Offices for sale

On behalf of the City and Guilds of London Institute Daniel Watney and Savills are delighted to be marketing the long leasehold interest in 1 Giltspur Street, London, EC1. Occupying a prominent position in the heart of Midtown, the building offers 23,805 sq ft of recently refurbished offices arranged over lower ground, ground and four upper floors.

The building is held long leasehold from the City of London for a term of 150 years from 24 June 1991 (approximately 123 years left unexpired) at a head rent equating to 7.5% of rack rental value. Vacant possession will be provided no later than 31st August 2019. Should completion of the transaction occur prior to this date the vendor will remain in occupation on terms to be agreed.

We are instructed to seek offers in excess of £17 million subject to contract and exclusive of VAT, for the long leasehold interest, reflecting a low capital value of £714 per sq ft.

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.

Freehold office building currently comprising approximately 22,364ft2 (GIA) over ground, 1st, 2nd, 3rd and 4th floors

Planning permission granted for a new build development totalling 37,606ft2 (NIA), comprising 32,699ft2 (NIA) of office space and 4,907ft² (NSA) of residential accommodation across 8 units

Located within a vibrant and exciting ‘tech belt’, 400 metres south of Angel Underground Station (proposed for Crossrail 2) with a unique offering of leisure, retail and social opportunities

Offers invited in excess of £13,000,000 which reflects a low capital value of £581 / ft2 on the existing GIA and £345 / ft2 on the consented scheme, subject to contract

Prominent 4-storey building within Milton Keynes town centre extending to approximately 34,832ft2 NIA, positioned on a site of circa 0.35 acres

Comprising 7 retail units at ground floor which are part let to various tenants (producing £110,130 per annum) with 28,466ft2 NIA of vacant office space across the upper floors

Planning permission for the conversion and extension of the building to provide 86 residential units (52 x 1 bed & 34 x 2 bed) totalling 48,457ft2 NSA

Offers are invited in excess of £9,000,000 for the entire freehold interest

Alternatively, offers are invited in excess of £7,500,000 for the freehold interest, subject to the retail units being retained by the Seller on a new 999 year lease

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

PENKETH BUSINESS PARK, LIVERPOOL ROAD, WARRINGTON WA5 2TJ

FULLY REFURBISHED
MULTI-LET INDUSTRIAL ESTATE
WITH EXCELLENT REVERSIONARY POTENTIAL

> A rare opportunity to acquire a fully refurbished multi-let industrial estate investment.

> Located in the North West’s premier industrial location, Warrington, within 1.5 miles of the town Centre with immediate frontage onto the A57 (Liverpool Road) which provides links to Junction 8 of the M62 Motorway.

> 30 units extending to 148,534 sq ft (13,799.15 sq m) with units ranging from 412 sq ft – 44,742 sq ft. Plus 21 storage units and a small parcel of land.

> 98% occupied with a triple net rental income of £559,117 pa.

> Freehold with a site area of 6.46 acres (2.61 hectares), providing a low site coverage of only 41%.

500 Chiswick High Road is located in an excellent, prominent situation in Chiswick town centre. It is 5 minutes’ walk from Chiswick Park Underground Station and 4 minutes’ walk east of the Gunnersbury Overground and Underground stations (District Line). Turnham Green is a short walk from the property providing public outdoor space. Chiswick High Road benefits from a generous retail offering a wide selection of cafes, pubs and restaurants nearby.

Two offices available on the ground floor of this, brand new, luxury residential scheme at 500 Chiswick High Road developed by Redrow. Unit 1 is an open plan office with contemporary exposed services and Unit 2 is a fully fitted office space ready for immediate occupation. These offices provide an opportunity to find an office to rent in Chiswick.

Key Features
• Fully fitted office space
• Mechanical heating/cooling system
• WCs incl. shower facilities
• Premium wood flooring with built in floor box power
• Glazed meeting spaces

Availability

Unit 1

Size: 1,792 ft2
Status: Available
Rent: £42.50 per sq ft


Unit 2

Size: 2127 ft2
Status: Available
Rent: £42.50 per sq ft


Contact information
Name: Alex Thomas
Phone number: 020 8748 1200
Email: athomas@frostmeadowcroft.com

Modern detached warehouse/production unit. Prestigious roadside location. Fitted office area. 4,742 m² (51,046 ft²).

