New
INVITING INTEREST: Investment Opportunity 6% Yield
*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*
Features
✓ Blue chip tenant
✓ Currently let to Lloyds Bank
✓ Rental income £33,000 pa
✓ Reflects 6% yield
✓ Reversionary income
✓ 10 year lease from 2012
✓ 7 years remaining
✓ No break clause
✓ Rent review in December 2016
✓ G.F. undergoing refurbishment
✓ Prominent roadside frontage
✓ Close to town centre
Location
Runcorn is situated in northern Cheshire, some 12 miles north-east of Chester and close to the M56.
The town has a population of 65,000.
The subject property is situated on High Street, opposite HSBC Bank, Cheshire Building Society, Halifax Estate Agents and in a section of the High Street popular with other A1 and A3 use
Description
This extensive property is arranged on ground and first floor levels to provide a banking hall with self-contained office floor above. The ground floor is currently undergoing a full refurbishment.
The first floor is predominantly occupied by Crime Reduction Initiatives, a sub-tenant of Lloyds. The remaining first floor space is occupied by Lloyds and is accessed from via a stairwell within the ground floor accommodation.
The first floor accommodation provides mainly cellular offices and treatment rooms to the rear. The front section of the offices is open plan and includes a reception area and a meeting room. There is a separate kitchen and toilet facilities.
The first floor accommodation benefits from suspended ceilings, CAT II lighting, wall mounted radiators, a server room, burglar and panic alarms, smoke detectors and fire alarms.
The ground floor bank has not been inspected.
Accommodation
Ground Floor 268m2 2880ft2
First Floor 247m2 2659ft2
Total 515m2 5539ft2
Approx. gross internal floor area.
Services
We understand the property has mains gas, electricity, water and drainage.
Tenure
Freehold
Business Rates
The premises have a current rateable value of £16,000.
Rates payable 2015 / 2016 are approximately £7,888.
Features
✓ Blue chip tenant
✓ Currently let to Lloyds Bank
✓ Rental income £33,000 pa
✓ Reflects 6% yield
✓ Reversionary income
✓ 10 year lease from 2012
✓ 7 years remaining
✓ No break clause
✓ Rent review in December 2016
✓ G.F. undergoing refurbishment
✓ Prominent roadside frontage
✓ Close to town centre
Location
Runcorn is situated in northern Cheshire, some 12 miles north-east of Chester and close to the M56.
The town has a population of 65,000.
The subject property is situated on High Street, opposite HSBC Bank, Cheshire Building Society, Halifax Estate Agents and in a section of the High Street popular with other A1 and A3 use
Description
This extensive property is arranged on ground and first floor levels to provide a banking hall with self-contained office floor above. The ground floor is currently undergoing a full refurbishment.
The first floor is predominantly occupied by Crime Reduction Initiatives, a sub-tenant of Lloyds. The remaining first floor space is occupied by Lloyds and is accessed from via a stairwell within the ground floor accommodation.
The first floor accommodation provides mainly cellular offices and treatment rooms to the rear. The front section of the offices is open plan and includes a reception area and a meeting room. There is a separate kitchen and toilet facilities.
The first floor accommodation benefits from suspended ceilings, CAT II lighting, wall mounted radiators, a server room, burglar and panic alarms, smoke detectors and fire alarms.
The ground floor bank has not been inspected.
Accommodation
Ground Floor 268m2 2880ft2
First Floor 247m2 2659ft2
Total 515m2 5539ft2
Approx. gross internal floor area.
Services
We understand the property has mains gas, electricity, water and drainage.
Tenure
Freehold
Business Rates
The premises have a current rateable value of £16,000.
Rates payable 2015 / 2016 are approximately £7,888.
.bmp)
75, High Street, Runcorn, WA7 1AF
INVITING INTEREST: Investment Opportunity 6% Yield
Type: Offices, Office, Retail - High Street, Mixed Use, Retail, Other Property Types & Opportunities
Location:
75 High Street, WA7 1AFGBRuncornCheshireWA7 1AF75, High Street
Size:
5539 Sq Ft
Images: 11
Brochures:
0
New
On Behalf Of Joint Fixed Charge Receivers Current Rental Income £15,000 pa Potential Rental Income £42,780 pa
*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*
Features
Current income £15,000 pa from established car wash
Car wash lease in place until 2021 with rent increase in 2019
Potential to increase income & yield from remaining units
Potential rent of £42,780
2 x two bedroom vacant flats at first floor level
Additional vacant workshop, office and car sales forecourt with office
Town centre location
Description
The property comprises a well established car wash, occupying part of the ground floor accommodation, which includes predominantly open plan work space, a waiting area and a WC. On the opposite side of the car wash there is a manager’s office with basic kitchen facilities.
The front forecourt is shared between the car wash and the vacant car sales forecourt. Up to 10 cars are capable of being parked on the car sales forecourt.There is an additional small car repair workshop to the right hand side of the car wash.
There are two x 2 bedroom flats to the first floor, both accessed from opposite sides of the building.
Flat 1 briefly comprises a fully fitted kitchen, having high gloss tiled flooring, tiled splashbacks, integrated oven, hob and extractor. The fully tiled bathroom, consists of white three piece suite with shower over bath. The flat has two good sized bedrooms and a lounge which are all fully carpeted and have the benefit of double glazing.
Flat 2 has not been inspected, however, we have been advised the accommodation is similar in size, specification and condition to Flat 1.
Location
The property is located towards the southern end of Haydock Street in the Earlestown District of Newton-le-Willows.
Within the immediate vicinity there is a Wilko, Tesco and Greggs, together with other national and local independent retailers, in what is a busy town centre location.
Investment Analysis
Star Car Wash and associated forecourt is currently held on a 5 year lease until 12/04/2021, at a current rental income of £15,000 pa, with a set increase to £18,000 pa in years 4 & 5. The Star Car Wash lease confirms the tenant is to pay utility bills, however, the previous landlord agreed to cover the cost of Star Car Wash’s utilitity bills. The car sales forecourt with associated office was previously let for £7,800 pa.
The workshop was previously let for £3,600 pa and the other office was previously let at £780 pa to the same tenant. Each flat has historically been let on an AST basis for £7,800 pa. The property is currently generating £15,000 pa, although if fully occupied there is strong potential for the rent to increase to £42,780 pa representing a gross yield of 21.4%
Services
We understand the property has connections to gas, electric, water and drainage, however, interested parties should make their own enquiries.
Please note: there is one meter for each of the utilities, which supplies all the units within the site.
The previous landlord verbally agreed to cover the cost of the Car Wash’s utility bills, however, this is not confirmed in the Car Wash lease agreement.
Tenure
The property is freehold
*Guide Price
£200,000
Viewings
Please contact John Pye Property on 0115 9706060
VAT
We understand the property is not opted to tax.
Features
Current income £15,000 pa from established car wash
Car wash lease in place until 2021 with rent increase in 2019
Potential to increase income & yield from remaining units
Potential rent of £42,780
2 x two bedroom vacant flats at first floor level
Additional vacant workshop, office and car sales forecourt with office
Town centre location
Description
The property comprises a well established car wash, occupying part of the ground floor accommodation, which includes predominantly open plan work space, a waiting area and a WC. On the opposite side of the car wash there is a manager’s office with basic kitchen facilities.
The front forecourt is shared between the car wash and the vacant car sales forecourt. Up to 10 cars are capable of being parked on the car sales forecourt.There is an additional small car repair workshop to the right hand side of the car wash.
There are two x 2 bedroom flats to the first floor, both accessed from opposite sides of the building.
Flat 1 briefly comprises a fully fitted kitchen, having high gloss tiled flooring, tiled splashbacks, integrated oven, hob and extractor. The fully tiled bathroom, consists of white three piece suite with shower over bath. The flat has two good sized bedrooms and a lounge which are all fully carpeted and have the benefit of double glazing.
Flat 2 has not been inspected, however, we have been advised the accommodation is similar in size, specification and condition to Flat 1.
Location
The property is located towards the southern end of Haydock Street in the Earlestown District of Newton-le-Willows.
Within the immediate vicinity there is a Wilko, Tesco and Greggs, together with other national and local independent retailers, in what is a busy town centre location.
Investment Analysis
Star Car Wash and associated forecourt is currently held on a 5 year lease until 12/04/2021, at a current rental income of £15,000 pa, with a set increase to £18,000 pa in years 4 & 5. The Star Car Wash lease confirms the tenant is to pay utility bills, however, the previous landlord agreed to cover the cost of Star Car Wash’s utilitity bills. The car sales forecourt with associated office was previously let for £7,800 pa.
