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Leisure properties for sale

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For SalePOA
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 SalePOA
Former City of Westminster College

Vacant Freehold D1 property for sale with potential for alternative uses, subject to planning

Total GIA - 50,633 sq ft
Site Area - 0.77 acre (0.31 hectare)
For SalePOA
On Instructions from Addysg Oedolion Cymru │Adult Learning Wales (AOC│ALW)

Accommodation includes: Wern Fawr, Auditorium, Gymnasium & Squash Courts, and Amenity Centre. Development opportunity subject to suitable planning permissions.

Outstanding views from the rear aspect over Royal St. David’s Golf Course and beyond.

Formal tenders invited by 18th December 2018.
For Sale£3,000,000.00
New
Investment Summary

• Freehold

• Substantial portion of a town centre parade

• Situated in central Royal Tunbridge Wells, an affluent spa town approximately 31 miles south-east of London

• Close proximately to Tunbridge Wells Station and several major redevelopment schemes

• Potential to convert the upper parts to residential, subject to planning and any other necessary consents

• Passing rent of £186,200 per annum exclusive

• Understood that the property is not elected for VAT

• Seeking offers in excess of £3,000,000 (Three Million Pounds), reflecting a net initial yield of 5.83%, allowing for purchasers costs of 6.45%, subject to contract


• For further details and the sales pack, please see:


www.mountpleasantroad-tunbridgewells.com
74 – 80 Mount Pleasant Road, Royal Tunbridge Wells, Kent TN1
Type: Retail - High Street, Leisure Property, Restaurant/Cafes, Office, Retail, Licensed & Leisure, Offices
Location: 78-80 Mount Pleasant Road, TN1 1RJ
Size: 10651 Sq Ft
Images: 4
Brochures: 1
View Property
For Sale£725,000.00
~Offers Invited in the Region of~ 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, Other Property Types & Opportunities, Residential, Retail, Licensed & Leisure
Location: 282 High Street, CR0 1NG
Size: 2455 Sq Ft
Images: 1
View Property
For Sale£245,000.00
Prime Town Centre Peterhead
Let To Brewdog Retail Limited
Expiry December 2038
No Breaks
Passing Rent: £15,000p.a.x.
Fixed Increase in Yr 5 to £17,500p.a.x.
£245,000 Representative G.I.Y. 6% with Gross Reversionary Yield increasing to 7.1%

Location

The subjects are situated on the South side of Marischal Street, West of its junction with Erroll Street & Love Lane within Peterhead's town centre. Peterhead is located c. 32 miles north of Aberdeen on the A92 linking through to Fraserburgh. With a resident population of c. 24,000 persons, the town enjoys a strong catchment given the drive time to Aberdeen. Traditionally focussed on the fish industry, Peterhead acts as a major service centre for the offshore oil and gas industries. The subjects occupy a prominent position on Marischal Street with neighbouring occupiers including W.H. Smith, New Look & Argos.

Subjects

The subjects comprise a ground and first floor public house surmounted by a pitched roof with access from the rear at Maiden Street. The subjects are in the final stages of an extensive refurbishment including new frontage, interior fit-out, new kitchen and open plan seating. Internally the subjects are being decorated in accordance with Brewdog's corporate specification including traditional rustic timber flooring, polished aluminium bar, exposed brick & steel works. A new frontage has been installed comprising large display windows or aluminium frame double glazed with entrance via twin aluminium framed glazed doors.

The subjects benefit from rear service yard / car park for up to 17 cars with access from the rear also via Maiden Street.

Area

Ground: 106.37sqm (1,145sq ft)
1st Floor: 262.91sqm (2,830sqm)

Total: 369.28sqm (3,975sq ft)

Investment

The subjects are let by way of a new full repairing and insuring lease on the following terms;

Tenant: BrewDog Retail Ltd
Expiry: December 2038
Tenant Break: None
Passing Rent: £15,000p.a.x.
Rent Review: A rent review will take place in 5th year with fixed increase to £17,500p.a.x.

Tenant Info: BrewDog is an international Brewery & Pub chain founded in Ellon, Scotland in 2007. In April 2017, the private equity firm, TSG Consumer Partners acquired a 22% share of Brewdog for £213m valuing the business in excess of £1bn. Brewdog operates 50 bars in the U.K with a further 24 internationally with that number steadily growing.

Proposal

Our client is offering their freehold interest in the subjects for £245,000, representing a gross initial yield of 6% with fixed rent increase to £17,500p.a.x. creating a gross reversionary yield of 7.1%

V.A.T

Prices quoted are exclsuive of V.A.T.

E.P.C.

