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Commercial properties for sale

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For SalePOA
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.
For Sale£1,200,000.00
OR
For Rent£87,000.00 Per Annum
The property comprises two adjoining warehouse/industrial units of steel portal frame constructed in 2007. Two storage mezzanines have been installed in each unit, which are available by separate negotiation. The property benefits from:

*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.
For Sale£4,500,000.00
Land for sale

Suitable for mixed uses or possible residential development

Site approx. 17,650 sq.m. with potential 7 metres right of way of access through Mayflower High School ground (subject to planning permission and Secretary of State consent).

Terms, unconditional offers or conditional offers with or without overage are invited by 19th February 2019.

Viewing strictly by appointment only.

Offers must exceed £4.5m.

Indicative boundaries shown for guidance purposes
For SalePOA
City Centre Development Site
Expressions of Interest
For SalePOA
• Rare freehold opportunity comprising two sites of approx. 2.96 acres (A) and 11.8 acres (B), totalling approx. 14.78 acres

• Both sites allocated within the Epping Forest District Council Local Plan Submission Version (2017) for residential development

• Close proximity to local amenities along Debden Broadway and Loughton town centre approx. 1 mile to the west

• Excellent transport links into central London via Debden Station (Central line) approx. 500m to the south

• Sites are available on an unconditional basis either as a whole or on a separate basis
For SalePOA
MIXED-USE DEVELOPMENT / INVESTMENT FOR SALE
STRATFORD, LONDON E15

Existing commercial premises benefitting from permitted development rights to convert to residential whilst offering further potential to add value.
For SalePOA
DEVELOPMENT OPPORTUNITY

Former NHS Health Centre, St John’s Lane, Bristol, BS3 5AJ

 Prominent development site (subject to planning)

 c. 0.43 acres

 Freehold with vacant possession
For SalePOA
PROMINENT DEVELOPMENT OPPORTUNITY FOR SALE

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.
For Sale£625,000.00
New
Industrial 0.5 acre site with a 12,200 sq.ft building used as a Snooker and social club together with 40 car spaces.

Potential for further commercial development, nearby retail warehouse occupiers are Range DIY centre, Screwfix, Farmfoods & Formula 1 Auto Centre.
Industrial Building on 0.5 acre Site for Sale
Type: Industrial, Leisure, Land, Retail, Warehouse, Commercial Land
Location: 61 Valley Road, CO15 4AQ
Images: 1
Brochures: 1
View Property
For SalePOA
New
Modern dealership fronting the A461 Brettell Lane, located between Stourbridge and Merry Hill Centre,

Property totalling 12,535 sq ft (1,165 sq m), on a site area of 1.41 acres (0.57 hectares) representing a low site density of 20%

To be let on completion to Nissan Motor (GB) Limited (D&B 5A1) for a term of 20 years at a starting rent of £145,000 p.a. (£11.57 psf overall)

5 yearly rent reviews to RPI collared and capped at 1% - 4% p.a. respectively

Price £2,700,000 (5.00% NIY assuming purchasers costs of 7.8%)
Car Dealership Investment Opportunity
Type: Light Industrial, Retail - Out of Town, Business park, Mixed Use, Showroom, Other, Industrial, Retail, Offices, Other Property Types & Opportunities
Location: West Way Nissan Brettell Lane, Brierley Hill, DY5 3LS
Size: 12535 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£170,000.00
New
INVESTMENT FOR SALE
Ground Floor Retail with Residential Upper Parts. The premises are prominently located on the junction of Lower Addiscombe Road (A222), Cherry Orchard and Morland Road.
59 Lower Addiscombe Road, Croydon, Surrey CR0 6PQ
Type: Residential, Retail
Location: 59 Lower Addiscombe Road, CR0 6PQ
Size: 427 - 591 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£1,495,000.00
New
• 5,873 sq ft (546 sq m)
• Grade II Listed building
• Freehold hotel investment (lease expiry 23 June 2026)
• Potential reversionary value for student letting conversion end of lease STPP (up to 16 en-suite rooms)
• 11 existing hotel rooms plus bar, reception lobby, dining room, WC's.
• Rent: £100,000 per annum, exclusive
• Asking Price: £1,495,000
. ◦ (6.30% NIY with purchaser's costs at 6.11%)
34 OLD ELVET, DURHAM CITY DH1 3HN , FREEHOLD HOTEL INVESTMENT
Type: Hotel, Leisure Property, Hotels, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Licensed & Leisure
Location: 34 Old Elvet, DH1 3HN
Size: 5873 Sq Ft
Images: 8
Brochures: 1
View Property
For Sale£180,000.00
New
Opportunity to purchase a Georgian Grade II Listed property in a great location in Ryde.

