The property is a 6 minute walk from Chalk Farm Underground station (Northern line, Zone 2) and a 4 minute walk from Kentish Town West Overground station.
The 7 studio are fully let on AST’s, with a passing rent of £97,552.00pa reflecting a gross yield of 6% at a purchase price of £1,625,000
The property is available freehold subject to the existing tenancies.
The 7 Studios are HMO compliant and licenced
St Thomas Street, Southwark is a 300 year old architecturally stunning building located between the Shard and Borough Market.
Let to an Internationally renowned restaurant operator with an unexpired occupational term of 19 years
Sale of a long leasehold interest with 241 years unexpired
Option to acquire a unique bell tower apartment in addition to the restaurant investment
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
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 is approximately a 9 minute drive from Luton Airport. The property is an 8 minute walk from the University of Bedfordshire, Luton campus. The University of Befordfordshire currently has 17,000 students (figure based on a 2016/17 census) and we are of the opinion that the scheme could lend itself to student accommodation use.
MIXED USE COMMERCIAL DEVELOPMENT
Planning permission was submitted on 29th May 2018 for the construction of an extra floor of B1 office space.
The proposed scheme will extend to 24,779 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 ground floor, use class A2 extends to 4,800 sqft GIA. The 1st and 2nd floor, use class D2 extends to 15,447sqft GIA and the 3rdand proposed 4th floor, use class B1 will extend to 4,532 sqft GIA.
RESIDENTIAL DEVELOPMENT SCHEME
The Vendor submitted a separate planning application in August 2018 for the retention of the ground floor use and the change of use of the 1st to 3rd floors into 62 shared living units (Sui Generis).
The ground floor extends to 4,800 sqft GIA and the proposed residential shared living scheme will extend to 10,599sqft NSA (15,447 sqft GIA).
Should the office scheme be granted this will set president for an extra floor, giving the possibility to apply for an extra floor of shared living accommodation via a separate planning application. We advise potential purchasers to undertake their own due diligence on this matter.
The property is available freehold with vacant possession.
2.97 Acres (1.2 HA) – 6.03 Acres (2.44 HA)
WITH OUTLINE PLANNING CONSENT FOR COMMERCIAL DEVELOPMENT
• Both sites allocated within the Epping Forest District Council Local Plan Submission Version (2017) for residential development
• Close proximity to local amenities along Debden Broadway and Loughton town centre approx. 1 mile to the west
• Excellent transport links into central London via Debden Station (Central line) approx. 500m to the south
• Sites are available on an unconditional basis either as a whole or on a separate basis
- Excellent conversion potential to residential use (subject to necessary consents)
- Feasibility study undertaken accomodating 26 residential apartments
- Circa 27,627 sqft (2,566 sqm) GIA over 5 floors
- Unconditional offers invited in excess of £5,000,000 for the freehold interest
- Bid deadline: 18th January 2019
Located in central Cambridge | Comprising 5 existing buildings, totalling approximately 11,000 sq m GIA (118,000 sq ft) | Set within grounds of 2.47 ha (6.10 acres) in total.
Site Size 0.139 Hectares (0.345 Acres)
( Agency Pilot Software Ref: 3084 )
The property comprises a three-storey building of traditional construction.
The building was converted in 2016 into 6 flats comprising 2 studio flats (flats 3 & 5), 3 one-bedroom flats (flats 1,4 & 6) and 1 two-bedroom flat (flat 2). The conversion was carried out following grant of Permitted Development Rights in February 2016. There are 6 parking spaces on-site accessed from a secure gated entrance.
The residential flats are all leased on Assured Shorthold Tenancies (ASTs) to private tenants and the property is managed by the current owners.
The building is fully income producing and the tenancy schedule can be found on the attached marketing details.
Offers in the region of £1,750,000 (One million, seven-hundred and fifty-thousand pounds).
- Provides 5 self-contained flats.
- Opportunity to add value through refurbishment and new lettings.