The workshop was previously let for £3,600 pa and the other office was previously let at £780 pa to the same tenant. Each flat has historically been let on an AST basis for £7,800 pa. The property is currently generating £15,000 pa, although if fully occupied there is strong potential for the rent to increase to £42,780 pa representing a gross yield of 21.4%
Services
We understand the property has connections to gas, electric, water and drainage, however, interested parties should make their own enquiries.
Please note: there is one meter for each of the utilities, which supplies all the units within the site.
The previous landlord verbally agreed to cover the cost of the Car Wash’s utility bills, however, this is not confirmed in the Car Wash lease agreement.
Tenure
The property is freehold
*Guide Price
£200,000
Viewings
Please contact John Pye Property on 0115 9706060
VAT
We understand the property is not opted to tax.
Haydock Street, Newton-le-willows, WA12 9DJ
On Behalf Of Joint Fixed Charge Receivers Current Rental Income £15,000 pa Potential Rental Income £42,780 pa
Type: Office, Flat, Mixed Use, Other, Showroom, Offices, Residential, Other Property Types & Opportunities
Location:
Woodlane Garage, Haydock Street, Newton-le-willows, WA12 9DJGBNewton-le-WillowsMerseysideWA12 9DJHaydock Street
Size:
Images: 14
Brochures:
0
New
Refurbished Retail/Officespace set over two floors – Excellent High Street Location
*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*
Features
Office/retail space set over two floors
Fully occupied from 1st June 2017
Five year leases from 2017
Rent from 1st June 2017 of £1,550 pcm (£18,600 pa)
Potential net yield of 9.84%
FRI leases
Recently refurbished
Busy main road location
Good transport links
Location
The subject property is located in a prominent position on New Hall Lane and is surrounded by a mixture of both residential homes and large commercial retailers. The property lies one mile east of the centre of Preston, Lancashire.
Preston has a good selection of local, national and international retailers along with a wide range of leisure facilities and a popular university.
Preston hosts a mainline railway station and provides access to the rest of the UK.
The M6 Motorway is located two miles east of the property and provides excellent access to the major cities of Liverpool and Manchester.
Description
This spacious retail unit offers useable office’s & showroom set over two floors. The premises are very well fitted out, having undergone a recent programme of refurbishment.
The property has the benefit of suspended ceilings and central heating throughout. Ground floor having a sales/ office area, storage facilities, WC and kitchen area. To the first floor there is an open plan split level office space, two separate offices, a kitchen area and two WC’s.
To the lower ground floor there is a useful tanked basement running the full length of the building with power, lighting and is partially carpeted. Externally there is a small rear yard area. The property could be let as a whole or divided into two letting units with some minor alterations.
Accommodation
Total 322 m2 3,465 ft2
Approx. net internal floor area.
Services
We understand the property has mains electric, water & drainage.
Tenure
Freehold
Investment Analysis
The property is fully occupied and let to City Management Accountants on the ground floor. The tenants are paying a rent of £800 pcm (9,600 pa). The first floor offices are let to Healthy Signature Limited for £750 pcm (£9,000 pa) providing a total of (£18,600 pa), representing a gross yield of 9.85% based on the guide price.
The lease between the ground floor tenants and the landlord is 5 years from 1st January 2017. There is a landlord and tenant break clause upon giving one month’s notice.
Business Rates
The premises do not appear to have been assessed as a whole unit for business rates. We recommend that interested parties contact Preston City Council for further information.
Please be advised an internal inspection has not been undertaken and photographs and measurements have been provided by a third party.
Features
Office/retail space set over two floors
Fully occupied from 1st June 2017
Five year leases from 2017
Rent from 1st June 2017 of £1,550 pcm (£18,600 pa)
Potential net yield of 9.84%
FRI leases
Recently refurbished
Busy main road location
Good transport links
Location
The subject property is located in a prominent position on New Hall Lane and is surrounded by a mixture of both residential homes and large commercial retailers. The property lies one mile east of the centre of Preston, Lancashire.
Preston has a good selection of local, national and international retailers along with a wide range of leisure facilities and a popular university.
Preston hosts a mainline railway station and provides access to the rest of the UK.
The M6 Motorway is located two miles east of the property and provides excellent access to the major cities of Liverpool and Manchester.
Description
This spacious retail unit offers useable office’s & showroom set over two floors. The premises are very well fitted out, having undergone a recent programme of refurbishment.
The property has the benefit of suspended ceilings and central heating throughout. Ground floor having a sales/ office area, storage facilities, WC and kitchen area. To the first floor there is an open plan split level office space, two separate offices, a kitchen area and two WC’s.
To the lower ground floor there is a useful tanked basement running the full length of the building with power, lighting and is partially carpeted. Externally there is a small rear yard area. The property could be let as a whole or divided into two letting units with some minor alterations.
Accommodation
Total 322 m2 3,465 ft2
Approx. net internal floor area.
Services
We understand the property has mains electric, water & drainage.
Tenure
Freehold
Investment Analysis
The property is fully occupied and let to City Management Accountants on the ground floor. The tenants are paying a rent of £800 pcm (9,600 pa). The first floor offices are let to Healthy Signature Limited for £750 pcm (£9,000 pa) providing a total of (£18,600 pa), representing a gross yield of 9.85% based on the guide price.
The lease between the ground floor tenants and the landlord is 5 years from 1st January 2017. There is a landlord and tenant break clause upon giving one month’s notice.
Business Rates
The premises do not appear to have been assessed as a whole unit for business rates. We recommend that interested parties contact Preston City Council for further information.
Please be advised an internal inspection has not been undertaken and photographs and measurements have been provided by a third party.
47-49, New Hall Lane, Preston, PR1 5NY
Refurbished Retail/Officespace set over two floors – Excellent High Street Location
Type: Retail, Office, Offices
Location:
47-49 New Hall Lane, PR1 5NYGBPrestonLancashirePR1 5NY47-49, New Hall Lane
Size:
3465 Sq Ft
Images: 6
Brochures:
0
New
Site approximately 0.16 Hectares (0.4 Acres) benefiting from planning permission for the erection of 6 dwellings
*THIS LOT IS STILL AVAILABLE FOR OFFERS*
Location
The site is located between Broad Lane and Pinfold Crescent. Broad Lane can be accessed from County Road (A5208). The M57 motorway is within approximately 1 mile and the M58 motorway within 3 miles. Park Brow Community Primary School is within walking distance.
Description
Development opportunity comprising a vacant site benefiting from planning permission for the erection of 6 dwellings and associated parking.
Site Area
Approximately 0.16 Hectares (0.4 Acres).
Tenure
Freehold.
Planning
The site benefits from Planning Permission (Application No: 15/00387/FUL) granted on the 24th June 2015 for the erection of 3No. pairs of semi detached dwellings together with associated car parking and landscaping. Interested parties should consult with the Local Planning Office, Knowsley Metropolitan Borough Council, Municipal Buildings, Archway Road, Huyton, Liverpool, L36 9UX. Tel: 0151 443 2393, Fax 0151 443 2370.
General
The plan in the particulars is for identification purposes only. Interested parties should satisfy themselves as to the extent of the site by looking at the sales plan within the legal pack.
Location
The site is located between Broad Lane and Pinfold Crescent. Broad Lane can be accessed from County Road (A5208). The M57 motorway is within approximately 1 mile and the M58 motorway within 3 miles. Park Brow Community Primary School is within walking distance.
Description
Development opportunity comprising a vacant site benefiting from planning permission for the erection of 6 dwellings and associated parking.
Site Area
Approximately 0.16 Hectares (0.4 Acres).
Tenure
Freehold.
Planning
The site benefits from Planning Permission (Application No: 15/00387/FUL) granted on the 24th June 2015 for the erection of 3No. pairs of semi detached dwellings together with associated car parking and landscaping. Interested parties should consult with the Local Planning Office, Knowsley Metropolitan Borough Council, Municipal Buildings, Archway Road, Huyton, Liverpool, L36 9UX. Tel: 0151 443 2393, Fax 0151 443 2370.
General
The plan in the particulars is for identification purposes only. Interested parties should satisfy themselves as to the extent of the site by looking at the sales plan within the legal pack.
