Commercial properties for sale

• Attractive rural property close to the M74
• Excellent commuting distance and drive time to Glasgow
• Country estate and gothic mansion house of up to 48 Ha (119 acres)
• Consent for 165 residential units and a hotel
• Offers invited

• Freehold – 2013 retained façade development
• Opposite DLR Limehouse
• 11,366 sq ft.
• 18 Luxury high spec apartments - single let March 2023
• Restaurant & roof mast let 2033 & 2024 respectively
• Total net current income £356,850 p.a.
• Net Yield 4.70% & £625psf capital value

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

•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.

The property comprises two adjoining warehouse/industrial units of steel portal frame constructed in 2007. Two storage mezzanines have been installed in each unit, which are available by separate negotiation. The property benefits from:

*6.1m eaves height
*Full height electric loading door
*10 parking spaces
*3 phase power
*Less than 0.5 mile to A41

The property is situated on the south west side of Hemel Hempstead, within approximately 150 metres of the A4251 close to the Aldi store. The A41 is within 0.4 miles giving direct access to Junction 20 of the M25 (approximately 4 miles) and Junction 8 of the M1 is within 3 miles.

City Centre Development Site
Expressions of Interest

FOR SALE - 37 acres of woodland adjoining Wokingham RG41 4SP

60m frontage to Bearwood Road

Within 7km mitigation zone for Thames Basin Health Special Protection Areas

Potential for SANG use (STPP)

A unique opportunity to acquire a site suitable for a range of uses including residential (STP)

• Site extends to approximately 0.44 hectares (1.09 acres)
• Positive pre-application letter for 6 dwellings
• Information Pack available
• For sale by Private Treaty
• Price on Application

Description
The offices comprise converted traditional agricultural buildings which have been fitted out to a high quality. Features include Cat 5 cabling and individual patch panels, LG3 lighting, comfort cooling/heating, disabled lifts to first floor accommodation, carpet tile floor covering. There is generous car parking allocated to the units.

Tenure
Units 1 & 2 are let to NFU Mutual Insurance Society Ltd at a rent of £38,784 p.a.x. on a 15 year lease expiring in March 2021.
Unit 3 is under offer to Funeral Safe Ltd at a rent of £27,504 p.a.x. on a 5 year lease expiring 2023.
Unit 4 is let to Porterhouse Building Services Limited at a rent of £8,100 p.a.x. on a 5 year lease expiring 2023.
Unit 5 is let to Ipswich 102 Ltd on a 12 year lease for £13,250 for years 1&2 rising to £13,750 p.a.x.
Unit 5A is let to Exquisite Homes Limited at a rent of £9,512.50 p.a.x. on a 5 year lease expiring 2023.


Accommodation (all areas are approximate)
Units 1 & 2 308.98 sq m 3,326 sq ft
Unit 3 212.93 sq m 2,292 sq ft
Unit 4 60.20 sq m 648 sq ft
Unit 5 102.19 sq m 1,100 sq ft
Unit 5A 70.7 sq m 761 sq ft
Total Floor Area 755 sq m 8,126 sq ft

For Sale - Freehold Shop - May Suit Other Uses (STP)
The property is situated within a predominantly residential area on the northern side of the A264 Langton Road.
Double fronted retail showroom arranged over ground and first floors with attic stores and parking / land to the rear.

End-terraced retail unit with hot-food consent

Located within the Robroyston area of Glasgow that continues to benefit from significant inward investment with works now underway on a new railway station and 1,600 new homes just north of the subjects

Eligible for 100% rates relief available under the Small Business Bonus Scheme

No VAT on rent / purchase price

See Details.

• Detached hall with off-street parking
• Picturesque village location
• Available immediately
• D1 Planning Use – suitable for nurseries, community centre, etc

A3 restaurant of apprx 2141 sqft, seat 80 covers. situated adjacent to clock tower at Berkeley Crescent.
New FRI lease will be negotiated which will incorporate a premium of £60000 for goodwill, furniture and effect

Hawthorne and Strathmore are modern detached high quality office buildings providing excellent open plan office accommodation.
( Agency Pilot Software Ref: 2042084 )

A single storey former NHS Clinic (Use Class D1) with potential for redevelopment/conversion STPP

