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.
1, Giltspur Street, London, EC1A 9DD
1 Giltspur Street, EC1A 9DDGBLondonGreater LondonEC1A 9DD1, Giltspur Street
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
Size: 1,792 ft2 Status: Available Rent: £42.50 per sq ft
Size: 2127 ft2 Status: Available Rent: £42.50 per sq ft
Contact information Name: Alex Thomas Phone number: 020 8748 1200 Email: firstname.lastname@example.org
Brand new offices to let in Chiswick, W4
Type: Offices, Office
500 Chiswick High Road, London, W4 5RGGBLondonGreater LondonW4 5RG500, Chiswick High Road
Three storey property to purchase in good a location in Ryde, close to town, esplanade and beaches. LOCATION Situated in Ryde this property is within a mix of residential and commercial properties. Ryde is the largest town by population on the Island and offers links to Portsmouth via the Fastcat and Hovercraft.
The property is situated within easy walking distance of the Esplanade with the Hovercraft, train and bus stations giving easy transport links.
DESCRIPTION This Grade II listed property is currently being utilised as 6 separate offices (with separate lower ground floor flat) but could be converted into one large house with 7 bedrooms and an additional lower ground floor apartment or alternatively into 5 separate apartments subject to all the necessary consents.
LOWER GROUND FLOOR APARTMENT
Lounge/Diner 16' 0" x 13' 10" (4.89m x 4.22m) Kitchen 11' 8" x 7' 7" (3.57m x 2.32m)
Bedroom 1 14' 8" max x 14' 3" (4.49m max x 4.35m) Bedroom 2 12' 7" x 8' 8" (3.86m x 2.65m)
Bedroom 3 15' 7" x 7' 6" max (4.75m x 2.3m max) Bathroom
MAIN RESIDENCE GROUND FLOOR
Bedroom 6 / Potential En Suite for Bedroom 1 & 4 WC
There is a zoned security alarm, integral fire alarm system, Category 2 lighting, intercom security system and gas central heating.
The property was previously being utilised as office space and a three bedroom apartment to the Lower Ground Floor. Both of these have previously been let and achieved a total income circa £20,000pa. SERVICES The property has gas central heating, electric, water and mains drainage. TERMS Our client is asking for Offers in Excess of £425,000 for this period property. OUTGOINGS The VOA shows current rateable value for the ground floor room as £1,325 and for the first floor £7,200.
Rates payable in total approx. £4,090, this figure is without any applicable small business rates relief.
VIEWING All viewings to be arranged via HRD Commercial. Please contact 01983 527727 to arrange an appointment. Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract. Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information. Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
Income of £17,000 per annum to show a yield of 6% taking into account normal purchasing costs.
The premises are prominently positioned on a corner plot on Watford Road conveniently opposite Croxley Green Underground Station and with easy access to Watford and Rickmansworth Town Centres.
Access also to the M25 at Junction 18 and from there to the whole motorway system throughout the south-east.
Within a busy parade of shops which include a variety of occupiers giving a good mix of trades.
The property comprises a single storey retail unit which was fully fitted out by Sewell & Gardner in February 2016.
• Large Glazed frontage • Kitchen and WC facilities • Office and Meeting Room • Wall Mounted Electric Heaters • Wall Mounted A/C Unit
Approximate Net Internal Area: 446 sq ft (41.43 sq m).
SALE AND LEASE BACK
£275,000 for the freehold interest, subject to contract.
Upon completion of the sale Sewell & Gardner Ltd will simultaneously enter into a new 10 year lease with a tenant’s only break option and rent review at the end of the 5th year at an annual exclusive rental of £17,000.
Rateable Value - £12,250 Rates Payable 2018/2019 - £5,880
Interested parties should contact Watford Borough Council on 01923 226400 to verify the rates payable.
We understand that VAT is not payable on the purchase price.
Office building with secure car parking, currently let to Interflora British Unit at £10,000 per annum, high quality fit-out
The property comprises a two storey office constructed of brick with pitched roof and provides a ground floor office/meeting room, staff kitchen and WC facilities with two separate offices at first floor and small storage area.
The specification includes carpeted offices with wall mounted comfort cooling cassette units, electric panel radiators, UPVC double glazing, suspended LED light panels at ground floor office and suspended ceiling at first floor with surface mounted lighting and part dado trunking.
