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Commercial properties for sale in South East (region)

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For Sale£9,000,000.00
Prominent 4-storey building within Milton Keynes town centre extending to approximately 34,832ft2 NIA, positioned on a site of circa 0.35 acres

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
For Sale£2,500,000.00
• Mixed use investment opportunity on Didcot Broadway with permitted development potential to convert 6,092 sq ft of upper floor space to residential.

• 3,870 sq ft of ground floor retail across seven units and rental income over £157,000 p.a.

• Located approximately 5 mins from Didcot Parkway Train station with regular trains to London Paddington (40 mins), Reading (13 mins) and Oxford (13 mins).

• Offers in excess of £2,500,000.

• For sale Freehold.
For SalePOA
Former Care Home and Social Services buildings

Outskirts of Faversham within built-up area

Adjoining land newly consented for 248 homes

Vacant possession

CLOSING DATE for offers: 18th January 2019
For SalePOA
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
For SalePOA
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
For Sale£1,295,000.00
PROMINENT CORNER BUILDING

GROUND FLOOR LET TO OXFAM ON A NEW 10 YEAR LEASE @ £53,000 PA

UPPER FLOORS PP GRANTED - VACANT AND STRIPPED OUT

2 No 1 BED FLATS (538 sq ft ; 549 sq ft)
1 No 2 BED FLAT (753 sq ft)

SEPARATION WORKS COMPLETED INCL BRAND NEW AIRCO SYSTEM

READY FOR IMMEDIATE DEVELOPMENT

NO Section106

OFFERS IN EXCESS OF £1,295,000
For Sale£750,000.00
- Established industrial estate in port town of Sheerness, Kent
- 14 units let to 10 individuals / businesses
- Fully occupied
- Current income: £64,035 pa
- Some RPI Linked rent reviews
- Strong market evidence to support highly reversionary open market rent
- Potential to increase the rents by 2022 to £83,542 pa
- Net initial yield of 7.72% increasing to potential reversionary yield of 9.64% net
- Good asset management opportunities

If you would like to review the legal documents for the property then please use the link below to download these:-

https://0cc47a7cfb86.dattoconnect.com/index.php/s/Io99qZgomHV1anN
For SalePOA
Town Centre Redevelopment Opportunity With Planning

Located adjacent to Addlestone Station and within a 7 minute walk of Addlestone One with a new Waitrose, Light Cinema, Premier Inn and Achieve Gym. Planning Permission for 75, 1 and 2 bedroom apartments (20 affordable) and 398m² retail.
For Sale£135,000.00
OR
For Rent£12,000.00 Per Annum
New
To Let - Ground Floor Retail Unit with Good Basement (Freehold may be available)
( Agency Pilot Software Ref: 355 )
1 - 3 Mill Street, Maidstone, ME15 6XH
Type: General Retail, Retail
Location: 1 - 3 Mill Street, Maidstone, ME15 6XH
Size: 1582 Sq Ft
Images: 5
Brochures: 1
View Property
For Sale£250,000.00
OR
For Rent£20,000.00 Per Annum
New
Ground Floor Retail with dual frontage and large basement
( Agency Pilot Software Ref: 201588 )
68 Bank Street, Maidstone, ME14 1SN
Type: General Retail, Retail
Location: 68 Bank Street, Maidstone, ME14 1SN
Size: 1600 Sq Ft
Images: 5
Brochures: 1
View Property
For Sale£995,000.00
New
Location
1A Bugle Street is an attractive Grade II Listed building prominently situated where Bugle Street meets Town Quay opposite the Isle of Wight ferry terminus. There are a number of clubs, pubs, restaurants and bars in the vicinity making the location a busy leisure destination. Office users are also present in numbers.

Access to the property is good with Town Quay (A33) fronting the property, leading to the M271 and M27 respectively.

Description
The property is a Grade II Listed building, originally designed as the Royal Southern Yacht Club in 1846 and benefits from many period features. Bugle Street is one of the oldest streets within the old walled city.

