Commercial properties for sale

1.48 hectares (3.65 acres)

Full Planning Permission and Reserved Matters approved for 40 dwellings. No CIL Payments.

Guide Price: £1,400,000 STC

Stratford upon Avon Town Centre – approximately 1 mile / M40 Junction 15 – approximately 7 miles

A rare opportunity to purchase a Long Leasehold Light Industrial/Warehouse unit with a high percentage of office content.

Approximately 4,511 sq ft (419.2 sq m) on the ground floor plus mezzanine of 1,614 sq ft (149.9 sq m) all measured on a Gross Internal Floor area basis

Distribution/Manufacturing Freehold site of 4.24 ha (10.48 acres)

Multiple units with large yard area

• Planning advice has been sought from the Local Authority for a mixed-use, residential-led development to include 455 residential units and associated commercial space

• Situated on a prominent corner at the junction of Rainham Road, Oxlow Lane and Dagenham Road

• Currently used as a distribution center and trade counter with associated warehousing and offices

• Site comprises 6.13 acres (2.48 hectares)

• Unconditional offers invited, freehold available with delayed vacant possession

A state of the art, 25,500 sq ft (excluding tenant’s mezzanine of 7,055 sq ft), newly refurbished, multidisciplinary animal veterinary hospital

Long-income, freehold investment opportunity with c.24 years unexpired (c.14 years to tenant break option)

Excellent counter cyclical sector fundamentals

Low passing rent of £450,000 per annum (£17.65 per sq ft)

Offers in excess of £6,000,000/7.03% NIY

PRE-LET OPPORTUNITY IN FITZROVIA MIXED-USE DEVELOPMENT SELF-CONTAINED D1 MEDICAL PREMISES SPLIT OVER GROUND & FIRST FLOORS.

APPROX 5,802 sq ft (539 sq m) GIA

The canal side offices offer a large, mainly open plan, floor plate. The interior has been redesigned offering a high level of presentation.

The space includes the following:-

* Ceiling mounted air conditioning
* Suspended Ceilings
* Cat II lighting
* Kitchen
* WC facilities
* Parking for 8 cars (double parked) included with the space.
( Agency Pilot Software Ref: 1330 )

For sale freehold development opportunity. Easton, Bristol, BS5 0RT.

Offers in excess of £1,000,000

Site with full planning consent for 10 new build houses in a courtyard scheme and a 6,000 sqft multi use commercial building.

Building, edged black, with consent for conversion to 2 houses is available by separate negotiation.

This half acre site is located in Easton, a fashionable neighbourhood close to the centre of Bristol.

- HOT FOOD TAKEAWAY
- PRIME LOCATION
- 441 SQ FT
- RECENTLY REFURBISHED
- READY FOR IMMEDIATE OCCUPATION
- GOOD LEVELS OF PARKING
- FULLY EQUIPPED AND TRADING

LOCATION

Stirling is a city in central Scotland. The market town, surrounded by rich farmland, grew up connecting the royal citadel, the medieval old town with its merchants and tradesmen, the bridge and the port. Located on the River Forth, Stirling is the administrative centre for the Stirling council area, and is traditionally the county town of Stirlingshire.

In 2002, as part of Queen Elizabeth II’s Golden Jubilee, Stirling was granted city status. Its Castle and Old Town meet the cutting-edge culture of a contemporary University city.

Stirling is well located in central Scotland being almost equidistant between Glasgow, Edinburgh and Perth. The city benefits from good transport links to include a mainline railway, bus depot and easy access onto the Motorway network.

From a local context the property is on the northern side of Upper Craigs near its junctions with Port Street.

DESCRIPTION

The subjects comprise a mid terraced retail unit formed over the ground floor of a traditional three storey building. The property has recently been refurbished to a modern standard.

Internally, the subjects provide open plan retail/takeaway area together with a rear kitchen area and w.c. The property has been fitted out to a high standard and includes pizza oven, range, oven and extraction hood.

THE BUSINESS

The Brindisi comprises a pizzeria, fish and chicken bar. The business has been operated by the current owner successfully for a number of decades as is only for sale due to the owners wish to retire.

The business shows good profit margins and is fully equipped with all the equipment being owned outright. The business benefits from a license for the sale of alcohol for consumption off the premises.

There is good scope to improve turnover and profit by opening longer hours, boosting online presence and taking advantage of the late license (3am).

FLOOR AREAS

From sizes taken from our inspection, we understand that the subject property measured in accordance with the RICS Property Measurement Professional Statement (Second Edition, May 2018) incorporating the International Property Measurement Standards and the RICS Code of Measuring Practice to extend to the following approximate gross internal area (GIA):

Ground Floor: 41m2/441ft2

PROPOSAL

Offers of £49,950 are sought for the leasehold interest.

A new FRI lease will be offered at a rent of £15,000 per annum.

Heritable (freehold) interest available by separate negotiation.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to let or sell the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the lease or sale of the property.

VAT

Vat will be payable where applicable.

