Commercial properties for sale

EXMOUTH, DEVON – DEVELOPMENT SITE WITH POTENTIAL FOR EMPLOYMENT USES

SALTERTON ROAD, EXMOUTH, EX8 2TS - DEVELOPMENT SITE – c. 2.4 ACRES

Prime site adjacent to Tesco

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

Residential Development Site

Resolution to grant Planning Permission for 616 dwellings (including 20% affordable) plus 14 retirement bungalows, 50 retirement/care apartments and a community centre. 28.60 hectares (70.67 acres). For Sale By Private Treaty.

• 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

62 Cotham Hill & 26a Aberdeen Road, Bristol BS6 6JX

• Long Leasehold

• Ground and Basement Floors

• 1,606 sq ft (149.20 sq m)

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

PENKETH BUSINESS PARK, LIVERPOOL ROAD, WARRINGTON WA5 2TJ

FULLY REFURBISHED
MULTI-LET INDUSTRIAL ESTATE
WITH EXCELLENT REVERSIONARY POTENTIAL

> A rare opportunity to acquire a fully refurbished multi-let industrial estate investment.

> Located in the North West’s premier industrial location, Warrington, within 1.5 miles of the town Centre with immediate frontage onto the A57 (Liverpool Road) which provides links to Junction 8 of the M62 Motorway.

> 30 units extending to 148,534 sq ft (13,799.15 sq m) with units ranging from 412 sq ft – 44,742 sq ft. Plus 21 storage units and a small parcel of land.

> 98% occupied with a triple net rental income of £559,117 pa.

> Freehold with a site area of 6.46 acres (2.61 hectares), providing a low site coverage of only 41%.

Launton, Near Bicester, Oxfordshire

RESIDENTIAL DEVELOPMENT OPPORTUNITY

Outline Planning Consent up to 72 Units

5.39 Ha (13.32 Acres) – Large POS

Signed Section 106

For Sale by Informal Tender

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

Unit 5 Air Hub comprises of a refurbished warehouse/industrial
unit of blockwork construction to a pitched roof. The warehouse area is clear-open plan layout with access available via a full height electric roller door via a dedicated loading bay. Ancillary office accommodation is situated on the first and second floor.
Located 1 mile immediately to the west of Heathrow Airport with easy access to the M25 at Junction 14 and the M4 at Junction 5. Air Hub is in close proximity to all terminals of Heathrow Airport with links available via Airport Way and the North and Southern perimeter roads. The property is ideal for airport related business and freight companies. This area is popular with warehouse and freight operators.

Travel Distances
Junction 14 M25 0.65
Junction 5 M4 2
Junction 4 M4 2.25
Junction 2 M3 (J12 M25) 5.66
Junction 1A M40 8.2
Terminal 5 LHR 3.2
Terminal 4 LHR 4.11
Terminal 1 LHR 6.57
BA World Cargo 3.3

A high quality and modern industrial property located just east of Sheffield in close proximity to Junction 31 of the M1 motorway. The location benefits from good accessibility to the regional road network and Sheffield City Centre.

- Modern ‘Grade A’ type 2-storey offices incorporating raised floors, suspended ceilings
- Category ll lighting, air conditioning and an 8-person lift
- A useful mix of open-plan office areas along with partitioned offices and meeting rooms
- Excellent staff amenities including WC’s and a large, modern kitchen area
- Heated and well-lit industrial areas with a working eaves height of 6.75m
- A useful mezzanine proving additional stores
- 2 large service doors providing easy transit of goods in and out of the adjacent yard
- Additional detached stores and plant room
- Available with vacant possession

Rare opportunity for development or storage lane, subject to planning

The property is located on Oliver Business Park off Oliver Road and Great Central Way in the heart of the Park Royal Industrial Estate. The A40 Western Avenue is a short distance to the south of the property and provides access to Central London to the east and the M40 and M25 motorways to the west.

The area is well served with public transport; North Acton Underground Station (Central Line) and Harlesden (National Rail / Bakerloo Line) are both within walking distance of the premises and provide a regular service to Central London. A number of bus routes also operate throughout the area, most notably from the Central Middlesex Hospital and ASDA Superstore which are both within walking distance.

The property comprises a modern, mid-terraced two storey business unit incorporating warehouse space on the ground floor and fully fitted partitioned offices on the first floor. The unit is of steel frame construction with part brick / part clad elevations and benefits from a clear height of 3.35m on the ground floor. Access to the property is via a shutter door (height 2.1m and width 2.1m) or separate staff entrance with door entry system.

