Offices for sale

MODERN INDUSTRIAL WAREHOUSE BUILDING

• Modern detached warehouse premises
• High bay internal eaves 33’ 5” (10.2m)
• Well fitted offices
• Total site area approx. 3.85 acres (1.60 hectares)
• M54 (Junction 4/5) approx. 4 miles

PRICE: £4.95m plus VAT, subject to contract for the freehold interest

Unique city centre development & investment opportunity with potential for a range of uses including hotel, retirement, student, residential, office and leisure, subject to the necessary consents.

Located in central Cambridge | Comprising 5 existing buildings, totalling approximately 11,000 sq m GIA (118,000 sq ft) | Set within grounds of 2.47 ha (6.10 acres) in total.

FOR SALE / TO LET

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

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

REFURBISHMENT / DEVELOPMENT OPPORTUNITY

Great House, Kington Langley, Wiltshire, SN15 5NA

▪ Freehold for sale
▪ Vacant Grade II* Listed former manor house
▪ Currently C2 use
▪ Potential for a variety of uses including healthcare, office, hotel and residential, subject to the necessary consents
▪ Site area approximately 4.98 acres (2.02 ha)

FOR SALE

A 410 Sq M (4,421 sq ft) modern detached former training college on a large plot situated close to Warminster Town Centre.

Suitable for alternative uses, subject to planning permissions

A unique owner occupier/ investor development opportunity in Hackney Wick comprising a freehold site with full planning permission for a new 23,034 sqft NIA B1 office building.

The site is less than a 1 minute walk from Hackney Wick Station providing services into Stratford within 5 minutes. Stratford will soon benefit from Crossrail (Elizabeth Line) which will provide services into Liverpool Street within 7 minutes, Canary Wharf in 8 minutes, Tottenham Court Road in 13 minutes and Heathrow T2 & 3 in 43 minutes).

The site extends to approximately 598 sqm (0.147 acres) and currently comprises a number of single storey commercial units.

Full planning permission was granted for the demolition of the existing buildings and redevelopment of the site to provide a 5 storey (inc. basement) B1 office building extending to 23,034 sqft NIA (28,309 sqft GIA).

The most recently drafted S106 defines the affordable workspace as: ‘5% of the Workspace (to be no less than 131.5 square metres of Gross Internal Floor space) to be provided as part of the Development at (unless otherwise agreed with the LPA) ground floor or above, which will (unless otherwise agreed with the LPA) be offered to future occupiers at up to £16 per square foot (Indexed) including Service Charge for a period of 5 years from the first Occupation of the Development’ Thereafter the space can be let at full market rent’.

The scheme will provide a communal garden at roof level and provisions for 30 cycle spaces.

The site also lends itself to a residential scheme and was outlined as Phase 1 within the LLDC’s Hackney Wick Masterplan which identifies the ground floor use as B1 with upper floor use as either B1 or C3.

A residential led scheme (subject to the necessary planning consents) would work within the same massing as the granted office planning consent. Architects indicative plans can be made available upon request.

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

The site is available freehold with vacant possession.

3.2 ACRE MAJOR REDEVELOPMENT OPPORTUNITY OPPOSITE DEVONPORT DOCKYARD

• Site suitable for various uses (STPP)

• Unconditional and conditional deals considered

• Existing GIA of 11,397 sq m (122,682 sq ft)

• Site area of 1.29 hectares (3.2 acres)

FOR SALE
UNIT 15, CONNECT BUSINESS VILLAGE, DERBY ROAD, LIVERPOOL

• Long Leasehold
• Modern 2 storey office building
• Approx 311m2 (3,348 Sq Ft)
• Dedicated parking included
• Modern secure business park location
• Adjacent to A565 and Sandhills Railway Station

Freehold Office Building with development potential

First Floor Self Contained Offices & Adjoining Function Suite
Planning Permission for an additional 6 Flats
Prominent Corner Position
Situated in Prominent Corner Position close to Public Car Park
Overall: 399sqm (4,295sqm)


( Agency Pilot Software Ref: 424281 )

* A range of offices from 2 person to 10 person spaces available.
* Situated close to Aylestone Village centre.
* Range of Offices from �295 to �895 vat per month including service charge, excluding Utilities
* A business centre comprising 27 office suites.
* Available freehold - subject to current tenant schedule

An opportunity to purchase the freehold of this modern self contained office. The accommodation is set out at ground and first floor level within a two storey end-terraced office building.