Broad Lane, Liverpool, L32 6QQ
Site approximately 0.16 Hectares (0.4 Acres) benefiting from planning permission for the erection of 6 dwellings
Type: Land, Office, Commercial Land, Offices
Location:
Broad Lane, Liverpool, L32 6QQGBLiverpoolMerseysideL32 6QQBroad Lane
Size:
Images: 4
Brochures:
0
Potential Development To Residential Or Holiday Lettings In Sought After Tourist Location
Features
Highly desirable location
Potential development opportunity (STP)
Ideal conversion to holiday lodgings or back to residential use
Close to main tourist area
Backing onto a river
Tranquil surroundings
Close to local amenities
Freehold
Location
The property is located on the outskirts in the highly desirable village of Cymmer on the edge of the Afan National Park.
Just 9 miles south east is the large town of Port Talbot and 17 miles west of the larger city of Swansea. Here there is a wide range of amenities including hospitals, supermarkets, shopping centres, schools and colleges.
The Afan Forest Park is a 48-square-mile forest park in South Wales. It is set in the Afan Valley and is well known for its mountain biking and hiking or hillwalking trails therefore attracting a wide range of visitors keen to experience the outdoors.
Description
Backing on to the River Afon Corrwg and originally designed as 2 separate residential dwellings this two storey property currently comprises of two offices on the ground floor along with washroom and kitchen facilities and a further five offices located on the second floor. We are advised by the vendor there are two electricity supplies so therefore could easily be partitioned top form two dwellings once again. Previously the property was also a local Co-op store before being used by the local council as offices.
We believe the property has a gross external area of approximately 1600 ft2.
Additional uses could be that of a guesthouse or lodgings for tourists as there is high demand in this area.
Tenure
We are advised the property is freehold.
Highly desirable location
Potential development opportunity (STP)
Ideal conversion to holiday lodgings or back to residential use
Close to main tourist area
Backing onto a river
Tranquil surroundings
Close to local amenities
Freehold
Location
The property is located on the outskirts in the highly desirable village of Cymmer on the edge of the Afan National Park.
Just 9 miles south east is the large town of Port Talbot and 17 miles west of the larger city of Swansea. Here there is a wide range of amenities including hospitals, supermarkets, shopping centres, schools and colleges.
The Afan Forest Park is a 48-square-mile forest park in South Wales. It is set in the Afan Valley and is well known for its mountain biking and hiking or hillwalking trails therefore attracting a wide range of visitors keen to experience the outdoors.
Description
Backing on to the River Afon Corrwg and originally designed as 2 separate residential dwellings this two storey property currently comprises of two offices on the ground floor along with washroom and kitchen facilities and a further five offices located on the second floor. We are advised by the vendor there are two electricity supplies so therefore could easily be partitioned top form two dwellings once again. Previously the property was also a local Co-op store before being used by the local council as offices.
We believe the property has a gross external area of approximately 1600 ft2.
Additional uses could be that of a guesthouse or lodgings for tourists as there is high demand in this area.
Tenure
We are advised the property is freehold.
Avondale Terrace, Port Talbot, SA13 3LU
Potential Development To Residential Or Holiday Lettings In Sought After Tourist Location
Type: Residential, Offices
Location:
Corner House, Avondale Terrace, Port Talbot, SA13 3LUGBPort TalbotWest GlamorganSA13 3LUAvondale Terrace
Size:
1600 Sq Ft
Images: 1
Brochures:
1
Mixed Use Investment Opportunity – Six One Bedroom Flats & Two Retail Shops
Two retail units
Four flats currently let
Two vacant flats requiring refurbishment
Delightful village location
Currently producing £1,976.66 pcm (£23,720 pa)
Current gross yield of 12.48%
Potential for capital growth
Close to amenities
Good transport links
Location
The property is situated on the south western side of Market Square, off Station Road on the outskirts of Ollerton in Nottinghamshire. The immediate area is characterised by predominantly residential property, together with some local retailers.
There is a small high street with a variety of shops and amenities, including a post office, chemist, banks, grocery stores and a number of public houses. There is also a shopping area on Sherwood Drive and a wider range of facilities can be found just 1 mile up the road in New Ollerton.
Ollerton is approximately 14 miles to the south east of Newark and 10 miles from the town of Mansfield. Nottingham is 20 miles directly to the north of the subject property and is accessed by road via the A614 and A60 road links or via the A6097.
DescriptionThe subject property comprises a traditionally brick built period property, with retail use on the ground floor and residential accommodation to the upper floors.
The retail element of the property includes two local businesses. To the left hand side of the property is Claire’s Village Salon. The salon has a glazed frontage, tiled floors, spot lighting and wall lights, plastered painted walls. To the rear of the salon there is a small kitchen and W.C. The Computer Station is to the right hand side of the property.
There are six residential flats arranged over four floors.
Flats 1, 2 & 4 are all spacious one bedroom flats comprising fitted kitchen, living space, one bedroom and a family bathroom.
Flat 3 is a two bedroom maisonette with accommodation arranged over two floors, however some works are required to the upper floor.
Flat 5 is located on the second floor and comprises of a separate kitchen, living room, bedroom and bathroom.
Flat 6 is on the third floor within the eaves and comprises of open plan kitchen and living room, one bedroom, bathroom with an additional small room off the bathroom.
Both flats 5 & 6 requires complete refurbishment throughout.
Tenure
We understand the property is connected to mains electricity, water and drainage.
Investment Analysis
The property is mostly let with just two flats being vacant and requiring refurbishment. Both flats 1 & 3 are currently let for £325 pcm (£3,900 pa) and flats 2 & 4 are each let for £350 pcm (£4,200 pa). Claire’s Salon is let for £416.66 pcm (£5,000 pa) and the Computer Station is let for £210 pcm (£2,520 pa).
The property is generating a total income of £1,976.66 pcm (approx. £23,720 pa), representing a gross annual yield of 12.16%.
Following refurbishment of the two vacant flats we estimate each flat will let for £350 pcm, providing an additional £700 pcm (£8,400 pa) this would provide a gross approximate yield of 16.74% based on the lower guide price.
Council Tax
Flats 1- 4 are each rated in Council Tax Band A. Council Tax payable per flat (2016/ 2017) is £1,221.99.
Business Rates
The ground floor retail premises for the Computer Station have a current rateable value of £1,900 pa. Claire’s Salon and premises has a rate-able value of £3,700 pa.
Guide Price
£195,000 – £210,000 +
Four flats currently let
Two vacant flats requiring refurbishment
Delightful village location
Currently producing £1,976.66 pcm (£23,720 pa)
Current gross yield of 12.48%
Potential for capital growth
Close to amenities
Good transport links
Location
The property is situated on the south western side of Market Square, off Station Road on the outskirts of Ollerton in Nottinghamshire. The immediate area is characterised by predominantly residential property, together with some local retailers.
There is a small high street with a variety of shops and amenities, including a post office, chemist, banks, grocery stores and a number of public houses. There is also a shopping area on Sherwood Drive and a wider range of facilities can be found just 1 mile up the road in New Ollerton.
Ollerton is approximately 14 miles to the south east of Newark and 10 miles from the town of Mansfield. Nottingham is 20 miles directly to the north of the subject property and is accessed by road via the A614 and A60 road links or via the A6097.
DescriptionThe subject property comprises a traditionally brick built period property, with retail use on the ground floor and residential accommodation to the upper floors.
The retail element of the property includes two local businesses. To the left hand side of the property is Claire’s Village Salon. The salon has a glazed frontage, tiled floors, spot lighting and wall lights, plastered painted walls. To the rear of the salon there is a small kitchen and W.C. The Computer Station is to the right hand side of the property.
There are six residential flats arranged over four floors.
Flats 1, 2 & 4 are all spacious one bedroom flats comprising fitted kitchen, living space, one bedroom and a family bathroom.
Flat 3 is a two bedroom maisonette with accommodation arranged over two floors, however some works are required to the upper floor.
Flat 5 is located on the second floor and comprises of a separate kitchen, living room, bedroom and bathroom.
Flat 6 is on the third floor within the eaves and comprises of open plan kitchen and living room, one bedroom, bathroom with an additional small room off the bathroom.
Both flats 5 & 6 requires complete refurbishment throughout.
Tenure
We understand the property is connected to mains electricity, water and drainage.