Location
Westmead Industrial Estate is an established and successful employment area, well located within the town. Junction 16 of the M4 is approximately 2 miles to the south. The estate benefits from dual carriageway access via Great Western Way (the A3102).

Unit 3 Pagoda holds a prominent roadside location fronting onto Westmead Drive.

Description

Unit 3 Pagoda is a purpose built detached warehouse/production facility with fitted offices at first floor. The unit is situated in a quality landscaped environment. The building is of steel framed lattice beam construction with brickwork and vertical profiled cladding.

Access to the first floor offices is gained via a ground floor reception. The specification includes gas fired central heating, suspended ceilings with integral lighting, carpets and an 8 person lift.

There is on site parking for 100 cars and a loading/circulation yard to the rear.

Eaves 6.7m to underside of roof beam

Floor loading 750lbs per sq ft

4 loading doors with the opportunity of adapting these into dock level subject to the necessary permission

Gas fired heating

8 person passenger lift

•DEVELOPMENT OPPORTUNITY
•OFFERS OVER £280,000 ARE SOUGHT
•PRIME LOCATION
•LISTED BUILDING
•SUITABLE FOR MULTIPLE USES
•APPROXIMATELY 5382 SQ FT OF ACCOMMODATION
•NO EMPTY RATES COSTS (LISTED BUILDING)

LOCATION

The property is located in the town of Bo’ness which sits on the south bank of the Firth of Forth, 17 miles west of Edinburgh and 6 miles east of Falkirk. This opportunity is situated in an attractive, predominately residential area, less than half a mile to the south of the town centre.

The former children’s care home is situated at the corner of Cadzow Crescent and Cadzow Lane opposite St Catherines Church. This historical town has a wide range of attractions such as the Bo’ness & Kinneil Heritage Railway, Bo’ness Motor Museum, Kinneil Museum and The Hippodrome Cinema. There is a wide range of facilities within the town; more extensive facilities are available in nearby Falkirk and Linlithgow.

DESCRIPTION

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The property was originally built as a Nurses’ Home which was opened on the 12th October 1911 and most recently a Barnardos children’s home.

The majority of the building is built over two floors, of sandstone and slated roof. There is a single storey extension to the rear most of which is of a similar age to the main building. There is also a single storey portable building with toilet (3m x 8.5m) which is included as part of the sale.

Internally the gross internal area is 500sq.m approx. within a site area of 0.155 Hectares. Whilst there have been some adaptations since its original use, little of the layout has changed from the original building. Old layout plans which closely reflect the current layout are available on request.

This substantial property has a high number of rooms reflecting the building’s previous uses. There are approximately fifteen main rooms plus toilets made up of a range of living areas, kitchen areas, office space, bedrooms and toilets. The property benefits from a gas boiler and a good sized garden.

The building would lend itself to conversion to a single substantial home. There is also the possibility to create an additional new build home in a plot to the left of the building, subject to planning.

PLANNING

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The existing use of the building is Class 8 “Residential Institution”. Our client has applied for Change of use to Class 9 “Houses”. The property is C listed. A visual representation of the layout proposed by our client is available in the appendix section of the brochure.

PROPOSAL

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Offers over £280,000 are invited. Offers to purchase the heritable interest must in the first instance be made to the Sole commercial agent.

EPC

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G

CLOSING DATE

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A closing date may be set and all interested parties should make a note of interest at the offices of the Sole Agent. We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.

VAT

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All prices, premiums and rents quoted are exclusive of VAT.

REFURBISHED BUSINESS UNITS WITH GROUND FLOOR WAREHOUSE/STORAGE AND FIRST FLOOR OFFICES - GOOD CAR PARKING PROVISIONS.

Located within a well established premier West London business area, the Courtyard Buildings comprise a mixture of storage/production space on the ground floor with offices on the first floor.

The units benefit from three phase power, gas central heating, electric loading doors, separate pedestrian entrance, estate security, male and female WCs and good car parking provisions.

