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Create Alert Results - 48 Retail properties for auction .

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*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

✓ Blue chip tenant
✓ Currently let to Lloyds Bank
✓ Rental income £33,000 pa
✓ Reflects 6% yield
✓ Reversionary income
✓ 10 year lease from 2012
✓ 7 years remaining
✓ No break clause
✓ Rent review in December 2016
✓ G.F. undergoing refurbishment
✓ Prominent roadside frontage
✓ Close to town centre

Location
Runcorn is situated in northern Cheshire, some 12 miles north-east of Chester and close to the M56.

The town has a population of 65,000.

The subject property is situated on High Street, opposite HSBC Bank, Cheshire Building Society, Halifax Estate Agents and in a section of the High Street popular with other A1 and A3 use

Description
This extensive property is arranged on ground and first floor levels to provide a banking hall with self-contained office floor above. The ground floor is currently undergoing a full refurbishment.

The first floor is predominantly occupied by Crime Reduction Initiatives, a sub-tenant of Lloyds. The remaining first floor space is occupied by Lloyds and is accessed from via a stairwell within the ground floor accommodation.

The first floor accommodation provides mainly cellular offices and treatment rooms to the rear. The front section of the offices is open plan and includes a reception area and a meeting room. There is a separate kitchen and toilet facilities.

The first floor accommodation benefits from suspended ceilings, CAT II lighting, wall mounted radiators, a server room, burglar and panic alarms, smoke detectors and fire alarms.

The ground floor bank has not been inspected.

Accommodation
Ground Floor 268m2 2880ft2
First Floor 247m2 2659ft2

Total 515m2 5539ft2
Approx. gross internal floor area.

Services
We understand the property has mains gas, electricity, water and drainage.

Tenure
Freehold

Business Rates
The premises have a current rateable value of £16,000.

Rates payable 2015 / 2016 are approximately £7,888.
75, High Street, Runcorn, WA7 1AF
INVITING INTEREST: Investment Opportunity 6% Yield
Type: Offices, Office, Retail - High Street, Mixed Use, Retail, Other Property Types & Opportunities
Location: 75 High Street, WA7 1AF
Size: 5539 Sq Ft
Images: 11
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New
*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

Office/retail space set over two floors
Fully occupied from 1st June 2017
Five year leases from 2017
Rent from 1st June 2017 of £1,550 pcm (£18,600 pa)
Potential net yield of 9.84%
FRI leases
Recently refurbished
Busy main road location
Good transport links

Location
The subject property is located in a prominent position on New Hall Lane and is surrounded by a mixture of both residential homes and large commercial retailers. The property lies one mile east of the centre of Preston, Lancashire.

Preston has a good selection of local, national and international retailers along with a wide range of leisure facilities and a popular university.

Preston hosts a mainline railway station and provides access to the rest of the UK.

The M6 Motorway is located two miles east of the property and provides excellent access to the major cities of Liverpool and Manchester.

Description

This spacious retail unit offers useable office’s & showroom set over two floors. The premises are very well fitted out, having undergone a recent programme of refurbishment.

The property has the benefit of suspended ceilings and central heating throughout. Ground floor having a sales/ office area, storage facilities, WC and kitchen area. To the first floor there is an open plan split level office space, two separate offices, a kitchen area and two WC’s.

To the lower ground floor there is a useful tanked basement running the full length of the building with power, lighting and is partially carpeted. Externally there is a small rear yard area. The property could be let as a whole or divided into two letting units with some minor alterations.

Accommodation
Total 322 m2 3,465 ft2
Approx. net internal floor area.

Services
We understand the property has mains electric, water & drainage.

Tenure
Freehold

Investment Analysis

The property is fully occupied and let to City Management Accountants on the ground floor. The tenants are paying a rent of £800 pcm (9,600 pa). The first floor offices are let to Healthy Signature Limited for £750 pcm (£9,000 pa) providing a total of (£18,600 pa), representing a gross yield of 9.85% based on the guide price.

The lease between the ground floor tenants and the landlord is 5 years from 1st January 2017. There is a landlord and tenant break clause upon giving one month’s notice.

Business Rates
The premises do not appear to have been assessed as a whole unit for business rates. We recommend that interested parties contact Preston City Council for further information.

Please be advised an internal inspection has not been undertaken and photographs and measurements have been provided by a third party.
47-49, New Hall Lane, Preston, PR1 5NY
Refurbished Retail/Officespace set over two floors – Excellent High Street Location
Type: Retail, Office, Offices
Location: 47-49 New Hall Lane, PR1 5NY
Size: 3465 Sq Ft
Images: 6
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New
*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

Mixed use mid-terrace property
To be sold with vacant possession
Double fronted retail unit in shell condition
Two one bedroom flats to the first floor
Requires modernisation
Close to the city centre
Potential income £14,000 per annum after refurbishment
Potential gross yield of 17.5%
Freehold
Excellent transport links

Location
This mixed-use property is situated on the north side of Lower Breck Road, close to its junction with August Road. The street offers a good range of amenities as well as being serviced by a variety of bus routes.
Liverpool city centre is located 2.5 miles southwest of the property and is easily accessed by the A5049. Rail services run from Edge Hill Station approximately 2 miles to the south. The open spaces of Newsham Park and Edinburgh Park are located nearby the property.
Liverpool is located west of Warrington and Manchester, both of which can be accessed by road via the M62.