The staff kitchen/breakout area at ground floor incorporates male and female WCs. Photovoltaic panels have been fitted to the south facing roof pitch.
Externally the property has secure car parking with electric gate accessed off Riverside Precinct with 3 designated spaces, more if double parked.
LOCATION The property is situated on the corner of West Banks and Riverside precinct within Sleaford town centre.
Sleaford is an expanding market town at the junction of the A15 and the A17 with a population of 17,671 (2011 census).
TOWN AND COUNTRY PLANNING The premises are currently used as B1 (Offices) within the Town and Country Planning (Used Classes) Order 1987 (as amended). Interested parties are advised to make their own user investigations to the Local Planning Authority.
TENURE The property is currently let to Interflora British Unit on a 5 year lease commencing the 29th May 2015 at a current passing rent of £10,000 per annum.
The lease excludes the security of tenure provisions of the Landlord and Tenant Act 1954.
PRICE The property is available For Sale with the benefit of the existing lease to Interflora British Unit at £155,000
VAT VAT may be applicable on the purchase price at the prevailing rate. Further information is available from the marketing agents.
LEGAL COSTS Each party is to be responsible for their own legal costs incurred in documenting the transaction.
VIEWING To view the premises and for any additional information please contact the sole agents.
Office Investment Opportunity, West Banks, Sleaford NG34 7PX
23 West Banks, NG34 7PXGBSleafordLincolnshireNG34 7PX23, West Banks
Modern Detached Multi-Let Office Investment 10,695 sq ft approx.
Let to four Tenants on FRI terms producing £221,714 pa (£20.73 psf) exclusive.
- Modern building with raised access floors and full air conditioning - WAULT 5.2 years - No Schedules of Condition and certain Leases excluded from the 1954 Act - Parkland environment close to city centre and railway station - 41 car parking spaces
Offers sought in excess of £3,000,000 (Net Initial Yield of 6.94% after purchasers cost at 6.45%)
The property comprises a rank of four shops on the ground two of which have small basements. Above the left hand shop are three floors of offices, with parking for 3-5 cars on the side. The property is 4 storeys high and has brick/panelled elevations with flat roofs.
LOCATION Fulham Business Exchange is located within the prestigious Imperial Wharf development, located near Chelsea Harbour and the Design Centre. Imperial Wharf is home to a wide range of businesses from media and fashion to professional services. Occupiers include Bray & Krais Solicitors, Tateossian London and Maze Point.
Imperial Wharf Overground station is situated adjacent to the development providing a good service to Clapham Junction (5 minutes), Shepherds Bush & Westfield Shopping Centre (9 minutes) and Gatwick Airport (25 minutes). (Source: www.tfl.gov.uk)
There is also an underground car park available for occupiers and visitors subject to additional charge.
DESCRIPTION Suite 12 is situated on the first floor of The Fulham Business Exchange. It is a modern, predominantly open plan, air-conditioned office with suspended ceilings, raised access flooring and full height glazing to the rear. The office suite offers an attractive riverside setting close to key transport links.
LEASE The premises are available on a new effective full repairing and insuring lease for a term to be agreed at a rent of £35,000 pax. Subject to vacant possession.
SERVICE CHARGE Details available on request.
LONG LEASEHOLD SALE We are inviting offers in excess of £695,000. Subject to vacant possession.
Suite Size (m²) Size (sq ft) Suite 12 122.1 1,315
Rateable Value £47,500 Rates Payable (2018/19) £22,800* *Transitional relief may be available which is likely to reduce the rates payable. Interested parties are advised to make their own enquiries with The London Borough of Hammersmith and Fulham (020 8748 3020).
ENERGY PEFROMANCE CERTIFICATE The property has an EPC of E (103).
VAT All prices are quoted exclusive of VAT and if chargeable will be at the prevailing rate.
LEGAL COSTS Each party will be responsible for their own legal costs.