LOCATION
Situated in Ryde within a mix of residential and commercial properties close to the beaches and within walking distance of the town. Ryde is the largest town on the Island by population and offers plentiful amenities from convenience shopping to doctors, schools and good transport hubs. The cross Solent ferries are also closely as is the Island Line train with links through to Shanklin.

DESCRIPTION
This Georgian property is thought to date back to circa 1812 and is thought to be the first free school in Ryde. Offering approximately 250 sq m (2691 sq ft) of commercial ground floor space. The whole site measures overall 582 sq m (6264 sq ft).

Subject to planning permissions this property could either be converted to provide great residential accommodation or even converted back to its former self.

TERMS
Our client is asking for offers over £180,000 for this site. Only unconditional offers will be considered.

OUTGOINGS
The VOA shows a rateable value of £5,800. The rates payable will be circa £2785 per annum. This doesn't include any applicable small business rates relief. Please note that Grade II Listed properties do not pay business rates when they are vacant.

VIEWING
All viewings to be arranged and accompanied by HRD Commercial. Due to the condition of the property persons viewing must take great care and do so at their own risk.

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.
Vectis Hall Melville Street Ryde
Type: Residential, Light Industrial, Storage, Other, Industrial, Other Property Types & Opportunities
Location: Melville Street, Ryde, PO33 2AE
Size: 250 Sq M
Images: 1
View Property
For Sale£310,000.00
OR
For Rent£15,000.00 Per Annum
New
Monmouth is the historic county town of Monmouthshire and is situated 2 miles west of the border with England. The town is 30 miles north east of Cardiff and 113 miles west of London. Monmouth is a thriving market town benefiting from sessional tourism due to its proximity to the Wye Valley.

Agincourt Square forms part of the primary retailing district within the town where both national and local retailers are present. The property is situated directly opposite the historically significant Grade I* listed Shire Hall. Notable occupiers in close proximity include Barclays, HSBC and Joules.

16 Agincourt Square is a mid terraced Grade II listed Georgian building with accommodation over four floors. The vacant ground floor and basement area was most recently used as a building society. The ground floor consists of sales area with security partitioning, two WC’s towards the rear and access to the garden area. The basement provides ancillary storage and staff kitchen area.