Investment Analysis
The property is mostly let with just two flats being vacant and requiring refurbishment. Both flats 1 & 3 are currently let for £325 pcm (£3,900 pa) and flats 2 & 4 are each let for £350 pcm (£4,200 pa). Claire’s Salon is let for £416.66 pcm (£5,000 pa) and the Computer Station is let for £210 pcm (£2,520 pa).
The property is generating a total income of £1,976.66 pcm (approx. £23,720 pa), representing a gross annual yield of 12.16%.
Following refurbishment of the two vacant flats we estimate each flat will let for £350 pcm, providing an additional £700 pcm (£8,400 pa) this would provide a gross approximate yield of 16.74% based on the lower guide price.
Council Tax
Flats 1- 4 are each rated in Council Tax Band A. Council Tax payable per flat (2016/ 2017) is £1,221.99.
Business Rates
The ground floor retail premises for the Computer Station have a current rateable value of £1,900 pa. Claire’s Salon and premises has a rate-able value of £3,700 pa.
Guide Price
£195,000 – £210,000 +
Market Place, Newark, NG22 9BL
Mixed Use Investment Opportunity – Six One Bedroom Flats & Two Retail Shops
Type: Flat, General Retail, Residential, Office, Retail, Offices
Location:
Market Place, NG22 9BLGBNewarkNottinghamshireNG22 9BLMarket Place
Size:
Images: 9
Brochures:
1
Vacant Freehold House
*Available at £325,000, contact auctioneer for details*
Three bedroom mid terrace house in need of modernisation, well located close to shopping and recreational amenities of Plumstead - Vacant
Tenure
Freehold.
Location
Located near to the junction of Purrett Road and Winn Common Road
An extensive range of shopping facilities can be found nearby along Plumstead High Street and Lakedale Road
Recreational amenities of Winn’s Common and Plumstead Common are within close distance
Plumstead
Description
A two storey mid terrace house
In need of modernisation
Benefits from a cellar
Rear garden of approximately 40ft
Accommodation
Ground Floor – Entrance Hall, Three Reception Rooms, Kitchen, Outside WC
First Floor – Three Bedrooms
Three bedroom mid terrace house in need of modernisation, well located close to shopping and recreational amenities of Plumstead - Vacant
Tenure
Freehold.
Location
Located near to the junction of Purrett Road and Winn Common Road
An extensive range of shopping facilities can be found nearby along Plumstead High Street and Lakedale Road
Recreational amenities of Winn’s Common and Plumstead Common are within close distance
Plumstead
Description
A two storey mid terrace house
In need of modernisation
Benefits from a cellar
Rear garden of approximately 40ft
Accommodation
Ground Floor – Entrance Hall, Three Reception Rooms, Kitchen, Outside WC
First Floor – Three Bedrooms
88, Purrett Road, London, SE18 1JP
Vacant Freehold House
Type: House, Office, Residential, Offices
Location:
88 Purrett Road, SE18 1JPGBLondonGreater LondonSE18 1JP88, Purrett Road
Size:
Images: 1
Brochures:
0
Vacant Leasehold Maisonette.
* AVAILABLE AT £385,000, PLEASE CONTACT AUCTIONEER FOR DETAILS*
Of interest to owner occupiers and rental investors. A two bedroom maisonette with roof terrace and views over Alexandra Road Park, within a visually impressive Grade II* Listed development - Vacant
Tenure
Leasehold. 125 years from 28th September 1987.
Ground rent £10 per annum fixed.
Location
Situated near the junction of Rowley Way and Abbey Road
Local shopping amenities are close by along Abbey Road, whilst the shops, cafés and restaurants of St John’s Wood and West Hampstead are nearby
The leisure areas of Alexandra Road Park, Primrose Hill and Regent’s Park are all within easy reach
Easy access to the A406 provides good road links
St Johns Wood (Jubilee Line), Kilburn Park (Bakerloo Line), West Hampstead (Overground)
West Hampstead (Thameslink)
Description
A first and second floor maisonette forming part of a visually impressive Grade II* Listed 1960s development
The carpeted interior is presented in reasonable decorative order and benefits from a modern bathroom and its own private roof terrace
There are rear views over Alexandra Road Park
Accommodation
First Floor – Entrance Hall, Two Bedrooms, Bathroom/WC
Second Floor – Reception Room with Roof Terrace, Kitchen/Dining Room
Of interest to owner occupiers and rental investors. A two bedroom maisonette with roof terrace and views over Alexandra Road Park, within a visually impressive Grade II* Listed development - Vacant
Tenure
Leasehold. 125 years from 28th September 1987.
Ground rent £10 per annum fixed.
Location
Situated near the junction of Rowley Way and Abbey Road
Local shopping amenities are close by along Abbey Road, whilst the shops, cafés and restaurants of St John’s Wood and West Hampstead are nearby
The leisure areas of Alexandra Road Park, Primrose Hill and Regent’s Park are all within easy reach
Easy access to the A406 provides good road links
St Johns Wood (Jubilee Line), Kilburn Park (Bakerloo Line), West Hampstead (Overground)
West Hampstead (Thameslink)
Description
A first and second floor maisonette forming part of a visually impressive Grade II* Listed 1960s development
The carpeted interior is presented in reasonable decorative order and benefits from a modern bathroom and its own private roof terrace
There are rear views over Alexandra Road Park
Accommodation
First Floor – Entrance Hall, Two Bedrooms, Bathroom/WC
Second Floor – Reception Room with Roof Terrace, Kitchen/Dining Room
62b, Rowley Way, London, NW8 0SJ
Vacant Leasehold Maisonette.
Type: House, Leisure, Office, Residential, Offices
Location:
62b Rowley Way, NW8 0SJGBLondonGreater LondonNW8 0SJ62b, Rowley Way
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Vacant Freehold Semi-Detached House.
* AVAILABLE AT £125,000 ,PLEASE CONTACT AUCTIONEER FOR DETAILS*
A two bedroom semi-detached house in need of modernisation, located to the north of Wisbech with potential to extend - Vacant
THERE IS NO NEED TO CALL THE AUCTION OFFICE TO PRE-BOOK OR CONFIRM ATTENDANCE.
EACH VIEWING WILL LAST 20 - 30 MINUTES.
Tenure
Freehold.
Location
Tydd St Giles is a village located approximately 7km to the north of Wisbech
Situated off the north side of Newgate Road
Shops and amenities can be found in the centre of Wisbech and to a further extent in King’s Lynn to the east
The surrounding countryside provides a variety of recreational areas, while The Wash National Nature Reserve can be found to the north-east
Description
A semi-detached house
In need of modernisation
Potential to extend subject to the requisite consents
Potential to convert to three bedroom house
Side and rear garden
Accommodation
Ground Floor – Two Reception Rooms, Kitchen
First Floor – Two Bedrooms, Bathroom/WC
Six Week Completion
A two bedroom semi-detached house in need of modernisation, located to the north of Wisbech with potential to extend - Vacant
THERE IS NO NEED TO CALL THE AUCTION OFFICE TO PRE-BOOK OR CONFIRM ATTENDANCE.
EACH VIEWING WILL LAST 20 - 30 MINUTES.
Tenure
Freehold.
Location
Tydd St Giles is a village located approximately 7km to the north of Wisbech
Situated off the north side of Newgate Road
Shops and amenities can be found in the centre of Wisbech and to a further extent in King’s Lynn to the east
The surrounding countryside provides a variety of recreational areas, while The Wash National Nature Reserve can be found to the north-east
Description
A semi-detached house
In need of modernisation
Potential to extend subject to the requisite consents
Potential to convert to three bedroom house
Side and rear garden
Accommodation
Ground Floor – Two Reception Rooms, Kitchen
First Floor – Two Bedrooms, Bathroom/WC
Six Week Completion
12, Newgate Road, Wisbech, PE13 5LH
Vacant Freehold Semi-Detached House.
Type: House, Office, Residential, Offices
Location:
12 Newgate Road, PE13 5LHGBWisbechCambridgeshirePE13 5LH12, Newgate Road
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Part Vacant Freehold Retail.
*Available at £530,000, contact auctioneer for details*
A well located mid terrace property arranged as a vacant ground floor lock-up shop unit, having prior approval for change of use from A1 to C3 use, and a two bedroom self-contained flat above let on a tenancy at will - Part Vacant Investment let at £11,400 per annum
Tenure
Freehold.