The property is currently arranged over basement, ground, first, second and third floor levels and is vacant requiring internal refurbishment.

The interior, though previously used as offices for the Southampton University Air Squadron, still retains most of its original features. The entrance hall is dominated by two large carved doors and the high ceiling has intricate wood carvings. The main rooms on the ground and first floor have large fireplaces and plaster mouldings which have remained largely untouched.

Glass doors on the ground floor open up to the semi-circular garden along Town Quay with views of the Royal Pier and ferry terminals. Doors on the first floor open to a balcony above the colonnaded porch. The central staircase is impressive in style and has a glass lantern sat centrally above which brings light into every floor.

The building is typical of Italianate architecture.
1A Bugle Street
Type: Leisure Property, Leisure Property, Pubs/Bars/Clubs, Restaurants/Cafes, Licensed & Leisure
Location: 1A Bugle Street, Southampton, SO14 2AL
Images: 3
Brochures: 1
View Property
For Sale£50,000.00
New
Small plot of land fronting South Road, Hailsham, positioned between Burfield Park Industrial Estate and Ropemaker Park. Suitable for use as car parking or potential for other uses subject to planning.
( Agency Pilot Software Ref: 15879 )
Burfield Park Industrial Estate, South Road, Hailsham, BN27 3JL
Type: Land, Commercial Land
Location: Burfield Park Industrial Estate, South Road, Hailsham, BN27 3JL
Size: 1664 Sq Ft
Images: 4
Brochures: 1
View Property
For SalePOA
New
A unique and individual six bedroom family home with substantial outbuilding and spectacular views over the countryside all set in 0.87 acres. Historic Planning Permission for a childrens nursery (application P96/N0031).
( Agency Pilot Software Ref: 103796 )
The Flint House, Towersey, OX9 3QH
Type: Residential
Location: The Flint House, , Towersey, OX9 3QH
Size: 5261 Sq Ft
Images: 5
Brochures: 1
View Property
For SalePOA
OR
For RentROA
New
The assignment of the lease of the upper floors of this period building in Oxford City Centre which is currently let on an HMO for student accommodation.
14 Broad Street, Oxford, OX1 3AS - Upper Floors
Type: Flat, Other, Residential, Other Property Types & Opportunities
Location: 14 Broad Street, OX1 3AS
Images: 1
Brochures: 1
View Property
For SalePOA
New
Two New Freehold Warehouse Units For Sale
( Agency Pilot Software Ref: 479478 )
Globe Business Park, Fieldhouse Lane, Marlow, SL7 1LS
Type: Distribution Warehouse, Distribution Warehouse, Industrial
Location: Globe Business Park, Fieldhouse Lane, Marlow, SL7 1LS
Size: 19375 - 45750 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£375,000.00
New
For Sale - Prominent A3 Restaurant/Retail Unit located on a busy arterial road. 1,045 sq ft plus a commercial kitchen.

Tenant willing to remain in occupation for long term. Seating approximately 85 dining customers.

Well Presented Character Accommodation with Drinks Bar.
62A EAST STREET, FARNHAM, SURREY, GU9 7TJ
Type: Retail, Restaurant/Cafes
Location: 62a East Street, GU9 7TJ
Size: 1045 Sq Ft
Images: 1
Brochures: 1
View Property
For SalePOA
New

An office building with conversion/development potential available for sale within the popular and sought after village of Theale



Location

The property is situated on the south side of Church Street, in a mixed use location within the popular and sought after village of Theale, Berkshire. It lies within easy walking distance of many local amenities including shops, pubs, a primary school and Theale Railway Station. Reading town centre with its multiple facilities lies approximately 5.5 miles to the north east. From December 2019 the £14.8bn Crossrail service will be departing from Reading twice hourly, 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 12 of the M4 motorway and the A4 lie approximately 1.0 mile to the north east. A copy of an Ordnance Survey Extract Plan can be found within the particulars of sale.