Description
This mid terrace property comprises a double fronted shop and large storage facility, accessible from the rear of the property and from the shop. The ground floor premises previously traded as a hairdressing salon.
The first floor is understood to comprise two self-contained flats, each being currently vacant and having their own entrance. We understand the flats each consist of one double bedroom, kitchen, living room and bathroom. The property will require modernisation to bring it into a lettable condition.

Services
We understand the property has mains gas, electricity, water and drainage.

Tenure
Freehold

Investment Analysis
We estimate the shops and flats could generate a potential income of £14,000 per annum after a course of modernisation. This generates a potential gross yield of 17.50% after accounting for £20,000 of refurbishment costs.

Accommodation
Ground Floor 850ft2
Approx. gross internal floor area, measurements taken from the VOA website.

Council Tax
Each flat is rated in Council Tax Band A.
52-54, Lower Breck Road, Liverpool, L6 4BZ
Mixed use mid-terrace property to be sold with vacant possession withd double fronted retail unit.
Type: Retail, Mixed use, Flat, Other Property Types & Opportunities, Residential
Location: 52-54 Lower Breck Road, L6 4BZ
Images: 1
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New
*THIS PROPERTY IS STILL AVAILABLE FOR OFFERS, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Features

Prominent town centre location
Potential gross yield 13.33%`
Potential gross income £18,000
Opportunity to convert upper floors to residential (STP)
Previously used as a butchers shop and sushi takeaway
Freehold
Excellent transport links

Location

The subject property is located close to the commercial pedestrianised heart of Nuneaton and fronts a busy thoroughfare which links Nuneaton Bus Station with the town’s Market Place. Nearby retailers include Argos and Boots, and Nuneaton’s Debenhams Department Store is at the Abbey Gate Shopping Precinct and so close by. In addition there are a number of pay-and-display car parks in close proximity.

Nearby road links include the M1, M69 and M6 providing fast and easy access to the major nearby cities of Leicester, Coventry and Birmingham. As a result Nuneaton is a hub for larger companies keen to operate within the midlands.

Description

Located on a busy high street the property has a glass double fronted retail area on the ground floor, and rear access onto a service yard off Newdigate Street. The ground floor has been trading as a Sushi Restaurant serving hot and cold food, with an alcohol license. To the first floor are gents and ladies W/C facilities, plus storage area. With second floor being used as a hot food preparation area

Accommodation

Ground Floor 44.48 m2 / 479 ft2

First Floor 21.11 m2 / 227 ft2

Second Floor 19.75 m2 / 213 ft2

Tenure

Freehold with vacant possession

Viewing

Please contact John Pye Property on 0115 9706060
1, Harefield Road, Nuneaton, CV11 4HA
High Street Investment Opportunity – Potential Gross Yield of 13.33% – Opportunity To Convert Upper Floors (STP)
Type: Residential, Retail
Location: 1 Harefield Road, CV11 4HA
Size: 919 Sq Ft
Images: 3
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Features

Four bedroom detached property
Two bathrooms
Three reception rooms
Requiring a small amount of refurbishment
Overlooking open fields to the rear
Close to amenities
Excellent transport links
Freehold
Potential to develop back to two dwellings (STP)

Location
This detached property is located on the western side of Foulford Road in the popular district of Foulford near to Cowdenbeath.

Cowdenbeath High Street is located just 0.5 miles to the east and hosts a good array of independent shops, bars and restaurants in addition to the presence of major supermarkets including Aldi & Morrisons.

There is a good range of schools for all age groups within the immediate vicinity including Beath High School and Foulford Primary School.

The larger city of Edinburgh is located just 20 miles to the south and is easily accessed via the A90 or directly on the train from Cowdenbeath station that is located just 0.7 Solicitors miles from the property.

Description
A good sized four bedroom detached property, formerly a chip shop and post office with flats above, but having since been converted to form one single dwelling.

To the ground floor, accessed at street level, there are three reception rooms and a kitchen. The kitchen has a double range oven with hood over, tiled splashbacks, tiled flooring and a good range of base and eye level units.

To the first floor there are four bedrooms and a family bathroom. The bathroom benefits from a modern white three piece suite with chrome fittings and tiled flooring.

Externally, there is off street parking and a double garage to the side elevation. The rear of the property has the benefit of a shed, a greenhouse and views across to school playing fields.

Investment Analysis
We have been advised that the property could be converted to form two semi-detached properties. The property has a total floor area of appox. 2,142ft2 (taken from Scottish EPC Register), providing a good amount of living space if converted into two semi-detached homes.

Alternatively demolition of the ecurrent dwelling would allow for the construction of up to three new dwellings (STP).

Accomodation
199m2 (2142ft2) – Figure provided by the Scottish EPC register 06/06/2016

Services
The property is connected to mains gas, electricity, water and drainage.

Council Tax
The property is in council tax band E. The current rate payable for 2017/2018 is £1,366 per annum.

