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Commercial properties for sale in Dalemain Mews, E16

Create Alert 45 results Sorry, we currently do not have any listings for sale in 0 miles of Dalemain Mews, E16 - Please find below the nearest listings available.
For Sale£950,000.00
• Located in an affluent London borough

• Prominent position on the High Street

• Development opportunity with low site cover of approx. 40%

• Freehold

• Offers in the region of £950,000, subject to contract



Location

Chislehurst is an affluent suburb in South East London, within the London Borough of Bromley. It is situated approximately 22 km (14 miles) north of Central London, 5 km (3 miles) east of Bromley and 2.4 km (1.5 miles) south-west of Sidcup.

Chislehurst benefits from good road communications being located 1.6 km (1 mile) west of the A20 which provides a direct link to the M25/M20 Intersection approximately 9.6 km (6 miles) to the south-east. Chislehurst can also be accessed via the A208 from Mottingham, B263 from New Eltham and A222 from Bromley.

In addition, there are frequent rail services to London Charing Cross and London Cannon Street with a fastest journey time of approximately 30 minutes. London City Airport is located approximately 13 km (8 miles) to the north and Gatwick Airport some 43 km (27 miles) to the south-west.


Situation

The subject property is situated in the heart of Chislehurst occupying a prominent position on the High Street, close to its junction with Park Road. Chislehurst Railway Station is approximately 1.6 km (1 mile) to the south. Surrounding occupiers include Costa, Kinleigh Folkard & Hayward, Santander, Sainsbury’s, Lloyds Pharmacy, Café Nero and Cote Brasserie.


Description

The property comprises a 2-storey mid-terraced mixed-use building currently arranged over and first floor levels.

The ground floor comprises a double-fronted retail unit.

The first floor comprises two self-contained residential flats which are currently vacant. The flats are accessed from the rear of the property, via Queens Road.

The property benefits from a substantial garden and parking to the rear.


Development Potential

As shown from the aerial photographs, the property benefits from a substantial rear area. With the current site cover of approximately 40%, we suggest that the property offers potential for extension and development on the rear site, subject to appropriate consents. It should be noted that a modern residential scheme runs parallel to the rear undeveloped section of the property, indicating the potential. This is clearly visible from the aerial photographs.


Accommodation

The property has been measured by BKR Floor Plans and provides the following floor areas:

Ground Floor

Gross Frontage 7.32m 24’0”
Net Frontage 6.45m 21’2”

Zone A 41.81sq m 450 sq ft
Zone B 43.01 sq m 463 sq ft
Zone C 9.57 sq m 103 sq ft
ITZA 707
Ground Floor Total (NIA) 94.39 sq m 1,016 sq ft
Gross Internal Area (GIA) 99.59 sq m 1,072 sq ft

First Floor

Flat 22A 40.78 sq m 439 sq ft
Flat 24A 40.32 sq m 434 sq ft
First Floor Total (GIA) 81.10 sq m 873 sq ft

Plot Size 307.88 sq m 3,134 sq ft

The measured survey report is available to download and will be assigned to a purchaser at a cost of £435 + VAT.


Tenure

Freehold


Tenancy

The ground floor shop is let to Dianne Yarlett, trading as Fortvny (ladies wear) on an effective full repairing and insuring lease for a term of 5 years from 11th January 2019, expiring on 10th January 2024. The current passing rent is £38,000 per annum. The tenant has the right to use two car parking spaces within the rear car parking area.

The residential accommodation is vacant.


Market Commentary

We suggest that the existing residential accommodation has the potential to generate an income of £1,000 per month per flat. In addition, we suggest that the existing one-bedroom flats have the potential for capital values in the region of £250,000 in a refurbished condition.


VAT

The property has been elected for VAT.


Proposal

We are instructed to seek offers in the region of £950,000 (Nine Hundred and Fifty Thousand Pounds), subject to contract, for the freehold interest.

The asking price represents £488 per sq ft on the existing gross internal area.

Allocating an investment yield of 6% to the retail accommodation equates to a value of only £350,000 in relation to the upper parts. This equates to £400 per sq ft in respect of the existing residential accommodation compared to sale values suggested in the region of £575 per sq ft / £500,000. These figures exclude allocating value for the rear land of approximately 1,880 sq ft / 184 sq metres.