Internally the offices are generally open plan, and benefit from:-

-Modern ground and first floor offices
-Situated in the heart of Maylands Business Centre, Hemel Hempstead
-Underfloor heating
-7 car parking spaces
-Perimeter trunking
-Suspended ceilings
-Category 2 Lighting
-WC on both floors

The unit is let to 4-Ways Heathcare Ltd, who are healthcare providers and also occupy the adjacent unit, number 6. The property is held by way of a 5 year term from 21st February 2018 expiring on 20th February 2022. The lease is external to the provisions of the 1954 Landlord and Tenant Act at the end of the term the present occupant is not automatically eligible for a new lease and the property could then be sold if required on a full vacant possession basis.

Marchmont Gate is a development of small office buildings ideally situated on a prominent corner site at the junction of Boundary Way and Maxted Road in the heart of Maylands Business Centre, Hemel Hempstead.

Hemel Hempstead itself lies approximately 25 miles north west of Central London, adjacent to Junction 8 of the M1 motorway and approximately 3 miles north of its junction with the M25 (Junction21).

In addition Hemel Hempstead benefits from its own mainline railway station, which offers a fast and efficient rail service to London Euston with a fastest journey time of approximately 30 minutes.

Occupying a site of just over an acre, the sale of the Portland Square properties, one of Carlisle's finest collection of Victorian buildings, presents a unique opportunity to redevelop a historic site within a sought after residential location.

The site currently comprises of three blocks of properties (16 buildings in total) arranged around the green space provided by Portland Square. Detailed Planning Consent (16/0359)is in place for conversion to 22 residential dwellings.

50 Queens Road, Reading RG1 4HU 50 Queens Road is a three storey office building which forms part of a Grade II listed Georgian terrace. The building is offered to the market on a freehold basis and with the benefit of vacant possession.



(From Caldes Software. Property Ref: N411. Nov 15 2018 3:21PM)

The site comprises two irregular shaped parcels divided by the A425 Leamington Road with the total area equating to approximately 75.11 acres (30.4 hectares).
Lot 1 edged red and Lot 2 edged blue.
Lot 1 rises from south to north and extends to approximately 31.37 acres (12.69 hectares).
Leamington Road delineates the southern boundary with further agricultural land adjoining the boundary to the north.
The Holy Well scheduled monument is also located further to the north.
Existing residential dwellings off Hartley Gardens define the lower part of the eastern boundary with park land of Stoneythorpe Hall lying to the west of the site.
Lot 2 is slightly sloping east to west and comprises arable land extending to approximately 43.74 acres (17.7 ha).
The site is bounded by mature hedgerows and sits adjoining the industrial estate to the east.
The site accommodates a Dutch barn which is located centrally along the road frontage and adjoining a cottage in separate ownership.
A power line crosses both sites in a north-south direction.
Please note that the proposed HS2 route cuts across the south western corner of this parcel.