Available on request

Documentation

Copies of the lease & title are available on request

Viewing

The subjects will be open and trading very shortly, viewings available by appointment only

Legal

Each party shall bear their own legal costs incurred in the transaction

*images for illustrative purposes only
BREWDOG INVESTMENT FOR SALE: MARISCHAL STREET, PETERHEAD
Type: Retail, Retail - High Street, Leisure Property, Pubs/Bars/Clubs, Pubs/Bars/Clubs, Licensed & Leisure
Location: 57-61 Marischal Street, AB42 1PR
Images: 6
View Property
For Sale£1,500,000.00
FREEHOLD CAFE BAR & RESTAURANT INVESTMENT
with Self Contained Residential Upper Parts

Impressive Grade II* Georgian Building
GROUND FLOOR & BASEMENT LET TO LOUNGERS LTD
to April 2017 Turnover £91,752,588 Pre Tax Profit £3,186,658

15 year lease from 1st May 2018 at initial rent of £52,000 pax. subject to 5 yearly reviews.
Rent Commencement 1st November 2019.
Upper Parts as 4 self contained flats producing £27,420 per annum

We are seeking offers in the region of £1,500,000
which shows an initial yield of 5.08%.
Freehold Cafe Bar & Restaurant Investment For Sale
Type: Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Residential, Restaurant/Cafes, Licensed & Leisure
Location: 57 Newland Street, Witham, CM8 2AJ
Size: 4385 Sq Ft
Images: 1
Brochures: 1
View Property
For Sale£1,000,000.00
•Vacant fully fitted public house
•The property extends to 9,549 SQ FT
•The tenant would consider a surrender
•Freehold with a 14 year unexpired occupational lease
•Passing rent equates to £12.58/SQ FT overall
Revolution Wolverhampton available as a freehold investment
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 10-12 Princess Street, Wolverhampton, WV1 1HW
Images: 4
View Property
For Sale£1,100,000.00
•Well fitted public house with trading areas on two levels
•The property extends to 10,614 SQ FT
•The property is closed and the tenant would surrender the lease
•Freehold, with a 14 year unexpired occupational lease
•Passing rent equates to £17.44 SQ FT overall
Lancaster Revolution available as a freehold investment
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 107 Penny Street, Lancaster, LA1 1XN
Images: 4
View Property
For Sale£2,000,000.00
•Well fitted public house
•The property extends to 8,015 SQ FT
•Well located on one of Newcastle-under-Lyme's main leisure circuits
•Freehold with a 14 year unexpired occupational lease
•Passing rent equates to £18.15/SQ FT overall
Revolution in Newcastle Under Lyme available as a freehold investment
Type: Leisure, Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 7 Hassell Street, ST5 1AH
Images: 5
View Property
For Sale£2,300,000.00
•Well fitted public house including beer garden and roof terrace
•The property extends to 10,634 SQ FT
•Freehold, with a 14 year unexpired occupational lease
•Let to Revolution Bars Limited, a well respected national operator
•Passing rent equates to £13.64/SQ FT overall
Revolution on Cross Church Street, Huddersfield available as a freehold investment
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 28 Cross Church Street, HD1 2PT
Images: 5
View Property
For Sale£2,500,000.00
•Well fitted public house including external trade terrace to the front
•Attractive period features, providing excellent trading space
•The property extends to 6,645 SQ FT
•Freehold, with a 14 year unexpired occupational lease
•Passing rent equates to £25.87/SQ FT overall
Leicester Revolution available as a freehold investment
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 6b New Walk, LE1 6TF
Images: 5
View Property
For Sale£2,600,000.00
•Well fitted public house including external trading area
•The property extends to 7,897 SQ FT
•Well located in heart of Manchester's student area
•Freehold with a 14 year unexpired occupational lease
•Passing rent equates to £20.09/SQ FT overall
Revolution in Fallowfield, Manchester available as a freehold investment
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 311-313 Wilmslow Road, M14 6NW
Images: 5
View Property
For Sale£2,700,000.00
•Well fitted public house
•Attractive period features providing excellent trading space
•The property extends to 7,655 SQ FT
•Freehold, with 14 year unexpired occupational lease
•Passing rent equates to £21.59/SQ FT overall
Revolution on Park Street, Lincoln available as a freehold investment
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 10 Park Street, Lincoln, LN1 1UF
Images: 6
View Property
For Sale£3,000,000.00
•Well fitted public house property with imposing frontage
•Separate nightclub at first floor with independent access
•The property extends to 6,346 SQ FT
•Freehold, with 14 year unexpired occupational lease
•Passing rent equates to £31.25/SQ FT
Revolution on Wood Street, Liverpool available as a freehold investment
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 18-22 Wood Street, L1 4AQ
Images: 5
View Property
For Sale£3,000,000.00
•Well fitted public house
•Attractive period features providing excellent trading space
•Located fronting a major leisure and commercial thoroughfare
•Freehold with 14 year unexpired occupational lease
•Passing rent equates to £24.21/SQ FT overall

