l Established commercial location of Granby Street l 5 minutes walk from Leicester Railway Station l Conversion of upper floors to 27 flats, fully pre-let to students l Ground floor commercial unit let to World Street Cafe Bar Ltd l Combined gross ERV of £276,360 pa l Offers invited in the region of £3,250,000 (Three Million, Two Hundred and Fifty Thousand Pounds) for the freehold interest, subject to contract. This reflects a gross yield on gross ERV of 8.50%
Student Let Investment with Ground Floor Commercial Element
FREEHOLD CITY CENTRE OFFICE BUILDING WITH DEVELOPMENT POTENTIAL
94,120 sq ft GIA Total of 107,812 sq ft GIA Proposed STPP
• PDR approval for conversion to residential • Planning approval awaited for additional storey providing an additional 13,692 sq ft GIA • Suitable for residential, student accomodation or hotel use (STPP)
All Saints Business Centre, Newcastle Upon Tyne, NE1 2ET
Type: Residential, Hotel, Office, Offices
Cuthbert House, All Saints Business Centre, NE1 2ETGBNewcastle upon TyneTyne and WearNE1 2ETAll Saints Business Centre
Residential conversion opportunity with PDR consent for 18 (1 & 2 bed) units, potential for a further 9 units or ground floor commercial, on-site car parking, central location close to Market Place/Bargate/Pescod Square, Freehold with vacant possession on completion.
A substantial 3 storey office building with on site car parking.
Consent has been secured through PDR to create 18 flats on the 2 upper floors, with potential for a further 9 flats or some form of commercial development on the ground floor.
The building sits on a site extending in total to 0.22 hectares (0.54 acres).
ACCOMMODATION The property extends on a Net Internal basis to approximately 1,983.11 sq m (21,346 sq ft), and is laid out over 3 levels.
LOCATION The property is situated in a central location in Boston close to Market Place, Strait Bargate and the Pescod Square Retail Scheme.
Boston is a growing Lincolnshire Market Town providing the main retail and commercial facilities for both the town residents and the surrounding extensive agricultural based catchment.
The town has a resident population of circa 60,000 and a catchment population of about 68,000.
The town is located abut 35 miles south east of Lincoln and 33 miles north east of Peterborough.
TOWN AND COUNTRY PLANNING The existing use of the building falls within B1 (Office) use of the Town & Country Order Class 1987 (as amended).
Prior Approval has been secured from Boston Borough Council for the change of use of the first and second floor to C3 (Residential) for 18 units comprising a mix of 1 and 2 bedroom units. This letter of approval is dated 28th March 2018.
Copies of the drawings and letter of consent are available from the Agents or can be downloaded directly off the Boston Borough Planning Portal.
TENURE The property is being sold Freehold with vacant possession on completion.
PRICE Offers are invited in excess of £500,000
VAT may be charged in addition to the purchase price at the prevailing rate.
LEGAL COSTS Each party will be responsible for their own costs.
VIEWING Strictly by appointment only through the sole agents.
Residential Conversion Opportunity, Crown House, Lincoln Lane, Boston PE21 8RU
Type: Residential, Other, Other Property Types & Opportunities
Crown House, Lincoln Lane, PE21 8RUGBBostonLincolnshirePE21 8RULincoln Lane
Goodrich House is comprised of three pavilion style office buildings totalling 11,137 sq ft.* The buildings were constructed in the 1980s as part of a mixed-use office / residential development, and the residential apartments still exist adjacent to the property.
The buildings are arranged around a central courtyard, which is accessible via a path from Hampton Road or via a staircase leading from Waldegrave Road and the underground car park. Buildings 1 and 3 are linked by a single storey reception block.
The property benefits from 35 car parking spaces, which equates to an excellent urban car parking ratio of 1:318 sq ft*.
The site extends to 2.74 acres and is situated in the Town of Barrhead and will be sold with the benefit of Detailed Planning Permission for the development of 35 residential dwellings and will provide the eventual purchaser with a ready to build site.