Viewings
Please contact John Pye Property on 0115 9706060.
134, Foulford Road, Cowdenbeath, KY4 9AT
Large Four Bedroom Detached Property – Opportunity to Convert into Two Dwellings (STP) – Former Chip Shop and Post Office with 2 x...
Type: General Retail, Retail
Location: 134 Foulford Road, KY4 9AT
Size: 2142 Sq Ft
Images: 1
Brochures: 1
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Two retail units
Four flats currently let
Two vacant flats requiring refurbishment
Delightful village location
Currently producing £1,976.66 pcm (£23,720 pa)
Current gross yield of 12.48%
Potential for capital growth
Close to amenities
Good transport links

Location
The property is situated on the south western side of Market Square, off Station Road on the outskirts of Ollerton in Nottinghamshire. The immediate area is characterised by predominantly residential property, together with some local retailers.

There is a small high street with a variety of shops and amenities, including a post office, chemist, banks, grocery stores and a number of public houses. There is also a shopping area on Sherwood Drive and a wider range of facilities can be found just 1 mile up the road in New Ollerton.

Ollerton is approximately 14 miles to the south east of Newark and 10 miles from the town of Mansfield. Nottingham is 20 miles directly to the north of the subject property and is accessed by road via the A614 and A60 road links or via the A6097.

DescriptionThe subject property comprises a traditionally brick built period property, with retail use on the ground floor and residential accommodation to the upper floors.
The retail element of the property includes two local businesses. To the left hand side of the property is Claire’s Village Salon. The salon has a glazed frontage, tiled floors, spot lighting and wall lights, plastered painted walls. To the rear of the salon there is a small kitchen and W.C. The Computer Station is to the right hand side of the property.
There are six residential flats arranged over four floors.

Flats 1, 2 & 4 are all spacious one bedroom flats comprising fitted kitchen, living space, one bedroom and a family bathroom.

Flat 3 is a two bedroom maisonette with accommodation arranged over two floors, however some works are required to the upper floor.

Flat 5 is located on the second floor and comprises of a separate kitchen, living room, bedroom and bathroom.

Flat 6 is on the third floor within the eaves and comprises of open plan kitchen and living room, one bedroom, bathroom with an additional small room off the bathroom.

Both flats 5 & 6 requires complete refurbishment throughout.

Tenure
We understand the property is connected to mains electricity, water and drainage.

Investment Analysis
The property is mostly let with just two flats being vacant and requiring refurbishment. Both flats 1 & 3 are currently let for £325 pcm (£3,900 pa) and flats 2 & 4 are each let for £350 pcm (£4,200 pa). Claire’s Salon is let for £416.66 pcm (£5,000 pa) and the Computer Station is let for £210 pcm (£2,520 pa).

The property is generating a total income of £1,976.66 pcm (approx. £23,720 pa), representing a gross annual yield of 12.16%.

Following refurbishment of the two vacant flats we estimate each flat will let for £350 pcm, providing an additional £700 pcm (£8,400 pa) this would provide a gross approximate yield of 16.74% based on the lower guide price.

Council Tax
Flats 1- 4 are each rated in Council Tax Band A. Council Tax payable per flat (2016/ 2017) is £1,221.99.

Business Rates
The ground floor retail premises for the Computer Station have a current rateable value of £1,900 pa. Claire’s Salon and premises has a rate-able value of £3,700 pa.

Guide Price
£195,000 – £210,000 +
Market Place, Newark, NG22 9BL
Mixed Use Investment Opportunity – Six One Bedroom Flats & Two Retail Shops
Type: Flat, General Retail, Residential, Office, Retail, Offices
Location: Market Place, NG22 9BL
Images: 9
Brochures: 1
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Three storey period property
Potential mixed use opportunity
Three ground floor retail units
Freehold
Town centre location
Potential for re-development (STP)
Excellent passing footfall
5 Bedroom owners accommodation
Potential for capital growth
Some work required

Location

The property is located in a prominent position fronting Station Road a busy town centre location within the heart of Port Talbot. Located in West Glamorgan, situated just 10 miles south east of Swansea and 32 miles west of Cardiff.

With excellent transport links available the property benefits from easy access to both junction 40 and 41 of the M4 motorway. Port Talbot Parkway Station is within walking distance and there are many local, national and international retailers surrounding the property providing excellent passing footfall within this bustling high street.

Port Talbot is more famously know for the large ‘Tata’ Steel works, the second largest steel producer in Europe.

Description

This exciting mixed use opportunity offers large and versatile accommodation set over three floors. Currently arranged with three ground floor retail units, Dales Barber shop, Get connected, and Fresh Start café all of which are currently occupied with lease agreements in place.

The former Port Talbot & Aberavon Constitutional Club forms the larger part of the building having a large open plan room with servery. To the first floor there is another large open plan room with a servery and space for pool tables, a room currently for darts and a lounge area with a servery and large store room. The club also has use of a cellar, customer WC’s located at ground and first floor levels and numerous storage areas.

The private owner’s accommodation is located on the second floor and comprises of five spacious bedrooms, living room, kitchen, bathroom, WC and a small storage area.