The available space is fitted to a good specification and benefits from the following amenities, W.C facilities, kitchenette, 3 phase power, central heating, air conditioning, 5 allocated parking spaces and fully fitted soundproofed studio.

The property is a semi-detached business / office unit of steel frame construction with low level brickwork and profiled metal clad to eaves and a pitched roof. Internally, the property is configured with a large proportion being open plan office accommodation and ancillary kitchen / WC facilities, and part being in a shell condition ready to be fitted out or used for storage / workshop space. The office accommodation has been refurbished and includes underfloor trunking, suspended ceiling with recessed LED lighting and air conditioning.

Externally, the property is situated within a gated compound providing parking for approximately 20 vehicles. In addition there is a gravelled area to the side of the property with potential for further parking to be created.

PRICE ON APPLICATION

Broadwater Down is a highly sought after residential location on the SW edge of Tunbridge Wells. The road is within a Conservation Area and characterised by large period Victorian houses. It is classified as an Arcadian Area with low density development and protected landscaped frontages. The Pantiles and "Village" area are both easily accessible on foot.
Broadwater House is a detached period mansion set over G, 1st, and 2nd floors with some large basement areas (total GIA for the existing property 9133 sq ft) and in beautiful mature grounds of around an acre. The property is currently arranged as 5 apartments. There is a planning application pending for conversion, part demolition and extension of the property to create a total of 14 apartments, each with allocated parking (total GIA for the proposed property 15,157 sq ft).

LEASEHOLD: £199,000
ANNUAL RENT: £42,500 (incl. flat)
*NOW WITH LICENCE TO SELL ALCOHOL*

LEASEHOLD: £199,000
ANNUAL RENT: £35,000 p.a together with residential flat at £7,500 p.a. Total rent payable £42,500 p.a. (Rent receivable @ £12,840 p.a.)

LENGTH OF LEASE IS TO BE NEGOTIATED WITH THE FREEHOLDER.

Location
The shop is situated in the heart of the affluent city of St Albans, which is located approximately 25 miles North of London.
The nearest train station is St Albans City (0.6 miles), which offers a journey time to London of approx.18 minutes.

Internal Details
Retail space is circa 450 sq/ft and to the rear of the store is a stockroom/sandwich preparation area, along with a w.c.

Fixtures & Fittings
We are advised by our clients that all fixtures and fittings are owned outright and included in the price sought for the premium.

Letting Accommodation
There is a two bedroom apartment with separate access, currently let at a rent of £1070 per calendar month.

External Details
Additional storage is available by means of a detached storage unit in the gated rear yard area. The Council has allocated a single parking space to the rear of the store (an annual parking permit is required at additional cost).

Business Rates
The rateable value is £16,250 per annum, effective from 1st April 2017.
It is advised that interested parties make their own enquiries with the local authority.

• Turnover for Y/E 30/6/2018: £498,142
• Gross Profit for Y/E 30/06/2018: £168,172
• Net Profit for Y/E 30/6/2018: £139,911
• Additional Residential Rental Income
• Prominent Brand Trading for c. 100 years
• Energy Rating C
• Premises Licence granted by St Albans City & District Council

DESCRIPTION

A1 Retail/A2 Unit - the property comprises ground and lower ground floor premises.

FACILITIES
• Heating
• Power Points
• Alarm
• Telephone Point available

ACCOMMODATION

The approximate net internal floor areas are: Lower Ground Floor -21.8 sq m 234.6 sq ft. Ground Floor 53.2 sq m 572.2 sq ft. (Gross internal basis)

PREMIUM

Premium sought for Leasehold interest - £349,000. We are advised that the property is not elected for VAT purposes.


LEASE

The premises are being offered by way of an Assignment of the existing Lease (subject to the freeholders consent) dated 23rd May 2011 for a term of 125 years from 1st October, 2017.

GROUND RENT

Ground rent currently payable is £1200 p.a. subject to review as per lease dated 23rd May 2011 and Deed of Variation dated 13th November 2014.

BUSINESS RATES

According to the VOA website the rateable value stated is as below:
Rateable Value £6,800
Rates Payable for 2018 - 2019 £3,264*
*Please note that Business Relief may be available to reduce the Business Rates Liability to nil subject to confirmation with the Business Rates Department at St Albans City and District Council.

LEGAL COSTS

Each party to be responsible for their own legal and associated costs.

NON DOMESTIC ENERGY PERFORMACE CERTIFICATE (NDEPC)

E106

VAT

We are advised that the property is not elected for VAT purposes.

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 )