Junction 1 of the M4 motorway is approximately 2.7 miles from the property and provides good access to the M25 motorway and wider motorway network.

The estate is approximately 9.5 miles from Central London and 6.8 miles East of Heathrow Airport. Syon Lane Mainline Station is approximately 0.5 miles away which provides access to London Waterloo in approximately 35 minutes.

LEASEHOLD
A new FRI lease is available for a term to be agreed.

RATES
All applicants are advised to make their own enquiries through the London Borough of Hounslow billing authority.

SERVICE CHARGE
Approximately £0.75 psf.

VAT
VAT is applicable in addition.

LEGAL COSTS
Each party to bear their own legal costs.

VIEWING
Strictly through prior arrangement with joint sole agent Vokins.

PLEASE SEE BROCHURE FOR DETAILS

This modern office building has been fitted out to a high specification with suspended ceilings and raised floor for ease of access to internet & electrical connections. The premises benefit from a kitchen and male, female & disabled toilet facilities located on both floors.

Externally there is car parking for 14 no. spaces allocated to the unit.

Location
The property forms part of an established and popular trading/industrial estate on the eastern side of South Street, close to Jewson Builders Merchant. Romford Train Station providing a service to London (Liverpool Street) in approximately 19 minutes and the Town Centre are less than 1 mile away,. The A12 is less than 2 miles distant.

The property
An end terrace new build unit providing ground floor industrial/warehouse area with loading door, open plan interior and store/wc to the side. The first floor comprises open plan offices, together with kitchen and two toilets.

Externally there is parking for 3/4 cars and loading/office access doors.

• Ground floor eaves approx 3.0m
• 3-phase electricity
• Double glazing
• Office specification:
• Electric wall mounted heating
• Raised floor
• Suspended ceiling with recessed LED lights

Accommodation
Measured in accordance with the RICS Code of Measuring Guide the approximate gross internal floor area is:
Ground floor. 1,687 sq ft 156 sq m
1st floor 1,645 sq ft 152 sq m
Total 3,332 sq ft 308 sq m

Terms
Virtual freehold for sale – 99 years at a peppercorn ground rent.

Figures
Offers in the region of £625,000.

Business rates
In the process of being assessed.

Legal costs
Each party is to be responsible for the payment of their own legal costs.

EPC
An EPC is in the process of being prepared.

Agent’s Note
All figures quoted are exclusive of Vat. No warranty is given in respect of the current planning use. None of the amenities or fixtures and fittings have been tested.

Enquiries/viewing
Please contact sole agents Branch Associates on 01708 860696 / 07775 804842 or email: jb@branchassociates.co.uk

Industrial Property Investment for Sale *Let to one Long Term Tenant*

The property comprises a detached industrial building which offers a rare 50/50 split between offices and warehouse/industrial space. The industrial area has eves height of approximately 18'. To the rear of the premises there are two storey offices, which are air cooled and were refurbished back in 2006. Suspended ceilings with category II inset lighting within the office areas, a fitted conference room, staff kitchen facility and toilets to both floors.

Offers in the Region of £875,000 for the ground lease interest which has approximately 78 years remaining and the ground lease has a peppercorn of £10 per annum. The premises are not elected for VAT.

Superbly located, quality retail premises within the Cathedral Quarter. Ground floor retail space of 1,462 sq. ft. / 135.9 sqm. Additional ancillary accommodation situated over three floors, extending in total of 5,305 sq. ft. / 492.9 sqm.

The site totals approximately 2,366 ha (5.85 acres). Freehold property. Redevelopment potential. Offers invited.

- Situated on Station Approach, an established commercial area forming part of Munro Ind. Estate.
- Via the road network, benefits from its close proximity to M25(J25), the A10 and M11.
- Lies immediately adjacent to to Waltham Cross railway station.
- Provides fast and regular services into London Liverpool station in 27 minutes.
- Waltham Cross is a small market town in South East Hertfordshire located adjacent to the M25.

Superbly located, quality retail premises within the Cathedral Quarter. Ground floor retail space of 2,154 sq. ft. / 200.1 sqm.
with ancillary space of 765 sq. ft. / 71.1 sqm. Additional first floor space of 2,540 sq. ft. / 236 sqm. and second floor space of 2,045 sq. ft. / 190 sqm.

Former Filling Station site within Helmsdale comprising hardstanding with kiost and fuel pumps still in place. Planning in place for a new filling station or alternatively the site present a redevelopment opportunity prominently located on the main A9 North Trunk Road and is also on part of the North Coast 500 popular tourist route.

Site area of circa 7.5 acres (3 ha)

Conditional offers invited for the freehold interest, subject to receipt of planning consent

The property comprises of a two storey end terraced building of solid brick construction with rendered elevations under a pitched slate roof.

The property comprises of a Grade II listed detached building. Internally, the property has been fitted out as a banking hall with a small counter space, interview room and office space to the front of the premises. The accommodation has painted plastered walls, carpet and strip lighting. Storage rooms, staff facilities are located to the rear. The property benefits from gas fired central heating.

- Externally, there is a small rear grassed area but no parking and relies on street parking

The site, which fronts Eyebury Road, is mainly level, rectangular in shape and currently used for agriculture.
It has an approximate area of 5.43 acres (2.2 hectares).

Glastonbury, Somerset - detached office building within short walking distance to the High Street. Ideally suited to a wide range of alternative potential uses, subject to obtaining the necessary consents. �230,000

* 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 )

Swadlincote Gateway is located with frontage to William Nadin Way on Tetron Point in Swadlincote, Derbyshire. Tetron Point is a popular, modern business park situated between the town centre of Swadlincote and the A444 being less than one mile from each. It is the town's principal business park.
( Agency Pilot Software Ref: 1602 )

LAND NORTH OF ASHBY ROAD, TAMWORTH, STAFFORDSHIRE B79 0AA

An opportunity to acquire approx. 5.53 hectares (13.66 ac) of residential development land with outline consent for up to 180 dwellings.

Adjacent to Tamworth and only 14 miles to the centre of Birmingham with excellent accessibility to the train station and motorway network.
Tamworth has a full range of facilities including schools, hospital, leisure centre and other amenities.

Edge of town location.


TO BE SOLD AS A WHOLE BY INFORMAL TENDER WITH BIDS BEING SOUGHT BY 13:00 ON FRIDAY 15th FEBRUARY 2019, PREFERABLY ON AN UNCONDITIONAL BASIS.
( Agency Pilot Software Ref: 4202 )