Commercial properties for sale

FOR SALE FULLY REFURBISHED GRADE A OFFICE SPACE

21889 SQ FT AVAILABLE

128 PARKING SPACES (1:171SQ FT)

M6 MOTORWAY FRONTAGE

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.

3.2 ACRE MAJOR REDEVELOPMENT OPPORTUNITY OPPOSITE DEVONPORT DOCKYARD

• Site suitable for various uses (STPP)

• Unconditional and conditional deals considered

• Existing GIA of 11,397 sq m (122,682 sq ft)

• Site area of 1.29 hectares (3.2 acres)

• Affluent north west town with over 570,000 people living within 30 minutes of its centre
• Prominent & easily accessible location adjacent to the A59 Liverpool Road
• Let to national retailers including Aldi, B & M, Pets At Home, Peacocks, Sue Ryder and Subway with a highly attractive WAULT of over 14 years
• Approximately 41% of the income subject to either RPI or fixed increases
• Offers are sought in excess of £15,300,000 (Fifteen Million Three Hundred Thousand Pounds) reflecting an attractive Net Initial Yield of 6.00% assuming purchaser costs of 6.73%.
• Based on the fixed/RPI increases, the running yield would rise
to 6.33% in 05/2022, 6.70% in 05/2027 and 7.11% in 05/2032

ATTRACTIVE HOTEL IN AFFLUENT AREA

The Henley Hotel, Tanworth Lane, Henley-in-Arden, B95 5RA

-- 27 en-suite bedrooms
-- Reception, bar, lounge and dining area
-- Good car parking
-- Well presented property
-- Freehold
-- Potential alternative use, subject to planning
-- OIRO £1.5m

Exeter
Prominent City Centre Development Site
For Sale

FOR SALE FREEHOLD
(due to planned relocation)
Whole or in parts.

Pepper Street, Chester CH3 7AB

• D1 existing use consent
• Of interest to:
Schools, Places of Worship, Education/Training Centres, Clinics/Health Centres
Crèches, Day Nurseries, Museums/Exhibition Halls
• 50,000 sq ft (4,645 m²) existing buildings
• 12.7 acres (5.14 ha) site area including large car park and open space
• 2 miles east of City Centre in attractive semi-rural area of Christleton village
• Good regional transport connections

Modern detached warehouse/production unit. Prestigious roadside location. Fitted office area. 4,742 m² (51,046 ft²).

Location
Westmead Industrial Estate is an established and successful employment area, well located within the town. Junction 16 of the M4 is approximately 2 miles to the south. The estate benefits from dual carriageway access via Great Western Way (the A3102).

Unit 3 Pagoda holds a prominent roadside location fronting onto Westmead Drive.

Description

Unit 3 Pagoda is a purpose built detached warehouse/production facility with fitted offices at first floor. The unit is situated in a quality landscaped environment. The building is of steel framed lattice beam construction with brickwork and vertical profiled cladding.

Access to the first floor offices is gained via a ground floor reception. The specification includes gas fired central heating, suspended ceilings with integral lighting, carpets and an 8 person lift.

There is on site parking for 100 cars and a loading/circulation yard to the rear.

Eaves 6.7m to underside of roof beam

Floor loading 750lbs per sq ft

4 loading doors with the opportunity of adapting these into dock level subject to the necessary permission

Gas fired heating

8 person passenger lift

LOCATION
The property is prominently located on the corner of Railway Street and Dunn Street leading directly on to the Scotswood Road. The area is an established location for many trade counter operators and car dealership groups including Tool Station. Jewson, Howden, Lookers and Arnold Clark.

The Scotswood Road (A695) is one of the main arterial routes leading from the west of Newcastle city centre providing immediate access to the A1 north and south. The area continues to see significant regeneration with a number of new residential and car dealership developments as well as the new Newcastle Eagles Community Arena which is on site now nearing completion.

DESCRIPTION
The property comprises two adjoining industrial units of steel portal frame construction with cavity brick elevations clad with a profile metal sheet covering beneath a pitched profile asbestos sheet cement roof incorporating translucent roof panels. The units were originally refurbished for the current tenant in 2005.

Each plot is regular in shape and can accommodate terraced or detached office buildings of 2 to 3 storey in height with private car parking.

Detailed planning permission has been obtained for B1 office and research & development uses in buildings ranging from 1,250 ft� upwards.

Buildings can be designed to meet individual requirements with the freehold interest in the property being purchased on completion.

Price is subject to the final building specification agreed.

