Offices for sale

Prominent period building with planning permission for retail, office and residential development.

The property comprises a four storey building plus basement. The ground and basement levels are in retail (A1) use; the first and second floors consist of B1 floorspace (which is currently partly occupied); and the third floor is residential (vacant).
Planning permission has been granted for rear extensions to create enlarged retail space at basement and ground floor, retention of existing office space at first and second floors, and three flats arranged over first to third floors (2 x 1 bed flats and 1 x 2 bed flat).

The consented accommodation comprises 2,993sqft GIA of retail, 1,636sqft GIA of office accommodation, and 2,077sqft NSA of residential accommodation.

The freehold interest is available with vacant possession.

Investment Summary

Salfords is an ideally located industrial area

Gatwick International Airport and M25 within easy reach

The Subject property is located within a strong secondary market area

The property consists of three main mixed use buildings comprising both Office and General Industrial space, along with a number of further light industrial buildings, providing c.35,000 sqft of accommodation

Current Passing rent c.£200,000

Opportunity to enhance income through active management of both General Industrial and Office accommodation

Our Clients are seeking offers for the Freehold interest

FREEHOLD OFFICE INVESTMENT FOR SALE

10,409 sq ft (967 sqm) NIA
Let on FRI lease expiring 31.12.23 producing £170,000pax.
Tenants option to break in 2021.
Guide price £2.195m reflecting 7.47% NIY.
Contact Hus Djevdet or Michael Deacon-Jackson

A 1 million sq ft business park offering office, industrial and hotel bespoke opportunities, freehold or leasehold.

A VISION FOR SOUTHEND
A landmark development comprising an area of c. 20.88 hectares, Airport Business Park will be located immediately adjacent to London Southend Airport and just 2.3 miles from the modern passenger terminal building.

Airport Business Park provides a new vision for Southend, supporting the economic prosperity of the local and wider region. It will create employment and deliver a pioneering innovation centre for start-up businesses together with grow on space.

CONNECTIVITY
Airport Business Park will benefit from next generation
connectivity. The site sits adjacent to Europe's fastest growing airport offering direct services to 22 European destinations.

Airport Business Park being located within the Thames Gateway, a national priority area for growth and regeneration allowing in the region of £62m of capital investment funding to be identified within the South East LEP Growth Deal and Economic Plan over the next five years for both the A127 and the immediate vicinity of the park.

Additionally, Southend is well serviced by two mainline stations. Central London can be reached in approximately 53 minutes with direct services to Liverpool Street and
Fenchurch Street.

A VARIETY OF BUSINESS OPPORTUNITIES
Airport Business Park offers a wide range of business uses including:
- Office Schemes
- Industrial Warehousing
- Hotel Facility
- Innovation Centre
( Agency Pilot Software Ref: 8903105 )

An existing mixed use commercial property in central Luton with planning potential for an extra floor of B1 office space or Residential conversion.

The property is located on the south side of George street which is considered to be Luton’s prime retail pitch in the nucleus of Luton Town Centre. The property is a 7 minute walk from Luton Railway Station providing direct services into London St Pancras in approx. 23 minutes and approximately a 9 minute drive from Luton Airport.

Planning permission was submitted on 29th May 2018 for the construction of an extra floor of B1 office space extending to 4,499 sqft GIA. The scheme provides façade alterations and reconfiguration of the third floor with a use class change from D1 to B1 (Planning Ref: 18/00814/FUL).

The Vendor has drawn up an alternative massing scheme for the retention of the ground floor use and the change of use of the 1st to 3rd floor into 62 shared living units (Sui Generis) extending to 10,599sqft NSA (14,532 sqft GIA).

Please call now for further information

Western House is an office property arranged over ground and two upper floors. The property comprises a front section which is Grade II listed originating in the 17th Century and more recent extension to the rear, assumed to have been added during the early 1970's. There is onsite parking for circa 14 vehicles.

The 17th Century section is of traditional masonry construction under a pitched tiled roof and the rear extension assumed to be of brick and/or block construction beneath a pitched roof. In the main, the office suites have comfort cooling units, carpeting, perimeter trucking and suspended ceilings with insert lighting units.

