Offices for sale

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

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.

FOR SALE
Investment / Owner Occupier / Development Opportunity

Units 8 & 9 Lismirrane Industrial Park, Elstree Road, Elstree, Hertfordshire WD6 3EA

Well located near to other office/industrial estates with good access to the M1, M25, A1 & A41.

• 2.07 Acre Site
• GIA 45,384 Sq Ft
• Currently used as offices & warehousing
• Approx. 140 car parking spaces on site
• Let to a single tenant until May 2019
• PRICE ON APPLICATION

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

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.

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.

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 )

See Details. Price on Application.

See Details.

Investment Sale with Asset Management Potential - The subjects form a traditional granite building, which appears to date from late 19th century, comprising an architecturally attractive three storey property with a pitched slated roof incorporating dormer windows. There is a long established retail unit on the ground floor and refurbished modern offices on the upper floors. The entrance for the offices is on the east side of the main frontage leading to a well presented hallway and stairs to all floors.

The property comprises 10,777 sq ft (1,001.2 sq m) on a 0.5-acre (0.20 hectares) site. The premises comprise a car showroom with workshop and car valeting building. Very prominent position on Penarth Road at the heart of Cardiff's 'Motor Alley'.

Let on a 25 year FRI lease from October 1996 (3.2 years unexpired) at a rent of £112,500 p.a.

Let to Ron Skinner & Sons, Wales' Premier Car Supermarket (D&B Rating 2A3), on assignment from Rybrook Holdings Ltd (D&B 4A1 Rating).

4 storey,Grade II listed, former court building located in Sheffield Town Centre, adjacent to the cathedral. The building presents a freehold opportunity suitable for a variety of alternative users (STP).

- Freehold Building
- Prominent Building
- Archhitectural Heritage
- Refurbishment Opportunity (STP)

The site of the former Aspen House is located on the corner of
Regent Street with Temple Street adjoining Grenville Street short
stay car park and within Swindon’s core town centre and part of
Forward Swindon’s Delivery Plan for town centre investment and
growth and to take advantage of Swindon’s wider opportunities.
Swindon is one of the most innovative places to live in the
UK having the 10th most productive economy. Swindon
is also one of the UK’s fastest growing towns with a
growing population of 222,000 with some 1,500 new
homes planned each year until 2026 and with one of the
best house price to earnings ratio of 6.4% in the UK.
Swindon benefits from excellent road and rail links, being on
the M4 corridor and main rail network resulting in some 1.9
million people being within a 1 hour travel time of the town.

The site has a developable site area of some 0.49 ha
(1.21 acres) gross, as shown edged in red on the attached
OS plan extract. Aspen House has been demolished and the
site is cleared and currently vacant, and predominantly flat
with a gentle slope from its highest point in the south east
adjoining Temple Street and presents a substantial mixed
use predominantly residential development opportunity
in Swindon’s core town centre. Further information on
the site will be provided within the Development Brief.

The site is allocated in the Swindon Town Centre
Masterplan and Delivery Plan as a development site to
enhance the town centre connecting Regent Street with
Commercial Street and to complement the existing uses
and improve the town centre as a quality place to live
and work.

The site is being offering for sale for a mixed predominantly
residential scheme and outline planning has been received
for up to 118 units of 1 and 2 bed apartments within a
multi storey structure up to 13 stories, together with a wide
range of commercial uses on the ground floor, subject to a
Section 106 Agreement and details of the outline planning
application can be accessed here. The outline application
is illustrative and not prescriptive in design or uses.
The Council is also happy to consider alternative commercially
led schemes that are compatible with a high profile town
centre location. In accordance with the Swindon Borough
Local Plan Policy EC3, such alternative schemes could
comprise Hotel, Leisure or Office led developments.

The site is held freehold by Swindon Borough Council and
the Council intend to retain the freehold interest and are
offering a 250 year ground lease, either at a peppercorn
or geared ground rent, subject to agreement.
Swindon Borough Council will also consider alternative
innovative methods of disposal whereby the Council may enter
into a forward commitment to purchase part or the whole of the
completed development, depending upon the proposed uses
and procurement procedure, subject to detailed proposals.

The sale will be carried out by informal tender and a
development brief will be issued to the interested parties and
following selection of a preferred developer, it is intended
that the development will be governed by an Agreement to
Lease which will form part of the Council’s Standard Building
Agreement, which will be provided within the Development Brief.