Additional Details

Description

The property comprises a generally level, almost rectangular shaped site which includes a partially attached semi-detached Grade II Listed office building and associated car parking.

The building is planned over four storeys and is of residential appearance. It provides office accommodation throughout of approximately 236.7 sq. m. (2,548 sq. ft.) (NIA).

The property is bordered by residential dwellings at its southern and eastern boundaries, an office building at its western boundary and Church Street at its northern boundary.

The total site area is approximately 0.06 hectares (0.14 acres).

We would refer you to the photographs within the particulars of sale for further information.

Tenure

The property will be sold freehold with vacant possession.

Services

We are advised that mains electricity, gas, water and drainage services are available in the vicinity for connection to the site. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.

Planning

At present, no recent planning applications have been submitted for the development of the site.

However, pre-application advice was sought from the local planning authority in July 2016 (the report can be found in the Technical Information Pack). The report contains positive comments of the suggested conversion to 7x self-contained residential flats with associated car parking.

In October 2004, the property was granted planning consent for a rear extension “to accommodate additional multi-purpose office space/seminar facilities.” We believe the property still benefits from potential to undertake rear extension works, subject to planning.

Any planning related queries should be directed to the Local Planning Authority:

West Berkshire Council
Council Offices                                 
Market Street
Newbury
Berkshire 
RG14 5LD

Telephone: 01635 519111
Web: www.westberks.gov.uk

Method of Sale

Please refer to the particulars of sale for further details on the Method of Sale.

Technical Information Pack

A copy of the Technical Information Pack is accessible via our Data Room.  Login details are available upon request.

Viewing And All Other Enquiries

Please refer to particulars of sale for block viewing dates.

 

Overdene House, Reading, RG7 5BX
Type: Land, Office, Commercial Land, Offices
Location: Overdene House, 49a Church Street, Theale, Reading, RG7 5BX
Size: 2547.82 Sq Ft
Images: 3
Brochures: 1
View Property
For Sale£175,000.00
New
Opportunity to purchase this freehold commercial unit with trading café business.
LOCATION
Situated to the lower end of Union Street,in a good footfall location close to the beaches and Esplanade, within the popular shopping and licensed leisure area of Ryde town centre, adjacent Toymaster and House of Zabre, close to Liz Earle and other independent boutique stores.
DESCRIPTION
Offered for sale is this Grade II Listed ground floor unit offering approximately 41 sq meters (442 sq ft) of retail/seating space plus kitchen, storage and staff WC. The property also benefits from a rear garden and rear pedestrian access from Union Road.

The Coffee Pot has been trading for 28 years as a café premises and has a great customer base including locals and tourists alike.

Retail/Seating Area 10.1m x 4.0m

Kitchen - equipped commercial kitchen 5.4m x 2.24m

Store 3.84m x 2.24m max

An inventory and accounts can be shown on request to bona fide applicants and only once a viewing has been undertaken.

TERMS
Our client is asking for offers in the region of £175,000 for this freehold property and business to include fixtures, fittings, goodwill plus stock at valuation.
OUTGOINGS
The VOA shows a rateable value of £7,500, rates payable circa £3,600 per annum, this does not include any applicable small business rates relief.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
The Coffee Pot 10 Union Street Ryde
Type: Restaurant/Cafes
Location: 10 Union Street, PO33 2DU
Size: 442 Sq Ft
Images: 1
View Property
For Sale£25,000.00
New
Plot of amenity land. Approx. 0.75 acres Easy access from Newport.
LOCATION
Small plot, approximately 0.75 acres, of amenity land just off Long Lane and within easy access of Newport.
DESCRIPTION
Currently the land is rough grassland with a right of way granted from Long Lane.



Ideal for recreational use and could be used to site a caravan, subject to the necessary consents.