The self contained first and second floors were previously used as offices. Planning permission has been granted for a three bed maisonette although no works have been carried out. Planning Application Number: DM/2018/00386.
16 Agincourt Square, Monmouth, NP25 3DY
Type: Offices, Flat, General Retail, Retail - High Street, Residential, Retail
Location: 16 Agincourt Square, NP25 3DY
Size: 1256 - 2282 Sq Ft
Images: 2
Brochures: 1
View Property
For SalePOA
New
Freehold.
Prominent roadside location fronting the A358.
Commercial site of 0.708 acres and adjacent bungalow. Total 0.841 acres.
Retail Unit 1: Vacant. 2,472 sq ft.
Retail Units 2 & 3: 4,208 sq ft plus forecourt, office and car parking. Let, totalling £30,200 per annum.
3-bed bungalow let on an AST.
Leases to 2021 and 2022 outside the Landlord & Tenant Act 1954.
Suitable as an investment or redevelopment for commercial or residential use.
Available as a whole or without Bowlands bungalow.
Units 1-3 & The Welcome Garage and Bowlands, Furnham Road, Chard TA20 1AX
Type: Residential, Retail, House, Residential Land, General Industrial, Industrial Park, Light Industrial, Warehouse, Storage, Land, Design & Build, Mixed Use, Petrol Station, Showroom, Research & Development, Other, Industrial, Commercial Land, Other Property Types & Opportunities
Location: Units 1-3 & The Welcome Garage AND Bowlands, Furnham Road, Chard, TA20 1AX
Images: 1
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 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£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
For Sale£225,000.00
New
Opportunity to purchase a substantial commercial unit with residential in Shanklin Town Centre.
LOCATION
Situated on the corner of Cross Street and North Road in Shanklin, this prominent corner unit is opposite Regent Street and benefits from good visibility to passing traffic.

Shanklin offers a population circa 9000 (2011 census) and is a great shopping and retail hub to the south of the Island. Benefitting from year round trade and a boost in numbers in the summer season due to the high volume of tourists visiting the Old Village each year.

Shanklin offers good links to Lake, Sandown and Ryde via the railway and easy access to Ventnor.
DESCRIPTION
A substantial ground floor & part first floor commercial unit currently trading as a hair salon. The whole property offers approximately 200 sq m (2152 sq ft) including staff areas and reception.

To the rear of the unit with a separate access is a ground floor one bedroom flat with open plan living room/kitchen, shower room and WC. When let this unit provides income circa £4740 per annum, tenancy currently under application on an Assured Shorthold Tenancy agreement.

The unit also benefits from planning permission for conversion of part of the commercial unit to a 1 bedroom apartment with open plan living room/kitchen and bathroom. A copy of the planning permission and plans can be seen on request.


TERMS
Our client is asking guide price £225,000 for this substantial property with the benefit of the planning permission for conversion of part and a tenant in the residential apartment to the rear.
OUTGOINGS
The VOA shows a rateable value of £10,000, using the current UBR the rates payable will be approximately £4790 not including any small business rates relief where applicable. Please note once the conversion of part has been undertaken the unit will need to reassessed for business rates.
PLANNING
Planning permission for conversion of part to residential can be found at www.iwight.com by searching TCP/00497/X or P/00187/17.
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.
Corinthian Court Cross Street Shanklin
Type: Residential, Retail, Other, Other Property Types & Opportunities
Location: Corinthian Court, Cross Street, Shanklin, PO37 6BU
Images: 3
View Property
For Sale£79,950.00
New
nvestment Sale One Bedroom First Floor Apartment
LOCATION
This first floor flat forms part of a converted building consisting of similar style properties. The town centre with a variety of shops and other amenities is only minutes away, whilst both the beach and local train station with direct mainland ferry links are within easy walking distance.
DESCRIPTION
The accommodation comprises a lounge/kitchen, double bedroom and an en suite shower room. Additionally, the property has access to a communal laundry room and the resident's car park. The property is currently tenanted on an assured shorthold tenancy and is achieving £395 PCM. The regular income and convenient location makes this an ideal buy to let investment.

ENTRANCE HALL

LOUNGE/KITCHEN 14' 2" x 13' 6" (4.32m x 4.11m)

BEDROOM 11' 3" x 12' 5" (3.43m x 3.78m)

BATHROOM 17' 11" x 3' 0" (5.46m x 0.91m)

OUTSIDE To the rear of the building there is a gravelled car parking providing allocated parking to the residents of 20 Carter Street. There is also access to a communal bin store.

HEATING Night storage heaters.

COUNCIL TAX BAND: A

Please note that Flat 2 is also for sale in the block with a rental income of £5,100 per annum.

Each apartment benefits from a share of the freehold.

There is also a large car park on the site that would lend itself to a small development subject to gaining the necessary permissions and the agreement of the other freeholders.