Newmarket industrial unit to let with, offices, car parking and yard. Freehold with vacant possession also available.

The unit is a detached warehouse of steel frame construction and brick/profile clad walls and corrugated roof, with first floor offices, part ground floor offices, with kitchen and staff breakout area, and w.c’s. There is a roller door with access to the yard.

The unit presents well and has good quality partitioning and a good mixture of open plan space and meeting room/office space together with the storage area/warehouse. Parking is good with additional council owned car parking adjacent. The yard permits access from Albion Court in addition to the right hand side of the unit and is of a good size.

The property is available to let on assignment of the existing lease at the passing rent or a new sub lease at a rent of £71,500 per annum. The current lease is a ten year lease from May 2015 and has the benefit of a tenants break clause in May 2020.

Planning Consent to provide 15 apartments, 8 houses, 3 x B1 Offices & 1 x A1 retail unit

Detailed planning consent to provide a gated and brand-new, mixed-use scheme, comprising 15 apartments, 8 houses, 3 x B1 offices & 1 x A1 Retail Unit

Surface parking to provide 21 spaces

Seconds from all local amenities and just 0.3 Miles from Mill Hill East Station, with trains travelling into London’s Euston Station in under 25 minutes

Potential for an enlarged scheme, subject to obtaining all necessary consents

Current income from the front building of £37,230 per annum (ERV: £55,000)

Offers invited in excess of £4,950,000 for the freehold interest, subject to contract

Westfield House offers a detached modern office building which sits on a prominent 1.25 acre site and benefits from 77 car spaces

Location

Westfield House is strategically located approximately 2 miles to the west of the city centre at the western end of the West Approach Road, located between Gorgie Road and Roseburn Terrace. The site sits in a prominent position directly opposite Sainsburys superstore (Murrayfield) to the south and Murrayfield Rugby Stadium to the north. The area is also well served by transport links with a tram stop a short walk and a bus stop with 4 bus routes directly in front of the site.

Floor depth of approximately 15m Clear floor to ceiling height of approximately 2.7m Full metal raised access floor with 150mm clear void Metal suspended ceiling with recessed lighting 2x 10 person passenger lifts

The building extends to the following approximate net internal area:

Floor Size (sq.ft.) 2nd Floor 14,737 1st Floor 17,089 Ground 16,788 TOTAL 48,614

Modern detached office premises. Private car park. Convenient town centre location. 1,096 sq. ft. (11,797 sq. ft.) Scope for alternative use subject to planning. Offers invited.

Town Centre Location
Former Hotel with Restaurant
1st, 2nd & Attic Floors
Residential Development Opportunity
P.O.A

Location

The subjects are situated on the corner of Douglas Street and St Andrews Street occupying a South Eastern position opposite the Douglas Arms Hotel and directly above the Jade Palace Restaurant within the town centre of Castle Douglas.

Castle Douglas is a town of around 4,200 people with an expanding tourist industry situated approximately 18 miles south west from Dumfries in rural Dumfries and Galloway. Tourist attraction stems from the ease of access to the Solway Coast and the Galloway Hills lying to the west of the town of Dalbeattie (6miles) and east of Gatehouse of Fleet (14miles).

Subjects

The subjects comprise the 1st, 2nd & converted attic floors of a 3 storey traditional sandstone building surmounted by a pitched roof with a 2 no. storey extension to the rear. The subjects were formerly utilised as a hotel with its most recent incarnation as an Indian restaurant with letting rooms.

Access to the subjects are gained via a single timber door at street level from King Street leading to an internal secondary aluminium framed double glazed door presenting a spacious reception hall with large carpeted staircase leading to the first floor.

The first floor benefits from characteristics of its former glory as a hotel with accents of traditional decor throughout, the first floor offers spacious dining area, large kitchen with separate prep area along with further dry store and private dining area / office overlooking King Street with the dining area benefitting from views over King Street and St Andrews Street along with the benefit of excellent natural light. The kitchen area to the rear of the subjects benefits from single stairwell leading to a common area to the rear of the demise at ground floor.