VIEWING Viewing strictly by arrangement with the sole agent:
Barry Munday t. 01483 322500 e. email@example.com
James Kinally t. 01483 322500 e. firstname.lastname@example.org
Office Suite Available
Type: Office, Offices
Suite 12, Fulham Business Exchange, The Boulevard, SW6 2TLGBLondonGreater LondonSW6 2TLThe Boulevard
Of interest to owner occupiers, investors and developers
Land and Buildings R/O 38 Crawley Road, Turnpike Lane, LONDON, N22 6AG Area Site Area: 3,034 sq.m. (32,656 sq.ft.) Price Offers in excess of £3,650,000
subject to contract
The property comprises a complex of industrial factories, warehouses, workshops and offices on a level 0.75 acre site.
There are five main buildings providing a total Gross Internal Area of approximately 3,016 sq.m (32,462 sq.ft), which are currently occupied by a successful bakery business.
The property has significant development potential for alternative uses and forms part of a larger site, which has been designated in the Local Plan as part of 'Site SA60: Barber Wilson'. The relevant extract from the London Borough of Haringey's Site Allocations DPD is available to download from our website.
BUILDINGS A & B - A brick built two storey industrial/factory building. The ground floor warehouse has a ceiling height of 2.52 m (8.27 ft) and comprises a food preparation and bakery space. The first floor and mezzanine level has an eaves height of 2.95 m (9.68 ft) at the lowest point and a maximum height of 4.36 m (14.30 ft) and comprises food preparation space, canteen and stores.
BUILDING C - A brick built two storey 1950s built industrial/warehouse building. The ground floor warehouse has a ceiling height of 3.52 m (11.55 ft). The first floor has an eaves height of 3.3 m (10.83 ft) at the lowest point and a maximum height of 5.33 m (17.49 ft). Approximately 50% of the first floor is fitted out as office accommodation.
BUILDING E - A warehouse with ancillary office accommodation and workshop. The eaves height is 2.73 m (8.96 ft) rising to an apex of circa 3.84 m (12.6 ft).
REAR WAREHOUSE UNIT - A modern warehouse storage building with a mono-pitch roof. The eaves height is 3.34 m (10.96 ft) rising to 4.7m (15.42 ft) at the highest point.
> Freehold for sale with vacant possession on completion > Site area: 0.75 Acres > Existing built space: 3,015.82 square metres (32,462 square feet) GIA > Suitable for a variety of uses subject to planning > Significant development potential: designated in the Local Plan as 'Site SA60: Barber Wilson' > Turnpike Lane London Underground Station (Piccadilly Line) less than 1 km (0.62 miles) > Less than 13 mins travel time via the Piccadilly Line from Turnpike Lane to King's Cross & St.Pancras International https://www.gilmartinley.co.uk/properties/for-sale/general-industrial-b2/turnpike-lane/london/n22/26937 Our ref: 26937 Vacant Freehold 0.75 Acre Industrial Property For Sale - London N22
Of interest to owner occupiers, investors and developers
Accommodation Accommodation Area sq.m. Area sq.ft. Comments Buildings A & B Ground Floor 1,065.50 11,468 Buildings A & B First Floor 667.76 7,187 Building C Ground Floor 460 4,951 Building C First Floor 434 4,671 Rear Storage Unit 60.89 655 Building E 327.67 3,527
Property Location The premises are located at the eastern end of Crawley Road, a predominantly residential side road off Westbury Avenue, in the London Borough of Haringey. Westbury Avenue intersects with Lordship Lane 0.34 km (0.21 miles) to the north and Green Lanes 0.77 km (0.48 miles) to the south. The site lies between the culverted Mosel River to the east and back gardens of houses on Boundary Road to the west.
The property benefits from excellent public transport links. Turnpike Lane London Underground Station (Piccadilly Line) which is in Travelcard Zone 3 is approximately 0.93 km (0.57) to the south-west of the property. There are frequent direct underground services from Turnpike Lane to King's Cross & St. Pancras International, with a journey time of circa 13 minutes. A number of bus services (123, 217, 231, 444 and 617) operate in the vicinity of the property, providing frequent services to Wood Green, Tottenham Hale, Waltham Cross, Enfield, Chingford and Ilford.
The location is well served for road communications lying 2.3 km (1.43 miles) to the south of the A406 North Circular Road and1.0 km (0.62 miles) to the west of the A10, which provides easy access to the main motorway networks. London City Airport is approximately 13.7 km (8.6 miles) distant.
