Offices for sale

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

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

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

Prestigious Office Headquarters
Hampshire International Business Park, Basingstoke RG24 8EP
For Sale or To Let

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.

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.

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

LOCATION

Stevenage is the major commercial centre in North Hertfordshire located between Junctions 7 and 8 of the A1(M) approximately 34 miles north of Central London.

This is a well planned progressive modern commercial centre with a strong high tech/aerospace presence and incorporates many headquarters office buildings with multi national companies including Glaxo SmithKline, MBDA, Fujitsu, Airbus, and IET.

Stevenage station provides a fast service to London Kings Cross (minimum travel time 19 minutes). Luton and Stansted airports are conveniently close.

DESCRIPTION

A very smart and stylish modern end of terraced brick built two storey office building in the prime business park location in Stevenage close to Junction 7 of the A1(M).

The vacant accommodation comprises the entire first floor which offers excellent flexible space with good natural lighting.

Features include:

• Air conditioning
• Full access raised floors
• Three partitioned offices
• Kitchen facility

The ground floor is let to Disabled Enabled Ltd at a rent of £21,500 p.a. exclusive. Full details are available on request.

APPROX. (NET INTERNAL) FLOOR AREAS

Ground Floor 1,525 sq ft
First Floor 1,530 sq ft
Total 3,055 sq ft

CAR PARKING

There are 5 parking spaces allocated with the ground floor and 6 spaces with the first floor.

RATEABLE VALUE

According to the Valuation Office Agency website (www.voa.gov.uk). Both floors have a Rateable Value of £19,000. The amount payable by the respective occupier is derived by the national multiplier of 49.3% for 2018/19.

ENERGY PERFORMANCE CERTIFICATE

Category C (67)

TERMS

Available for sale freehold with the benefit of the income from the ground floor.

Price £575,000 plus VAT.

There is a service charge for shared building and estate costs.

AVAILABILITY

On completion of legal formalities.

INSPECTION

For further information please contact Mike Davies or Daniel Hiller of 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.

MASDAR House, 1-3 Reading Road, Reading RG27 0RP Vacant office freehold for sale. The premises comprises 3 storey detached office with parking for 24 cars. Potential for alternative uses. Low capital value of GBP 172 per sq ft.



(From Caldes Software. Property Ref: N403. Aug 17 2018 2:52PM)

The premises comprise of a mixture of open plan and partitioned offices with air conditioning to some rooms. There are WC facilities on each floor and parking to the front and side of the building.

The premises front the main A22 (Eastbourne to London Road) at Lower Dicker close to the Bowship roundabout and Bowship Lions Hotel. There is a Premier Inn close by as well as a Shell fuel filling station.

The premises comprise a former injection mounding factory with separate office block to the front of the site plus a series of outbuildings standing in a plot of 2.58 acres.

Main factory (rear) 884 sq m (9522 sq ft), 2 roller shutter doors, excellent eaves height

Office block (front) over 2 floors overall; 578.4 sq m (6192 sq ft)

Various outbuildings not inspected/measured

Plot size 2.58 acres

Freehold available. Possible redevelopment opportunity subject to obtaining any necessary consents.

To be sold on an unconditional basis only

Prestige House is located on the established Hampton Lovett Trading Estate which lies approximately 1 mile north of Droitwich Town Centre, accessed off the A442. The M5 motorway, junction 5, is readily accessible via the A38.

It is prominently located near to the main entrance to the estate, at the junction of Wassage Way and De-Salis Drive.

The two storey office building provides good quality office accommodation throughout.

WC's are located on each floor and a fully fitted kitchen is located on the ground floor.

A security alarm is fitted and the windows benefit from security shutters.

Ground Floor 1254 sq ft (117 sq m)
First Floor 963 sq ft (89 sq m)
Total 2217 sq ft (963 sq m)

To the rear of the building there is a self contained car park with 9 spaces.
( Agency Pilot Software Ref: 103573 )

The property is located on Birmingham Road (A41), a main arterial road into Birmingham city centre and the property lies adjacent to West Bromwich High Street.

Sandwell Valley School, Sanctuary Housing Association - Midlands and Accord are some of the occupiers adjacent to the property. The surrounding area is a mix of residential and commercial.

The property lies approximately within 2 miles of The Hawthorns train station, Smethwick Galton Bridge and Sandwell & Dudley station. Junction 1 of the M5 is very close.