Revolution on Oxford Road, Manchester available as a freehold investment
Type: Leisure, Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 90-94 Oxford Street, Manchester, M1 5WH
Images: 5
View Property
For Sale£460,000.00
Part-exchange considered on this skillfully extended and spacious, five-bedroomed period detached former farmhouse, enjoying a particularly favourable location in the sought-after Village of Brailsford. The generous Family interior with potential for bed & breakfast, has many character features. Offers are invited in the region of £460,000 (four hundred and sixty thousand pounds).
7 Corner Farm, Luke Lane, Brailsford, Derbyshire, DE6 3BQ
Type: House, Leisure Property, Other, Residential, Licensed & Leisure, Other Property Types & Opportunities
Location: 7 Corner Farm, Luke Lane, DE6 3BQ
Images: 6
Brochures: 1
View Property
For Sale£2,200,000.00
Key features
Development Opportunity Birmingham West Midlands
Possible Residential Development
Commercial Warehouse Storage Development
Rare Freehold Site South Birmingham

Development Opportunity Birmingham West Midlands
Possible Residential Development
Commercial Warehouse Storage Development
Rare Freehold Site South Birmingham

Large square site within a residential and industrial area, with possibilities to be developed into residential or commercial/industrial space.

The site sits above and backs onto the Birmingham & Worcester canal with great views and natural environment.

Minutes walking distance to Cadburys and Bournville Train Station and the up and coming Stirchley Village.

Development Light Industrial Warehouse for sale Clonmel Road, Birmingham
Type: Warehouse, Residential, Industrial, House, Residential Land, Distribution Warehouse, General Industrial, Industrial Park, Light Industrial, Storage, General Retail, Shopping Centre Unit, Retail Park, Trade Counter, Leisure Property, Hotels, Land, Business park, Office, Design & Build, Healthcare, Mixed Use, Science Park, Showroom, Research & Development, Retail, Licensed & Leisure, Commercial Land, Offices, Other Property Types & Opportunities
Location: Clonmel Road, B30 2BU
Size: 0 - 66000 Sq Ft
Images: 30
View Property
For SalePOA
• 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
Pepper Street, Chester, CH3 7AB
Type: Leisure Property, Land, Office, Healthcare, Mixed Use, Science Park, Research & Development, Other, Licensed & Leisure, Commercial Land, Offices, Other Property Types & Opportunities
Location: Christleton Hall, Pepper Street, CH3 7AB
Size: 12.7 Acres
Images: 7
Brochures: 1
View Property
For SalePOA
Must See
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.


EXISTING PUB AND 23 ROOM HOTEL WITH POTENTIAL TO INCREASE TO 60 ROOMS
Type: Hotel, Residential, Leisure Property, Hotels, Pubs/Bars/Clubs, Mixed Use, Pubs/Bars/Clubs, Licensed & Leisure, Other Property Types & Opportunities
Location: Woolwich Road, London, SE7 8SU
Images: 10
View Property
For SalePOA
Extensive Ground Floor Bar, with Function Suite & Beer Garden
Let on F.R.I Lease
Expiry 25th June 2023
Passing Rent: £15,000p.a.x.
£140,000 Representing a G.I.Y. of 10.7%

Location
The subjects are situated on the North side of Camperdown Road to the East of its junction with MacAlpine Road within the densely populated Camperdown area of Dundee.

Subjects
The subjects comprise a single storey public house with terrace to the front elevation and beer garden to the side. The subjects are surmounted by a flat roof overlaid by what we believe to be bituminous felt.

Internally the subjects form main public bar, kitchen, cellar, games room and self contained function suite. The subjects have been recently refurbished by the previous occupier by way of painting throughout and upgraded lighting. The main bar offer extensive servery of traditional construction with a mix of fixed and loose tables and chairs, with seating for approx 40. The subjects benefit from extensive kitchen suitable for bar meals or gastro-pub style dining, with opportunity for the adjacent games room to accommodate more patrons up to a further 25 persons.

The subjects also benefit from separate function suite with private servery, open plan dance floor and raised stage to accommodate c. 100 persons. The subjects benefit from extensive paved beer garden and front terrace.

NAV/RV
The subjects have been assessed and entered onto the valuation roll with the following NAV/RV

£21,200

Investment

Tenant: Dundee Pubs (Property) Ltd
Term: Expiry 25th June 2023 (c. 5years Remaining)
Type: Full Repairing & Insuring
Passing Rent: £15,000p.a.x

Proposal

Our client is offering their freehold interest in the subjects for £140,000 representing a Gross Initial Yield of 10.7%. The transaction will be treated as a T.o.G.C.

V.A.T
All prices and premiums quoted are exclusive of V.A.T.