- Passing rent £7,230 per annum
The site, which is approximately 0.16 acres (0.06 ha) in size, includes a single detached vacant building (No.113-121). The existing building comprises two retail units arranged over ground and basement and four residential apartments on the first floor.
The site extends to 0.0715ha (0.175 acres)
The existing building extends to 536 sqm (5770 sqft)
Planning permission was granted 24th April 2018 (Ref: 17/03796/FUL) for the demolition and development of 8 Flats including parking and access.
Plans were subsequently amended and approved under a S73 Notice (Ref: 18/01863/S73)
The proposed development comprises a two storey development providing a total of 8 flats, 4 no 2 bedroom flats and 4 no 1 bedroom flats with rear parking for 10 cars, associated bins and cycle parking area.
Copies of the planning decisions and associated plans are available from the vendor's agent.
( Agency Pilot Software Ref: 265 )
( Agency Pilot Software Ref: 16606 )
A freehold residential development opportunity
Location
The site is located to the south of the city centre. Parkview Campus is located on the south side of Whitchurch Lane and adjacent to the Bridge Learning Campus and City of Bristol Gymnastic Centre. The immediate surroundings have seen significant investment in recent years and are now occupied by a variety of use classes including offices, a healthcare centre, a community hospital, light industrial units, Cineworld, schools and a mixture of residential. The Imperial Retail Park is also located nearby along with green spaces including Hengrove Park. The site is exceptionally well connected by road via the new Metrobus service to the city centre and the recently completed south Bristol link road. The property forms part of a larger site totalling approximately 10 acres (4.047 hectares). The remaining part of the site is undergoing conversion to residential use, which commenced in November 2018 and will be retained by the owner as a rental/affordable product.
The site extends to approximately 3.57 acres (1,445 ha) bounded by Hawkfield Way to the west, William Jessop Way to the east and Whitchurch Lane to the north. Block 1 & 2, which do not form part of the sale are currently being converted into residential apartments providing 467 units. The conversion of these blocks commenced in November 2018. The vendor will retain Blocks 1 & 2 for their own rental/affordable products The subject site, Block 3, comprises a vacant part three / part four storey B1 office building totalling a NIA of approximately 8,090 sq m (87,080 sq ft) excluding the lower ground floor, which contains the services for the building. The site also includes 192 car parking spaces and a bike store.
The total consented proposed residential accommodation comprises 162 private apartments providing an approximate NSA of 8,040 sq m (86,542 sq ft). The scheme provides for 44 x one bed and 118 x two bed apartments. A full accommodation schedule and floor plans are included within the dataroom.
The Local Authority is Bristol City Council. The buildings are not listed, nor do they fall within a conservation area. The site benefits from planning consent for 162 units via two planning consents.
Broadwater Down is a highly sought after residential location on the SW edge of Tunbridge Wells. The road is within a Conservation Area and characterised by large period Victorian houses. It is classified as an Arcadian Area with low density development and protected landscaped frontages. The Pantiles and "Village" area are both easily accessible on foot.
Broadwater House is a detached period mansion set over G, 1st, and 2nd floors with some large basement areas (total GIA for the existing property 9133 sq ft) and in beautiful mature grounds of around an acre. The property is currently arranged as 5 apartments. There is a planning application pending for conversion, part demolition and extension of the property to create a total of 14 apartments, each with allocated parking (total GIA for the proposed property 15,157 sq ft).
ANNUAL RENT: £42,500 (incl. flat)
*NOW WITH LICENCE TO SELL ALCOHOL*
LEASEHOLD: £199,000
ANNUAL RENT: £35,000 p.a together with residential flat at £7,500 p.a. Total rent payable £42,500 p.a. (Rent receivable @ £12,840 p.a.)
LENGTH OF LEASE IS TO BE NEGOTIATED WITH THE FREEHOLDER.
Location
The shop is situated in the heart of the affluent city of St Albans, which is located approximately 25 miles North of London.
The nearest train station is St Albans City (0.6 miles), which offers a journey time to London of approx.18 minutes.