Land at Dealston Road, Barrhead, Glasgow, G78 1NL
Type: Residential, Land, Commercial Land
Land at Dealston Road, Barrhead, Glasgow, G78 1NL, Residential Development Opportunity, G78 1NLGBGlasgowRenfrewshireG78 1NL12, Dealston Road
Location The property is situated in the village of Barton Mills just off a major junction of the A11, the primary arterial route between Norwich and Cambridge. Barton Mills village has a population of 639 (2011 census). The larger market town of Mildenhall is approximately 1.2 miles to the north. The town has a population of 13,388 (2011 census). The major RAF bases of Mildenhall and Lakenheath are close by. The nearest major settlements are: Newmarket 8 miles south westThetford 12 miles north eastBury St Edmunds 13 miles south eastCambridge 24 miles westIpswich 39 miles south eastNorwich 41 miles north eastLondon 75 miles south west The nearest rail station is in Newmarket which provides frequent GreaterAnglia train services to Ipswich, Cambridge and London (via Cambridge). Situation Middlefield Manor is located in the centre of Barton Mills village, north of The Street. The surrounding area is predominantly residential with dwellings to the north, west and south and the grounds of Middlefield Manor extending to the east. The surrounding dwellings are a mixture of attractive period buildings as well as more modern residential developments. The property is bounded by the river Lark to the north. Access to the Manor House is from The Street, via a private drive. Description Middlefield Manor comprises a Grade II listed detached former residence, built in 1745, previously known as Barton Hall. Most recently used as a full-time residential care facility for the Autistic Society. The grounds of the property extend to approximately 3.59 acres (1.45ha), the Manor itself sits on the western edge of the site. The building is of brick construction with rendered elevations under pitched pantile roofs arranged over ground, first and second floors. The windows are all single glazed and are a combination of timber sash and casement. Internally, many of the original internal walls have been removed, particularly on the first floor in order to create bedrooms, bathrooms and stair cases. The ground floor provides communal areas, two bedrooms and support services. The first floor has been partitioned to form several bedrooms and bathrooms to provide accommodation for the former residents. The second floor has been arranged as offices. There is oil fired central heating which serves wall radiators and each bedroom has a sink. In total there are 15 bedrooms within the building. Externally there are extensive grounds which are laid with lawn with an area being used for allotments and an attractive river frontage. A gravel surfaced car parking area is provided to the north of the building which is suitable for parking approximately 17 cars. The Gross Internal Areas, as measured in accordance with RICS Code of Measuring Practice (6th Edition): Ground Floor4,370 sq ft406 sq mFirst Floor3,329 sq ft309 sq mSecond Floor1,014 sq ft94 sq mTotal GIA8,714 sq ft810 sq m Planning The entire site is within the Barton Mills Conservation Area and outside the development envelope of Barton Mills. The property was previously used as a residential care facility and the land use is therefore considered to be C2. Enquiries with the local planning authority suggest that C3 and D1 uses may gain support. Interested buyers are encouraged to make their own enquiries. Terms The property is being offered freehold with vacant possession on completion. Offers will be considered on either a conditional on planning or unconditional basis. Offers are guided to be in excess of £750,000. Council Tax Not required as the property is Grade II listed and due to be sold with vacant possession. Services Electricity and mains water are present, however, the services have not been tested. VAT The seller retains the right to charge VAT on the purchase price. Legal Costs Each party to be responsible for their own legal costs incurred in this transaction. The buyer will be required to provide an undertaking to pay the sellers abortive legal costs should they not proceed once solicitors are instructed. Overage A 21-year overage deed will be placed on the grounds with a 50% claw back in favour of the seller in the event of future development. Viewing & Further Information For viewings and further information please contact the sole marketing agent, Hazells Chartered Surveyors
To Let * 644 sq.ft * Ground Floor Retail Unit * Refurbished * Prominent Roadside Presence * Within Popular Parade * Next To Co-op Convenience Store * Please call for more details ( Agency Pilot Software Ref: 1383 )
450 London Road, Portsmouth, PO2 9LD
Type: Retail - High Street, Residential, Retail
450 London Road, Hilsea, Portsmouth, PO2 9LDGBPortsmouth, PortsmouthHampshirePO2 9LD442, London Road
Former Farmhouse in a rural setting which has been converted to provide generous office accommodation over three floors with further basement storage plus a fully self contained residential apartment. ( Agency Pilot Software Ref: 103663 )
Cherry Tree Farmhouse Cherry Tree Farm, Cherry Tree Lane, Altrincham, WA14 3RZ
Type: Office, Residential, Offices
Cherry Tree Farmhouse Cherry Tree Farm, Cherry Tree Lane, Rostherne, Altrincham, WA14 3RZGBCheshire East, AltrinchamCheshireWA14 3RZCherry Tree Lane
A RESIDENTIAL DEVELOPMENT OPPORTUNITY (WITH PLANNING PERMISSION TO CONVERT TO FOUR HOUSES) A Modern Light Industrial Building Of Steel Framed Construction Extending To Approximately 3600 Sq Ft (335 Sq M) Located On The Outskirts Of The Premier Village Of Hanley Swan With Views Over Countryside. Offered With Planning Consent For Conversion Into Four Terraced Homes With Approximately Three Quarters Of An Acre And A Separate Option To Purchase A Detached Four Bedroomed Bungalow. For Sale By Sealed Bids (Closing Date Friday 30th November 12.00 Noon)
Residential Development Opportunity
Type: Residential, Light industrial, Industrial
Cobweb Folly, Blackmore Park, WR8 0EFGBWorcesterWorcestershireWR8 0EFBlackmore Park
The Old County Hall is a Grade II * Listed former courthouse, opened in 1783 when it was used as a County Court and saw capital punishment administered there until 1849. The court's moved from the site in 1988, after which it was redeveloped as a bar with the upper floors having been converted to student accommodation in 2017. Internally the building has retained a number of the features from the courthouse, giving the Slug and Lettuce a unique and interesting look, with galleries overlooking the main bar area. The accommodation is accessed from a separate side entrance, leading to 18 Studio type rooms including en-suite and kitchen facilities, all with separate access. Externally the Slug and Lettuce benefits from an extended beer garden to the side of the building.
