Commercial properties for sale

THE OPPORTUNITY

A 3.56 acre waste transfer station that presents a rare opportunity for a sale and leaseback with redevelopment potential from 31st March 2021 onwards, once the leaseback expires. In addition the existing buildings could be refurbished and the balance of the site developed. Vacant possession could be offered earlier by mutual agreement.

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

• Grade II listed Manor House providing approximately 8,714 sq ft (810 sq m)
• Former residential care home with a site area approximately 3.59 acres (1.45 ha)
• Suitable for alternative uses including residential subject to planning
• Close to A11 and market town of Mildenhall
• 3D virtual tour available on our website

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.

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

WEST STREET, CROYDON

LOCALLY LISTED CHAPEL FOR SALE

APPROX. 3180 SQFT INCLUDING GALLERY

D1 COMMUNITY USE

PRICE GUIDE £575,000 FREEHOLD

(ADJOINING COTTAGE AVAILABLE BY ARRANGEMENT)

FOR SALE

A 410 Sq M (4,421 sq ft) modern detached former training college on a large plot situated close to Warminster Town Centre.

Suitable for alternative uses, subject to planning permissions

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

Town Centre Location
Potential For Sub-Division
Hot Food Consent Granted
Dedicated Yard / Parking
2,568sq ft
£29,000p.a.
Freehold Price on Application

Location

The subjects are situated on the West side of Union Street in Larkhall recessed from the B7078 which is the main thoroughfare through Larkhall itself. Larkhall is situated within the South Lanarkshire district approx 1.4 miles South East of Glasgow City Centre. The town centre is accessible via the M74 motorway along with a variety of public transport links via road and rail to Hamilton, Motherwell, Glasgow and Airdrie.

Neighbouring occupiers include Well Pharmacy, Co-Operative Food, Subway & B&M Home Bargains.

Subjects

The subjects comprise an extensive single storey former bank in an end terrace position within a prominent retail parade of traditional construction surmounted by a flat roof. The subjects benefit from extensive frontage with access via a DDA compliant automatic door leading to an open plan former banking hall with partitioned offices, staff facilities, strong room and w.c. facilities. Internally the subjects have been painted and decorated in accordance with the former occupier corporate colouring with floors having been overlaid by commercial grade carpeting and laminated timber. Lighting is provided by way of ceiling mounted fluorescent strips with heating provided via wall mounted electric heaters.
The subjects also benefit from a dedicated car park to the rear accessed via a lane to the gable end of the demise providing parking for 4 no. vehicles.

The subjects would lend themselves to a variety of alternative uses, restaurant*, retail*, medical*, showroom*, nursery*.

Area

The subjects have been measured on a Net Internal Area basis and have been calculated to extend to;

Ground: 238.57sqm (2,568sq ft)

NAV/RV

The subjects have been assessed and entered onto the valuation roll with the following NAV/RV;

£16,500

The subjects qualify for a discount under the Scottish government small business rates relief scheme, an incoming occupier would be entitled to apply for a rates appeal. Any party should satisfy themselves in respect to appeals and rates liabilities.

Proposal

The subjects are available on a new full repairing and insuring lease for a negotiable term for £29,000per annum. Our client would consider disposing of their freehold interest, price available on request.

V.A.T.

The subjects have not been elected for V.A.T.

E.P.C.

Available on request.

Viewing

By appointment via the marketing agents. For the avoidance of doubt, the cash machines have since been removed.

Legal

Each party shall bear their own legal costs incurred in the transaction

Industrial Workshop / Warehouse with offices and parking. Loading door access.

The unit comprises a modern purpose built 2 storey business unit. Salient features:-

*Ground floor comprises storage area, offices, kitchen & WC
*To the first floor there are further office areas
*Benefits from suspended ceiling with concealed lighting to first floor
*Heating via a gas fired radiator system
*Access via double glazed personal door
*Double loading door to the storage area
*On site parking
*River views

( Agency Pilot Software Ref: 1918 )

( Agency Pilot Software Ref: 1616 )

The premises are in a good, mixed commercial and residential location on the A4020 Uxbridge Road, The property comprises a three-storey retail and residential building fronting the Uxbridge Road, Hayes, and consisting of three lock-up shops let on commercial terms and 6 no flats each 'sold off' on long-leaseholds with currently approximately 61 years unexpired.

Active management possibilities exist for improving the commercial rents at forthcoming reviews in 2021/22 and for the sale of longer residential leases or buying in flats at a discount to market due to the short terms remaining.
( Agency Pilot Software Ref: 171 )

SW17 7EW-Lucrative, well sought and prime location. We have to offer in the heart of Tooting along the A24 Upper Tooting Road a privately owned A3 restaurant with over 45 seating capacity. Premium applies

High street location
A3 restaurant with over 45 seats
Alcohol licence
Running business
25 year lease
low rent of £19,000 per annum compared to any A3 in the area
premium: £250,000 includes all fixture and fittings
Available immediately.