Internal Details
Retail space is circa 450 sq/ft and to the rear of the store is a stockroom/sandwich preparation area, along with a w.c.
Fixtures & Fittings
We are advised by our clients that all fixtures and fittings are owned outright and included in the price sought for the premium.
Letting Accommodation
There is a two bedroom apartment with separate access, currently let at a rent of £1070 per calendar month.
External Details
Additional storage is available by means of a detached storage unit in the gated rear yard area. The Council has allocated a single parking space to the rear of the store (an annual parking permit is required at additional cost).
Business Rates
The rateable value is £16,250 per annum, effective from 1st April 2017.
It is advised that interested parties make their own enquiries with the local authority.
• Turnover for Y/E 30/6/2018: £498,142
• Gross Profit for Y/E 30/06/2018: £168,172
• Net Profit for Y/E 30/6/2018: £139,911
• Additional Residential Rental Income
• Prominent Brand Trading for c. 100 years
• Energy Rating C
• Premises Licence granted by St Albans City & District Council
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.
Offices, Workshop & Store
Freehold For Sale
Planning For Conversion To 3-Bed House
Workshop 586 sq ft (54.4 sq m) + 1st floor office/store 545 sq ft (50.6 sq m).
Office 199 sq ft (18.5 sq m).
Store 190 sq ft (17.7 sq m).
Total overall 1,520 sq ft (141.2 sq m).
Attractive brick pavioured driveway/parking area.
Residential/mixed use development land
Location
Hawke Ridge is situated to the north of Westbury, a thriving market town with a population of around 20,000. It is located 1.5 miles from the County town of Trowbridge, 15 miles from Bath and 17 miles from Bristol. The site is situated close to the major employment areas of West Wiltshire Trading Estate and White Horse Business Park, together supporting more than 5,000 employees. Westbury railway station, with trains to London Paddington taking c.1 hr 36 mins, is 1.3 miles from the site. The site is serviced by local bus routes that link to Bristol, Bath, Warminster and Salisbury.
Hawke Ridge is an excellent strategic land opportunity. The site extends to c. 14.4 ha (35.6 acres) of greenfield land. It is a fully serviced commercial development site benefitting from various outline and detailed planning permissions. The present owners have promoted the site for employment uses for a number of years however despite a full and sustained marketing campaign there has been no viable demand for new office, warehouse or industrial development. Wiltshire Council commissioned an Employment Land Review in May 2018 which concluded that there is a ‘significant’ surplus of employment land in the A350 and West/ Central Wiltshire Towns area. This consented site, with its planning history, creates an opportunity to promote the site for residential development.
The site extends to c.14.4 ha (35.6 acres) of agricultural land and is served by a new 4 arm roundabout and foul pumping station. A third party ownership and adopted lane effectively split the site down the middle and creates the opportunity for a phased development of part and the introduction of a wide range of separate uses. The site is not subject to any protected landscape (national or local) designations, or any ecological, flood risk or other restrictive designations other than a very small area of the site's periphery (0.38 ha (0.93 acres)) that lies within Flood Zones 2 and 3. The site has been extensively marketed for a number of years as a new business park. Despite a high profile marketing campaign, the current owners have been unsuccessful in attracting any occupiers despite having detailed planning permission and reserved matters for a range of building types.
The site will be disposed of by way of an informal tender, offers will be invited on an unconditional or promotional basis. If required, the vendors offer to provide ongoing assistance to the purchaser to verify the marketing history of the site. Offers should be submitted to james.petherick@eu.jll.com by 1pm on Friday 1 March 2019. Further information on the bids is attached in the brochure.
A data room with relevant technical, planning and legal information is available at: https://hawkeridge.live.jll.com For access please contact: kelly.garland@eu.jll.com
• Both sites allocated within the Epping Forest District Council Local Plan Submission Version (2017) for residential development
• Close proximity to local amenities along Debden Broadway and Loughton town centre approx. 1 mile to the west
• Excellent transport links into central London via Debden Station (Central line) approx. 500m to the south
• Sites are available on an unconditional basis either as a whole or on a separate basis