Commercial properties for sale

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.

Approx 4654 SqM (50,000Sq Ft) on 0.73 ha (1.8 acres)
Prominent seafront Location

- Suitable for refurbishment/development (STP)
- Scope for leisure/residential
- Freehold

Western House is an office property arranged over ground and two upper floors. The property comprises a front section which is Grade II listed originating in the 17th Century and more recent extension to the rear, assumed to have been added during the early 1970's. There is onsite parking for circa 14 vehicles.

The 17th Century section is of traditional masonry construction under a pitched tiled roof and the rear extension assumed to be of brick and/or block construction beneath a pitched roof. In the main, the office suites have comfort cooling units, carpeting, perimeter trucking and suspended ceilings with insert lighting units.

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.

HAMPSHIRE – NEW FOREST DEVELOPMENT OPPORTUNITY

SMITH BRADBEER LIMITED IS INVITING MAJOR DEVELOPERS/ CONTRACTORS/INVESTORS TO EXPRESS INTEREST IN BECOMING THE PARTNER(S) IN DEVELOPING 3 MAJOR SITES TOTALLING 1 HA IN THE CENTRE OF THE AFFLUENT COASTAL TOWN OF NEW MILTON

• Excellent links to Bournemouth Southampton & London
• Freeholds held by Smith Bradbeer Limited
• All appropriate user classes considered including over 15,000 m2 of residential / care accommodation with up to circa 7,500 m2 of retail, subject to planning approval
• Development timescale likely to begin Q1 2021
• Potential for 100+ apartments
• Gross Development Value £50m+
• Positive engagement with Local Planning Authority
• Smith Bradbeer Limited to retain presence on part of the site
• Partner(s) sought with vision, commitment and finance
• Stage 1 expressions of interest sought by 2nd November 2018

FREEHOLD DEVELOPMENT OPPORTUNITY FOR SALE WITH PLANNING CONSENT FOR 41 PRIVATE UNITS

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

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

Speirs Wharf dates back more than 200 years and comprises a prominent B-Listed warehouse building which was comprehensively redeveloped in 1993 to provide a mix of residential and business accommodation.

The subjects comprise the fi rst fl oor and mezzanine office accommodation within a 7 storey terraced blond sandstone building, under a pitched, timber framed and tiled roof construction.

The offices provide modern, high quality accommodation including the provision of comfort cooling, as well as high quality fi nishes. The suite is generally open plan, with a boardroom, staff breakout/kitchen area and both male and female toilet facilities.

The subjects comprise a modern former nightclub building constructed in breezeblock with single pitched metal roof. The original building has been sub-divided into three separate areas. The gym occupies the northern most unit.

The subject site comprises of an L shaped piece of land which is currently being used as a car park. The site itself runs parallel to Hunterfield Road and provides an excellent opportunity to develop for a variety of uses subject to planning. The adjacent site (outlined) also provides a future development site however is in separate ownership.

The subjects comprise a modern first floor Office/Studio.  The gross internal floor area extends to approximately 94 sq m (1013 sq ft) or thereby.



 

The property comprises a modern stand-alone industrial facility of steel frame construction with shared yard. Internally the premises provide open workshop / industrial accommodation with a minimum eaves height of 5.6m rising to 8.7m under a pitched and clad steel roof which benefits from translucent roof panels. The warehouse benefits from two electrically operated vehicle access doors with separate pedestrian access to the front, side, rear. The unit also benefits from extensive office space over ground and first floors comprising of various sized offices, training room, storage rooms, kitchen, WCs and shower facilities.

The property comprises a ground floor retail unit forming part of a traditional 4 storey tenement building under a pitched and concrete tile clad roof.

Externally the unit benefits from a highly prominent corner location on the corner of Albert Road. There is on street parking immediately outside the premises.

Internally the property is fitted out in line with its former use as a, funeral directors with reception area, offices and staff accommodation. The unit is well presented internally, would suit an office type occupier and is available for immediate occupation.

The property comprises a ground floor retail unit forming part of a traditional 4 storey tenement building under a pitched and concrete tile clad roof.

The unit has been extended to the rear by way of a single storey brick/block construction under a flat bitumen felt clad roof.

The unit benefits from a prominent location close to the junction of Duke Street, with ample on street parking immediately outside the premises.

Internally the property is fitted out in line with its former use as a, funeral directors with reception area, offices and staff accommodation. The unit is well presented internally, would suit an office type occupier and is available for immediate occupation.

The subjects comprise a ground and basement level retail premises forming part of a larger four storey sandstone building under a pitched and slate clad roof. The upper floors are currently vacant however the remaining ground floor space is occupied by a restaurant.

The subjects comprise the ground floor of a two storey building of stone construction, rendered externally under a pitched and tiled roof.

The site is currently occupied by a singlestory stone-built property held under a pitched and slated roof, situated on a site of 0.07 acres.

Internally the property offers predominately open plan accommodation with offices, kitchenette and WC facilities. The property also benefits from a private secure garden to the rear.