New Winnings Court comprises 6 high quality office buildings situated to the front of the successful Denby Business Park. Buildings are now available for immediate occupation. Floor plans are available on request.
( Agency Pilot Software Ref: 7405 )

New Winnings Court comprises 6 high quality office buildings situated to the front of the successful Denby Business Park. Buildings are now available for immediate occupation. Floor plans are available on request.
( Agency Pilot Software Ref: 7404 )

New Winnings Court comprises 6 high quality office buildings situated to the front of the successful Denby Business Park. Buildings are now available for immediate occupation. Floor plans are available on request.
( Agency Pilot Software Ref: 7403 )

New Winnings Court comprises 6 high quality office buildings situated to the front of the successful Denby Business Park. Buildings are now available for immediate occupation. Floor plans are available on request.
( Agency Pilot Software Ref: 7402 )

New Winnings Court comprises 6 high quality new office buildings situated to the front of the successful Denby Hall Business Park. Buildings are now available for immediate occupation.

Floor plans available on request.
( Agency Pilot Software Ref: 7401 )

PRESTIGIOUS OFFICE INVESTMENT OPPORTUNITY

( Agency Pilot Software Ref: 2353 )

The premises comprise a 1980's two storey brick built business unit under a tiled roof with goods loading to the ground floor. The building is currently arranged to provide a variety of open plan and partitioned offices over two floors. Heating/cooling is provided by an LG air conditioning system and private car parking is included adjacent to the property.
( Agency Pilot Software Ref: 37909 )

Rarely Available Opportunity
Dual Access
Let to Ladbrokes Betting & Gaming Ltd
Expiry 27th August 2030
Current Passing Rent £32,000p.a.x
Price on Application

Location

The subjects are situated on the East side of Main Street North of its junction with Bellshill Road and South of its junction with Spindlehowe Road on the South bound road through Uddingston town centre. The subjects benefit from secondary access to the rear via Old Mill Road car park with a single storey extension. Uddingston is an affluent town within South Lanarkshire with excellent transport links via junctions 4 & 5 from the M74 motorway. The town is most famous for the home of the Tunnocks factory with catchment areas including Hamilton, Bothwell, Birkenshaw & Bellshill. Neighbouring occupiers include the Tunnocks Factory, Greggs, Boots Pharmacy & Coral Bookmakers.

Subjects

The subjects comprise a ground floor retail unit with rear extension within a larger 4 storey traditional sandstone tenement surmounted by a pitched roof overlaid in slate. The subjects benefit from prominent double frontage with twin aluminium framed glazed display windows flanking a single recessed entrance, The subjects also offer rear entrance via the Old Mill Road car park via a single storey self contained extension with single display window secured by aluminium roller shutter.

Internally the subjects have been decorated in accordance with Ladbrokes corporate requirements with floors being overlaid with laminated timber and commercial carpet, lighting is provided by way of led & halogen spots recessed within the suspended acoustic tile ceiling along with the heating & cooling from recessed ceiling air conditioning.

The subjects have been partitioned to form staff tea prep and w.c. facilities and office along with customer disabled w.c. accessible via electric lift to the upper level, male and female W.C. facilities.

Area

The subjects have been measured on a Net Internal Area basis to extend to the following floor area;

Ground: 171.66sqm (1,850sq ft)

Investment

The subjects are let on a full repairing and insuring lease on the following terms;

Tenant: Ladbrokes Betting & Gaming Ltd
Term: 28/3/2011 - 27/8/2030
Tenant Break: 27/08/2025
Rent Reviews: 28/8/2020 & 28/8/2025
Passing Rent: £32,000p.a.x

Proposal

Our client is offering their freehold interest in the subjects, price is available on application.
Copies of lease documentation available on request.

E.P.C.

A copy of the E.P.C. is available on request

V.A.T.

The subjects have been elected for V.A.T. The transaction may be treated as a T.o.G.C.

Legal

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

Location

Lonsdale Gate is well situated in the affluent town of Tunbridge Wells just a few minutes drive from the A26 Mount Pleasant Road. The premises are adjacent to Tunbridge Wells mainline railway station which provides a regular service into central London (London Bridge - 46 mins, London Waterloo - 51 mins). Lonsdale Gardens is a private road which contains a mixture of offices and residential properties. On street parking is available for the use of the occupiers and is regulated via a private security company. Just a few minutes walk are numerous town centre amenities including shops, leisure facilities, and restaurants, with the main town centre and Pantlies www.thepantiles.com being only 10 minutes walk away.