Externally there is a small enclosed walkway to the rear that is used for access purposes only.

Investment analysis

The three ground floor retail units are currently occupied with tenancies in place and are as follows:

Dales Barber Shop, 62A Station Road – The property is currently let for £4,200 pa, having a seven year lease in place from 2010, expiring on 30th September 2017.

Get Connected, 62B Station Road – The property is currently let for £5,500 pa, the tenant is currently holding over and are occupied on a month by month basis.

Fresh Start Café, 62 Station Road – The café are no longer in occupation and have ceased trading, however the lease remains in place, expiring on 27th August 2017.

The property would be well suited for redevelopment subject to the necessary planning permissions being obtained.

Accommodation

Property not measured

Services

We understand the property to have mains gas, electricity, water and drainage.

Tenure

The property is freehold subject to three occupational leasehold interests.

Business Rates

Each aspect of this mixed use building has a separate rateable value and have been assessed at the following rate:

Constitutional Club: £9,600

Dales Barber Shop: £5,800

Get Connected: £4,050

Fresh Start Café: £11,500

VAT

We are advised that VAT will be applicable
62, Station Road, Port Talbot, SA13 1LZ
Freehold Licensed Premises With Potential for Alternative Uses (STP) – Partially Occupied.
Type: Retail, Mixed use, Other Property Types & Opportunities
Location: 62 Station Road, SA13 1LZ
Images: 4
Brochures: 1
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*Available at £530,000, contact auctioneer for details*

A well located mid terrace property arranged as a vacant ground floor lock-up shop unit, having prior approval for change of use from A1 to C3 use, and a two bedroom self-contained flat above let on a tenancy at will - Part Vacant Investment let at £11,400 per annum

Tenure
Freehold.
Location
The property is situated a short distance from the junction with Walton Road
Shopping facilities are available locally on the High Street and to a greater extent on Walton Road, together with a good selection of cafés, bars and restaurants
Recreational facilities can be found at Hurst Park, which is conveniently close by, as is the River Thames
Nearby road communications are via the A3050
Hampton Court

Description
A mid terrace property
Arranged as a ground floor shop unit with flat above
Rear access to the first floor flat
The flat has a rear roof terrace
Large loft space above flat
The shop has a rear entrance

Accommodation
Ground Floor Shop Unit – Shop Reception Area, Workshop Area, Rear Office, Two WCs Maximum Width 17ft, Maximum Depth 54ft
First Floor Flat – Hallway, Reception Room, Two Bedrooms, Kitchen, Bathroom/WC

Tenancy
The first floor flat is let on a tenancy at will from 8th May 2017.

Planning
Permitted development prior approval was given by Elmbridge Borough Council on 10th February 2016 for change of use from A1 (Retail) to C3 (Residential) and external changes.
NB. A grant is available from Embridge Civic Improvement Fund (ECIF) towards shop front improvements of 75% of the project costs up to a maximum of £10,890.
Total Current Rent £11,400 per annum (plus vacant possession of the ground floor shop unit)
4/4a, High Street, West Molesey, KT8 2NA
Part Vacant Freehold Retail.
Type: Residential, Retail, Office, Offices
Location: 4/4a High Street, West Molesey, KT8 2NA
Images: 1
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New
* AVAILABLE AT £225000, CONTACT AUCTIONEER FOR DETAILS*

A two bedroom Grade II listed semi-detached cottage in need of modernisation, located in an appealing semi-rural location - Vacant

Tenure
Freehold.

Location
Stanstead is a village located between Glemsford and Hartest
The property is located on Upper Street
Local shopping facilities are available and to a greater extent in the commercial and retail centres of Sudbury
The semi-rural location makes for a range of leisure activities

Description
A Grade II listed two bedroom semi-detached cottage
Internally, the property is presented in need of modernisation, which presents the purchaser with the ideal opportunity to carry out works to their own specification
The property benefits from a garden

Accommodation
Ground Floor – Reception Room, Kitchen, Bathroom, Separate WC
First Floor – Two Bedrooms
Upper Street, Sudbury, CO10 9AU
Vacant Freehold Cottage
Type: House, Retail, Leisure, Residential
Location: 1 Barnfield Cottage, Upper Street, CO10 9AU
Images: 1
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New
*AVAILABLE AT £150,000, PLEASE CONTACT AUCTIONEER FOR DETAILS*

Located in a prime central location opposite Debenhams, near the Houndshill Shopping Centre and sea front. A prominent retail building with planning permission for four flats (4 x two bedroom flats, two split level with roof terraces) and two retail units - Vacant

In the Same Ownership for about 30 Years

Tenure
Freehold.