NB Under section 21 of the Estate Agency Act Hose Rhodes Dickson are required to declare an interest in the property as the property is owned by a member of staff.
TERMS
Our client is asking for £79,950 for this investment opportunity.
PARKING NOTES
1 allocated parking space to rear.
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.
Flat 4 20 Carter Street Sandown
Type: Flat, Residential
Location: Flat 4, 20 Carter Street, PO36 8BP
Images: 2
View Property
For Sale£425,000.00
New
Three storey property to purchase in good a location in Ryde, close to town, esplanade and beaches.
LOCATION
Situated in Ryde this property is within a mix of residential and commercial properties. Ryde is the largest town by population on the Island and offers links to Portsmouth via the Fastcat and Hovercraft.

The property is situated within easy walking distance of the Esplanade with the Hovercraft, train and bus stations giving easy transport links.

DESCRIPTION
This Grade II listed property is currently being utilised as 6 separate offices (with separate lower ground floor flat) but could be converted into one large house with 7 bedrooms and an additional lower ground floor apartment or alternatively into 5 separate apartments subject to all the necessary consents.

Accommodation Comprises:

LOWER GROUND FLOOR APARTMENT

Lounge/Diner 16' 0" x 13' 10" (4.89m x 4.22m) Kitchen 11' 8" x 7' 7" (3.57m x 2.32m)

Bedroom 1 14' 8" max x 14' 3" (4.49m max x 4.35m) Bedroom 2 12' 7" x 8' 8" (3.86m x 2.65m)

Bedroom 3 15' 7" x 7' 6" max (4.75m x 2.3m max) Bathroom

WC

MAIN RESIDENCE GROUND FLOOR

Entrance Hall

Sitting Room

Dining Room

Kitchen

Inner Lobby

Storage Cupboard

WC

Living Room

Office/Bedroom 7

FIRST FLOOR

Half Landing

Bedroom 1

Bedroom 5

Bedroom 6 / Potential En Suite for Bedroom 1 & 4 WC

Landing

Bedroom 2

Bedroom3

Bedroom 4

Playroom

Bathroom

There is a zoned security alarm, integral fire alarm system, Category 2 lighting, intercom security system and gas central heating.

The property was previously being utilised as office space and a three bedroom apartment to the Lower Ground Floor. Both of these have previously been let and achieved a total income circa £20,000pa.
SERVICES
The property has gas central heating, electric, water and mains drainage.
TERMS
Our client is asking for Offers in Excess of £425,000 for this period property.
OUTGOINGS
The VOA shows current rateable value for the ground floor room as £1,325 and for the first floor £7,200.

Rates payable in total approx. £4,090, this figure is without any applicable small business rates relief.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 to arrange an appointment.
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.
22 George Street Ryde
Type: Residential, Offices, Mixed Use, Other, Other Property Types & Opportunities
Location: 22 George Street, PO33 2EW
Images: 1
View Property
For Sale£400,000.00
New
A great opportunity to purchase an investment block in Niton to be bought as one or split in two lots.
LOCATION
Niton is a small village and offers a convenience store, a school and public houses. The beaches are a short drive away as is the coastal town of Ventnor which offers further amenities.

Westcliffe Chalets, a secluded private development set in beautiful gardens which are situated on the southern side of the Isle of Wight, just south of the village of Niton. The site, which is only suitable for adults, has 26 individually owned chalets, of which only 15 are currently available for rental so the area is always quiet and peaceful.

The chalets, most of which are south-facing, are built on three levels and surrounded by well-tended gardens with an abundance of colourful plants and shrubs inspired by the botanic gardens at nearby Ventnor.

Westcliffe provides an ideal base from which to explore the island, with super walks down to the local beach, St Catherine’s Lighthouse or along the coastal path that runs right past the front gates. The site lies within an area which has AONB status (Area of Outstanding Natural Beauty) and is a 15 minute walk inland from the Heritage Coast, much of which is National Trust land.