The property is less than 1.0 km east of High Road (A105) a busy and vibrant shopping thoroughfare that runs between Turnpike Lane and Wood Green, which consists of a wide selection of shops, cafes, restaurants, bars and leisure facilities including; Costa Coffee, Mothercare, Sainsbury's, Argos, Primark, Lidl, River Island, Holland & Barrett, H&M, Footlocker, JD Sports,Superdrug, WH Smiths, Nando's, Five Guys, McDonald's, Barclays Bank, Santander, Metro Bank, Lloyds Bank, Halifax and Vue Cinema, amongst many others. The site is immediately adjacent to Lordship Recreational Ground and a 5 minute walk south to Downhills Park. These are both designated Metropolitan Open Land with a combined size of 36.16 ha. 2017 Rateable Value £141500.00 Estimated Rates Payable £69759 per annum Service Charge p.a. n/a Terms Freehold for sale with vacant possession on completion Legal Fees: Each party is to bear its own legal fees Local Authority: London Borough of Haringey Viewings: By prior appointment with Gilmartin Ley, telephone 020 8882 0111 Further information at: http://www.gilmartinley.co.uk/properties/26937 Offer Requirements Document Building C ground floor plan OS Plan Building E floor plan
For Sale - London N22 Of interest to owner occupiers, investors and developers 'Site SA60: Barber Wilson' - London Borough of Harigey Site Allocations DPD Extract Rear rectangular building floor plan Buildings A, B & C first floor plan Building C first floor plan Buildings A, B & C ground floor plan Energy Performance Certificate Building E Energy Performance Certificate Building C Energy Performance Certificate Buildings A & B Energy Performance Certificate Rear Rectangular Unit
Vacant Freehold 0.75 Acre Industrial Property For Sale - London N22
Type: Land, Office, Residential, Leisure, Industrial, Offices, Warehouse, General industrial, Commercial Land
Land to the r/o 38 Crawley Road, London, N22 6AGGBLondonGreater LondonN22 6AGLand to the r/o 38, Crawley Road
INVESTMENT SUMMARY Greater London single let 15,525 sq ft (1,443 sqm) warehouse & office property with 22 car spaces. Situated on the established Hersham Trading Estate being some 4 miles from J10 of the M25 Let to Advanced Logistics for Aerospace (UK) Limited, (Dun & Bradstreet rating 2A 2 - lower than average risk), a wholly owned subsidiary of ALA SpA, an Italian Public Limited Company. Tenant holds a FRI 10 year lease from 25th March 2018 granted inside the Landlord & Tenant Act. A Tenants only break option on 25th March 2023, subject to no less than 6 months’ prior notice. One upward only rent review to market value on 25th March 2023. Passing rent of £155,250 per annum, reflecting £10.00 per sq ft overall. Site area of 0.36 acres which reflects a site cover of approx 59%. Freehold VAT elected. We understand the purchase can be treated as a Transfer of a Going Concern (TOGC). Reversionary rent and strong levels of occupational demand in the area, thereby providing excellent prospects for future rental growth.
DESCRIPTION The property comprises a detached 2-storey warehouse and office building constructed in the late 1950’s / early 1960’s. The warehouse is of a concrete frame with brick elevations under a pitched overclad roof. The exterior of the front of the building has been re-clad in an attractive steel cladding system.
TENURE The property is held Freehold. TENANCY The property is let in its entirety to Advanced Logistics for Aerospace (UK) Limited (company registration number 02265000), a wholly owned subsidiary of ALA SpA, an Italian Public Limited Company. The property is held on a full repairing and insuring lease for a term of 10 years from 25th March 2018, expiring on 24th March 2028. There is a Tenant’s only option to determine the lease at the fifth anniversary of the term, ie 25th March 2023, subject to no less than 6 months’ prior written notice. The lease has been granted inside the security of tenure provisions of the Landlord & Tenant Act 1954, part II, as amended. The current passing rent is £155,250 per annum (£10.00 per sq ft overall). The Tenant has been in occupation of the building since 1998. There is one upward only rent review on the 25th March 2023 to open market value.
1 Lyon Road, Hersham, Walton on Thames, Surrey KT12 3PU
Description The offices comprise converted traditional agricultural buildings which have been fitted out to a high quality. Features include Cat 5 cabling and individual patch panels, LG3 lighting, comfort cooling/heating, disabled lifts to first floor accommodation, carpet tile floor covering. There is generous car parking allocated to the units.