Location
The property is situated a short distance from the junction with Walton Road
Shopping facilities are available locally on the High Street and to a greater extent on Walton Road, together with a good selection of cafés, bars and restaurants
Recreational facilities can be found at Hurst Park, which is conveniently close by, as is the River Thames
Nearby road communications are via the A3050
Hampton Court
Description
A mid terrace property
Arranged as a ground floor shop unit with flat above
Rear access to the first floor flat
The flat has a rear roof terrace
Large loft space above flat
The shop has a rear entrance
Accommodation
Ground Floor Shop Unit – Shop Reception Area, Workshop Area, Rear Office, Two WCs Maximum Width 17ft, Maximum Depth 54ft
First Floor Flat – Hallway, Reception Room, Two Bedrooms, Kitchen, Bathroom/WC
Tenancy
The first floor flat is let on a tenancy at will from 8th May 2017.
Planning
Permitted development prior approval was given by Elmbridge Borough Council on 10th February 2016 for change of use from A1 (Retail) to C3 (Residential) and external changes.
NB. A grant is available from Embridge Civic Improvement Fund (ECIF) towards shop front improvements of 75% of the project costs up to a maximum of £10,890.
Total Current Rent £11,400 per annum (plus vacant possession of the ground floor shop unit)
A well located mid terrace property arranged as a vacant ground floor lock-up shop unit, having prior approval for change of use from A1 to C3 use, and a two bedroom self-contained flat above let on a tenancy at will - Part Vacant Investment let at £11,400 per annum
Tenure
Freehold.
Location
The property is situated a short distance from the junction with Walton Road
Shopping facilities are available locally on the High Street and to a greater extent on Walton Road, together with a good selection of cafés, bars and restaurants
Recreational facilities can be found at Hurst Park, which is conveniently close by, as is the River Thames
Nearby road communications are via the A3050
Hampton Court
Description
A mid terrace property
Arranged as a ground floor shop unit with flat above
Rear access to the first floor flat
The flat has a rear roof terrace
Large loft space above flat
The shop has a rear entrance
Accommodation
Ground Floor Shop Unit – Shop Reception Area, Workshop Area, Rear Office, Two WCs Maximum Width 17ft, Maximum Depth 54ft
First Floor Flat – Hallway, Reception Room, Two Bedrooms, Kitchen, Bathroom/WC
Tenancy
The first floor flat is let on a tenancy at will from 8th May 2017.
Planning
Permitted development prior approval was given by Elmbridge Borough Council on 10th February 2016 for change of use from A1 (Retail) to C3 (Residential) and external changes.
NB. A grant is available from Embridge Civic Improvement Fund (ECIF) towards shop front improvements of 75% of the project costs up to a maximum of £10,890.
Total Current Rent £11,400 per annum (plus vacant possession of the ground floor shop unit)
4/4a, High Street, West Molesey, KT8 2NA
Part Vacant Freehold Retail.
Type: Residential, Retail, Office, Offices
Location:
4/4a High Street, West Molesey, KT8 2NAGBWest MoleseySurreyKT8 2NA4/4a, High Street
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Vacant Freehold House
*THIS LOT IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*
Of interest to owner occupiers and rental investors. A three bedroom end of terrace house with garage, near Central Middlesex Hospital and stations - Vacant
Freehold.
Location
Situated on the west side of North Acton Road, opposite the junction with Everitt Road
The shopping amenities of Harlesden are within easy reach
Central Middlesex Hospital is easily accessible
Open playing fields are almost opposite the property, whilst the walkways along the Grand Union Canal are nearby
Easy access to the A40 and A406 provides good road links to the M1, M40, M4 and M25
Harlesden (Bakerloo Line and Overground), North Acton (Central Line)
Willesden Junction
Description
A two storey end of terrace house
The interior, which has gas central heating and double glazing, requires general upgrading
West facing rear garden of about 40ft
There is vehicular access via Newark Crescent to a rear detached garage
Accommodation
Ground Floor – Entrance Hall, Two Reception Rooms, Kitchen
First Floor – Three Bedrooms, Bathroom/WC, Separate Shower Cubicle
Of interest to owner occupiers and rental investors. A three bedroom end of terrace house with garage, near Central Middlesex Hospital and stations - Vacant
Freehold.
Location
Situated on the west side of North Acton Road, opposite the junction with Everitt Road
The shopping amenities of Harlesden are within easy reach
Central Middlesex Hospital is easily accessible
Open playing fields are almost opposite the property, whilst the walkways along the Grand Union Canal are nearby
Easy access to the A40 and A406 provides good road links to the M1, M40, M4 and M25
Harlesden (Bakerloo Line and Overground), North Acton (Central Line)
Willesden Junction
Description
A two storey end of terrace house
The interior, which has gas central heating and double glazing, requires general upgrading
West facing rear garden of about 40ft
There is vehicular access via Newark Crescent to a rear detached garage
Accommodation
Ground Floor – Entrance Hall, Two Reception Rooms, Kitchen
First Floor – Three Bedrooms, Bathroom/WC, Separate Shower Cubicle
102, North Acton Road, London, NW10 7AY
Vacant Freehold House
Type: House, Office, Residential, Offices
Location:
102 North Acton Road, NW10 7AYGBLondonGreater LondonNW10 7AY102, North Acton Road
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Vacant Freehold House
*Available at £445,000, please contact auctioneer for details*
A three bedroom mid terrace house requiring modernisation, in convenient residential location - Vacant
By Order of Mountview Estates plc
Tenure
Freehold.
Location
Situated near the junction of Princes Avenue and Melville Gardens
Forming part of an established residential area
Palmers Green and Wood Green shopping centres are both easily accessible
The leisure areas of Tottenhall Sports Ground, Broomfield Park and Alexandra Park are all accessible
Easy access to the North Circular Road (A406) provides good road links to the A10, M1 and M11
Bounds Green (Piccadilly Line)
Palmers Green
Description
A two storey mid terrace house
The interior, which has gas central heating and double glazing, requires modernisation
Rear garden of about 40ft
Accommodation
Ground Floor – Entrance Hall, Two Reception Rooms, Kitchen
First Floor – Three Bedrooms, Bathroom, Separate WC
A three bedroom mid terrace house requiring modernisation, in convenient residential location - Vacant
By Order of Mountview Estates plc
Tenure
Freehold.
Location
Situated near the junction of Princes Avenue and Melville Gardens
Forming part of an established residential area
Palmers Green and Wood Green shopping centres are both easily accessible
The leisure areas of Tottenhall Sports Ground, Broomfield Park and Alexandra Park are all accessible
Easy access to the North Circular Road (A406) provides good road links to the A10, M1 and M11
Bounds Green (Piccadilly Line)
Palmers Green
Description
A two storey mid terrace house
The interior, which has gas central heating and double glazing, requires modernisation
Rear garden of about 40ft
Accommodation
Ground Floor – Entrance Hall, Two Reception Rooms, Kitchen
First Floor – Three Bedrooms, Bathroom, Separate WC
159, Princes Avenue, London, N13 6HG
Vacant Freehold House
Type: Residential, House, Leisure, Office, Offices
Location:
159 Princes Avenue, N13 6HGGBLondonGreater LondonN13 6HG159, Princes Avenue
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Vacant Leasehold Prominent Retail Opportunity.
Tenure
125 years from 1st November 1989 at a peppercorn rent, with full vacant possession.
Description
The prominent neighbourhood retail parade with excellent residential catchment area and proposed Clifton South Urban Expansion
Directly opposite Summerwood Lane tram stop
The property comprises a brick built end of terrace mixed-use building arranged over ground, first and second floors, currently fitted out and trading as Clifton Fish Bar on the ground floor with a three bedroom flat arranged on the first and second floors
In addition to the above, there is a separate garage and parking area for approximately 2/3 cars
The ground floor of the property extends to approximately 68.9 sq m (742 sq ft)
The above floor areas have been obtained from the Valuation Office Agency website and should be used for guidance purposes only. Prospective purchasers are advised to undertake their own measured survey of the property prior to purchase
Extensive photographs available at www.rightmove.co.uk
EPC Rating
C 66
VAT
We understand that VAT will not be applicable to the sale price. However, interested parties should refer to the Special Conditions of Sale for confirmation of this.
Viewings
Contact Victor Ktori or Ria Khan on 0115 934 8050.
125 years from 1st November 1989 at a peppercorn rent, with full vacant possession.