TERMS
Our clients are offering the freehold of the site with a price guide of £25,000.
PLANNING
Currently there are no planning applications on the site but historically has had planning for the retention of a chicken house, goose house and caravan used as a tool and feed store with hay store. We are led to believe but can't confirm that some of the dilapidated structures may be buried beneath the undergrowth.
VIEWING
Strictly by appointment only. Please contact the agents on 01983 527727 or commercial@hrdiw.co.uk
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
Land at Long Lane Newport IOW
Type: Land, Commercial Land
Location: Long Lane, PO30 2NW
Images: 2
View Property
For Sale£75,000.00
New
B1, B2 and B8 industrial or office ground floor rates exempt modern starter units available to buy or lease in a variety of sizes and configurations.
LOCATION
Situated to the north of Newport town centre, the Island's County Town. The property is located in the Islands largest Industrial and business area and neighbouring occupiers include Gurit, Vectawave Technology and the DVSA. St Cross Business Park is just opposite and houses occupiers such as NHS, Glanvilles Damant solicitors and The Care Learning Centre.

Newport is the hub of the Island and offers great links to Cowes and Ryde with easy access via passenger ferry to Southampton and Portsmouth. The car ferries at Fishbourne and East Cowes are also within a short drive.
DESCRIPTION
Available is Block C, a modern R&D and light industrial accommodation which is available in a variety of sizes and configurations to lease.

Sizes range from starter units of some 900ft² (83.6m²) upwards in bay multiples, over one or two floors as appropriate suitable for a variety of occupiers, subject to any necessary consents.

The building is of a modern steel framed construction and is currently in a ‘shell finish’ however, our clients are prepared to consider a fit out to specific requirements from the current specification to a fully finished Grade A open plan office accommodation.

Electrically operated up-and-over roller shutter style doors are available separately if required as is a choice of windows/front door arrangements.

The site will be fully DDA compliant with services ready for connection.

The plan attached is for identification purposes only and is not to scale but shows the core areas that will serve the first floor via a lift, stairs and shared WCs.

Parking allowance is one space per 380 ft² (35.3m²) occupied.

TERMS
The units are available to purchase on the basis of 999-year ground leases (effective freeholds). Prices from £75,000 per single bay dependent on finish required.

OR

on new flexible leases, with rentals calculated from £8.50 per sq ft + VAT through to £12.50 per sq ft + VAT, subject to terms and specification by way of new commercial lease arrangements, subject to terms and effectively on a full repairing and insuring basis.

Rental applicants are asked to note that a variable service charge will apply to cover external areas and car parking, and in the event of an occupier having use of the main ‘Core’ facilities a further service charge will include servicing of shared internal areas.

Otherwise, the Landlord will insure the building with the tenant to pay their appropriate portion of the premium.
OUTGOINGS
The property will need to be re-rated upon occupation by the VOA.
VAT
VAT is payable on this property.
SERVICE CHARGE
To be confirmed.
VIEWING
All viewings to be arranged via HRD Commercial on 01983 527727 or Scotcher and Co 01983 822228.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
Block C The Apex Monks Brook Newport
Type: Industrial, Light industrial, Office, Business park, Offices
Location: Unit C, The Apex, St. Cross Business Park, Monks Brook, PO30 5XW
Size: 900
Images: 6
View Property
For Sale£950,000.00
New
An opportunity to purchase a farm with approximately 40 hectares/100 acres of agricultural land with plot with extant planning permission for a residential dwelling subject to an agricultural occupancy condition.
LOCATION
Little Duxmore Farm is situated on the outskirts of Havenstreet, approximately 2 miles south west of Ryde.

The site is located in a lovely rural position within an area of outstanding natural beauty. It is within a short drive to the town of Ryde with its amenities and links to Portsmouth via the Fastcat and Hovercraft. Newport, the Islands County Town, is also within a short drive.

DESCRIPTION
Offered for sale is approximately 40 hectares /100 acres of arable land with some woodland. Little Duxmore provides far reaching views across the Island and the Solent and has mainly been utilised as arable farmland.