REFURBISHMENT

Internally, a schedule of works is currently being undertaken to provide shell space on the ground floor and refurbished offices on the first floor. The space is available either as individual units, with units combined, or even as a whole.

Accommodation:
Ground Floor: 15,411.00
First Floor: 17,770.00
Total: 33,181.00

The Courtyard Buildings are located within New Horizons Court on Ryan Drive, in close proximity to the Great West Road (A4) in Brentford. Junction 1 of the M4 motorway is approximately 2.7 miles from the property and provides good access to the M25 motorway and wider motorway network.

The estate is approximately 9.5 miles from Central London and 6.8 miles East of Heathrow Airport. Syon Lane Mainline Station is approximately 0.5 miles away which provides access to London Waterloo in approximately 35 minutes.

LEASEHOLD
A new FRI lease is available for a term to be agreed.

RATES
All applicants are advised to make their own enquiries through the London Borough of Hounslow billing authority.

SERVICE CHARGE
Approximately £0.75 psf.

VAT
VAT is applicable in addition.

LEGAL COSTS
Each party to bear their own legal costs.

VIEWING
Strictly through prior arrangement with joint sole agent Vokins.

PLEASE SEE BROCHURE FOR DETAILS

This modern office building has been fitted out to a high specification with suspended ceilings and raised floor for ease of access to internet & electrical connections. The premises benefit from a kitchen and male, female & disabled toilet facilities located on both floors.

Externally there is car parking for 14 no. spaces allocated to the unit.

Location
The property forms part of an established and popular trading/industrial estate on the eastern side of South Street, close to Jewson Builders Merchant. Romford Train Station providing a service to London (Liverpool Street) in approximately 19 minutes and the Town Centre are less than 1 mile away,. The A12 is less than 2 miles distant.

The property
An end terrace new build unit providing ground floor industrial/warehouse area with loading door, open plan interior and store/wc to the side. The first floor comprises open plan offices, together with kitchen and two toilets.

Externally there is parking for 3/4 cars and loading/office access doors.

• Ground floor eaves approx 3.0m
• 3-phase electricity
• Double glazing
• Office specification:
• Electric wall mounted heating
• Raised floor
• Suspended ceiling with recessed LED lights

Accommodation
Measured in accordance with the RICS Code of Measuring Guide the approximate gross internal floor area is:
Ground floor. 1,687 sq ft 156 sq m
1st floor 1,645 sq ft 152 sq m
Total 3,332 sq ft 308 sq m

Terms
Virtual freehold for sale – 99 years at a peppercorn ground rent.

Figures
Offers in the region of £625,000.

Business rates
In the process of being assessed.

Legal costs
Each party is to be responsible for the payment of their own legal costs.

EPC
An EPC is in the process of being prepared.

Agent’s Note
All figures quoted are exclusive of Vat. No warranty is given in respect of the current planning use. None of the amenities or fixtures and fittings have been tested.

Enquiries/viewing
Please contact sole agents Branch Associates on 01708 860696 / 07775 804842 or email: jb@branchassociates.co.uk

Industrial Property Investment for Sale *Let to one Long Term Tenant*

The property comprises a detached industrial building which offers a rare 50/50 split between offices and warehouse/industrial space. The industrial area has eves height of approximately 18'. To the rear of the premises there are two storey offices, which are air cooled and were refurbished back in 2006. Suspended ceilings with category II inset lighting within the office areas, a fitted conference room, staff kitchen facility and toilets to both floors.

Offers in the Region of £875,000 for the ground lease interest which has approximately 78 years remaining and the ground lease has a peppercorn of £10 per annum. The premises are not elected for VAT.

The property comprises of a two storey end terraced building of solid brick construction with rendered elevations under a pitched slate roof.

The property comprises of a Grade II listed detached building. Internally, the property has been fitted out as a banking hall with a small counter space, interview room and office space to the front of the premises. The accommodation has painted plastered walls, carpet and strip lighting. Storage rooms, staff facilities are located to the rear. The property benefits from gas fired central heating.

- Externally, there is a small rear grassed area but no parking and relies on street parking

Detached office building within short walking distance to the High Street. Ideally suited to a wide range of alternative potential uses, subject to obtaining the necessary consents.