Description
The prominent neighbourhood retail parade with excellent residential catchment area and proposed Clifton South Urban Expansion
Directly opposite Summerwood Lane tram stop
The property comprises a brick built end of terrace mixed-use building arranged over ground, first and second floors, currently fitted out and trading as Clifton Fish Bar on the ground floor with a three bedroom flat arranged on the first and second floors
In addition to the above, there is a separate garage and parking area for approximately 2/3 cars
The ground floor of the property extends to approximately 68.9 sq m (742 sq ft)
The above floor areas have been obtained from the Valuation Office Agency website and should be used for guidance purposes only. Prospective purchasers are advised to undertake their own measured survey of the property prior to purchase
Extensive photographs available at www.rightmove.co.uk
EPC Rating
C 66
VAT
We understand that VAT will not be applicable to the sale price. However, interested parties should refer to the Special Conditions of Sale for confirmation of this.
Viewings
Contact Victor Ktori or Ria Khan on 0115 934 8050.
640, Farnborough Road, Nottingham, NG11 9GU
Vacant Leasehold Prominent Retail Opportunity.
Type: Residential, Retail, Mixed use, Office, Other Property Types & Opportunities, Offices
Location:
640 Clifton Fish Bar, Farnborough Road, Nottingham, NG11 9GUGBNottinghamNottinghamshireNG11 9GU640, Farnborough Road
Size:
742 Sq Ft
Images: 1
Brochures:
0
FREEHOLD MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT COMPRISING SHOP AND TWO FLATS
Situated close to the heart of Southsea's commercial district on the corner of Grove Road South and Marmion Road, this three storey freehold building is arranged as a commercial unit on the ground floor with a three bedroom flat and a one bedroom flat over.
The whole building is at present let and producing a healthy income and is considered ideally suited for addition to an income-producing portfolio.
Commercial
Ground Floor
Main shop/sales area, office, treatment room, kitchen and two cloakrooms.
Tenancy
Let under the terms of a recently renewed commercial lease for a term of five years until 30th July 2022 at a rental of £15,000 per annum.
Residential
First Floor
Flat 6A
Living room/kitchen, three bedrooms and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy for 12 months from 17th May 2017 at a current rental of £795 per calendar month.
Flat 6B
Second Floor
Living room/ kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an extended Assured Shorthold Tenancy for six months from 15th May 2017 at a rental of £625 per calendar month.
Residential EPC: B
Commercial EPC: C
The whole building is at present let and producing a healthy income and is considered ideally suited for addition to an income-producing portfolio.
Commercial
Ground Floor
Main shop/sales area, office, treatment room, kitchen and two cloakrooms.
Tenancy
Let under the terms of a recently renewed commercial lease for a term of five years until 30th July 2022 at a rental of £15,000 per annum.
Residential
First Floor
Flat 6A
Living room/kitchen, three bedrooms and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy for 12 months from 17th May 2017 at a current rental of £795 per calendar month.
Flat 6B
Second Floor
Living room/ kitchen, bedroom and bathroom with W.C.
Tenancy
Let on an extended Assured Shorthold Tenancy for six months from 15th May 2017 at a rental of £625 per calendar month.
Residential EPC: B
Commercial EPC: C
6, Grove Road South, Southsea, PO5 3QT
FREEHOLD MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT COMPRISING SHOP AND TWO FLATS
Type: Residential, Office, General Retail, Offices, Retail
Location:
6 Grove Road South, PO5 3QTGBSouthseaHampshirePO5 3QT6, Grove Road South
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FOUR STOREY VIRTUAL FREEHOLD FLAT AND FORMER BANK PREMISES WITH POTENTIAL.
This imposing landmark former bank premises is situated in the heart of the town of Shanklin on the east coast of the Isle of Wight.
A flat on the second floor has been sold on a long leasehold basis, while the remainder of the building, which extends to three further floors, offers scope and potential for a number of future uses, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.
Basement
Strong room and store rooms.
Ground Floor
Former banking hall and interview rooms.
First Floor
Office, staff room, comms room and male and female cloakrooms with W.C.’s.
Second Floor Flat
Tenure
Sold on a 125 year lease from 23rd April 2008 at a ground rental of £100 per annum.
Tenure
Remainder of an 873 year lease from 5th October 1874 at a peppercorn ground rent. Further lease information will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
Auctioneer’s Note
At the time of publication we have not inspected the property internally and the accommodation details have been provided by the Seller.
Commercial EPC: TBC
A flat on the second floor has been sold on a long leasehold basis, while the remainder of the building, which extends to three further floors, offers scope and potential for a number of future uses, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.
Basement
Strong room and store rooms.
Ground Floor
Former banking hall and interview rooms.
First Floor
Office, staff room, comms room and male and female cloakrooms with W.C.’s.
Second Floor Flat
Tenure
Sold on a 125 year lease from 23rd April 2008 at a ground rental of £100 per annum.
Tenure
Remainder of an 873 year lease from 5th October 1874 at a peppercorn ground rent. Further lease information will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
Auctioneer’s Note
At the time of publication we have not inspected the property internally and the accommodation details have been provided by the Seller.
Commercial EPC: TBC
19, High Street, Shanklin, PO37 6JX
FOUR STOREY VIRTUAL FREEHOLD FLAT AND FORMER BANK PREMISES WITH POTENTIAL.
Type: Office, General Retail, Offices, Retail
Location:
19 High Street, PO37 6JXGBShanklinIsle of WightPO37 6JX19, High Street
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FREEHOLD COMMERCIAL INVESTMENT AND DEVELOPMENT OPPORTUNITY WITH PLANNING CONSENT FOR A TRADE COUNTER.
The building comprises the former bar and function rooms of the now defunct Waterlooville Football Club and their Jubilee Park Stadium, with this freehold investment offering a mix of ongoing income from the first floor and with numerous potential options available on the ground floor, which still also has a current premises licence.
The ground floor could therefore continue to be used for social or a number of other future potential uses, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, Havant Borough Council. Tel 023 9247 4174. Website: www.havant.gov.uk.
Among these future potential uses would be conversion to a trade counter, for which planning consent has been obtained and which would extend to in excess of 510.97 sq.m. (5,500 sq.ft.).
The ground floor also includes a former café, which has previously traded separately from the remainder of the building.
The first floor is at present let under the terms of a commercial lease and trading as The Waterlooville Sports Bar, over 492.39 sq.m. (5,300 sq.ft.), large enough for nine full-size snooker tables and a separate glass partitioned bar and pool area.
Ground Floor
Former football club bar and ‘Aston Rooms’ function suite with previous licence capacities of 100 and 250 respectively, previously self-contained café, numerous cloakrooms, store rooms and offices.
First Floor
Waterlooville Sports Bar.
Tenancy
Held under the terms of a commercial lease for 10 years from 18th July 2016 at a current rental of £15,000 per annum.
Outside
Detached brick built store and parking area and two freight/shipping containers, which may be available under separate negotiation.
Planning
Planning Permission has been granted by Havant Borough Council, under ref: APP/16/00538, dated 20th July 2016, for change of use for ground floor Class D2 function Room to Class B8 warehouse, with trade counter insertion of roller shutter door to north east elevation.
A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
EPC Ratings
Ground Floor
EPC rating of C (53).
First Floor
EPC rating of E (103).
Commercial EPC: C
The ground floor could therefore continue to be used for social or a number of other future potential uses, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, Havant Borough Council. Tel 023 9247 4174. Website: www.havant.gov.uk.
Among these future potential uses would be conversion to a trade counter, for which planning consent has been obtained and which would extend to in excess of 510.97 sq.m. (5,500 sq.ft.).
The ground floor also includes a former café, which has previously traded separately from the remainder of the building.
The first floor is at present let under the terms of a commercial lease and trading as The Waterlooville Sports Bar, over 492.39 sq.m. (5,300 sq.ft.), large enough for nine full-size snooker tables and a separate glass partitioned bar and pool area.
Ground Floor
Former football club bar and ‘Aston Rooms’ function suite with previous licence capacities of 100 and 250 respectively, previously self-contained café, numerous cloakrooms, store rooms and offices.
First Floor
Waterlooville Sports Bar.
Tenancy
Held under the terms of a commercial lease for 10 years from 18th July 2016 at a current rental of £15,000 per annum.
Outside
Detached brick built store and parking area and two freight/shipping containers, which may be available under separate negotiation.
Planning
Planning Permission has been granted by Havant Borough Council, under ref: APP/16/00538, dated 20th July 2016, for change of use for ground floor Class D2 function Room to Class B8 warehouse, with trade counter insertion of roller shutter door to north east elevation.