There are three Atcost barns which are currently let measuring approximately:

Barn 1 - 153 sq m (1646 sq ft)

Barn 2 - 80 sq m (861 sq ft)

Barn 3 - 258 sq m (2777 sq ft)



The site also offers a plot with extant planning permission for the erection of a 3/4 bedroom family home.

Planning permission was granted in 2011 for an agricultural workers dwelling for which the foundations are already in place.

Proposed accommodation as follows:



Ground Floor

Bedroom 1 with en suite shower

Bedroom 2

Bedroom 3

Study

Family Bathroom



First Floor

Open plan Lounge, Kitchen & Dining Room

SERVICES
Mains electricity and water available.
TERMS
Our client is asking £950,000 for the whole. Basic Payment Scheme entitlements are available by separate negotiation.

Sporting rights in hand.

PLANNING
Planning permission was granted in October 2011 for a proposed agricultural workers dwelling under application numbers: P/01394/10 – TCP/00847/K.

All plans and permissions can be viewed at iwight.com by searching the above application numbers.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
Little Duxmore Farm Rowlands Lane Havenstreet
Type: Farm, Residential, Land, Commercial Land
Location: Little Duxmore Farm, Rowlands Lane, PO33 4DF
Size: 100 Acres
Images: 6
View Property
For Sale£210,000.00
New
A fantastic opportunity to purchase a retail unit with separate residential accommodation above, in a popular seafront location on Ryde Esplanade.
LOCATION
Situated on Ryde Esplanade, within a stone's throw of the stunning beaches and Marina this property provides an excellent opportunity for either an investor or owner occupier. The property offers fantastic views of the Solent and mainland beyond and

is ideally situated for locals or commuters alike. The town’s bus station is directly opposite with Hovertravel, the Island Line train and Ryde Pier with Fastcat links to Portsmouth being on your doorstep.
DESCRIPTION
Offered for sale is this Grade II Listed three storey property offering the following accommodation:

Ground Floor

Commercial unit with approximately 76 sq m (818 sq ft) of retail space plus 10 sq m (107 sq ft) of storage and WC.

The front of the property is glazed and offers excellent display space for retailers. This commercial space is currently tenanted and offers a good investment opportunity for landlords. The current tenancy has 3 years left to run and the rental income is £10,000 per annum.

Separate side access (from George Street) to the residential accommodation making it an ideal holiday home/holiday let.

The accommodation offers shared access to:

PRIVATE ENTRANCE HALL Stairs up to landing.

CLOAKROOM Low level WC and hand wash basin.

LIVING ROOM 19' 10" x 12' 11" (6.07m x 3.96m)

Spacious room with double window looking towards the Pier with sea views across the Solent to the mainland.

KITCHEN/BREAKFAST ROOM 19' 3" x 14' 0" (5.89m x 4.27m)

Really spacious room with fitted floor and wall mounted units. Two replacements windows. Feature ornate fireplace and breakfast bar.

STAIRS TO FIRST FLOOR

BEDROOM 1 14' 0" x 12' 0" (4.27m x 3.66m)

Double room with built in wardrobe. Small storage cupboard.

BEDROOM 2 12' 9" x 8' 11" (3.89m x 2.72m) Single room with views across the Solent.

BEDROOM 3 12' 9" x 11' 6" (3.89m x 3.51m) Double room with built in cupboard. Solent views.

BATHROOM A well proportioned bathroom comprising large shower cubicle, pedestal wash basin and low level WC.
SERVICES
The property has mains electric, water and drainage. A gas fired boiler provides all domestic hot water and central heating throughout via radiators to the residential only.
TERMS
Our client is asking £210,000 for this property freehold.
OUTGOINGS
Ground Floor Commercial

The VOA shows a rateable value of £9,000, the rates payable would be approximately £4320 per annum, not including any applicable small business rates relief.