Access to the 2nd floor is gained via a single staircase situated within the centre of the 1st floor with single return leading to the letting rooms. The 2nd floor boasts 5 large bedrooms with en-suite shower facilities with common w.c. situated within the hallway, each bedroom accommodates a double bed, large chest of drawers along with space for further installation of individual en-suite bathrooms.

The attic floor is accessed via the same stairwell the attic space offers 4 no. large bedrooms with en-suite showers and also common w.c. with further room for redevelopment to incorporate w.c.s within each room.

The subjects have been neglected within recent years and require refurbishment throughout, viewing is essential to understand the potential the property holds either for restaurant / hotel / residential / serviced apartments / hostel (subject to planning)

NAV/RV

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

£4,950

Planning

The subjects previously held planning consent for a hotel with associated restaurant however until recently the subjects operated as a restaurant with guest rooms. Interested partiers should satisfy themselves as to current planning and proposed planning applications in respect of the subjects

Proposal

Our client is inviting offers for their freehold and leasehold interest in the subjects. Further information available form the marketing agent.

V.A.T.

The subjects have not been elected for V.A.T.

LETCHWORTH

Letchworth is famous for being the world’s first garden city and today retains its landscaped ambience. It is an attractive business location situated in North Hertfordshire approx. 28 miles north of London and a short distance from both Stevenage and Hitchin.

Trunk road access is excellent with direct access to Junctions 9 and 10 of the A1(M). In addition the A505 provides fast link to M1/Luton and Cambridge/M11/ East Anglia.

The M25 is approx 15 miles south at J23 (south Mimms). Luton Airport is approx 11 miles and Stansted 29 miles. Letchworth offers a fast electrified train service to London Kings Cross (approx. 32 minutes).

Letchworth has moved with the times and this property adjoins the major new Business Park which includes a Sainsburys Superstore and Letchworth Leisure Centre.

LOCATION

The property is located in a very prominent position fronting Works Road at the junction with Green Lanes in the centre of the main commercial area.

DESCRIPTION

The property has been fitted out to a very high standard to provide offices and an electronic workshop/service facility with warehousing.

It was built as a high specification production / warehouse building in 2012.

It is constructed of a clear span steel portal frame with high quality brick and clad elevations with an eaves height of 7.4 m with a high level of fit out.

Since it was built an office grade first floor has been inserted with opening windows to the front elevation of Unit 1 and a part office / part storage mezzanine in Unit 2.

Features include:

• Finished to a very high standard.
• Double door front elevation reception area.
• Ground floor open workshop / warehouse area.
• Fully fitted staff break area.
• High quality staff and toilet areas on both floors.
• 2 full-size loading door and side staff entrance.
• Air conditioning, heating & ventilation.
• Suspended ceilings throughout.
• Installed and routed power & data cabling.
• 20 parking spaces.
• Communal bike sheds.
• Lorry turning area.

APPROXIMATE (GROSS INTENRAL) FLOOR AREAS

Unit 1 Ground Floor 3,802 Sq Ft
First Floor 3,734 Sq Ft
7,536 Sq Ft
(plus second floor storage)

Unit 2 Ground Floor 4,036 Sq Ft
First Floor 947 Sq Ft
Total 4,983 Sq Ft

Overall total 12,519 Sq Ft
Plus additional mezzanine floor 1,919 Sq Ft

RATEABLE VALUE

Please see the Valuation Office Agency website (www.voa.gov.uk). Indicated assessment £78,000.

Amount payable 49.3% (2018/19).

TERMS

Available for sale on the basis of a 150-year ground lease from 1 November 2011 at a peppercorn rental. This is the standard ownership arrangement in Letchworth Garden City.

Price £1,495,000.

All terms are subject to VAT.

AVAILABILITY

On completion of legal formalities.

ENERGY PERFORMANCE CERTIFICATE

Category B (47)

INSPECTION

For further information please contact Davies & Co on 01707 274237.

NOTE

The particulars contained within this brochure are believed to be correct but their accuracy cannot be guaranteed and they are therefore expressly excluded from any contract.

The property comprises a former vehicle workshop and stores which up until recently has been operated by Sussex Police. Externally there are yards, surface car parking and a fuel filling pump.