Assuming rental values of £1,000 per month for each flat, when refurbished, the property within the existing structure has the potential to produce a gross income £62,000 per annum. Based upon the asking price, this represents a gross yield of 6.5%.


Please note that a purchaser will be re-charged the costs of searches and surveys which are provided in the data room.

Please note a purchaser will be charged a transaction fee of £3,750 + VAT.


Investment Considerations

1. An opportunity to acquire a freehold retail and residential investment offering development opportunity;

2. The property is located within an affluent London borough in a prominent position on Chislehurst High Street;

3. The property has a low site cover;

4. The asking price reflects an attractive capital value and potential income return;

5. An attractive lot size to an investor;
London Retail / Residential Investment with Development Potential
Type: Residential, Land, Retail, Mixed use, Commercial Land, Other Property Types & Opportunities
Location: 22-24 High Street, BR7 5AN
Size: 99.59 Sq M
Images: 17
Brochures: 1
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For Sale£450,000.00
Long Leasehold Investment For Sale - Subject to subsisting lease • Shop A1 Use: 450 sq. ft. and Basement: 440 sq. ft. • Lease (T/A Alicia Hair & Beauty) FRI for a term of 10 years from May 2018 subject to a rent review at the 5th year • Passing rent: £28,500 p.a.x. • BUSINESS NOT AFFECTED • Price £450,000 subject to contract only. Sole Agent
Long Leasehold Investment - For Sale - Subsisting lease - Income: £28,500 p.a.x.
Type: General Retail, Retail - High Street, Retail
Location: 266 King Street, W6 0SP
Size: 890 Sq Ft
Images: 6
Brochures: 1
View Property
For Sale£3,500,000.00
Must See
Recently developed mixed-use building located circa 0.3 miles from Chadwell Heath Station

Comprising 2 commercial units and 60 residential apartments (50 sold off, 10 let on ASTs) producing a total rental income of £224,000 per annum

Outline planning permission for the construction of 16 additional residential apartments within the car park area

Offers invited in excess of £3,500,000 for the freehold interest
Investment & Development Opportunity For Sale
Type: Mixed use, Residential, Other Property Types & Opportunities
Location: Spectrum Building, Freshwater Road, Dagenham, RM8 1EH
Images: 1
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For Sale£1,100,000.00
•FREEHOLD FOR SALE
•D1 USE
•PLACE OF WORSHIP / COMMUNITY / CHILDCARE / EDUCATION / MEDICAL
•GRADE II LISTED
•GROUND - 2150 sq.ft (199.74 m2)
•FIRST - 750 sq.ft (69.68 m2)
•LARGE GARDEN/YARD
D1 BUILDING FOR SALE - GRADE II FREEHOLD
Type: Healthcare, Mixed Use, Other, Other Property Types & Opportunities
Location: 383 Barking Road, E13 8AL
Size: 2000 - 2900 Sq Ft
Images: 4
Brochures: 1
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For SalePOA
Offering these two delightful brand new two bedroom semi-detached homes conveniently located on this popular residential road.

These ground floors of these homes comprise of superb reception / dining rooms, separate kitchens and a handy downstairs cloakroom. On the top floor there are two double bedrooms and a sleek bathroom. The properties benefit from private garden space, off street parking and would make an ideal first time purchase.

Bexleyheath is home to the borough’s largest shopping facility, providing high-street names, and convenient supermarkets. In the town centre there is a range of delightful restaurants and pubs and amenities such as a bowling alley and a cinema to enjoy. The popular Barnehurst Golf Club is also within easy reach. Barnehurst Station is just a short walk away, providing excellent transport links into London stations such as Charing Cross, Cannon Street and Victoria.

Contact Kallars on 020 3848 1399 or email landandnewhomes@kallars.com for more information.
Plots For Sale - Bexleyheath, DA7
Type: Residential, Land, Commercial Land
Location: 72a Eversley Avenue, DA7 6RF
Images: 1
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For SalePOA
FREEHOLD RETAIL INVESTMENT WITH RESIDENTIAL GROUND RENT FOR SALE

Investment Summary

• Located in the highly affluent London Borough of Richmond upon Thames.
• Lower ground and ground floor cocktail bar close to Richmond Riverside.
• Fully let to Be At One Richmond Limited for nearly 15 years.
• Total income of £43,350 per annum.
• Freehold.
• Offers sought in excess of £750,000 (Seven Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.