Rare opportunity to acquire three storey retail premises located just off the High Street of this picturesque rural market town providing sales accommodation on ground and first floors together with offices and storage rooms. Externally to the rear is walled small courtyard with seating area. The property is Grade II Listed and incorporates a gas fired central heating system with combi boiler. The shop front has an internal manually operated roller shutter. Early viewing strongly recommended.

Detached office accommodation with car parking, close to Nottingham City Centre
• 236.24 sq m (2,544 sq ft) with nine car parking spaces
• Fully let at £22,500 per annum
• Offers invited in excess of £220,000 which reflects an attractive net initial yield of 10.00%
• Situated a short walk from the Forest Park & Ride NET tram stop and a number of other public transport links

Location:
The property is located on First Avenue which is approximately 1 mile north of Nottingham city centre and is accessed off Sherwood Rise which links to Mansfield Road.

First Avenue itself is a mixed commercial and residential area.

The property is situated within walking distance of the Forest Park and Ride NET tram stop and other public transport links.

Description:
The property comprises a detached office building which has been extended to provide offices over ground, first and second floor.

Internally, the property is fully fitted as offices and has been upgraded over the years to provide a varying degree of office specification to include a mix of individual offices, kitchen facilities, reception lobby and WC’s.

Externally, the property benefits from a secured private car park to the rear with space for up to nine vehicles and more if double banked.

Accommodation:
Ground Floor:- 95.67 sq m (1,030 sq ft)
First Floor:- 101.31 sq m (1,091 sq ft)
Second Floor:- 39.26 sq m ( 423 sq ft)
TOTAL - 236.24 sq m (2,544 sq ft)

Planning:
B1 (Offices). Suitable for alternative uses to include residential, subject to planning.

Tenancy Details:
The property is let to Home-Start Nottingham (Registered Charity No. 1097005) and Equation Nottinghamshire (Registered Charity No. 1140240) under two internal repairing and insuring leases expiring 31 August 2020.

The passing rent is £22,500 per annum which is split equally between the two tenants.

Under the terms of the leases, each tenant could serve a break notice at any time, subject to 6 months written notice being served.

A plan of the shared occupancy of the building can be supplied upon request.

Price:
Offers are invited, subject to the occupational tenancies, in excess of:-
£220,000
which equates to a net initial yield of 10.00% when allowing for purchaser’s costs.

Rates:
Rateable Value £14,000
Rates Payable 2018/19 £6,720

VAT:
The position in relation to VAT is to be confirmed.

EPC:
E – 101

Viewings:-
Please contact the offices of heb for viewing requests and please do not visit the property without making an appointment.

Quality Offices to let / for sale

Situated within the parade, the property provides ground floor showroom premises with office, kitchen and WC facility.

Above the showroom is a large mezzanine store which could be separately accessed from the showroom and further developed.

To the rear of the property is a good sized workshop and store benefitting from a rear roller shutter door and an internal access from the showroom.

Accessed from the side of the property is a first floor flat comprising lobby, combined kitchen and sitting room, shower bathroom and two bedrooms which is currently vacant but historically has been let at £550 p.cm.

The property benefits from covered car parking provision in front of the showroom.

Business Accommodation
The business premises have the following approximate floor areas:-

Showroom and Office 118.63 sq m
(1,277 sq ft)
Kitchen and WC 13.09 sq m
(141 sq ft)
Rear Workshop 73.57 sq m
(792 sq ft)
Mezzanine Store 128.95 sq m
(1,388 sq ft)

To Let - Town Centre Office - Freehold may be available
( Agency Pilot Software Ref: 201445 )

Excellent Open Plan Office with Boardroom
Full Vacant Possession
2 Designated Car Parking Spaces
Excellent Local Transport Infrastructure
Suit Owner Occupier / Investor

Location:
Unit 8 Histon House is a modern self-contained office which is located within the mixed-use Magic Centre, a development in the centre of Cornelscourt Village which is conveniently located adjacent to the N11 and only minutes from the Carrickmines M50 interchange.

Description:
The subject property is a First Floor self-contained open-plan office of approximately 850 sq ft. The accommodation briefly comprises reception hallway leading to the office area, boardroom, kitchenette and communications room.

Finished to a high standard, the property comes to the market furnished including desks, chairs, carpets and blinds and CAT-V cabling runs throughout. Primary access to the property is via a stairs from ground level which leads to a common foyer area with ladies and gents toilets and access to the next level.

Included in the sale are two dedicated parking spaces which are accessed from the side of the building.