Tenure Units 1 & 2 are let to NFU Mutual Insurance Society Ltd at a rent of £38,784 p.a.x. on a 15 year lease expiring in March 2021. Unit 3 is under offer to Funeral Safe Ltd at a rent of £27,504 p.a.x. on a 5 year lease expiring 2023. Unit 4 is let to Porterhouse Building Services Limited at a rent of £8,100 p.a.x. on a 5 year lease expiring 2023. Unit 5 is let to Ipswich 102 Ltd on a 12 year lease for £13,250 for years 1&2 rising to £13,750 p.a.x. Unit 5A is let to Exquisite Homes Limited at a rent of £9,512.50 p.a.x. on a 5 year lease expiring 2023.
Accommodation (all areas are approximate) Units 1 & 2 308.98 sq m 3,326 sq ft Unit 3 212.93 sq m 2,292 sq ft Unit 4 60.20 sq m 648 sq ft Unit 5 102.19 sq m 1,100 sq ft Unit 5A 70.7 sq m 761 sq ft Total Floor Area 755 sq m 8,126 sq ft
QUALITY OFFICE INVESTMENT FOR SALE PRODUCING AN INCOME OF £97,650 PER ANNUM
Unit 1-5 Valley Farm, Valley Lane, Ipswich, IP9 2AXGBIpswichSuffolkIP9 2AXUnit 1-5, Valley Lane
Location The parade of which the property forms part is situated on the north side of Church Lane at its junction with All Saints Close. Doddinghurst Infant and Junior Schools lie on the opposite side of the road. Brentwood lies approximately 5km to the south.
The premises are conveniently located to serve the local community and surrounding villages.
Accommodation Purpose built convenience store and post office at the end of a parade of six small shop units with residential there-over. The demise includes two self-contained, vacant flats. Additionally, there are two garages which are situated to the rear of the premises. To the front of the parade there is customer parking for approximately 25 vehicles. To the rear there is a service area.
FOR SALE FREEHOLD INVESTMENT – BUDGENS CONVENIENCE STORE & TWO FLATS
Type: Residential, Office, Offices
74-76 Church Lane, Brentwood, CM15 0NGGBBrentwoodEssexCM15 0NG74-76, Church Lane
Freehold Investment For Sale – Offers Invited in the Region of £350,000. Fully let self-contained retail unit with basement, together with offices on upper floors. Located in a busy retail position close to the centre of Caversham, producing an annual income of £23,700. Possibility of residential conversion subject to obtaining vacant possession and planning consents.
23 Prospect Street, Caversham
Type: Retail, Offices, Mixed Use, Other Property Types & Opportunities
23 Prospect Street, RG4 8JBGBReadingBerkshireRG4 8JB23, Prospect Street
Mid terrace business unit where the ground floor is vacant and the first floor let and income producing.
Calne is located on the A4 trunk road approximately 7 miles east of Chippenham. The town is approximately 11 miles from Junction 17 of the M4 motorway and within 16 miles of Swindon.
Fourbrooks Business Park is located on the established Porte Marsh Industrial Estate, the main employment area of the town. The Park is in a prominent position on the junction of Porte Marsh Road and Stanier Road.
The first floor is let to CMD Recruitment on a 5 year lease from 29 June 2017, with the ground floor currently vacant.
Part Let Property - For Sale
Type: Light Industrial, Storage, Business park, Office, Showroom, Industrial, Offices, Other Property Types & Opportunities
Unit 5, Four Brooks Business Park, Stanier Road, SN11 9PPGBCalneWiltshireSN11 9PPStanier Road, Four Brooks Business Park
Unit 5 comprises offices converted from the original Listed Farmhouse and buildings.
Let to Launch Interaction Ltd for a term of 5 years with effect from 23 July 2018 on a full repairing and insuring basis, subject to a Schedule of Condition, with a tenant break at the end of Year 2, at a rent of £17,500 per annum exclusive.
Unit 5, Kingsmead Business Park, Gillingham, Dorset, SP8 5FB
Unit 5 Kingsmead Business Park, , Gillingham, SP8 5FBGBGillinghamDorsetSP8 5FBUnit 5