Location

The property occupies a prominent position on the south eastern side of Grove Road, in a predominantly residential location within the popular and sought after Reading suburb of Emmer Green.   The major regional town of Reading with its multiple facilities including the Oracle Shopping Complex and Reading Railway Station which provides direct services to London Paddington lies approximately 2 miles to the south.   From December 2019 the £14.8bn Crossrail service (Elizabeth line) will depart from Reading Railway Station twice an hour (four an hour at peak times), providing direct services through the city of London to Shenfield, with Bond Street accessible in under one hour. Crossrail will deliver cutting edge, high capacity trains which will help reduce overcrowding at peak times and provide a cleaner, more environmentally friendly rail service into central London. Junction 11 of the M4 motorway and the A329(M) lie approximately 5 miles to the south and 6 miles to the south east respectively. The immediate vicinity provides a mix of two storey semi-detached houses and a three storey block of flats. A Co-Operative food store, St. Barnabas Church and Emmer Green Primary School are also located nearby. Please refer to the location plan within the particulars of sale.

Additional Details

Description

Please refer to the Ordnance Survey Extract Plan within the particulars of sale which shows the approximate boundaries of the property edged in red.

The property comprises an almost rectangular shaped site containing a single storey former NHS Clinic (Use Class D1 (Non-residential institutions)) with part brick/part wooden panel elevations under a part pitched tiled and part flat bitumen covered roof. The remainder of the property provides approximately 8 car parking spaces, a small rear lawn garden and a small detached temporary outbuilding.

Internally the property provides for a central corridor leading to 8 separate treatment rooms/offices, male, female and disabled WCs and a kitchen. The specification of the building includes gas fired central heating, painted and plastered walls, carpeted and linoleum flooring, suspended ceilings and UPVC windows.

The property is bordered by Grove Road and public open space at its northern boundary, a three storey block of residential flats at its eastern boundary, an electricity substation at its southern boundary and two storey semi-detached dwellings at its western boundary.

The site is largely contained by post and wire fencing apart from at its northern boundary which is open to Grove Road, with a dropped curb.

Vehicular and pedestrian access to the property is from Grove Road.

The total site area is approximately 0.06 hectares (0.15 acres).

The current building has a Gross Internal Area of approximately 135.84 sq. m (1,462 sq. ft.).

Please refer to the photographs of the property within the particulars of sale for further information.

Tenure

The property’s freehold interest is held under Registered Title No. BK319899. The property will be sold with full vacant possession given on completion.

Rating

The Clinic is shown in the Valuation List as having a Rateable Value (RV) of £6,400.

Energy Performance Asset Rating

Assessment rating - TBC.

VAT

We understand that the property is not elected for VAT.

Planning

Pre-Application planning advice has been sought from the Local Planning Authority, which is due to be received before the deadline for offers. For an update please contact the sole agents, Haslams.

The Pre-Application Submission includes an indicative Site Layout Plan and Schedule of Accommodation which provides for 2 no. 1 bedroom flats and 2 no. 2 bedroom flats. These documents are included within the Technical Information Pack.

The lawful planning use of the existing building falls within Use Class D1 (Non-residential Institutions) of the Town and Country Planning (Use Classes) Order 1987.

The site has no recent planning history, however having regard to local and national planning policy, we believe that it could hold potential for some form of redevelopment subject to obtaining planning permission.

Any planning related queries should be directed to the Local Planning Authority:

Reading Borough Council
Civic Offices
Bridge Street
Reading
Berkshire RG1 2LU

Telephone: 0118 937 3787
Web: www.reading.gov.uk

Services

We are advised that mains electricity, gas, water and drainage services are connected to the property. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services. 

Disposal

Please refer to the particulars of sale for further details on the Disposal method.

Technical Information Pack

A copy of the technical information pack is accessible via our Data Room.  Login details are available upon request.

Viewing And All Other Enquiries

Please refer to the particulars of sale for the block viewing dates.

VIRTUAL FREEHOLD

Location

The property is located occupying a prominent position in the heart of the professional quarter, and within the Cathedral Conservation area. Directly opposite are the grounds to the Cathedral, and there are two NCP multi-storey car parks within 300 metres. The property is within a very short walk of the main retail area on Fargate/High Street.

Description

A four storey structurally detached self-contained building totalling approximately 6,210 sq ft net internal. There are two ground floor entrances, the right hand entrance leading to an impressive reception area, whereas the left hand entrance leads to the main staircase and the passenger lift. The accommodation has the benefit of suspended ceilings, comfort cooling, and perimeter trunking.