( Agency Pilot Software Ref: 101352 )

The property comprises three interconnecting buildings; two being predominantly single storey works and/or warehousing with large loading door access off the private loading and parking area, both of traditional stone construction and the third building being predominantly offices and staff areas.
Part has the benefit of craneage.

The accommodation is fully heated and lit.
( Agency Pilot Software Ref: 101173 )

The site extends to approximately 7 acres (2.85ha) and is irregular in shape, it is a brownfield site in one parcel with existing Nissan Huts on the East side. The sites topography is generally flat, with housing to the West and a raised bank on the Northern boundary. To the south and east is arable land, hedgerows and trees defining the field boundaries.
The site has a resolution to grant with all matters reserved for the development of up to 51 residential dwellings, in this is the need for a 35% affordable provision. This was approved on the 31st of January 2018, the planning reference is DC17/03568.

RARE UNBROKEN MIXED USE FREEHOLD

TO BE SOLD WITH VACANT POSSESSION
LOCATION

The property is located in Sevenoaks, a popular commuter belt town in West Kent known for its affluent population and excellent schools.

The property is situated in the northern part of the town, close to Bat & Ball Station and Sevenoaks Hospital. The property occupies a highly prominent corner position at the junction of St John’s Hill (A225) and Wickenden Road.

The A25 is 300 yards to the north and the property is within 1/3rd mile from Bat & Ball Railway Station. Sevenoaks Town Centre is around 1 mile to the south with access to the M25 at Junction 5 approx. 2 ½ miles to the west.

DESCRIPTION

The property comprises a semi-detached corner building. 121, 123 and 125 Wickenden Road previously formed three lock-up shops. These have been redeveloped to extend the retail unit at 114 St. Johns Hill at ground floor level. A new two bed flat has been built at first floor level.

The upper parts of 114 St. John’s Hill have also recently been converted to form a 2 bed flat. Both flats benefit from allocated parking, a contemporary fit out and self-contained entrances.

The retail unit is currently trading as a café, with ancillary children’s play area that is also utilised for private hire events.

RECENT PLANNING HISTORY

121, 123 & 125 Wickenden Road

Removal of condition 5 (Code for Sustainable Homes) of SE/14/03823/FUL for Demolition of 3 No existing retail units (converted garages) and erection of 1No new retail unit on the ground floor and a 2-bed residential unit on the first floor with parking to the front.
Ref. No: 15/01780/CONVAR | Received: Thu 11 Jun 2015 | Validated: Thu 11 Jun 2015 | Status: Granted

Demolition of 3 No existing retail units (converted garages) and erection of 1No new retail unit on the ground floor and a 2-bed residential unit on the first floor with parking to the front.
Ref. No: 14/03823/FUL | Received: Mon 08 Dec 2014 | Validated: Mon 08 Dec 2014 | Status: Granted

Demolition of 3 No existing retail units (converted garages) and erection of 2 No new retail units on the ground floor and a 2-bed residential unit on the first floor with garage to rear on the ground floor.
Ref. No: 14/01296/FUL | Received: Wed 30 Apr 2014 | Validated: Mon 12 May 2014 | Status: Granted

114 St John’s Hill

Change of use from A1 (Shops) to A5 (Hot Food Takeaway).
Ref. No: 14/00187/FUL | Received: Fri 24 Jan 2014 | Validated: Thu 13 Feb 2014 | Status: Granted

Prior notification for change of use from office to residential. This application is made under class O of the Town and Country Planning (General Permitted Development) (England) Order 2015.
Ref. No: 15/03499/PAC | Received: Mon 09 Nov 2015 | Validated: Mon 09 Nov 2015 | Status: Decided

RATES & COUNCIL TAX

From the VOA website, the ground floor retail premises have the following Rateable Values (UBR 2018/ 2019 48.0p in the £):-

Description – Shop & Premises
Rateable Value - £12,000

Please rely on your own investigations.
PRICE

Offers in excess of £750,000 exclusive, for the freehold interest subject to contract.

(Offers will also be considered for parts of the property e.g. individual flat, the retail unit etc.)

VAT

We understand VAT will be applicable.

TIMING
Upon completion of legal formalities.

LEGAL COSTS

Each party to bear their own legal costs.

VIEWING

Strictly by appointment through sole agents. For further information or viewing please contact BRACKETTS:

Jeffrey Moys
Tel: 01732 350503
Email: jmoys@bracketts.co.uk

John Giblin
Tel: 01732 350503
Email: jgiblin@bracketts.co.uk

The property comprises two storey workshop accommodation with two storey offices of steel portal frame construction clad in artificial stone and uPvc coated steel decking beneath a uPvc plastosol coated steel decked roof incorporating perspex rooflights.