Location

Richmond is one of the most desirable locations in London to live, work and shop. This highly affluent London Borough is located approximately 8 miles to the east of Central London.

Transport links are excellent, Richmond station provides London Underground (District Line), Overground, and National Rail services (fastest journey time to London Waterloo – 19 mins). Both the M3 and M4 motorways are easily accessible and Heathrow Airport is only 12 miles to the west.

Richmond is an established commercial centre, with a host of national and international retailers, numerous bars and restaurants as well as an excellent leisure offering.

Situation

The property is situated on the south west side of Petersham Road close to its junction with
Bridge Street and Hill Street, being a secondary retail pitch within Richmond town centre. This
part of Petersham Road is part of an established restaurant area for Richmond. The property is
within a conservation area CA5.

Description

The subject property is of brick construction and is probably Victorian in origin and arranged
over lower ground, ground and three upper floors to provide a bar on the ground floor, kitchen,
storage with WC, s on the lower ground floor and three residential flats above. The upper
floors have been converted into three flats and sold on long leases.


Accommodation

The property provides the following approximate floor areas;

Lower Ground Ancillary 590 sq ft 54.81 sq m
Ground Sales 562 sq ft 52.2 sq m
Total 1,152 sq ft 107.01 sq m

Tenancy

The ground floor and basement are let to Be At One (Richmond) Limited who hold an effective
full repairing and insuring 15-year lease from 1st August 2018. The tenancy is protected by The
Landlord and Tenant Act 1954.

The three upper floor flats have been sold on 125-year leases from July 2012 at a ground rent
of £450 per flat per annum. We have not been advised of any increase in the rental during the
duration of the lease.

Tenure

Freehold.

VAT

The property is elected for VAT.

Proposal

We are instructed to seek offers in excess of £750,000 (Seven Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.

Legal Costs:

Each party to bear their own legal costs.

For further information please contact:

Michael Rogers LLP – 020 8332 7788
Niall Christian niall.christian@michaelrogers.co.uk

7A Petersham Road Richmond TW10 6UH
Type: Retail
Location: 7a Petersham Road, TW10 6UH
Size: 1152 Sq Ft
Images: 1
View Property
For SalePOA
Investment Summary
• Located in the highly affluent London Borough of Richmond upon Thames
• Prime retail unit on Hill Street opposite Richmond Riverside development
• Fully let to Sushi Shop London Ltd (on assignment from Joseph Limited) for a further 5.4 years
• Total income of £104,000 per annum
• Freehold • Asset management / development potential to split off the residential upper parts and redevelop the rear garage, subject to planning

Location
Richmond is one of the most desirable locations in London to live, work and shop. This highly affluent London Borough is located approximately 8 miles to the east of Central London.

Transport links are excellent, Richmond station provides London Underground (District Line), Overground, and National Rail services (fastest journey time to London Waterloo – 19 mins). Both the M3 and M4 motorways are easily accessible and Heathrow Airport is only 12 miles to the west.

Richmond is an established commercial centre, with a host of national and international retailers, numerous bars and restaurants as well as an excellent leisure offering.

Situation
28 Hill Street is prominently situated on Hill Street, in Richmond Town Centre, in a prime retailing position opposite the landmark Richmond Riverside development. The property forms part of a terrace of buildings that includes Cote, Byron, Antipodea, Space NK and Zadig & Voltaire.

Description
The property comprises a three-story building fronting Hill Street with garage and rear access from Castle Mews, via Castle Yard. 28 Hill Street comprises a prominent ground floor retail unit with basement storage. Above the retail unit is a large two-bedroom flat split over first and second floor, with its own access via the rear of the property. To the rear there is a large garage / store accessed from Castle Mews.

Accommodation
The property provides the following approximate floor areas;

Basement Ancillary 740
Ground Sales 1,135
Total Retail 1,875
First Residential 607 (GIA)
Second Residential 616 (GIA)
Total Residential 1,223 (GIA)
Garage / Store 340 (GIA)
Total Floor Area 3,438

Tenancy
The property is let to Joseph Limited on Full, Repairing and Insuring terms on a 15-year lease from 25th March 2009, to expire 24th March 2024, at a rent of £104,000 per annum exclusive. The lease
incorporates 5 yearly rent reviews and is contracted inside the Security of Tenure provisions of the Landlord and Tenant Act 1954.