Accommodation

|     |  Sq M  |  Sq Ft |
|  Ground Floor  |  128  |  1,378 |
|  First Floor  |  148  |  1,593 |
|  Second Floor  |  145  |  1,561 |
|  Third Floor  |  156  |  1,678 |
|  Total  |  577  |  6,210 |

 

Planning

Planning permission has recently been granted conditionally for the following proposals: 1.) Use of office building (Use Class B1) as 24 no. apartments (Use Class C3). Reference: 18/02722/ORPN. Decision date: 5th October 2018. 2.) Use of ground floor as residential amenity space, single storey extension and alterations to roof to form terrace, installation of living wall and replacement ground floor windows to front elevation. Reference: 18/03/175/FUL. Decision date: 10th December 2018. Interested parties should make their own enquiries of Sheffield City Council Planning Department.

Tenure

The property is part freehold and part leasehold for the residue of a term of 450 years from 1742 at a fixed nominal ground rent. The ground rent has not been demanded in living memory. The property is therefore a virtual freehold.

Price Required

Terms on Application. Please note VAT will be levied on the purchase price at the prevailing rate.

Prime Middle Gate location
Three retail units producing 53,000 p.a.
Adjacent to Fat Face and opposite Boots
8% net initial yield
Offers invited in the region of 630,000

Prominent Freehold Site with potential for suitable uses such as drive thru/drive to subject to planning
( Agency Pilot Software Ref: 21333 )

Comprising new office accommodation over ground and first floors. Forming part of a boutique mixed-use development the oces will be finished to a full Cat. A specification. Private garden situated on the ground floor.
For sale by way of long leasehold (tenure 999 years) or To Let. Freehold available by separate negotiation. Due for completion Autumn 2018.

Further details available upon request.
( Agency Pilot Software Ref: 1906 )

Prominent, town centre property, consisting of a former Bank and Public House, Ground and First Floor Offices, Residential Apartment and two adjacent car parks. Forming a desirable opportunity for acquisition for owner occupiers, investors and developers alike.
( Agency Pilot Software Ref: 103715 )

The unit occupies the ground floor office accommodation of the stand alone building to the left of the highly secure gated one way entrance, which is controlled via a key pad entry system. The office itself is a two storey brick construction, with both fire and security alarms, accessed via a shared entrance with the office directly above. The unit is fully double glazed, with electric heating, Category 5 cabling throughout, two shared WCs and a shared kitchen on the first floor. The unit also benefits from 3 specific car parking spaces and the permits associated, although there are plenty of excess visitor parking spaces available around the development.

( Agency Pilot Software Ref: 459 )

The subject property comprises a mid terrace building built of traditional brick and part flint construction under a pitched pantiled roof. The property has been amended over the years to provide a ground floor shop, with access to the side leading to an attractive four bedroomed maisonette arranged over ground, first and second floors.

The shop is let as a beauty salon, which has a display window to Yarmouth Road and is under a flat roofed front extension. This opens into a larger trading area which is fitted out with hairdressing stations and a rear consulting room.

The residential accommodation is accessed through a door from Yarmouth Road leading to an attractive courtyard leading to a hall/utility room. There is a rear WC. This then leads to a large and spacious kitchen/diner with extensive window to the rear garden and from this area there are stairs to the first floor. A living room, overlooking the river green, a front bedroom, two rear bedrooms and a bathroom. On the second floor, accessed via stairs from the living room is a fourth bedroom.

Externally to the rear there is a large garden, with separate access via a garage from the side loke.

( Agency Pilot Software Ref: 334883 )

The property comprises a detached four storey former dwelling house, probably built in the late 19th Century of brickwork construction, with pitched tile covered roofs. The majority of windows are the original timber framed single glazed, double hung sashes and vertical blinds, but there are timber framed double glazed ‘Velux’ style windows at second floor level.

The accommodation is arranged to provide offices on ground, first and second floors, together with basement storage. The ground floor comprises a front hall and central corridor, off which are two smaller offices and one larger open plan office, in addition to a kitchen and WC (disabled). Stairs lead to the first floor landing and corridor, off which are a further four offices and a WC. The stairs also lead up to the second floor landing and corridor, off which are two offices, a WC and a store room. The basement is separately accessed from an external door and comprises several interconnected store rooms.

In general, the offices have carpeted floor coverings with emulsion painted walls and ceilings with surface mounted fluorescent lighting. A gas fired central heating system heats the ground and first floors whilst the second floor office has electric wall heaters. The kitchen has fitted units including a stainless steel sink.

There is a tarmacadam surfaced car park with approximately 16 spaces accessed from Heathville Road.

Please find Informal Tender Document in downloads.

For Sale by Informal Tender. Closing date for tenders by 12PM on 31st January 2019.

The property has an Energy Performance rating of E-110. Certificate Ref. No. 9478-3016-0986-0200-9305.