Lease of the ground floor bar, restaurant and kitchen, with first floor mezzanine and plant room. Tenant - Intertain (Bars) Limited (07035173) - 2017 Turnover £25,765,000 Guarantor - Intertain Limited (006996339) - 2017 Turnover £27,526,000 Ultimate Holding Company - Stonegate Pub Company Limited (FC029833) - 2017 Turnover £697,468,000 Trading as - The Slug and Lettuce Coventry Term - 25 years from 18th May 2016, with no break options Rent - £85,000 per annum Reviews - 5 yearly to open market rental, £5,000 fixed uplift in 2021 review
Lease of the first and second floor accommodation space, converted and split into 18 Studios Tenant - The Futurelets Limited (09136328) - 2017 Turnover £2,725,000 Guarantor - Coventry University Enterprises Limited - 2017 Turnover £18,952,000 Term - 21 years and 1 day from 27th July 2017 Break Option - Tenant only break option at the end of the 10th year of occupation Current Rent - £100,485 Reviews - Fixed yearly uplift at 1.5% of the compounded rent
Lease of the beer garden Tenant - Intertain (Bars) Limited Term - 25 years from 18th May 2016, with no break options Rent - £6,100 per annum Reviews - Compounded yearly uplifts with relation to RPI ( Agency Pilot Software Ref: 1270 )
The property comprises a mid-terraced building of masonry construction, under a pitched tile roof.
The premises was last occupied by Argos with a ground floor sales area and upper floor storage/ancillary space. The accommodation is currently in a shell state, ready for fit out or implementation of planning. ( Agency Pilot Software Ref: 7378 )
10B - 14 Bath Street, Ilkeston, DE7 8FB
Type: General Retail, Other, Residential, Retail, Other Property Types & Opportunities
Site Description: The site comprises an irregular shaped parcel equating to approximately 5.41 acres (2.19 hectares) on the eastern edge of Badsey. Formerly a market gardening operation, the site accommodates an industrial unit adjoining agricultural use.
Brewers Lane forms the south eastern site boundary with the local cricket and recreation club beyond. There is a new housing development, nearing completion, adjoining the northern boundary. Topography is relatively level over the site and the surrounding area. Existing access is directly off Brewers Lane into the south western corner of the site. This may also be the proposed access for any development proposals.
Planning: The adopted Local Plan for the area is the South Worcestershire Development Plan (SWDP), a joint plan prepared by the three partnering Councils of Wychavon, Malvern Hills and Worcester City. The Local Plan, which was adopted in February 2016, sets out the clear vision for development in the area up to the year 2030.
The SWDP identifies two housing allocations within Badsey, SWDP59/14 and SWDP59x, both situated to the northern part of the village, off Badsey Road. Badsey has been identified within the SWDP as Category 1 village, where there is a level of services and facilities suitable to accommodate market and affordable housing needs alongside limited local employment needs.
In relation to a Local Plan review, Policy SWDP 62 (Implementation) states “Progress on the delivery of the SWDP will be monitored annually and a partial or whole Plan review commenced if the Plan is significantly failing to meet its objectives, or if the policy context requires a review”. The SWDP also states, based on evidence at the time of adoption, that a partial Local Plan review may need to commence by the end of 2019.
The site is outside, but adjoining, the defined settlement boundary. It is outside any designated high risk flood zone and detached from the village Conservation Area. Significant areas to the north, west and south of Badsey are constrained due to high risk flood zones and some areas to the north face multiple ownership constraints.
Land north of Brewers Lane
Type: Land, Residential, Commercial Land
Land north of Brewers Lane, Badsey, Evesham, WR11 7EUGBWychavon, EveshamWorcestershireWR11 7EUBrewers Lane
The flats comprise the first floor over a modern parade of shops which form a busy neighbourhood Centre serving a wide catchment area. Each flat provides large self-contained two bedroom accommodation and each is let on an unfurnished AST. Each flat is available on a ground lease with 109 years unexpired at a fixed ground rent of £250 p.a. The flats are located in a popular neighbourhood only 20 minutes from Newcastle upon Tyne Centre, close to the A19, A1 and Newcastle International Airport and within a short walk of the beach.
HIGH YIELDING RESIDENTIAL INVESTMENT 6 X LARGE SELF-CONTAINED FLATS IN POPULAR LOCATION