Joseph Limited have assigned the lease to Sushi Shop London Ltd. We understand the upper floor residential accommodation has been let on an assured shorthold tenancy at a rent of £27,600 per annum.

Tenure

Freehold.

Asset Management / Development Potential

The current occupational lease includes the residential upper parts however we understand there is potential to re-gear the lease allowing the Landlord to take back the residential upper parts and rear garage / store. The rear garage / store has potential to be redeveloped into a Mews house, subject to planning. Residential capital values in the area are in the region of £800 - £1,200 per sq ft. Further information is available upon request.

VAT

The property is elected for VAT

Proposal

We are instructed to seek offers subject to contract and exclusive of VAT.

Legal Costs:

Each party to bear their own legal costs.

28 Hill Street Richmond TW9 1TW
Type: Residential, Retail
Location: 28a Hill Street, TW9 1TW
Size: 3438 Sq Ft
Images: 3
View Property
For SalePOA
Mixed residential and retail investment for sale. The majority occupied by Boots UK Ltd.
31-33 Replingham Road, Southfields, SW18 5LT
Type: Residential, Retail
Location: 31-33 Replingham Road, SW18 5LT
Size: 374.3 Sq M
Images: 1
Brochures: 1
View Property
For SalePOA
London roadside investment

Highly prominent location on the North Circular Road

Secure income – let to Kwik Fit

Pre-Tax Profits £54m, Shareholders’ Funds £126m

Approximately 12.75 years unexpired lease term

Residential element let for a further 85 years at ground rents

Large site offering potential future redevelopment opportunity, subject to planning

£1,395,000, subject to contract, for the SPV (Company)

5.0% net initial yield

Income set to increase following letting of advertising hoarding

Location
Walthamstow is situated within the London Borough of Waltham Forest in east London. It is an area which is currently undergoing significant regeneration and improvement.

Walthamstow is located approximately 11 km (7 miles) north-east of the City of London, 15 km (9 miles) north-east of the West End, 4.8 km (3 miles) north of Stratford and 6.4 km (4 miles) north-east of Stoke Newington.

Walthamstow benefits from good road communications, being adjacent to the North Circular Road (A406). The M11 Motorway is 4 km (2.5 miles) to the east and the M25 Motorway is approximately 11 km (7 miles) to the north. The A12 is approximately 3.2 km (2 miles) to the south.

The area is well served by public transport. Walthamstow Central station provides both Underground (Victoria Line) and Overground services with an approximate journey time to London Kings Cross of 15 minutes and London Liverpool Street of 20 minutes. Other railway stations include Queens Road (London Overground), Blackhorse Road (Victoria Line, London Overground) and St James Street (London Overground) Numerous bus routes provide access to London and for air travel, London City Airport is situated approximately 16 km (10 miles) to the south-east.

Waltham Forest has been awarded the London Borough of Culture 2019 by the Mayor of London. It is growing faster than any other borough in London. This is partly due to the significant effect of investment in Olympic legacy projects and to overall move eastwards of London’s economy.

Plans to redevelop the Mall shopping centre were approved in December. The new scheme will bring £200 million of investment, provide 8,000 square metres of new retail space. 350 new permanent retail jobs, 500 new homes, a new children’s play area and re-landscaped town square. As part of the agreement to redevelop the Mall, Transport for London has also agreed to spend £15 million to improve Walthamstow Central Station (Source: London Borough of Waltham Forest).

Walthamstow Wetlands is a publicly funded regeneration project just west of the centre of Walthamstow. The scheme reinvented a string of Victorian reservoirs into Europe’s largest urban wetland nature reserve with 13 miles of footpaths and cycle tracks. Costing £10.6 million, the 500-acre site opened in October 2017.

Situation
The subject property occupies an extremely prominent position fronting the busy B179 (Billet Road), abutting the Crooked Billet Roundabout Interchange with the North Circular Road (A406). The site is highly visible from, and has direct access to the North Circular Road. Therefore, the property benefits from a high volume of traffic.