Additional Details

Description

The property comprises an office building arranged over ground and three upper floors with 38 car parking spaces to the rear of the property.  We understand that the building was constructed in the late 1980's and is of concrete frame construction with brick elevations under a pitched tiled roof. 

Amenities Suspended ceilings with category 2 lighting Raised access floors Gas fired central heating 6 person passenger lift Tenure and Tenancy

The building and site are held freehold under title K672423.

The occupational lease has recently been surrendered and a new lease granted on the following terms:

New lease dated 10 September 2018 expiring 31st December 2019. Tenant - Thompson Snell & Passmore LLP www.ts-p.co.uk.  There is a tenant only option to determine the lease from the 25th June 2019 on 1 month prior written notice (further information from the agent). The current passing rent is £140,220 per annum, exclusive (£14.60 per sq ft) rising to £216,000 per annum, exclusive (£22.50 per sq ft) from 25th March 2019.  There is excellent scope for further significant reversion in the office rent. Indeed, rents in the town have now reached the late £20's with very limited new or refurbished stock coming to the market for the foreseeable future. Fully repairing, subject to a Schedule of Condition (the tenant will not be expected to hand back the premises in any better repair and condition than documented within the schedule). The new lease is held outside of the security of tenure and compensation provisions of the 1954 Landlord & Tenant Act. Potential Residential Redevelopment

The exisiting office building has been granted Notification for Prior Approval for a Proposed Change of use from Office Use (Class B1(a)) to Dwellinghouse (Class C3) to create 15 flats. Reference 17/03739/PNOCLA. Full information can be found on the Tunbridge Wells Borough Council website.

Furthermore, the vendor has had a successful pre-application  meeting with the planning authority for the creation of 9 x high quality residential units over 5 floors in a contemporary style.  Please see design principles and artist's impressions provided by Re-Format Architects (Rex Milton/Dan Brunt - 01730 778778).  Positive feedback was received from the council, which is set out in a pre-application statement dated 18th July 2018 ref 18/01970/PAMETT (available on request).

Accommodation

The office building provides the followign approximate floor areas:

|  Floor  |  Sq ft  |  Sq m |
|  Reception  |  160  |  14.86 |
|  Ground floor office  |  2,277  |  211.54 |
|  First floor office  |  3,046  |  282.98 |
|  Second floor office  |  3,046  |  282.98 |
|  Third floor office  |  3,046  |  282.98 |
|  Total  |  9,600  |  891.86 |

The above floor areas have been measured on an NIA basis.

Note: Gross measurements and CAD plans are available on request.

Terms

Offers sought in excess of £4.20 million for the freehold interest subject to income of £140,220 pax rising to £216,000 pax from March 2019. A purchase at this level represents a capital value of £313 per sq ft net for the building and £5.71m per acre for the rear development site.

VAT

The property is elected for VAT and will be applicable to the purchase.

Conservation Area

The site lies within the Tunbridge Wells Conservation area and also falls within the Royal Tunbridge Wells & Southborough local character area which is described as urban.

Further Information

Further information including plans (PDF and CAD), title information, pre-application information etc. can be downloaded from the data room. Access on request. 

 

The property provides two floors of office accommodation, mainly open plan with a number of cellular offices. There is also a large meeting room on the second floor, a comms room and stores.
The offices themselves are air conditioned with WC’s on each floor and a kitchenette. There is a large car park for a minimum of 14 cars within the 0.17 acre site area.

Alchemy House provides a rare opportunity to acquire a freehold office building which would be of interest to owner occupiers, investors, and those looking to convert the property to residential under permitted development.
There is further scope for redevelopment or extensions of the site subject to planning.
Vacant possession will be granted following completion of legal formalities.