The building could be retained in its current use.

Unique opportunity to acquire a development opportunity in this historic market town.


( Agency Pilot Software Ref: 15357 )

Modern Ground and First Floor Offices with Parking.
( Agency Pilot Software Ref: 21264 )

The premises comprise a detached brick built property arranged over ground floor. The property has most recently been owner-occupied for office use but we understand the premises have previously been used as a medical centre under D1 use class.

Internally, the property comprises a number of separate offices alongside a WC. The main entrance area at the front of the property has two separate doorways, each secured by an automatic roller shutter. One provides access to the central hallway (which leads to the office rooms) and the other provides access to the largest office room. The doorway to the office room has been boarded up internally so is no longer in use but could be easily re-instated if required. In addition there is a fire door at the opposite end of the building; leading out to the rear side of the site.

Externally the site is secured by metal palisade fencing with potential space for parking or other outdoor use. There is also ample on-street parking.

( Agency Pilot Software Ref: 2040179 )

The premises comprise a semi-detached brick built retail property arranged over three floors. The property has most recently been used as a bridal store with office/ancillary space on the first and second floors.

The ground floor has a main showroom / retail area with fitting rooms to the rear. The first floor comprises a number of office/ancillary rooms and the second floor is one single office space. There is a separate entrance to the first floor which presents the opportunity to section off for a separate occupier or self contained flat (STP).

Externally there is space to the side and rear. There is also a good supply of on-street parking directly outside the property.

( Agency Pilot Software Ref: 2040154 )

Comprising a detached two storey building, the ground floor is currently occupied as a veterinary surgery and arranged as a main reception area, waiting room, consulting rooms, theatre, together with various kitchens, stores and staff WC facilities throughout. To the rear of the building there is a patioed garden area with side access available from the front.

The self contained first floor residential accommodation comprises three rooms with lounge, kitchen and shower room together with separate WC. At the time of preparing these particulars we have not undertaken an internal inspection of the flat.
( Agency Pilot Software Ref: 8903507 )

A new HMO development opportunity of a former bed
and breakfast offering accommodation over three floors
in this popular and improving location, immediately
available.
( Agency Pilot Software Ref: 103582 )

Two former interconnected 3-bedroom residential properties, last used as police offices.
( Agency Pilot Software Ref: 103585 )

Semi-detached former 3 bedroom residential dwelling with garden to the rear, single garage and parking.
( Agency Pilot Software Ref: 103584 )

Period detached property over 2 floors with cellar
Former childrens nursery (D1 use)
Approx. 0.3 Acre Plot
Potential development/ residential Conversion opportunity (STP)
Located on the prominent Sherwood Rise
Offers invited in excess of 600,000

High end retail showroom
Suitable for retail or office use (STP)
Traffic count circa 35,000 vehicles per day
Rent 100,000 per annum
Sale price 1,100,000
Nearby occupiers include House of Fraser, intu Victoria Centre, Nottingham Trent University and The Cornerhouse

Detached ornate stone and slate building currently providing office accommodation over gound, First and attic floors with car parking to the rear located on Gordon Square close to Fort William town centre.

The site extends to around 30.47 hectares (75.29 acres) and comprises a former cement works and chalk quarry. It is comprised of three main parts, set to the north and south of the B2175 with inter-connecting tunnels providing access between the parcels.

The land to the north was formerly the cement The land to the north was formerly he cement works, the majority of which has now been cleared and is surfaced with a mix of concrete and crushed hard standing. All of the former buildings on site have been demolished and cleared.

There are chalk cliffs to the southern edge of the northern parcel and as such this art sits below the B2175 having been excavated at some point prior to being a cement works. Access to the site is provided from the A226 (Thames Way) with additional access also possible from Grove Road to the north west.

We understand that both parcels of land to the south of the B2175 known as Church Path Pit and Vineyard Pit were formerly part of the cement works, until
commercial operations ceased. There are no buildings on site and they currently comprise undeveloped scrubland. These two parts of the site are connected to
the northern part via tunnels through the chalk cliff, set beneath the B2175.

To the north west of the former cement works is a small redundant industrial yard and a car park, part of which is also included within the ownership.