This property is being offered with the benefit of vacant possession and will be of particular interest to owner-occupiers seeking a modern self-contained office in this desirable area.


( Agency Pilot Software Ref: 2040314 )

• FORMER POLICE STATION BUILDINGS WITH ON-SITE CAR PARK• RESIDENTIAL/OFFICE DEVELOPMENT OPPORTUNITY, SUBJECT TO PLANNING• LOCATED IN THE HEART OF WEST LOTHIAN• ON-SITE CAR PARKING• IN CLOSE PROXIMITY TO M8 MOTORWAY

LOCATION & DESCRIPTION
Hythe is a busy ‘Waitrose’ town on Southampton’s west side, facing Southampton Water and
connected to the City via the Hythe Ferry. It is on the edge of the New Forest and other retailers in the
town include Boots, Superdrug, Hays Travel, Costa Coffee, Martins, Thomas Cook & Post Office. The
current tenants Scrivens have succeeded there to the extent that they are now moving to larger
premises in the Town Centre.
A historic building of mainly brick elevations, in a very prominent trading position, it comprises a self
contained ground floor lock up shop in good internal condition, offered with vacant possession.
Separate entrances lead to the four flats in the building that have been sold off on long leases as
detailed below.
ACCOMMODATION
Ground floor retail unit –
Internal width - 24’ 8”
Shop depth - 30’ 3”
Total Net Area 552 sq ft
Kitchen 44 sq ft
WC
Rear access.
Currently arranged as a main shop area and two consulting rooms.
A3 restaurant or A5 takeaway use will not be permitted.
TERMS
Available to let on a new lease of 10 years or so, with a 5 year rent review, at a rent of £15950 pa
exclusive of rates, service charge and insurance. The shop contributes 20% towards the service charge
of the whole and the current year is set at £900 per unit (the four flats each also contributing 20%).
Alternatively the entire building is for sale freehold. The four flats, known as 54 Pylewell Road, 54A
Pylewell Road, 2 Meadow Flats, New Road, 4 Meadow Flats, New Road, have been sold off on ground
leases, each of 125 years from 2008/2009, at rents of £125 pa per flat doubling every 25 years.
PRICE
£220,000 freehold with vacant possession of the shop, subject to the subsisting leases of the flats.
EPC: Under preparation.
RATES RV £9600

A detached Office building in this popular village.
The front part of the property is listed, whilst the rear is a modern extension.
The accommodation is mostly on 2 storeys, although there is a small 2nd floor element to the front as well as a useful Cellar.
The newer part also offers possibilities for a roof extension.
The listed building measures approx. 1798 sq.ft. plus the Basement of approx. 143 sq.ft.
The rear section is approx. 1586 sq.ft.
There is gas-fired central heating to the building.
The property is attractively laid out in a U-shape with a landscaped Courtyard in the centre.
There is also the benefit of 13 car spaces to the rear.
The property offers an excellent opportunity for an owner-occupier or for a potential alternative uses.
It is ideally situated in the centre of the village, with access off one of the main roads.
The FREEHOLD is available
GUIDE PRICE: £700,000

Located in Dorchester town centre.
Currently used as an office.
Potential for change of use STPP
LOCATION

58 Icen Way is located on the eastern side of Dorchester town centre. Dorchester is the county town of Dorset and has a population of approx. 20,000.

Other occupiers on Icen Way include The Dinosaur Museum, La Taverna and Kitchen Style.

Parking is available at Durngate Street car park which is approx. 1 minute walk away.

DESCRIPTION

The property is constructed over two storeys with brick elevations under a slate roof with two dormer windows.

Internally the property is currently used as office accommodation with a large meeting room on the first floor. The property is carpeted throughout, with strip lighting. There is a kitchen and WC on the ground floor and a WC on the first floor.

The windows are mainly uPVC double glazing, with a large skylight in the roof of the larger of the two upper floor rooms.

ACCOMMODATION
(Net Internal Area)

Ground Floor 46.5 sq. m / 500 sq. ft.
First Floor 49.2 sq. m / 530 sq. ft. .
Total Area 95.7 sq. m / 1,020 sq. ft.

TENURE

The property is offered freehold.

PLANNING

The current owner is in the process of submitting a planning application for change of use to residential.

PRICE

Guide Price - £180,000

FINANCE ACT 1989

VAT is not payable on the sale price.

ENERGY PERFORMANCE CERTIFICATE

An EPC will be available shortly.

RATEABLE VALUE (VOA Listing 2017)

Description Office & premises
Rateable Value £6,800