A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
EPC Ratings
Ground Floor
EPC rating of C (53).
First Floor
EPC rating of E (103).
Commercial EPC: C
16, Aston Road, Waterlooville, PO7 7XG
FREEHOLD COMMERCIAL INVESTMENT AND DEVELOPMENT OPPORTUNITY WITH PLANNING CONSENT FOR A TRADE COUNTER.
Type: Warehouse, Trade counter, Offices, Office, Restaurant/Cafes, Mixed Use, Industrial, Retail, Other Property Types & Opportunities
Location:
16 Aston Road, PO7 7XGGBWaterloovilleHampshirePO7 7XG16, Aston Road
Size:
53000 - 5500 Sq Ft
Images: 4
Brochures:
0
FREEHOLD TOWN CENTRE SHOP & UPPER PARTS WITH POTENTIAL.
This relatively modern retail unit measures 139.35 sq.m. (1500 sq.ft.) of sales area on the ground floor and is situated in the heart of the town centre of Newport, the Island's County Town. The first floor can only at present be accessed internally but offers scope and potential for residential conversion, subject to reconfiguration of the existing staircase and subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.
Ground Floor
Sales/retail area measuring 139.35 sq.m. (1500 sq.ft.), partly sub-divided at the rear for storage or ancillary purposes.
First Floor
A range of office/store rooms, kitchen, two cloakrooms (both with W.C.'s).
Second Floor
Store room.
EPC Rating
The property has an Energy Performance Rating of C (66).
Freehold with Vacant Possession
Commercial EPC: C
Ground Floor
Sales/retail area measuring 139.35 sq.m. (1500 sq.ft.), partly sub-divided at the rear for storage or ancillary purposes.
First Floor
A range of office/store rooms, kitchen, two cloakrooms (both with W.C.'s).
Second Floor
Store room.
EPC Rating
The property has an Energy Performance Rating of C (66).
Freehold with Vacant Possession
Commercial EPC: C
68, High Street, Newport, PO30 1BA
FREEHOLD TOWN CENTRE SHOP & UPPER PARTS WITH POTENTIAL.
Type: Retail, Office, Offices
Location:
68 High Street, PO30 1BAGBNewportIsle of WightPO30 1BA68, High Street
Size:
1500 Sq Ft
Images: 1
Brochures:
0
COMMERCIAL INVESTMENT OPPORTUNITY.
*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, CONTACT AUCTIONEER FOR DETAILS*
AVAILABLE AT £60,000 + FEES
A ground floor office located on the west side of London Road which is a busy thoroughfare on the edge of Bexhill town centre with easy access to the A259, the mainline railway station and seafront.
The property has been well maintained over the years by the current owner and this includes fire alarms and gas heating system via radiators.
The ground floor unit is let on a five year lease and is considered ideal for continued investment.
Ground Floor
Main office, further office with storage area, kitchen and separate W.C.
Outside
Garden, two storage units and one parking space to the rear.
Tenancy
Let under the terms of a five year lease, from 1st June 2015, at a current rental of £7,500 per annum.
Tenure
To be sold on a new 125 year lease. Further information will be available to download from the Clive Emson website or inspection at the Auctioneer's Office.
Commercial EPC: B
AVAILABLE AT £60,000 + FEES
A ground floor office located on the west side of London Road which is a busy thoroughfare on the edge of Bexhill town centre with easy access to the A259, the mainline railway station and seafront.
The property has been well maintained over the years by the current owner and this includes fire alarms and gas heating system via radiators.
The ground floor unit is let on a five year lease and is considered ideal for continued investment.
Ground Floor
Main office, further office with storage area, kitchen and separate W.C.
Outside
Garden, two storage units and one parking space to the rear.
Tenancy
Let under the terms of a five year lease, from 1st June 2015, at a current rental of £7,500 per annum.
Tenure
To be sold on a new 125 year lease. Further information will be available to download from the Clive Emson website or inspection at the Auctioneer's Office.
Commercial EPC: B
97, London Road, Bexhill-on-sea, TN39 3LB
COMMERCIAL INVESTMENT OPPORTUNITY.
Type: Storage, Land, Office, Industrial, Commercial Land, Offices
Location:
97 London Road, TN39 3LBGBBexhill-on-SeaEast SussexTN39 3LB97, London Road
Size:
Images: 4
Brochures:
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PARKING SPACE.
*THIS LOT IS STILL AVAILABLE FOR OFFERS, CONTACT AUCTIONEER FOR DETAILS*
AVAILABLE AT £27,000 + FEES
A fantastic opportunity to acquire this leasehold parking space situated close to Gatwick airport. The parking space is currently sub-let for a term of two years expiring in December 2017 however at the end of the term the purchaser will be automatically entered into a lifetime management agreement with Group First offering a long-term investment opportunity. The parking space is considered ideal for immediate investment with future potential for private use.
Tenancy
Let on a sub-lease to Help Me Park Gatwick Limited for the term of two years from 15th December 2015 at a current rental of £2,000 per annum.
Tenure
Remainder of a 175 year lease from 1st February 2016. Further lease information will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
Viewing
On site.
AVAILABLE AT £27,000 + FEES
A fantastic opportunity to acquire this leasehold parking space situated close to Gatwick airport. The parking space is currently sub-let for a term of two years expiring in December 2017 however at the end of the term the purchaser will be automatically entered into a lifetime management agreement with Group First offering a long-term investment opportunity. The parking space is considered ideal for immediate investment with future potential for private use.
Tenancy
Let on a sub-lease to Help Me Park Gatwick Limited for the term of two years from 15th December 2015 at a current rental of £2,000 per annum.
Tenure
Remainder of a 175 year lease from 1st February 2016. Further lease information will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
Viewing
On site.
G40, Bonnetts Lane, Crawley, RH11 0NY
PARKING SPACE.
Type: Land, Other, Office, Commercial Land, Other Property Types & Opportunities, Offices
Location:
G40 Bonnetts Lane Car Park, Bonnetts Lane, Crawley, RH11 0NYGBCrawleyWest SussexRH11 0NYG40, Bonnetts Lane
Size:
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TWO BEDROOM FLAT FOR MODERNISATION
*AVAILABLE AT £175,000 + FEES, CONTACT AUCTIONEER FOR DETAILS*
A self-contained flat situated on the first floor of this purpose built block, having access from the rear and now in need of refurbishment and modernisation. The flat is situated in the popular Broadmead area to the south of the town centre.
First Floor Flat
Rear entrance hall, living/dining room with balcony to front, kitchen, two bedrooms and bathroom with W.C.
Tenure
Sold on a new ground lease. Further details will be available from the Auctioneer's Office.
Leasehold with Vacant Possession
Residential EPC: TBC
A self-contained flat situated on the first floor of this purpose built block, having access from the rear and now in need of refurbishment and modernisation. The flat is situated in the popular Broadmead area to the south of the town centre.
First Floor Flat
Rear entrance hall, living/dining room with balcony to front, kitchen, two bedrooms and bathroom with W.C.
Tenure
Sold on a new ground lease. Further details will be available from the Auctioneer's Office.
Leasehold with Vacant Possession
Residential EPC: TBC
124a, Broadmead, Tunbridge Wells, TN2 5RW
TWO BEDROOM FLAT FOR MODERNISATION
Type: Residential, Flat, General Retail, Office, Retail, Offices
Location:
124a Broadmead, TN2 5RWGBTunbridge WellsKentTN2 5RW124a, Broadmead
Size:
Images: 1
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SELF-CONTAINED FLAT AND RETAIL UNIT WITH PLANNING FOR CONVERSION TO TWO FLATS.
*AVAILABLE AT £235,000 + FEES , CONTACT AUCTIONEER FOR DETAILS*
An end-terrace property which, until recently, comprised of a ground floor retail shop with self-contained flat above. The property is situated at the end of a residential parade conveniently located for local shops and the centre of the County town of Maidstone.
Planning Permission has now been granted for conversion of the ground floor retail unit to provide a self-contained residential flat.
Planning
Planning Permission has been granted by Maidstone Borough Council, under ref: 17/500871/FULL, dated 25th April 2017, for change of use from A1 shop to residential flat, subject to conditions.
The Planning Consent and proposed plans will be available for download from the Clive Emson website or inspection at the Auctioneer's Office.
Proposed Accommodation
Ground Floor
Living room to front, inner hallway, kitchen, bedroom and shower room with W.C.
Outside
Courtyard and proposed parking space to front.