Location
Blackpool, located 30 miles north of Liverpool and 40 miles north-west of Manchester, is a famous seaside town and resort attracting millions of visitors every year
Situated on the east side of Coronation Street, between the junctions with Albert Road and Adelaide Street in a prime town centre location opposite Debenhams, and near the Houndshill Shopping Centre, Winter Gardens, Blackpool Tower and sea front promenade
Easy access to the M55 provides good road links to the M6, M61 and M65
Blackpool North

Description
A prominent building arranged as a large ground floor shop unit with lower ground and first floor ancillary/storage accommodation

Accommodation
Lower Ground Floor – Total Internal Floor Area Approximately 3,875 sq ft
Ground Floor – Total Internal Floor Area Approximately 3,315 sq ft
First Floor – Total Internal Floor Area Approximately 3,280 sq ft
Total Internal Floor Area Approximately 10,470 sq ft

Planning
Permission (Application No.17/0088) was granted by Blackpool Council on 11th May 2017 for external alteration to form new front entrance door and windows to front, rear and side elevations, provision of roof terraces and use of premises as altered as four self-contained permanent flats and two retail units with associated store with basement cycle and bin stores. The proposed development will provide 4 x two bedroom flats (two being split level with roof terraces) and two retail units.
30-36, Coronation Street, Blackpool, FY1 4PB
Vacant Freehold Site
Type: Retail, Flat, Residential
Location: 30-36 Coronation Street, Blackpool, FY1 4PB
Size: 10470 Sq Ft
Images: 2
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Tenure
125 years from 1st November 1989 at a peppercorn rent, with full vacant possession.

Description
The prominent neighbourhood retail parade with excellent residential catchment area and proposed Clifton South Urban Expansion
Directly opposite Summerwood Lane tram stop
The property comprises a brick built end of terrace mixed-use building arranged over ground, first and second floors, currently fitted out and trading as Clifton Fish Bar on the ground floor with a three bedroom flat arranged on the first and second floors
In addition to the above, there is a separate garage and parking area for approximately 2/3 cars
The ground floor of the property extends to approximately 68.9 sq m (742 sq ft)
The above floor areas have been obtained from the Valuation Office Agency website and should be used for guidance purposes only. Prospective purchasers are advised to undertake their own measured survey of the property prior to purchase
Extensive photographs available at www.rightmove.co.uk
EPC Rating
C 66

VAT
We understand that VAT will not be applicable to the sale price. However, interested parties should refer to the Special Conditions of Sale for confirmation of this.

Viewings
Contact Victor Ktori or Ria Khan on 0115 934 8050.
640, Farnborough Road, Nottingham, NG11 9GU
Vacant Leasehold Prominent Retail Opportunity.
Type: Residential, Retail, Mixed use, Office, Other Property Types & Opportunities, Offices
Location: 640 Clifton Fish Bar, Farnborough Road, Nottingham, NG11 9GU
Size: 742 Sq Ft
Images: 1
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Tenure
Freehold.
Description
The property comprises a prominent terraced building configured to provide a retail unit at ground floor, with separate access to the residential upper floors
Nearby occupiers include Rose Tailors, Zam Zam Halal Meat, The Marina and China House, to name but a few
The property is located directly opposite a Total pay & display car park
The ground floor sales area extends to approximately 36.1 sq m (389 sq ft)
The upper floors provide one bedroom at first floor with kitchen and bathroom and three bedrooms at second floor with separate WC
The ground floor unit is currently let for a term of 5 years with effect from 1 November 2016 at a rental of £6,000 per annum and the residential upper floors are let on three tenancies each at £3,380 per annum, producing a total rental of £16,140 per annum
The above floor areas have been obtained from the Valuation Office Agency website and should be used for guidance purposes only. Prospective purchasers are advised to undertake their own measured survey of the property prior to purchase
EPC Rating
D 85
VAT
We understand that VAT will not be applicable to the sale price. However, interested parties should refer to the Special Conditions of Sale for confirmation of this.
Viewings
Contact Victor Ktori or Ria Khan on 0115 934 8050.
148, Alfreton Road, Nottingham, NG7 3NS
Investment Freehold Retail.
Type: Residential, Retail, Flat
Location: 148 Alfreton Road, NG7 3NS
Size: 389 Sq Ft
Images: 1
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This semi-detached former hairdressers with residential accommodation above and to the rear is situated within proximity to shops and local amenities as well as easy reach of Grays town centre. The mainline station with its C2C service is just over a mile away which provides access into the City via London (Fenchurch Street).

The property is ready for re-development and has Planning Permission for Change of Use to residential. It also has a separate double garage to the rear which is accessed off College Road.

Ground Floor

Shop currently fitted out as a hairdressers, living room, kitchen, W.C., utility area.

First Floor

Open plan living/bedroom area and bathroom.

Outside

Rear garden with shed/summer house and double garage.

Planning

Planning Permission has been granted by Thurrock Council, under ref: 16/01359/PARETR, dated 11th November 2016, for Change of Use from A1 to C3, subject to conditions.

Further information will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office. Tel: 01245 205778.

Freehold with Vacant Possession

Commercial EPC: D
8, Southend Road, Grays, RM17 5NH
FREEHOLD PROPERTY FOR DEVELOPMENT/IMPROVEMENT.
Type: Residential, Flat, General Retail, Retail
Location: 8 Southend Road, RM17 5NH
Images: 5
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Situated close to the heart of Southsea's commercial district on the corner of Grove Road South and Marmion Road, this three storey freehold building is arranged as a commercial unit on the ground floor with a three bedroom flat and a one bedroom flat over.

The whole building is at present let and producing a healthy income and is considered ideally suited for addition to an income-producing portfolio.

