Leisure properties for sale

Approx 4654 SqM (50,000Sq Ft) on 0.73 ha (1.8 acres)
Prominent seafront Location

- Suitable for refurbishment/development (STP)
- Scope for leisure/residential
- Freehold

The existing property is a 3 storey building comprising a pub across basement and ground floor level and a 23 room Hotel across first and second floor extending to 10,200 sqft GIA.

The property is located on Woolwich Road and is approximately a 2 minute walk from Charlton Overground Railway Station which provides services into London Bridge in 22 minutes.

The building is situated on a landmark corner plot and is a 2 minute walk from Charlton Athletic Football Club (The Valley) with seating capacity for 27,111 and hosting regular matches.

Planning permission was granted in August 2017 for 8 x flats and 2 x commercial units. Planning reference: 15/2272/FUL.

Planning permission has been submitted utilising the same massing as the approved residential scheme for the conversion of the existing hotel and construction of a third floor to create a 60 room hotel and retention of the original pub at ground floor level. Planning reference: 18/2673/F.

The proposal involves conversion of existing hotel with side extension and erection of an additional floor to accommodate 60 hotel rooms. At ground floor level the public house will be refurbished, with the smaller function room being converted into additional hotel rooms. The remaining ground floor will comprise 12 x rooms . There will be 17 x rooms at both first and second floor and 14 x rooms at roof level.

The proposal will extend to 17,771 sqft GIA.

We are aware that the existing hotel charges a blended rate of £60 per night giving the hotel an ERV of c. £503,000 pa. Based on Comparable evidence we are of the opinion that the 60 unit scheme finished to a good specification would be able to achieve a blended rate per night of £120 giving it an ERV of £2,628,000. (this is based on 100% occupancy).

The property is available freehold with vacant possession.

We are aware that the property is not elected for VAT.

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

Pepper Street, Chester CH3 7AB

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

FOR SALE / TO LET

Contemporary Office Building
51,355 sq ft (4,771 sq m)
with over 500 parking spaces.
Close to J6 M53

Potential uses:
- Hotel Complex
- Educational Facility
- Health / Fitness Centre
- Call Centre / Outsourcing Location
- Serviced / Co Working Offices
- Medical / Hospital Facility

PROPOSED GYM, CAFE / TAKEAWAY & FIRST FLOOR FLAT (2 NO. BED)

Location

The subjects occupy a prominent position on the west side of North Street, close to its junction with Market Street, on the northern outskirts of Forfar Town Centre.

Additional Details

Forfar is an established market town situated in north central Tayside immediately to the east of the A92 Dundee to Aberdeen trunk road, and is approximately 15 miles from Dundee, the principal administrative centre for the area. It has a population in excess of 14,000 people and is an attractive rural town surrounded by rich farmland.  It offers excellent amenities including both primary and secondary schooling.

Description 

The subjects comprise a mid terraced single storey building of traditional stone construction under a pitched and slated roof with single storey brick extension to the rear. 

The property was previously a nightclub venue, however, a planning application has been submitted and subsequently approved to create a new gym / fitness centre and cafe / takeaway at ground floor level and a 2 no. bedroom flat at first floor level. 

Accommodation

We have measured the accommodation in accordance with the RICS Code of Measuring Practice (6th Edition) to be as follows:

|  Floor  |  Description  |  sq m  |  sq ft |
|  Ground  |  Gym / Fitness Centre  |  292  |  3,143 |
|  Ground  |  Cafe / Takeaway  |  47  |  506 |
|  First   |  2 bed flat  |  85  |  915 |
|  Total  |     |  424  |  4,564 |

Terms

The subjects are available to lease on tenants full repairing and insuring terms. Alternatively, our clients may consider offers for the heritable proprietors interest.

Legal Costs

Each party will be responsible for their own legal costs in connection with the above transaction, with the tenant being responsible for any Land & Building Transaction Tax and VAT liability incurred thereon in.

VAT

Unless otherwise stated all prices, premiums and rents are quoted exclusive of VAT which may be payable.