Walthamstow Central station is approximately 2.4 km (1.5 miles) to the south. The surrounding area benefits from a wide variety of uses including residential and commercial. Nearby occupiers include Ford (adjacent) and Virgin Media.

There are several new residential developments in close proximity to the subject property. These include Banbury Park, a new development on Billet Road by Latimer comprising a selection of 1,2,3 & 4 bedroom houses and apartments. See www.banburypark.co.uk.

Description
The property comprises a former retail parade with residential upper parts. The retail units have been converted to provide storage and ancillary accommodation for the main business carried out by the tenant which includes an MOT, tyre, exhaust and servicing centre.

A yard to the rear of the site provides access to the main workshop accommodation which is contained within a ground floor extension behind the original shops.

There is a large advertising hoarding on the eastern elevation which is highly visible from the North Circular Road ((A406).

In addition to access via Billet Road, the property benefits from direct access via the North Circular Road.

There are five large maisonettes at first and second floor level which have been let on long leases.

In accordance with the tenant’s lease terms, a significant schedule of dilapidations has been agreed and the property is currently undergoing a substantial refurbishment programme of works.

Accommodation
The ground floor has a total Gross Internal Area of 475.48 sq m (5,118 sq ft) which was agreed between the Landlord and Tenant at the 29th September 2016 rent review.

The car park / yard area totals approximately 464.51 sq m (5,000 sq ft).

Site
We estimate the site area to be approximately 0.10 hectares (0.25 acres).

Tenure
Freehold.

Tenancy
The ground floor is let to Kwik Fit (GB) Limited on an effectively full repairing and insuring lease for a term of 25 years from 29th September 2006, expiring on 28th September 2031 (approximately 12.75 years unexpired lease term).

The current passing rent is £71,000 per annum. The lease benefits from 5 yearly upwards only rent reviews, the next being on 29th September 2021.

The permitted use under the terms of the lease is as retail sales, supply, storage and fitting of tyres shock absorbers, brakes, clutches, radiators oil and air filters, steering parts, exhaust batteries and tyre centre together with any other motorist components parts and accessories and/or MOT testing and/or the maintenance, servicing and repair of motor vehicles and as to the upper floors for private residential purposes, provided the ground floor of the Property may with the previous written consent of the Landlord be used for any use within the Use Class A1 or B1(c) B8 of the Town and Country Planning (Use Classes) Order 1987.

The 5 upper floor maisonettes have each been let for a term of 125 years from 10th October 1978 (84.75 years unexpired) at a rent of £50.00 per annum, hence a total ground rent of £250.00 per annum.

Hence, the total income to an investor is £71,250 per annum.

Advertising Hoarding

The freeholder is in negotiations with Kwik Fit (GB) Limited regarding their current usage of the prominent side wall facing The Billet Roundabout where Kwik Fit have erected signs which occupy space outside of that which constitutes their demise. Kwik Fit have been presented with an option to either vacate and hand back the offending positions, hence removing their hoardings, or pay a commercial rent commensurate with market value. The freeholder has a firm offer from a substantial outdoor advertising company to let the space and erect a digital sign on a long term lease for approximately £10,000 per annum. That company will take full responsibility for all relevant planning issues together with any associated costs. Under the expressed terms of Kwik Fit’s lease they are required to pay to the freeholder 40% of any income which derives from their letting of specific signage clearly detailed within the lease.

Asset Management Opportunities
It is suggested that the site, which measures approximately 0.25 acres (10,000 sq ft) and comprises an unbroken block along with car park/yard, has long term development potential, subject to planning.

The site presents a significant residential development opportunity possibly with a commercial element facing the main road at ground floor level. There are also various opportunities to increase the income in the short term. The freeholder has explored and been in negotiations to purchase the large maisonettes at first and second floor level which are let on long leases with approximately 85 years remaining. This will allow the freeholder, subject to planning, to replan/remodel and increase the existing space whereby potentially creating a larger number of smaller units and also look at building over the roof above the rear of the Kwik Fit workshop. In addition there is some redundant land adjacent to the site which could possibly be purchased and potentially produce some marriage value.