Commercial

Ground Floor

Main shop/sales area, office, treatment room, kitchen and two cloakrooms.

Tenancy

Let under the terms of a recently renewed commercial lease for a term of five years until 30th July 2022 at a rental of £15,000 per annum.

Residential

First Floor

Flat 6A

Living room/kitchen, three bedrooms and bathroom with W.C.

Tenancy

Let on an Assured Shorthold Tenancy for 12 months from 17th May 2017 at a current rental of £795 per calendar month.

Flat 6B

Second Floor

Living room/ kitchen, bedroom and bathroom with W.C.

Tenancy

Let on an extended Assured Shorthold Tenancy for six months from 15th May 2017 at a rental of £625 per calendar month.
Residential EPC: B
Commercial EPC: C
6, Grove Road South, Southsea, PO5 3QT
FREEHOLD MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT COMPRISING SHOP AND TWO FLATS
Type: Residential, Office, General Retail, Offices, Retail
Location: 6 Grove Road South, PO5 3QT
Images: 1
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This imposing landmark former bank premises is situated in the heart of the town of Shanklin on the east coast of the Isle of Wight.

A flat on the second floor has been sold on a long leasehold basis, while the remainder of the building, which extends to three further floors, offers scope and potential for a number of future uses, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.

Basement

Strong room and store rooms.

Ground Floor

Former banking hall and interview rooms.

First Floor

Office, staff room, comms room and male and female cloakrooms with W.C.’s.

Second Floor Flat

Tenure

Sold on a 125 year lease from 23rd April 2008 at a ground rental of £100 per annum.

Tenure

Remainder of an 873 year lease from 5th October 1874 at a peppercorn ground rent. Further lease information will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Auctioneer’s Note

At the time of publication we have not inspected the property internally and the accommodation details have been provided by the Seller.
Commercial EPC: TBC
19, High Street, Shanklin, PO37 6JX
FOUR STOREY VIRTUAL FREEHOLD FLAT AND FORMER BANK PREMISES WITH POTENTIAL.
Type: Office, General Retail, Offices, Retail
Location: 19 High Street, PO37 6JX
Images: 3
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This five storey landmark town centre building is considered an ideal addition to an investment portfolio offering an immediate income stream. The building is situated in the middle of Union Street, Ryde's premier retail location and is, at present, arranged as a bar/restaurant occupying three floors while two residential flats on the upper floors have been sold on long leases.

To the rear of the building is at present a yard/parking area and Planning Consent has been obtained for construction of a single detached dwelling, if required.

Basement/Lower Ground Floor

Three store rooms, office and ladies/gents cloakrooms with W.C.s.

Ground Floor

Main bar/restaurant area and rear kitchens.

First Floor

Further restaurant/ seating area.

Tenancy

The three lower floors are let under the terms of a commercial lease at a current rental of £25,000 per annum for a term of seven years from 7th November 2015.

Second Floor Flat

Tenure

Sold under the terms of a 900 year lease from 29th September 1864.

Third Floor Flat

Tenure

Sold under the terms of a 900 year lease from 29th September 1864.

Outside

Rear courtyard and parking.

Planning

Planning Permission has been granted by the Isle of Wight Council, under reference: P/01395/16, dated 16th January 2017, for a proposed dwelling to land rear of 24 and 24a Union Street, fronting Union Road, Ryde, Isle of Wight, PO33, subject to conditions. A copy of the Planning Consent and proposed plans will be available for download from the Clive Emson website or inspection at the Auctioneer's Office.

Tenure

The building is subject to the remainder of a long leasehold of 900 years from 29th September 1864 at a ground rental of £32 and 5 shillings.
Commercial EPC: G
24, Union Street, Ryde, PO33 2DT
VIRTUAL FREEHOLD TOWN CENTRE INVESTMENT AND SINGLE BUILDING PLOT TO THE REAR.
Type: Retail, Flat, Residential
Location: 24 Union Street, PO33 2DT
Images: 3
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The building comprises the former bar and function rooms of the now defunct Waterlooville Football Club and their Jubilee Park Stadium, with this freehold investment offering a mix of ongoing income from the first floor and with numerous potential options available on the ground floor, which still also has a current premises licence.

The ground floor could therefore continue to be used for social or a number of other future potential uses, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, Havant Borough Council. Tel 023 9247 4174. Website: www.havant.gov.uk.

Among these future potential uses would be conversion to a trade counter, for which planning consent has been obtained and which would extend to in excess of 510.97 sq.m. (5,500 sq.ft.).

The ground floor also includes a former café, which has previously traded separately from the remainder of the building.

The first floor is at present let under the terms of a commercial lease and trading as The Waterlooville Sports Bar, over 492.39 sq.m. (5,300 sq.ft.), large enough for nine full-size snooker tables and a separate glass partitioned bar and pool area.

Ground Floor

Former football club bar and ‘Aston Rooms’ function suite with previous licence capacities of 100 and 250 respectively, previously self-contained café, numerous cloakrooms, store rooms and offices.

First Floor

Waterlooville Sports Bar.

Tenancy

Held under the terms of a commercial lease for 10 years from 18th July 2016 at a current rental of £15,000 per annum.