The accommodation is fully heated and lit.
( Agency Pilot Software Ref: 102362 )

The property comprises a single storey warehouse/workshop of steel portal frame construction, in 3No bays clad to part in brick with concrete block inner leaf and uPVC profile steel decking to eaves beneath an insulated uPVC profile steel decked roof incorporating Perspex rooflights. The ground floor accommodation benefits from concrete floor throughout.

An externally constructed brick building provides two storey office and staff accommodation.

The property benefits from a small gated yard area providing car parking and external storage.

( Agency Pilot Software Ref: 102361 )

( Agency Pilot Software Ref: 102356 )

The site and its surrounds are considered to be industrial in their character and appearance.
The site is broadly square in shape and contains trees and grass land areas.
The site boundaries comprise the Huddersfield Broad Canal and River Colne.
Falling within Flood Zone 3 the majority of levels on site suggests these maybe areas above the more general zoning.
A topographic survey is available with flood risk assessment and enviro report on request.
The proposed development is for
B1c, B2 and B8 industrial uses.
A layout plan is available upon request, showing an industrial development scheme of circa 30,500 ft2.
There are two easements within the site associated with the Waste Water Treatment Works which need to be considered when undertaking development.
Please note that Yorkshire Water will require access across the site and it will be the purchasers responsibility to provide an estate roadway within the development which provides unrestricted access at all times.

( Agency Pilot Software Ref: 102328 )

The property comprises a detached, modern, two storey office building, extending to 20,370 sqft (1,892.42 sqm), with 64 car parking spaces.
Benefitting from comfort cooling and lift between the floors, together with excellent staff welfare facilities, the space primarily fully open-plan but with peripheral private offices, meeting rooms, board room and fully glazed entrance and reception.


( Agency Pilot Software Ref: 102285 )

An exciting development of brand new industrial/business units.
( Agency Pilot Software Ref: 102115 )

The property comprises a two storey building of steel portal frame construction clad in part brickwork and part plastisol coated steel decking to eaves, providing office accommodation with ground floor disabled access. The offices comprise carpet floor covering, plastered walls, suspended ceilings with inset fluorescent lighting.

The accommodation is centrally heated and has the added benefit of roller shutter access to the front elevation.

( Agency Pilot Software Ref: 101914 )

The property comprises single storey buildings of steel portal frame construction clad in coated steel decking to eaves, beneath a insulated corrugated asbestos sheet roof incorporating Perspex roof lights. Ancillary linking outbuildings comprise similar constructions and provide ancillary workshops/stores with timber mezzanine to part. The accommodation is heated via wall mounted gas fired warm air blowers.

The accommodation benefits from exclusive access of the gated yard to the front of the property.

( Agency Pilot Software Ref: 101913 )

The property comprises a former Church of traditional stone construction beneath a pitched slate roof, supported on timber trusses.
A single storey extension has been added at a later date of similar construction with flat roof.

Internally, the accommodation comprises the Church, Church Hall, meeting rooms and ancillary kitchen and toilet facilities.
The property has ornamental features including stained glass windows.

Externally, the property occupies a site of approximately 0.13 hectares (0.33 acres).
There is no burial ground and the Church grounds comprise mature planting and landscaping.
The site is shown for identification purposes on the ordnance survey plan.
( Agency Pilot Software Ref: 101869 )

After significant investment in flood eleviation, this property returns to the market and comprises a part single part two storey steel frame industrial/warehouse building with brick infill to lower section clad in corrugated metal profile sheeting to eaves with corrugated metal profile sheeting canopy over the main loading bay under a flat asphalt roof. Outbuilt on to the main building is a three storey brick built office and tail board loading bay giving direct access into the first floor being part clad in corrugated metal profile sheeting under a flat asphalt roof.

The main building is in 4 bays and arranged over 2 floors in 2 bays with the remaining 2 bays being lofty single storey serviced by a number of loading doors from the front yard.

The out built brick building is arranged over 3 floors which houses a number of general, private offices and access to staff facilities.


( Agency Pilot Software Ref: 101453 )

The property is a two-storey building with brick elevations surmounted by a pitched slate roof. The retail unit is self-contained and located on the ground floor. Internally the property benefits from a glazed shop front, tiled flooring, plaster & painted walls, extraction canopy, cold room, suspended ceiling incorporating spot lights and WC facilities. Parking is also available at the front of the premises.