E.P.C.
Available on request
Investment For Sale: 101 Camperdown Road, Dundee
Type: Pubs/Bars/Clubs, Pubs/Bars/Clubs, Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 101 Camperdown Road, DD3 8RF
Images: 3
Brochures: 1
View Property
For Sale£125,000.00
Let on FRI Lease
19th Jan 2018 - 18th Jan 2023
£11,500pax
Rent Increase to £12,000pax on 19/1/2021
Offers Over £125,000 (+V.A.T.)

Location
With a population of 50,000 persons, Kilmarnock is the 15th most populated town in Scotland and the second largest within Ayrshire.

The town benefits from excellent road, rail and bus communications to Glasgow city centre. In addition, the town has its own dedicated retail centre, represented by national and local retailers.

Specifically, the subjects are situated on Wellington Street and lie a short distance from the core town centre. As Wellington Street provides a main arterial route linking in to Kilmarnock town centre, The Wellington benefits from significant passing traffic trade.

In addition, there has been substantial new development within the immediate vicinity, including new flats adjacent and across the road. There is no doubt that this is an exceptional opportunity for either a public house or restaurant.

Subjects
The Wellington is arranged within a single storey stone building under pitched roof clad in tiles. The premises have been extended to the rear by various single storey extensions.
There are two accesses from the front of the premises, leading in to the lounge and public bars. The subjects benefit from rear beer garden, cellar and private office / storage room accessed from the main bar area.

NAV/RV
The subejcts have been assessed and entered onto the valuation roll with an RV effective from 01/04/2017 of:

£12,300

Investment

The subjects have been leased on a new full repairing and insuring lease for a 5 year term to the sitting tenant who has been in situ for the previous 10 years on the following terms;

Tenant: The Wellington Inn (Kilmarnock) Ltd
Rent: £11,500pax increasing to £12,000pax on 19/1/2021
Term: 19th Jan 2018 - 18th Jan 2023

Our client is offering their freehold interest in the subjects for offers in excess of £125,000 (+VAT)

V.A.T.

The subjects have been elected for V.A.T which is chargeable on the rent and sale price, however a sale could be treated as a Transfer of Going Concern.

Legals
Each party shall bear their own reasonably incurred legal costs.

E.P.C.
Available on request
FOR SALE: Public House Investment: Wellington St, Kilmarnock
Type: Retail, Office, Pubs/Bars/Clubs, Offices, Licensed & Leisure
Location: 8 Wellington Street, KA3 1DN
Images: 3
Brochures: 1
View Property
For SalePOA
Long standing business available for the first time in 30 years
- Available only due to retirement.
- Option to retain the name / brand
- 1am premises license
- A3 use with extraction
- New lease available
- Fully fitted
- Circa 1000 sq ft (55 covers on the ground floor)
- Premium on application
Rare opportunity to acquire a successful restaurant business established for over 30 years
Type: Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Restaurant/Cafes, Pubs/Bars/Clubs, Hotel, Restaurant/Cafes, 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, Licensed & Leisure
Location: **Ignore address - details on application only** Goldhawk Road, London, W12 9PE
Size: 1002 Sq Ft
Images: 1
Brochures: 1
View Property
For SalePOA
Renslade House is located adjacent to Frog Street and Bonhay Road, fronting the Exe Bridges traffic interchange. It is some 30m North of the River Exe and forms a prominent backdrop to the river. The site lies within the area of the old Exe river bed and is flat in nature except where the site rises to the highway in response to flood defences and pedestrian subways which provide crossing means to the Exe Bridges traffic interchange.

The site may be considered to be a city centre site as it lies only 20 or so metres from New Bridge Street which continues up a sharp incline into Fore Street and the High Street beyond with Exeter Cathedral some 600m away.

The historic areas of Exeter Quay are also located within 500m and the district of St Thomas with its associated shops, amenities and railway station lies immediately to the South of the river.

Renslade House is set to undergo significant renovation. Renslade House comprises of a 10-storey tower with 2-­storey podiums on the East and West side with under-‐cover parking. There is a net lettable area of 54,962 square feet with 113 car parking spaces.

The Central Tower and Western Podium have obtained full planning permission to refurbish the space into 268 student accommodation studios (contained under two separate towers) together with 53 parking spaces. The development is now underway and due for completion in May 2019.

The Eastern Podium has obtained full planning permission to refurbish the space into a 103-­‐bedroom hotel, and is currently being progressed.

The Vendor has secured a student operator to lease the development in its entirety. Further information with regard to the lease terms are available on request.

The Vendor is offering the completed project as an investment opportunity and further information with regard to guide price is available on request.
For Sale - Student Accommodation Investment Opportunity
Type: Office, Hotel, Residential Land, Hotels, Land, Business park, Design & Build, Mixed Use, Other, Flat, Offices, Residential, Licensed & Leisure, Commercial Land, Other Property Types & Opportunities
Location: Renslade House, Bonhay Road, EX4 3AY
Size: 54962 Sq Ft
Images: 5
View Property
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