Outside

Detached brick built store and parking area and two freight/shipping containers, which may be available under separate negotiation.

Planning

Planning Permission has been granted by Havant Borough Council, under ref: APP/16/00538, dated 20th July 2016, for change of use for ground floor Class D2 function Room to Class B8 warehouse, with trade counter insertion of roller shutter door to north east elevation.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

EPC Ratings

Ground Floor

EPC rating of C (53).

First Floor

EPC rating of E (103).
Commercial EPC: C
16, Aston Road, Waterlooville, PO7 7XG
FREEHOLD COMMERCIAL INVESTMENT AND DEVELOPMENT OPPORTUNITY WITH PLANNING CONSENT FOR A TRADE COUNTER.
Type: Warehouse, Trade counter, Offices, Office, Restaurant/Cafes, Mixed Use, Industrial, Retail, Other Property Types & Opportunities
Location: 16 Aston Road, PO7 7XG
Size: 53000 - 5500 Sq Ft
Images: 4
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Situated in Gosport's pedestrianised major retail street, this three storey building is let under the terms of a fully repairing and insuring commercial lease and is considered ideal for addition to an income-producing portfolio.

Ground Floor

Main sales area and rear store/stockroom.

First Floor

Two rooms.

Second Floor

Kitchen, cloakroom with W.C. and further storeroom.

Tenancy

Let under the terms of a fully repairing and insuring commercial lease for a term of five years from 2nd January 2015 at a current rental of £10,000 per annum.
Commercial EPC: E
104, High Street, Gosport, PO12 1DS
FREEHOLD THREE STOREY COMMERCIAL INVESTMENT.
Type: Retail
Location: 104 High Street, PO12 1DS
Images: 1
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This relatively modern retail unit measures 139.35 sq.m. (1500 sq.ft.) of sales area on the ground floor and is situated in the heart of the town centre of Newport, the Island's County Town. The first floor can only at present be accessed internally but offers scope and potential for residential conversion, subject to reconfiguration of the existing staircase and subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Isle of Wight Council. Tel: 01983 823552. Website: iwight.com.

Ground Floor

Sales/retail area measuring 139.35 sq.m. (1500 sq.ft.), partly sub-divided at the rear for storage or ancillary purposes.

First Floor

A range of office/store rooms, kitchen, two cloakrooms (both with W.C.'s).

Second Floor

Store room.

EPC Rating

The property has an Energy Performance Rating of C (66).

Freehold with Vacant Possession

Commercial EPC: C
68, High Street, Newport, PO30 1BA
FREEHOLD TOWN CENTRE SHOP & UPPER PARTS WITH POTENTIAL.
Type: Retail, Office, Offices
Location: 68 High Street, PO30 1BA
Size: 1500 Sq Ft
Images: 1
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An opportunity to acquire this three storey commercial premises situated within a prominent location at the end of the town's main thoroughfare. The ground floor retail unit, being a former jewellers shop with good window frontage, is currently vacant whilst the upper floors are let.

The building, particularly the upper part, offers potential for residential development, subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk.

10 Bodmin Road

Ground Floor

Recessed entrance opening into retail area with communicating spiral staircase.

9 Grants Walk

First Floor

Reception area and two offices.

Second Floor

Office, kitchen/staff room, store room and cloakroom.

Tenancy

Let on a nine year lease from 29th September 2008 at a current rental of £3,248 per annum, paying a proportion of the costs of the maintenance and repair of the buildings.

Auctioneer’s Note 1

For information relating to the rateable values and other available data go to www.tax.service.gov.uk/view-my-valuation/search and enter the postcodes PL25 5AE (10 Bodmin Road) and PL25 5AA (9 Grants Walk) into the appropriate search field.

Auctioneer's Note 2

The property benefits from two points of access, one being on the road frontage of Bodmin Road and the other being via Grants Walk.

Freehold with Part Vacant Possession

Commercial EPC: TBC
10, Grants Walk, St. Austell, PL25 5AA
TOWN CENTRE COMMERCIAL PREMISES.
Type: Retail, General Retail
Location: 10 Grants Walk, PL25 5AA
Images: 2
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*THIS LOT IS STILL AVAILABLE FOR OFFERS, CONTACT AUCTIONEER FOR DETAILS*
AVAILABLE AT £850,000 + FEES

An exciting opportunity to acquire this substantial mixed residential and commercial High Street investment, comprising ground floor retail premises extending to over 3,000 sq.ft. and two, two-bedroom flats on the first floor.

This detached block is situated in a prime retail area in Ashford, Middlesex and is located on the junction between Church Road and Fordbridge Road directly opposite Ashford War Memorial.

It is set among other well known High Street retailers such as Boots, Costa Coffee and Co-operative food.

Let to provide a good income, the property may also suit future re-development or extension to provide further residential accommodation at first and possibly second floor levels, subject to all necessary consents being obtainable.

Commercial

Ground Floor

Open plan retail area with glazed frontage, rear hallway, kitchen area, store room and second store room accessed via the rear.

Outside

Off road parking.

Tenancy

Let on a 20 year lease from 2008 at a current rental of £42,120 per annum.