- Retail/Office Building For Sale Freehold
- 191.14 Sq. M. (2,157 Sq. Ft.)
- Available Immediately with Vacant Possession
- Rear Loading/Access via Bull Lane
- Unique Opportunity on Maldon's Historic High Street
- Parking may be Available (Subject to Separate Negotiation)
- Grade II Listed Property
- Suitable for a Variety of Uses (STPP)
- Offers in Excess of £250,000



( Agency Pilot Software Ref: 14868811 )

This corner property is of traditional steel framed construction having cavity masonry walls with lined profile steel sheeting above and to the roof which also incorporates GRP roof lights.

There is a level of glazing to both ground and mezzanine floors to give very good levels of natural light to the interior. Goods access is via a steel roller shutter door and personnel access is available from two frontages.

The accommodation briefly comprises:-

GROUND FLOOR:
11.84m x 12.25m (145.04 sq m) (1561 sq ft)

Comprising full height workshop with half height works / office. All masonry wall surfaces are painted, fluorescent strip lighting is fitted throughout and there is infra-red electric heating in the works area.

Included in the ground floor accommodation is a fitted kitchen and male and female W.C’s each fully tiled with low level wc and wash hand basin.

MEZZANINE:
11.95m (max) x 11.95m (max) = 135.61 sq m (1460 sq ft)

Laid out as open plan office accommodation having the benefit of double glazed UPVC windows, suspended ceiling with recessed lighting, fitted window blinds and fitted carpet. A Mitsubishi air conditioning unit is fitted.

TOTAL FLOOR AREA:

Ground Floor 145.04 sq m (1561 sq ft)
Mezzanine 135.61 sq m (1460 sq ft)
TOTAL: 280.65 sq m (3021 sq ft)

The property comprises a two-storey period office building fronting the High Street with purpose-built two-storey office extensions. A large car park is to the rear. Currently run as a partially managed business centre, it has impressive occupancy rates and the potential to improve rental income.

The overall net internal floor area is 308.07 m2 (3316 ft2) plus reception area, circulation space and WC and kitchen facilities. Floor areas provided by our clients.

PLANNING

The building would suit alternative uses, including residential in whole or part, subject to planning. Permitted Development was confirmed on 23/12/16 for residential.

TENANCIES

The property is let on a number of excluded tenancies to various office tenants, with a current income of circa £68,000 p.a. with two suites vacant. Details on request. No lease is for longer than 2 years.

TERMS

Guide Price £1 million for the freehold interest in the building with the benefit of the tenancies.




( Agency Pilot Software Ref: 164 )

40 Springwood Drive comprises a prominent, modern two storey B1/Office unit arranged to provide ground floor workspace/workshop with 3 m / 9ft 8 ins height (which could be fitted as offices) and first floor offices - arranged as open plan with private meeting rooms. There are WC's and kitchenettes at ground and first floor. Externally there are 14 parking spaces.
( Agency Pilot Software Ref: 8904067 )

Glenmore Business Park is a prime 10.34 acre site just outside Chichester. It is adjacent to the A27 with good links to Brighton, Worthing, Portsmouth and Southampton. A selection of smaller business units with a B1(c), B2 and B8 planning consent are available on a leasehold and freehold basis. These last 4 units are each 2,024 sq ft. More than 80% SOLD OR LET.



(From Caldes Software. Property Ref: N10417. Dec 18 2018 5:11PM)

Glenmore Business Park is a prime 10.34 acre site just outside Chichester. It is adjacent to the A27 with good links to Brighton, Worthing, Portsmouth and Southampton. A selection of smaller business units with a B1(c), B2 and B8 planning consent are available on a freehold or leasehold basis. Over 80% SOLD OR LET



(From Caldes Software. Property Ref: N10419. Dec 18 2018 3:53PM)

The subject property comprises a Grade II Listed two storey end of terrace unit of painted rendered solid stone / brick elevations with timber framed windows under apitched slate roof. The property benefits from several parking spaces to the rear.

City Centre Office Suites located within Glasgow City Centre

Ranging from 433 ft² to 1,196 ft² (40m² to 111m²) the offices provide light spacious accommodation that can be combined to accommodate larger space requirements