Viewings only no pictures or floor plans will be available due to strict confidentiality.

The property comprises of a four storey terraced office under a pitched tiled roof. The accommodation comprises of a ground floor reception, rear office with w/c facilities and rear store / meeting room. The first and second floor is configured whereby there is an office to the front and the rear of the property with the third floor historically being utilised as archive storage and has the potential to be utilised for further office space. The property benefits from a lot of the period features with the property being suitable for owner occupier or investor / developer.
( Agency Pilot Software Ref: 9327 )

Ground Floor Commercial Unit 212 sq m (2,285 sq ft)
FOR SALE
( Agency Pilot Software Ref: 3092 )

An excellent opportunity to occupy or acquire this doctors surgery with development potential (subject to planning).
( Agency Pilot Software Ref: 103765 )

Duxburys Commercial are delighted to offer for lease this 26 Bedroom Licensed Hotel and Restaurant which is situated on the prestigious North Promenade, being close to Gynn Square and Town Centre. This substantial seafront property is in lovely order throughout and needs to be viewed to be fully appreciated.The Hotel is fitted out to a very high standard throughout and the extensive and high quality inventory is included in the sale.

( Agency Pilot Software Ref: 5822 )

Existing Offices with Prior Approval to convert into four self-contained 1-Bed flats.
( Agency Pilot Software Ref: 265 )

The property is located at the end of a terrace and comprises of warehouse/production/storage and office space on the ground floor with additional offices at first floor.

May sell - price on application.
( Agency Pilot Software Ref: 9992 )

The property offers accommodation on basement, ground and three upper floors. The Basement and Ground Floor are occupied by Music Matters as a retail shop and the three Upper Floors have been comprehensively refurbished and provide 5 apartments. The Retail Premises have an ITZA of 570 sq ft.

( Agency Pilot Software Ref: 1310 )

Former office premises situated just off Cromwell Road and adjacent to Hobsons Playground and Allama Iqbal Community centre. Planning consent for B1 use but considered suitable for a variety of uses including D1 and D2 uses, as well as potential for residential conversion (subject to planning). Large car park to front with spaces for 22 cars. Property to be sold freehold with vacant possession on completion. PLEASE NOTE there is NO VAT PAYABLE on this property.
( Agency Pilot Software Ref: 16606 )

Number 61 is located on the ground floor of traditional Victorian property dating from 1877, which we understand was originally part of a malthouse development. The subject property enjoys direct frontage onto Mortlake High Street.

The property measures circa 857 sq. ft. (79.7 sq. m) GIA.


TENURE
Each property is available to purchase on a ‘virtual freehold’ basis; namely on a 999-year lease from 24 March 2000 at a peppercorn rent.

SALE PRICE
£470,000, (Four Hundred & Seventy Thousand Pounds). VAT will apply in addition.

CAR PARKING
On-street business car parking permits are available from London Borough of Richmond, who wish to support and encourage employment generating uses in the Borough. Permits are reasonably prices for businesses in Zone M, being £155 pa for the first car, £234 pa for the second car, and £310 pa for the third car upwards. Up to 5 business permit spaces are available with no 61. Business permits can be used throughout the CPZ Zone M, (not just in spaces allocated for business use), which are otherwise only controlled during the hours of 9.00 – 11.00 Monday to Friday. Visitors and employees needing space outside these restricted hours may park in allocated CPZ zones free of charge.

BUSINESS RATES
Presently, the assessment has been removed from the rating list, whilst redevelopment works are undertaken. The assessment was £12,000. If this were to remain unchanged when reinstated, businesses with no other commercial premises could apply for full exemption from payment of business rates. Further details from London Borough of Richmond.

NOTE
This property is not suitable for residential conversion, as it has been identified by London Borough of Richmond as being worthy of employment generating protection from Permitted Development rights, (by way of Article 4 exemption).

For further information or viewings please contact joint agents Vokins ( 020 8400 9000) or Featherstone Leigh ( 020 8332 2707)




Accommodation:
Floor Area: 857.00

Situated within the London Borough of Richmond upon Thames, Mortlake is an established, attractive and desirable south west London location. It is situated approximately 6 miles from central London and is bounded by Chiswick to the north, East Sheen to the south, Barnes to the east and Richmond to the west.

Mortlake enjoys good transport links with Barnes Bridge mainline railway station circa 850m to the north east and Mortlake mainline railway station circa 340m to the south west of the site, providing regular services to Richmond (4 minutes) and London Waterloo (23 minutes).

Mortlake is served by various bus routes with a bus stop a few metres away from the main entrance to the site offering access to the 419 (Richmond to Hammersmith), 969 (Roehampton Vale to Whitton) and the N22 (Fulwell to Piccadilly Circus).

Road links from Mortlake are also very good; Junction 1 of the M4 is approximately 2 miles to the north and can be accessed via Mortlake Road (A205). The M3 is approximately 7.5 miles to the south