First and Second floors residential

Council Tax Band B

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
13 Esplanade Ryde IOW
Type: Residential, Retail
Location: 13 Esplanade, PO33 2DY
Images: 10
View Property
For Sale£55,000.00
OR
For Rent£7,500.00 Per Annum
New
A great opportunity to purchase a trading gift shop in Sandown Town Centre.
LOCATION
Situated to the lower end of Sandown High Street this unit is located amongst various independent retailers and multi-nationals including Bet Fred.



Sandown is situated to the East of the Island has always proved a very popular tourist destination.

The construction of the new Premier Inn on the Esplanade will only serve to boost the town further by way of a continual tourist trade. Other permissions recently granted will also enhance the area in the next 12 months.

DESCRIPTION
Sandown Bay Gifts is a very well traded gift shop mostly serving the tourist industry. The gift shop currently trades 11 months of the year and would provide a great owner run business.



This double fronted unit offers two large display windows to the front and a retail space of approximately 70 sq m (753 sq ft) up to racking, plus a store/stock room of approximately 23 sq m (247 sq ft) with kitchenette and WC.

There is a rear access fire escape only from the store and further storage space under the bay windows to the front.

Also included in the sale is a security alarm, CCTV with monitor and hard drive and the property also benefits from an integrated fire alarm system with emergency lighting.



The walls of the property are racked and there are further extra stands and racking available to enable changes to display space as and when required.

SERVICES
The property has mains electric, water and drainage.
TERMS
Our client is asking £55,000 for the business to include fixtures, fittings and goodwill plus stock at valuation.



The landlord of the property has advised they will grant a new 6 year lease, subject to references at a rental of £7,500pa. There is an annual service charge payable which of £75 plus VAT and a 40% contribution towards the buildings insurance and a rent review at the end of year 3.

OUTGOINGS
The VOA shows a rateable value of £8,200. Using the current UBR the business rates payable will be circa £4,000, this does not include any applicable small business rates relief.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
Sandown Bay Gifts 87 High Street Sandown IOW
Type: Retail
Location: 87 High Street, PO36 8AQ
Size: 753 Sq Ft
Images: 3
View Property
For Sale£425,000.00
New
Opportunity to purchase a non trading care home in a lovely residential location in East Cowes.
LOCATION
Situated in Victoria Road East Cowes the property is within walking distance of the town centre and its amenities. East Cowes is seen as an up-and-coming area with the Waitrose Store, planned new marina, revised Red Funnel terminals and other progressive developments.

East Cowes has a population circa 7300 (census 2011) and has a wealth of local amenities including the newly built doctors surgery, schools and links via Red Funnel to Southampton.

The town benefits from an influx of visitors each year as the floating bridge, situated just around the corner, takes passengers across the Medina to Cowes.
DESCRIPTION
Offered for sale is this former care home offering accommodation over three floors. This converted property was originally a pair of semi detached properties and could easily be converted back to offer two lovely residential properties, subject to gaining any necessary consents.

Accommodation comprises:

Ground Floor

7 x Bedrooms

Lounge/Dining Room

Coffee Lounge/Reading Room

2 x Separate WC

Lift

First Floor

10 x Bedrooms (9 en suite)

Bathroom

Lift

Second Floor

Staff Room

Kitchen

Food Store

Laundry Room

Staff Bathroom

Office

Store Room

Lift

To the front of the property is a paved driveway offering off road parking for several vehicles. The garden to the rear is substantial and is mostly laid to lawn.
SERVICES
The property offers mains gas electric water and drainage. The electricity is separated between the two properties, the water and gas will require separation. There are 3 boilers that serve the property and solar panels to the roof.
TERMS
Our client is asking £425,000 for this substantial freehold property.
OUTGOINGS
The property is rated for Council Tax, Band G.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
43 Victoria Grove East Cowes
Type: Residential, Flat, House, Residential Land, Healthcare, Other Property Types & Opportunities
Location: 41-43 Victoria Grove, PO32 6DL
Images: 9
View Property
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