Covenant
Kwik-Fit (GB) Limited (Co. No. 01009184) has reported the following figures:

31st March 2018 31st March 2017
Turnover £481,661,000 £454,846,000
Pre-Tax Profits £54,371,000 £18,605,000
Shareholders’ Funds £125,875,000 £77,769,000

Established in 1971, the company’s principal activities are the operation of automotive repair centres for tyres, exhausts, brakes, suspension, MOT, servicing and a fleet of mobile tyre fitting vehicles. The company operates from over 600 specialist fitting centres and 150 mobile fitting vehicles in the UK. For more information visit: www.kwik-fit.com.

Proposal
We are instructed to seek offers in the region of £1,395,000 (One Million, Three Hundred and Ninety-Five Thousand Pounds), subject to contract, for the SPV (Company) reflecting a net initial yield of 5.0% and based upon purchase costs of 2.30%. The prospect exists to increase the yield in the short term once the income has been finalised in respect of the advertising hoarding.

Please note a purchaser will be charged a transaction fee of £5,000 + VAT.


Investment Considerations
An opportunity to acquire a freehold London investment;

The property occupies an extremely prominent roadside location adjacent to the North Circular Road (A406) and Crooked Billet roundabout;

Highly secure income – let to Kwik Fit (GB) Ltd (Shareholders’ Funds £126 million);

Attractive unexpired lease term of approximately 12.75 years;

Residential element let for a further 85 years at ground rents;

The income is expected to increase following the letting of the advertising hoarding;

Large site with future redevelopment potential, subject to obtaining the necessary planning consents;

A purchase at the asking price reflects an attractive net initial yield;
London Roadside Investment Let to Kwik Fit
Type: Residential, Retail, Land, Commercial Land
Location: 2-10 Billet Road, E17 5DN
Size: 475.48 Sq M
Images: 28
Brochures: 1
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For Sale£1,100,000.00
A substantial 3 storey semidetached licensed HMO comprising 6 x self-contained studio flats and 1 x 2 bedroom apartment extending to approximately 1,876sqft NSA (2,352sqft GIA). The property benefits from a communal laundry room on the second floor and a small front garden with off street parking for one car

Each studio benefits from a private kitchen and separate shower room

The property is located approximately an 8 minutes’ walk from Tottenham Hale London Underground railway station (both Victoria lines and National rail services) which provide direct services into London Liverpool Street in 14 minutes

The property is fully let producing £76,244.40 pa reflecting a gross initial yield of 6.90% at a purchase price of £1,100,000

Article 4 is now in place in Tottenham Hale, restricting change of use under permitted development from C3 (residential to (C4) HMO making this an attractive and desirable opportunity

The site is available freehold subject to the existing tenancies
HMO INVESTMENT OPPORTUNITY
Type: Residential, Flat, House
Location: 28 Tynemouth Road, N15 4AL
Images: 1
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For SalePOA
A residential break-up and investment opportunity for 12 flats

The investment consists of 2 buildings arranged over 3 floors (6x Studios, 2x 1 bed and 4x 2 beds), extending to 5,356 sqft NSA with a passing rent of £174,504.

The properties are within a 1 minute walk of Cricklewood Railway Station which provides Thameslink rail services to London St Pancras (14 mins) and London Bridge (31 mins) via West Hampstead (3 mins). A change at West Hampstead provides quick access to the underground network via the Jubilee Line.

The site not elected for VAT.

The site is available freehold subject to the existing tenancies.

RESIDENTIAL BREAK-UP AND INVESTMENT OPPORTUNITY FOR 12 FLATS
Type: Residential, Flat, House
Location: 21 Cricklewood Lane, NW2 1HN
Images: 12
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For Sale£3,000,000.00
A 19 unit, 4 storey mid terrace fully compliant HMO (use class C3) comprising 17 x self-contained studios and 2 x 1 bedroom flats extending to approximately 3,369sqft NSA

The property is currently vacant and we are of the opinion that the HMO has an ERV of approximately £196,800pa reflecting a gross initial yield of 6.60% at a purchase price of £3,000,000

The property is approximately 8 minutes’ walk from South Acton London Overground railway station providing regular services into West Hampstead in 19 minutes

The site is available freehold subject to the existing tenancies
INVESTMENT OPPORTUNITY FOR 17 X STUDIOS AND 2 X 1 BEDROOM FLATS
Type: Flat, House, Hotels, Residential, Licensed & Leisure
Location: 179 Acton Lane, W4 5DA
Images: 4
View Property
For Sale£170,000.00
***UNDER OFFER***
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
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For Sale£1,000,000.00
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£550,000.00
OR
For Rent£40,000.00 Per Annum
A3/A4 PLANNING CONSENT

GROUND FLOOR 546 sq ft

LARGE REAR YARD (POTENTIAL TO EXTEND)

300M FROM BRIXTON STATION

RENT: £40,000 P.A.X.