The centre of West Bromwich is approximately 1 mile to the north east and Birmingham city centre lies approximately 5.5 miles to the south east.

Mary Spooner House is a Grade II listed building, built in the early to mid 19th Century, comprising Stuccoed brick elevations under a pitched slate roof.

The building has been extended on the ground floor with a masonry brick built structure under an artificial slate roof. A second extension is on the eastern side of the property, incorporating a two storey flat roof extension.

The property benefits from a reception, kitchen, meeting room, WC facilities and cellular office space.

Heating is by a conventional gas system and lighting by surface mounted fluorescent fittings.

Externally there is on site parking for approximately 20 cars.
( Agency Pilot Software Ref: 103575 )

The first floor Office Suite is self-contained and comprises the entirety of the first floor of a converted former Barn which has been finished to a high standard by our landlord client in recent years. The specification of the space includes LED lighting, electric heating and wall-mounted electric air conditioning units together with designated WC facilities and a Kitchenette. Allocated car parking is also provided within the fenced and gated car park to the frontage of the Office accommodation accessed off Longhedge Lane.

The Industrial Unit / Workshop is of steel portal framed construction with profiled cladding to the external elevations and roof coverings which is accessed via an electric roller shutter door leading to a concrete loading apron and further large shared Yard area as the property forms part of a series of Workshops in the ownership of our landlord client. The eaves height is approximately 3.45m (11' 4").
( Agency Pilot Software Ref: 423753 )

A very well-presented training and events centre, and hospitality venue off Friar Gate, within the Cathedral Quarter district of the City of Derby, planned over two floors providing 1,422 sq. ft./132.1-sqm. Suitable for a variety of uses, subject to obtaining the necessary planning consent. For sale, Freehold.

RETAIL INVESTMENT AND RESIDENTIAL DEVELOPMENT OPPORTUNITY

Investment Summary

- Located in the heart of the historic spa town of Malvern.
- Ground floor retail unit let to Shaw Trust Limited on a 10 year lease from 24th June 2012 at a rent of £15,000 p.a.
- Separately accessed vacant office space with full planning permission to convert to a two-bedroom apartment.
- Shaw Trust Limited is a substantial covenant with pre tax profits of £38 million and net assets of £114 million Y/E 31/03/2017.
- Freehold.
- We are seeking offers in the region of £295,000 (Two Hundred and Ninety Five Thousand Pounds) for the freehold interest, subject to contract.

The property comprises a three storey end of terrace, providing a retail unit over ground floor and self contained offices to 1st and 2nd floors accessed independently to the rear.

The office accommodation comprises a reception office, storage, open plan office, kitchenette and two further offices over ground, first and second floors.

Planning:
Ground Floor Retail: A1 ; Offices: B1
App No: 18/00391/FUL - Permission granted for the development of vacant office space to 2 bedroom apartment. Further plans are available upon request.

( Agency Pilot Software Ref: 2040326 )

An attractive rural business development, located between Barton-le-Clay and Silsoe, comprising of 5 tenanted barns plus two awaiting completion with a further two consented barns to be developed.
The estate is located off Sand Lane, Barton Road within close proximity to the A6 junction. Flitwick is approx 3.5 miles to the west and Luton is 4.6 miles to the south whilst J12 of the M1 is 6 miles and J11a, 7.7 miles.
( Agency Pilot Software Ref: 10526 )

1,361 sq.ft * For Sale / To Let * Flint Barn / Workshop / Garage * Roof Space Storage * Prominent Roadside Frontage * Easy Access To The A3 and A3(M) * Please call for more details
( Agency Pilot Software Ref: 1331 )

Former Public House, Barn, Large Car Park & Pasture
( Agency Pilot Software Ref: 20009979 )

The property comprises a single storey building of cavity
brick wall construction with a pitched tiled roof. Internally the
space comprises a mix of meeting rooms and offices,
having suspended ceilings, comfort cooling, recessed
category II light boxes and perimeter trunking throughout.
The property benefits from being in a secluded position with
excellent parking.

Offers are invited for the freehold interest in the region of £1,075,000. A purchase at this level would produce a net initial yield of 8.24% (assuming purchaser's costs of 5.82%).
( Agency Pilot Software Ref: 1239 )

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.