RATING

The current rateable value is £12,400. Qualifying businesses will be able to benefit from 100% rates exemption subject to application.

EPC

A copy of the EPC will be available upon request.

Southdown View is a located in a prominent position on the main A3 trunk road into Portsmouth. The M27 and A27 are a short distance away, whilst Hilsea Train Station is a short walk. Southdown View comprises a new mixed-use development providing 59 flats. At ground floor level there are 3 commercial spaces with Costa Coffee and Downland Veterinary Group occupying premises fronting the main London Road. The unit is offered in shell condition. The commercial units within the development benefit from cross rights over car parking spaces for commercial users, further details on request.



(From Caldes Software. Property Ref: N1569. Jun 19 2019 11:21AM)

Vertigo comprises an detached three storey office building of 552 sq m (5,940 sq ft) NIA with a unique meeting/entertaining space within the iconic Lead Shot Tower. The property is let to Ironbright Investment Management Limited and Granger Reis Limited reflecting a WAULT of 6.01 years to expiry (1.51 years to break), and producing an annual rent of £98,502 (average rent of £16.58 per sq ft).
( Agency Pilot Software Ref: 2043406 )

Long Leasehold For Sale - Investment/Part VP * TWO CORNER commercial units with parking * A3 Use Restaurant 2,980 sq. ft. (GIA) + 2 u/g parking spaces T/A Zizzi at a passing rent of £175,000 p.a.x. (Lease exp. 2022) * A1 Use Shop 3,925 sq. ft. (GIA) + 2 u/g parking spaces * FOR SALE - Long Leasehold Investment and part vacant possession

TO LET/ MAY SELL - Warehouse with potential secure yard.

Location

Bracknell is well located midway between the M3 and M4 motorways. Direct access is obtained to the M4 at junction 10 via the A329(M) and the M3 at Junction 3 via the A322. Both links provide excellent access to the M25 and the entire motorway network. Approximate travel distances from the property are as follows: - Bracknell Town Centre 1.6 miles - Bracknell Station 1.4 miles - M3 (Junction 3) 6.6 miles - A329 (M) 3.4 miles - M4 (Junction 10) 6 miles - Central London 39.8 miles - Heathrow Airport 15.6 miles

The property is available with a large block paved forecourt providing designated parking and a ramped loading bay area.

•Apex height of approx. 8m

•Motorised roller shutter door

•Potential to secure yard

•Purpose built offices

•Male & female WC’s

Description Sq Ft Warehouse 5,847 Ground floor offices 309 first floor offices 292 Total 6,448

 N.B This property was measured on a Gross Internal Area basis

All parties are responsible for their own legal costs

Listed Building with 1,378.94 sq m (14,843 sq ft) space over three floors
Full planning for 17 flats and a community hall
Leicester City Centre
Planning Approved for extension
Full plans available upon request

Town Centre Location
Close to All Major Retailers and Parking
Fully Let Portfolio
8 Retail, Food & Leisure Units
Passing Rent: £81,040per annum
ERV: £91,877per annum
Price: Offers In Excess Of £775,000

Location

The subjects occupy a prominent position on the North West corner of Batchen Street at its junction with South Street within Elgin’s town centre. Elgin, the administrative and commercial centre of Moray district, is an affluent market town with a resident population of some 21,000 and a primary catchment of approximately 90,000 within a 10 mile radius.

Located on the Moray Firth, approximately 40 miles east of Inverness and 65 miles north west of Aberdeen, the town benefits from good road (A96) and rail communications connecting to the respective national networks.

The town lies in the heart of the world famous Speyside Whisky country and together with ready access to the Cairngorm National Park and Malt Whisky Trail ensures Elgin is a popular tourist destination.

RAF Lossiemouth, one of the RAF’s largest bases, is also located nearby and contributes significantly to the local economy.

Subjects

The properties comprise a parade of primarily 2/3 storey traditional stone terraced buildings with pitched and slated roofs. The individual shops are occupied by a variety of food, leisure and retail uses, all fitted out internally to modern standards.

Such retailers as TK Maxx, Poundstretcher and Toymaster are all within close proximity as is one of the town centres main public car parking facilities (226 spaces).

Executive Summary

All leases are held on a full repairing and insuring basis with upwards only rent reviews.

Proposal

Our client is offering their freehold interest in the portfolio for offers in excess of £775,000 representing a gross initial yield of 10.4% before purchasers costs.

V.A.T.

The subjects have been elected for V.A.T as such the transaction will be treated as a Transfer Of a Going Concern (ToGC)

Lease’s & Title

Available on request

Viewing

By appointment only

Legal

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

The property comprises a traditional type Sunday school building with accommodation being provided over two floors.

At ground floor there is an entrance porch, school room/hall with kitchen, rear hallway with staricase and a classroom. To the first floor there are five rooms (currently used as stores) and toilet facilities. In addition, there are two cellar store rooms.

Externally, there are narrow paved and grassed areas running to the perimeter of the building.

On-site parking provision can be made available within the vendor's neighbouring property, precise requirements to be discussed with interested parties on an individual basis.

