Expressions of Interest
The site is less than a 1 minute walk from Hackney Wick Station providing services into Stratford within 5 minutes. Stratford will soon benefit from Crossrail (Elizabeth Line) which will provide services into Liverpool Street within 7 minutes, Canary Wharf in 8 minutes, Tottenham Court Road in 13 minutes and Heathrow T2 & 3 in 43 minutes).
The site extends to approximately 598 sqm (0.147 acres) and currently comprises a number of single storey commercial units.
Full planning permission was granted for the demolition of the existing buildings and redevelopment of the site to provide a 5 storey (inc. basement) B1 office building extending to 23,034 sqft NIA (28,309 sqft GIA).
The most recently drafted S106 defines the affordable workspace as: ‘5% of the Workspace (to be no less than 131.5 square metres of Gross Internal Floor space) to be provided as part of the Development at (unless otherwise agreed with the LPA) ground floor or above, which will (unless otherwise agreed with the LPA) be offered to future occupiers at up to £16 per square foot (Indexed) including Service Charge for a period of 5 years from the first Occupation of the Development’ Thereafter the space can be let at full market rent’.
The scheme will provide a communal garden at roof level and provisions for 30 cycle spaces.
The site also lends itself to a residential scheme and was outlined as Phase 1 within the LLDC’s Hackney Wick Masterplan which identifies the ground floor use as B1 with upper floor use as either B1 or C3.
A residential led scheme (subject to the necessary planning consents) would work within the same massing as the granted office planning consent. Architects indicative plans can be made available upon request.
We are aware that the site is not elected for VAT.
The site is available freehold with vacant possession.
VICTORIA ROAD, OSWESTRY, SY11 2HU
• Retail development opportunity adjacent to Lidl.
• Current planning for 16,200 sqft (1,505 sqm) of retail accommodation.
• Car parking, service yard and services all already in situ.
• Interest invited from developers/contractors.
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
Comprising 7 retail units at ground floor which are part let to various tenants (producing £110,130 per annum) with 28,466ft2 NIA of vacant office space across the upper floors
Planning permission for the conversion and extension of the building to provide 86 residential units (52 x 1 bed & 34 x 2 bed) totalling 48,457ft2 NSA
Offers are invited in excess of £9,000,000 for the entire freehold interest
Alternatively, offers are invited in excess of £7,500,000 for the freehold interest, subject to the retail units being retained by the Seller on a new 999 year lease
*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.
- Superb location on Sidmouth Seafront
- 125 year lease available
- Offers invited by 12 noon on Monday 4th February 2019
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.
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
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.
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
• Detached hall with off-street parking
• Picturesque village location
• Available immediately
• D1 Planning Use – suitable for nurseries, community centre, etc
New FRI lease will be negotiated which will incorporate a premium of £60000 for goodwill, furniture and effect
( 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
DescriptionPlease 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.
TenureThe property’s freehold interest is held under Registered Title No. BK319899. The property will be sold with full vacant possession given on completion.
RatingThe Clinic is shown in the Valuation List as having a Rateable Value (RV) of £6,400.
Energy Performance Asset RatingAssessment rating - TBC.
VATWe understand that the property is not elected for VAT.
PlanningPre-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
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.
DisposalPlease refer to the particulars of sale for further details on the Disposal method.
Technical Information PackA copy of the technical information pack is accessible via our Data Room. Login details are available upon request.
Viewing And All Other EnquiriesPlease 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.
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
( Agency Pilot Software Ref: 21333 )
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 )
( Agency Pilot Software Ref: 103715 )
( Agency Pilot Software Ref: 459 )
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 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.