Viewing Arrangements

To arrange a viewing of the subjects please contact the sole marketing agent, Westport Property Ltd.

Aldwark Manor Golf & Spa Hotel is set within beautifully manicured grounds and parklands, and enjoys access via a sweeping drive through the golf course. The hotel began life as a private residence which was built for the daughter of Lord Walsingham and gifted to her as a wedding present. The hotel now offers 53 en-suite bedrooms, an AA Rosette restaurant, extensive conference and leisure amenities and an 18-hole championship golf course.

Freehold Public House For Sale

The Property is located fronting the busy Main Street in the town centre of Bingley. Main Street is lined with a mix of regional and local retailers, estate agents, licensed and leisure operators to include fast food takeaway operators. Licensed premises trading in close proximity to the Property include the Potting Shed, Fire Pit, Mavericks Nightclub and Martinez Wine Bar. Bingley train station is located within 200 metres to the south east of the Property. Bingley is located approximately 5 miles north west of Bradford city centre.

The Property comprises a part two storey and part three storey terraced property of stone construction beneath a pitched and slate roof. The building stands on a roughly rectangular shaped site which provides space for an enclosed beer patio to the rear with approximately 36 external covers. The site also includes a small storage building as well as part of Busfeild Street to the rear. Internally, there is an open plan trading area over the ground floor with a back 'L' shaped bar servery. The beer cellar is located at basement level and the manager's / owner's residential accommodation is arranged over first and second floor levels.

Income producing investment property fully let at £51,000 per annum exclusive.

Guide Price: £685,000
FREEHOLD SUBJECT TO CONTRACT

LOCATION

Newcastle Under Lyme is a market town in North Staffordshire situated 40 miles south of Manchester and 40 miles north-west of Birmingham and directly adjoins Stoke-on-Trent. The town has a population of over 75,000 and has become a very popular choice for students to study, due to Keele University. This University was founded in 1949 and is the UK’s largest campus University combining research facilities and science park.

Newcastle Under Lyme is a mixture of a vibrant centre with young people enjoying the bars and cafés, and an ancient market town famous for not being Stoke on Trent. It has a market 6 days a week and the famous amusement park, Alton Towers is not far away.

The property is well located on the South side of the pedestrianised Ironmarket in the heart of the town centre in Newcastle Under Lyme. Ironmarket is just off the A52 which links Newcastle Under Lyme and Stoke on Trent and is close to the M6 motorway. Nearby occupiers include Coral, HSBC, New Look, Wilkinson, Scotts, BetFred, Café Nero and Halifax and the Yates Public House amongst many others.

DESCRIPTION

The premises are arranged as ground, first and second floors with two tenants, Loungers Ltd (Company No: 04595806) on the ground and part first floor benefitting from rear courtyard/outside seating area, paying a passing rent of £40,000 per annum, with the first floor and second floor offices let to Meridian Business Support Ltd (Company No: 02386774) paying a rent of £11,000 per annum.

TENANCY
Loungers Ltd in relation to ground and part first floor, 57 – 58 Ironmarket, Newcastle Under Lyme – the Lease is for a straight 15 years on effective full repairing and insuring Lease terms with no breaks, commencing 26th October 2015, expiring 25th October 2030, paying an annual passing rent of £40,000 exclusive, quarterly in advance with rent reviews, upwards only, every fifth anniversary of the term to market rent.

Meridian Business Support Ltd relating to the first and second floor office premises at 56 and 58 Ironmarket, Newcastle Under Lyme have been tenants of the building since 2010 – the current Lease dated 21st October 2014 is for a term of 5 years from 31st October 2014, expiring 30th October 2019, paying an annual rent of £11,000 per annum. The tenants break option on 31st October 2017 was not activated.

GUIDE PRICE
We are instructed to seek offers in excess of £650,000 (six hundred and fifty five thousand pounds) freehold subject to contract and both commercial leases producing a combined rental income of £51,000 pax. A purchase at this level would reflect a gross initial yield of 7.85% and a Net Initial Yield of 7.56% after purchase costs at 3.8%.