FREEHOLD: £550,000 STC
BRIXTON RESTAURANT/BAR TO LET OR FOR SALE
Type: General Retail, Retail - High Street, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Retail, Licensed & Leisure
Location: 348 Coldharbour Lane, SW9 8QH
Size: 546 - 1091 Sq Ft
Images: 1
Brochures: 1
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Under OfferFor sale: £1,500,000.00
Freehold Investment For Sale subject to subsisting leases • Business NOT AFFECTED • Income from shop and first floor flat £74,900 p.a.x. (top floor flat sold on long lease) • Very good condition throughout having undergone redevelopment in 2015 • Price £1,500,000 subject to contract • VAT not applicable
UNDER OFFER
Type: Flat, Retail - High Street, Residential, Retail
Location: 3a Devonshire Road, W4 2EU
Size: 1920 Sq Ft
Images: 4
Brochures: 1
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For Sale£1,200,000.00
Rarely available in this busy & popular parade • Affluent area • Shop Lease (T/A Iris Fashion - Business not affected, 12 years from 09/09 passing rent £35,000 p.a.x.) • Second floor flat LET on AST for £1,100/month excl. (and subject to a long lease of 125 years from 2002, rising ground rent £100) • First floor flat SOLD (subject to long lease of 125 years from 2002, rising ground rent £100) • Freehold Investment For Sale • Price £1,200,000 VAT is not applicable.
Freehold Investment of retail and second floor flat, income £48,200 p.a.x.
Type: Flat, Retail - High Street, Residential, Retail
Location: 129 Chiswick High Road, W4 2ED
Size: 1950 Sq Ft
Images: 6
Brochures: 1
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For SalePOA
•FREEHOLD FOR SALE
•FULLY LET Prod. £411,799 pax
•ARRANGED AS A RETAIL ARCADE
•8.24% YIELD
•LANMARK BUILDING
•SCOPE TO INCREASE RENTAL INCOME
DAMINIS MALL - COMMERCIAL INVESTMENT FOR SALE
Type: Retail, General Retail, Retail - High Street, Shopping Centre Unit, Showroom, Other, Other Property Types & Opportunities
Location: 277a Green Street, E7 8LJ
Images: 4
Brochures: 1
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For SalePOA
FREEHOLD BUILDING
•SHOP & UPPER
•PERMISSON FOR 4 RESIDENTIAL UNITS
•PRIME POSITION
•AFFLUENT AREA
•OPPOSITE WAITROSE
•ADJACENT TO TRAIN STATION
CONVERSION OPPORTUNITY - SHOP & UPPER FREEHOLD FOR SALE
Type: Residential, General Retail, Mixed Use, Other, Retail, Other Property Types & Opportunities
Location: 15 Queens Road, IG9 5BZ
Images: 2
Brochures: 7
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For SalePOA
•COMMERCIAL INVESTMENT
•SHOP & 1st FLOOR FLAT
•SHOP PROD £15,000
•2 BED FLAT WILL VACANT
•SCOPE FOR ADDITIONAL FLAT AT REAR
•BUSY LOCAL PARADE
Commercial Investment FOR SALE
Type: General Retail, Mixed Use, Retail, Other Property Types & Opportunities
Location: 107 Manor Lane, SE12 8LT
Images: 3
Brochures: 2
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For SalePOA
OR
For RentROA
New
LOCATION
Fulham Business Exchange is located within the prestigious Imperial Wharf development, located near Chelsea Harbour and the Design Centre. Imperial Wharf is home to a wide range of businesses from media and fashion to professional services. Occupiers include Bray & Krais Solicitors, Tateossian London and Maze Point.