EPC Rating

61 (Band C).

Flat 62A (Vacant)

First Floor

Entrance hall, living room with open plan kitchen, two bedrooms and bathroom/W.C.

Tenancy

Previously let at £850 per calendar month.

Flat 62B

First Floor

Entrance hall, living room with open plan kitchen, two bedrooms and bathroom with W.C.

Outside

Roof terrace.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £850 per calendar month.

Planning

Interested applicants are advised to make their own enquiries with the Local Planning Authority, the Spelthorne Borough Council. Tel: 01784 446282. Website: spelthorne.gov.uk.
Residential EPC: TBC
Commercial EPC: C
62, Church Road, Ashford, TW15 2TS
FREEHOLD HIGH STREET BLOCK FOR INVESTMENT.
Type: Residential, Retail, Flat
Location: 62 Church Road, TW15 2TS
Size: 3000 Sq Ft
Images: 5
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*AVAILABLE AT £175,000 + FEES, CONTACT AUCTIONEER FOR DETAILS*

A self-contained flat situated on the first floor of this purpose built block, having access from the rear and now in need of refurbishment and modernisation. The flat is situated in the popular Broadmead area to the south of the town centre.

First Floor Flat

Rear entrance hall, living/dining room with balcony to front, kitchen, two bedrooms and bathroom with W.C.

Tenure

Sold on a new ground lease. Further details will be available from the Auctioneer's Office.

Leasehold with Vacant Possession

Residential EPC: TBC
124a, Broadmead, Tunbridge Wells, TN2 5RW
TWO BEDROOM FLAT FOR MODERNISATION
Type: Residential, Flat, General Retail, Office, Retail, Offices
Location: 124a Broadmead, TN2 5RW
Images: 1
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*AVAILABLE AT £235,000 + FEES , CONTACT AUCTIONEER FOR DETAILS*

An end-terrace property which, until recently, comprised of a ground floor retail shop with self-contained flat above. The property is situated at the end of a residential parade conveniently located for local shops and the centre of the County town of Maidstone.

Planning Permission has now been granted for conversion of the ground floor retail unit to provide a self-contained residential flat.

Planning

Planning Permission has been granted by Maidstone Borough Council, under ref: 17/500871/FULL, dated 25th April 2017, for change of use from A1 shop to residential flat, subject to conditions.

The Planning Consent and proposed plans will be available for download from the Clive Emson website or inspection at the Auctioneer's Office.

Proposed Accommodation

Ground Floor

Living room to front, inner hallway, kitchen, bedroom and shower room with W.C.

Outside

Courtyard and proposed parking space to front.

Existing First Floor Flat

Ground Floor

Entrance hall.

First Floor

Landing, living room to front, kitchen, bedroom and bathroom with W.C.

Outside

Garden to rear and parking space to side.

Tenancy

Let on an Assured Shorthold Tenancy Agreement at a current rental of £550 per calendar month.

Freehold with Part Vacant Possession

Residential EPC: TBC
454, Tonbridge Road, Maidstone, ME16 9JA
SELF-CONTAINED FLAT AND RETAIL UNIT WITH PLANNING FOR CONVERSION TO TWO FLATS.
Type: Residential, Retail, Office, Offices
Location: 454 Tonbridge Road, ME16 9JA
Images: 2
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*AVAILABLE AT £240,000 + FEES , PLEASE CONTACT AUCTIONEER FOR DETAILS*

Situated in the heart of Dover's High Street opposite the Charlton Shopping Centre and adjacent to Iceland, is this substantial property arranged as a restaurant and two residential dwellings.

Number 67 was previously let on a room-by-room basis and is now in need of total refurbishment. Number 69 is a five bedroom maisonette, which is in need of further improvement and redecoration.

It is considered that the units may be suitable for conversion to a number of flats, subject to all necessary consents being obtainable and, indeed, the entire property may be suitable for conversion into purely residential, subject to all necessary consents being obtainable.

Interested applicants are advised to make their own investigations regarding future uses with the Local Planning Authority, the Dover District Council. Tel: 01304 872486. Website: dover.gov.uk.

Existing Accommodation

Commercial

Main restaurant with serving counter, second seating area, commercial kitchen and ladies and gents W.C.

Residential

67 High Street (Left-hand side)

Ground Floor

External staircase leading to:-

First Floor

Entrance hall, two rooms, bathroom and separate W.C.

Second Floor

Landing (split level), kitchen, bathroom, separate W.C. and two rooms.

Third Floor

Landing and four rooms.

69 High Street (Right-hand side)

Ground Floor

External staircase leading to:-

First Floor

Entrance hall, living room, dining room and kitchen.

Second Floor

Landing, two bedrooms and bathroom with W.C.

Third Floor

Landing and three bedrooms.

Outside

Courtyard garden.

Freehold with Vacant Possession

Residential EPC: TBC
Commercial EPC: TBC
67-69, High Street, Dover, CT16 1EB
FREEHOLD BUILDING ARRANGED AS RESTAURANT AND TWO RESIDENTIAL DWELLINGS.
Type: General Retail, Residential, Retail
Location: 67-69 High Street, CT16 1EB
Images: 3
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