TENANT INFORMATION

Loungers Ltd for the year ending 27th April 2017 Loungers recorded an increase in revenue from £68.5m to £91.8m and pre-tax profits of £3,186,658.

Meridian Business Support Ltd incorporated 19th May 1989. For the year ending 31st December 2016 Meridian Business Support reported a turnover of £98,687,640 and profit before tax for the year of £807,633.

VIEWING
For further information please contact sole agents Messrs Nicholas Percival, for the attention of T Noble – 01206 563222

the premises comprise a stone built public house arranged over ground floor and a 3 bedroom flat at first floor level.

Eternally the premises benefit from an external car parking area with the overall site extending to 0.2 acres.

The site and premises would be suitable for a residential conversion subject to planning.

All trade Inventory belonging to the Vendor on site on the day of Completion will be included in the sale. The Vendor will not provide an Inventory. Any items belonging to third parties ie Beer Raising equipment are excluded from sale.
( Agency Pilot Software Ref: 2040336 )

A substantial Grade II listed building, sitting in 4.05 acres (1.64 hectares) of wooded grounds overlooking the scenic Severn Valley
( Agency Pilot Software Ref: 1296 )

Out of town development land. 1.76 acres (0.71 hectares) - 3.35 acres (1.36 hectares) We are quoting the following per plot: Plot C1 GBP 250,000 exclusive Plot C2 GBP 300,000 exclusive Plot C3 GBP 200,000 exclusive Three parcels of land fronting Llantarnam Park Way and Lakeside on the established Llantarnam Business Park.



(From Caldes Software. Property Ref: N81749. Sep 20 2018 9:10PM)

FOR SALE / TO LET

Contemporary Office Building
51,355 sq ft (4,771 sq m)
with over 500 parking spaces.
Close to J6 M53

Potential uses:
- Hotel Complex
- Educational Facility
- Health / Fitness Centre
- Call Centre / Outsourcing Location
- Serviced / Co Working Offices
- Medical / Hospital Facility

Approx 4654 SqM (50,000Sq Ft) on 0.73 ha (1.8 acres)
Prominent seafront Location

- Suitable for refurbishment/development (STP)
- Scope for leisure/residential
- Freehold

The Bingley Arms is a characteristic Georgian-style two storey public house located in Horbury Bridge, Wakefield.
( Agency Pilot Software Ref: 8629 )

The Junction is a two storey, character public house positioned in the town of Featherstone, West Yorkshire.
( Agency Pilot Software Ref: 8298 )

Well Established Holiday Static Caravan Park For Sale in Picturesque Trading Location Close to St Andrews, Scotland.
Well established holiday static caravan park in picturesque trading closing close to St Andrews.Licenced for 100 units, developed with 90 static pitches with immediate sales opportunities.Developed over around 5.1 acres with outstanding views.Please also visit our website www.colliers.com/ukparks to see the services that our Parks team can offer.To receive details on all properties, including those not publicly visible, please register with us with your full details and requirements.

Trophy Retail investment in one of the UK's most sought after retail centres - The property provides an extremely prominent and substantial retail premises, which offers an impressive 23.75 metre frontage. The 39,242 sq ft store is principally arranged over basement and ground floor, with the first and second floors providing a small amount of office space and potential to extend (STPP).

Prime Multi-Let Investment Opportunity - The property is the dominant landmark retail block in Swindon town centre. The site provides 16 retail units and a residential apartment.

The majority of facades of the units on the northern side of The Parade have recently been re-developed providing attractive, well configured units with double height glazed frontage, with the block being viewed as the best retail offer in Swindon.

The entire property extends to 6,964 sq ft.

Internally, Unit 1 provides an open plan supermarket over ground and basement which will be fitted out in Co-Op’s latest trading format. Externally there will be an ATM on the side elevation.

To the rear of the property, accessed from Sixth Cross Road, is a surface car park with 9 spaces, 6 of which are dedicated to the Co-Op store. The property benefits from rear servicing.

Unit 2 comprises a smaller format convenience store occupied by a local tenant.

At first and second floors within the Freehold demise there will be three independently accessed two bedroom apartments sold on 250 year Long Leaseholds.