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

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

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.

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

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

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 )

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.

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 )