The property is Grade II Listed.
( Agency Pilot Software Ref: 102664 )

The premises is of steel portal frame construction with rendered block to a height of 2.5m. There is steel profiled cladding to the elevations and roof covering with approximately 10% translucent roof lights. Access to the office content is via Clare Place. The goods entrance is the eastern elevation where there are two 5 meter high roller shutter doors.

Internally the unit is configured as a large open plan warehouse with a small element of office accommodation with additional mezzanine storage to the southern side of the building. Externally there is a surfaced yard area to the eastern side of the property.
( Agency Pilot Software Ref: 1203 )

CURRENTLY OFFICE USE, MAY SUIT OFFICE, EDUCATIONAL, RESIDENTIAL ETC SUBJECT TO PLANNING

The property is located in Lincoln's Inn Office Village, Cressx Business park which is High Wycombe's premier business location within one mile of Junction 4 of the M40 motorway and approximately 1.5 miles south of High Wycombe town centre. The M40 provides good access to the M4 (via the A404), M25, Heathrow Airport and Central London. High Wycombe Railway Station serves the Chiltern Line with regular services between London Marylebone and Birmingham.

The premises comprise an end of terrace office building on three floors benefiting from the following:
-Landscaped, courtyard setting.
-Gas central heating.
-8 private car spaces.
-WCs on each floor.

Internally, each floor is structurally open plan although studwork partitioning has been installed providing some private offices.

( Agency Pilot Software Ref: 198 )

A substantial industrial unit that is separated into five individual sections, four of which are tenanted with one vacant office (6E), this has a private entrance but is in need of a complete refurbishment.

The four occupied units are 6A, 6B, 6C and 6D and they are let to private individuals in the motor trade business. These units are all ground floor and have individual loading entrances.

The property is available for purchase and provides an exciting asset management opportunity, where a programme of refurbishment will enable rental and capital growth.

Location
Centre 21 is an established Industrial Estate on Bridge Lane that is located 4 miles to the southeast of Warrington Town Centre off the A57 Manchester Road.

The property is only 1.5 miles from Junction�21 of the M6 Motorway via the A57.

Accommodation
Gross Internal Areas

6A: 290.4 m 3,125 ft
6B: 434.8 m 4,680 ft
6C: 156.4 m 1,684 ft
6D: 190.3 m 2,048 ft
6E: 249.0 m 2,680 ft
Total: 1,320.8 m14,217 ft

Tenancy Information
The table below summarises the tenancy information provided and we have assumed that the income is rental only and the individual occupiers pay their own utilities and Business Rates as appropriate.

Unit Rent/Per Annum Expiry
6A £7,200 20 Aug 2020
6B £8,400 21 Dec 2019
6C £4,800 Holding Over
6D £5,400 No Lease
6E N/A Vacant
Total£25,800

Sale Price
£300,000.

Tenure
Freehold.

Yield
The asking prices and current income reflects a net initial yield of 8.5% allowing purchasers cost at 4%. This does not take into account the potential income that can be generated from the vacant first floor or any asset management/refurbishment potential.

Contact
Strictly by appointment only. No tenants to be approached directly without our prior consent. Please contact Morgan Williams, 01925 414909.

Rob Bates: rbates@morganwilliams.com







( Agency Pilot Software Ref: 535 )

The 27.88 acre former Harcourt Sands Holiday Park, located in the parish of Seaview on the north eastern coast of the Isle of Wight, is a rare development opportunity on the island. The site offers a woodland setting adjacent to two parks and with extensive views across the Solent towards Portsmouth and the surrounding coastline. Outline planning consent has been granted for a scheme comprising 128 residential units along with a 63 bed hotel (or 15 holiday units) however the site lends itself to a wide variety of potential end uses.
( Agency Pilot Software Ref: 2043030 )

The property comprises a single storey, self contained, brick built office currently configured with an open plan office, meeting room and storage area.

Stratford Office Village is located approximately 4 miles to the north of Central Milton Keynes, where there is a range of leisure amenities and the mainline railway station. The property is accessed just off V5 Great Monks Street, within close proximity to the A5.
( Agency Pilot Software Ref: 2043405 )

A2 Segensworth Business Centre is of part brick/part clad construction. It is a two-storey, self-contained office building and benefits internally from diffused lighting and air conditioning. The ground floor comprises a reception area and separate meeting room. There are also WC facilities and a kitchenette area. The first floor is a mixture of open plan space along with individual offices and a kitchenette area.
( Agency Pilot Software Ref: 2043396 )

The White Horse is a two/three storey detached property of rendered stone construction beneath a pitched tiled roof. The basement includes two one bedroom flats. The ground floor internal trading area is styled traditionally throughout and comprises a main bar, pool room, seating area for circa 30 covers and a further 15 covers in the main stage area. The first floor comprises an
office, main bar, main stage and seating area for circa 35 covers with a further room for additional 15 covers.
( Agency Pilot Software Ref: 8926 )