Imperial Wharf Overground station is situated adjacent to the development providing a good service to Clapham Junction (5 minutes), Shepherds Bush & Westfield Shopping Centre (9 minutes) and Gatwick Airport (25 minutes). (Source: www.tfl.gov.uk)

There is also an underground car park available for occupiers and visitors subject to additional charge.

DESCRIPTION
Suite 12 is situated on the first floor of The Fulham Business Exchange. It is a modern, predominantly open plan, air-conditioned office with suspended ceilings, raised access flooring and full height glazing to the rear. The office suite offers an attractive riverside setting close to key transport links.


LEASE
The premises are available on a new effective full repairing and insuring lease for a term to be agreed at a rent of £35,000 pax. Subject to vacant possession.

SERVICE CHARGE
Details available on request.

LONG LEASEHOLD SALE
We are inviting offers in excess of £647,500. Subject to vacant possession.

ACCOMMODATION

Suite Size (m²) Size (sq ft)
Suite 12 122.1 1,315


RATING

Rateable Value £47,500
Rates Payable (2018/19) £22,800*
*Transitional relief may be available which is likely to reduce the rates payable. Interested parties are advised to make their own enquiries with The London Borough of Hammersmith and Fulham (020 8748 3020).

ENERGY PEFROMANCE CERTIFICATE
The property has an EPC of E (103).

VAT
All prices are quoted exclusive of VAT and if chargeable will be at the prevailing rate.

LEGAL COSTS
Each party will be responsible for their own legal costs.

VIEWING
Viewing strictly by arrangement with the sole agent:

Barry Munday
t. 01483 322500
e. barry@boddyandedwards.co.uk

James Kinally
t. 01483 322500
e. james@boddyandedwards.co.uk

Office Suite Available
Type: Office, Offices
Location: Suite 12, Fulham Business Exchange, The Boulevard, SW6 2TL
Images: 10
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For SalePOA
Must See
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.
High Street, London, E15 2NE
Type: Residential Land, Retail - High Street, Residential, Mixed use, Retail, Other Property Types & Opportunities
Location: High Street, London, E15 2NE
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Under OfferFor rent: £26,000.00 Per AnnumFor sale: £350,000.00
UNDER OFFER - Freehold Building For Sale - incl. long lease of the shop (99 years from 2007) offered with vacant possession and the residential upper parts sold (owner occupied) on a long lease (99 years from 2002 subject to £300 p.a. ground rent) • OR New 12 year Lease of the A1 Use Ground Floor Shop (goodwill and Fixtures & Fittings available by sep. neg.) 820 sq. ft. with skylights at rear • Very good condition throughout • Freehold For Sale: £350,000 Subject to the subsisting leases • New Lease Rent: £26,000 p.a.x.. VAT not applicable
UNDER OFFER - Freehold Building For Sale (part possession) or New Lease
Type: General Retail, Retail - High Street, Mixed Use, Residential, Retail, Other Property Types & Opportunities
Location: 109 Askew Road, W12 9AS
Size: 820 Sq Ft
Images: 5
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For Sale£650,000.00
Prominent end of terrace/corner four-storey mixed use building, arranged as a bar over the ground floor and basement (historic A3 use), with living accommodation on the first and second floors, providing a large 2 bedroom maisonette, with separate living room and kitchen.

Occupied entirely by an independent bar operator, who we understand is currently trying to sell their leasehold interest. There is therefore an ‘asset management’ opportunity to try and redevelop/extend the upper parts/rear of the building, by way of separate negotiation with the tenant.

Situated in a busy bar and restaurant circuit on High Street in Croydon, close to it’s junction with South End (A235) and within walking distance into Croydon town centre and Old Town.

Neighbouring occupiers include; Tesco, Mail Boxes Etc, Domino’s, Coughlans, Crown & Pepper, Dial-a-Flight, Galicia, Call Print and other independent and local traders.
Mixed Use Freehold Investment For Sale - 282 High Street, Croydon, CR0 1NG
Type: Mixed use, Flat, Residential Land, General Retail, Retail - High Street, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Other Property Types & Opportunities, Residential, Retail, Licensed & Leisure
Location: 282 High Street, CR0 1NG
Size: 2455 Sq Ft
Images: 1
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