The village of Niton, which is just a 10 minute walk from Westcliffe, has an excellent general store, a chemist and a post office which also incorporates a tearoom.

There are two local pubs within easy walking distance: The White Lion which offers both fine food and real ales is situated in the village, and the Buddle Inn, with a similar menu, is a ten minute walk towards the coast.

The nearest town is Ventnor, a Victorian seaside resort which is a 15 minute drive, whilst the Island’s capital, Newport, where you will find all the major stores, is a half hour trip.
DESCRIPTION
Offered for sale is this freehold site comprising 26 chalets. 24 of these chalets are are sold off on long leases (a schedule of leases can be provided). The remaining two are owned by the vendor and provide the following accommodation:

Unit 1: Open plan living/diner/kitchen (4.04m x 2.74m), double bedroom (2.65m x 2.11m) and shower room. Seating area to the front with sea views.

Unit 13: Kitchen/diner (2.74m x 4.06m), living room (2.74m x 3.99m), bedroom 1 (2.71m x 2.07m), bedroom 2 (2.72m x 3.0m), bathroom with WC & separate WC. To the front of this unit is a large deck with sun room (4.04m x 3.53m).

All chalets are south facing and benefit from communal grounds, gardens and secure car park.

The site benefits from the income generated from the annual ground rents, approximately £2,400 per annum. The leases state an increase of the ground rent every 25 years. There is also a rental income from chalets 1 & 13; approximate total rental income £11,500 per annum.

There is a service charge levied to all owners on site, this covers management fees and any maintenance for the site, total service charge approximately £4,500 per annum.
TERMS
The site will be split into two lots:

Freehold of the site with the benefit of the ground rents in place and two chalets with vacant possession - £400,000

or

The freehold of the site with the benefit of the ground rents in place - £275,000
VIEWING
All viewings strictly 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.
Westcliffe Chalets Boxers Lane Niton
Type: Land, Residential Land, Other, Commercial Land, Residential, Other Property Types & Opportunities
Location: 18 Westcliffe, Boxers Lane, PO38 2EJ
Images: 7
View Property
For Sale£1,000,000.00
New
The property comprises a middle terrace 2 storey commercial building. The ground floor measuring c2000 sqft is used as a restaurant within the Use Class A3 (Retail) and the 1st floor for staff accommodation.

Location
The property occupies a prominent position on the High Road (A118) in Ilford, within the London Borough of Redbridge. The immediate area comprises a mix of commercial and residential uses, and is currently undergoing extensive regeneration.

Ilford town centre is located approximately 0.25 miles (circa 5 minute walk) to the west of the site, offering numerous shops and restaurants as well as Ilford Exchange Shopping Centre.

Ilford Station is located circa 0.5 miles to the west and Seven Kings Station is located circa 0.8 miles to the east. Both now operate Crossrail / Elizabeth Line services with journey times including:

Ilford to Canary Wharf: 17 minutes
Ilford to Bond Street: 24 minutes
Ilford to London Liverpool Street: 18 minutes

Tenancies
The entire property is let on a 10 year FRI lease from December 2016 with a break clause in March 2021.

The initial rent is £59,000 per annum subject to rent review in March 2021.

Tenure
The property will be sold freehold with the existing tenant remaining in-situ.
FREEHOLD INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL (subject to planning permission)
Type: Residential, Retail
Location: 307-309 High Road, Ilford, IG1 1NR
Images: 5
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For Sale£2,750,000.00
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Part income producing - second floor let to Devon Partnership NHS Trust at £98,000 per annum exc. until Nov 2026

OFFERS OF £2,750,000 ARE INVITED FOR THE FREEHOLD
INVESTMENT / DEVELOPMENT OPPORTUNITY
Type: Office, Offices
Location: Sherborne House, Kingsteignton Road, TQ12 2PF
Size: 36015 Sq Ft
Images: 1
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