Existing First Floor Flat
Ground Floor
Entrance hall.
First Floor
Landing, living room to front, kitchen, bedroom and bathroom with W.C.
Outside
Garden to rear and parking space to side.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.
Freehold with Part Vacant Possession
Residential EPC: TBC
An end-terrace property which, until recently, comprised of a ground floor retail shop with self-contained flat above. The property is situated at the end of a residential parade conveniently located for local shops and the centre of the County town of Maidstone.
Planning Permission has now been granted for conversion of the ground floor retail unit to provide a self-contained residential flat.
Planning
Planning Permission has been granted by Maidstone Borough Council, under ref: 17/500871/FULL, dated 25th April 2017, for change of use from A1 shop to residential flat, subject to conditions.
The Planning Consent and proposed plans will be available for download from the Clive Emson website or inspection at the Auctioneer's Office.
Proposed Accommodation
Ground Floor
Living room to front, inner hallway, kitchen, bedroom and shower room with W.C.
Outside
Courtyard and proposed parking space to front.
Existing First Floor Flat
Ground Floor
Entrance hall.
First Floor
Landing, living room to front, kitchen, bedroom and bathroom with W.C.
Outside
Garden to rear and parking space to side.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.
Freehold with Part Vacant Possession
Residential EPC: TBC
454, Tonbridge Road, Maidstone, ME16 9JA
SELF-CONTAINED FLAT AND RETAIL UNIT WITH PLANNING FOR CONVERSION TO TWO FLATS.
Type: Residential, Retail, Office, Offices
Location:
454 Tonbridge Road, ME16 9JAGBMaidstoneKentME16 9JA454, Tonbridge Road
Size:
Images: 2
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DETACHED PROPERTY WITH POTENTIAL FOR CONVERSION TO LARGE RESIDENCE.
*AVAILABLE AT £445,000 + FEES, CONTACT AUCTIONEER FOR DETAILS*
A large detached property situated in a very popular residential area, convenient for the Grove Green shopping area and close to the centre of Bearsted village.
The premises have, for many years, operated as a nursery school and now offer potential for a variety of future uses, including conversion to a residence, subject to all necessary consents being obtainable.
Interested applicants are advised to make their own enquiries with the Local Planning Authority, Maidstone Borough Council. Tel: 01622 602736. Website: maidstone.gov.uk.
Existing Accommodation
Ground Floor
Entrance hall, two front room, play room (former living room), conservatory, kitchen, utility room and two separate W.C.s.
First Floor
Landing with fire escape, large L-shape classroom (formerly three bedrooms), further room to front, staff & children's W.C.s and office to rear.
Outside
Front garden laid to hardstanding for car-parking. Rear garden.
Viewing
Interested applicants are requested to respect the privacy of the current occupiers, therefore, viewings are strictly by prior confirmed appointment with the Auctioneer's Office.
Freehold with Vacant Possession
Commercial EPC: TBC
A large detached property situated in a very popular residential area, convenient for the Grove Green shopping area and close to the centre of Bearsted village.
The premises have, for many years, operated as a nursery school and now offer potential for a variety of future uses, including conversion to a residence, subject to all necessary consents being obtainable.
Interested applicants are advised to make their own enquiries with the Local Planning Authority, Maidstone Borough Council. Tel: 01622 602736. Website: maidstone.gov.uk.
Existing Accommodation
Ground Floor
Entrance hall, two front room, play room (former living room), conservatory, kitchen, utility room and two separate W.C.s.
First Floor
Landing with fire escape, large L-shape classroom (formerly three bedrooms), further room to front, staff & children's W.C.s and office to rear.
Outside
Front garden laid to hardstanding for car-parking. Rear garden.
Viewing
Interested applicants are requested to respect the privacy of the current occupiers, therefore, viewings are strictly by prior confirmed appointment with the Auctioneer's Office.
Freehold with Vacant Possession
Commercial EPC: TBC
Weavering Street, Maidstone, ME14 5JR
DETACHED PROPERTY WITH POTENTIAL FOR CONVERSION TO LARGE RESIDENCE.
Type: Residential, Mixed Use, Other, Office, Other Property Types & Opportunities, Offices
Location:
Linden Lea, Weavering Street, ME14 5JRGBMaidstoneKentME14 5JRWeavering Street
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Images: 2
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LAND WITH PLANNING FOR DETACHED HOUSE
*AVAILABLE AT £100,000 + FEES, CONTACT AUCTIONEER FOR DETAILS*
A rectangular site situated at the end of a residential terrace offered for sale with outline Planning Permission for development with a single detached residence.
Planning
Outline Planning Permission has been granted by Tonbridge and Malling Borough Council under ref: TM/17/00536/OA, dated 21st April 2017, for development with a detached dwelling (circa 110 sq.m.), subject to conditions. A copy of the planning consents and proposed plans are available to download from the Clive Emson website or inspection at the Auctioneers office.
Viewing
Interested applicants may view directly on site.
Freehold with Vacant Possession.
A rectangular site situated at the end of a residential terrace offered for sale with outline Planning Permission for development with a single detached residence.
Planning
Outline Planning Permission has been granted by Tonbridge and Malling Borough Council under ref: TM/17/00536/OA, dated 21st April 2017, for development with a detached dwelling (circa 110 sq.m.), subject to conditions. A copy of the planning consents and proposed plans are available to download from the Clive Emson website or inspection at the Auctioneers office.
Viewing
Interested applicants may view directly on site.
Freehold with Vacant Possession.
15, Station Road, Aylesford, ME20 6AU
LAND WITH PLANNING FOR DETACHED HOUSE
Type: Residential, Land, Office, Commercial Land, Offices
Location:
15 Station Road, ME20 6AUGBAylesfordKentME20 6AU15, Station Road
Size:
110 Sq M
Images: 1
Brochures:
0
LAND WITH PLANNING FOR SUBSTANTIAL DWELLING
*AVAILABLEAT £145,000 + FEES, CONTACT AUCTIONEER FOR DETAILS*
Situated close to the centre of the historic market town of Faversham, this freehold site is offered with Planning Permission for a detached double fronted four bedroom house.
Planning
Planning Permission has been granted by Swale Borough Council, under ref: 15/507671/FULL, dated 15th February 2016, for the demolition of the existing light industrial unit and the construction, in its place, of one four-bedroom detached house, subject to conditions. A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
Proposed Accommodation
Ground Floor
Entrance porch, entrance hall, cloakroom with W.C., reception room, living room, kitchen/dining room and utility room.
First Floor
Landing, master bedroom with en-suite and balcony. Two further bedrooms and family bathroom.
Second Floor
Study and further bedroom.
Outside
Patio/garden area to rear.
Auctioneer's Note
The light industrial unit referred to in the Decision Notice has now been demolished. The Auctioneers have been advised by the Seller that full Building Regulations have been approved. A copy of any such approval will be made available in the legal pack.
Viewing
Strictly by appointment with the Auctioneer's Office. Prospective bidders must not trespass over neighbouring land/property.
Freehold with Vacant Possession.
Situated close to the centre of the historic market town of Faversham, this freehold site is offered with Planning Permission for a detached double fronted four bedroom house.
Planning
Planning Permission has been granted by Swale Borough Council, under ref: 15/507671/FULL, dated 15th February 2016, for the demolition of the existing light industrial unit and the construction, in its place, of one four-bedroom detached house, subject to conditions. A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.
Proposed Accommodation
Ground Floor
Entrance porch, entrance hall, cloakroom with W.C., reception room, living room, kitchen/dining room and utility room.
First Floor
Landing, master bedroom with en-suite and balcony. Two further bedrooms and family bathroom.
Second Floor
Study and further bedroom.
Outside
Patio/garden area to rear.
Auctioneer's Note
The light industrial unit referred to in the Decision Notice has now been demolished. The Auctioneers have been advised by the Seller that full Building Regulations have been approved. A copy of any such approval will be made available in the legal pack.
Viewing
Strictly by appointment with the Auctioneer's Office. Prospective bidders must not trespass over neighbouring land/property.
Freehold with Vacant Possession.
24, Plantation Road, Faversham, ME13 8QY
LAND WITH PLANNING FOR SUBSTANTIAL DWELLING
Type: Land, Light industrial, Office, Commercial Land, Industrial, Offices
Location:
24 Plantation Road, ME13 8QYGBFavershamKentME13 8QY24, Plantation Road
Size:
Images: 2
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