Shops for sale

Prominent period building with planning permission for retail, office and residential development.

The property comprises a four storey building plus basement. The ground and basement levels are in retail (A1) use; the first and second floors consist of B1 floorspace (which is currently partly occupied); and the third floor is residential (vacant).
Planning permission has been granted for rear extensions to create enlarged retail space at basement and ground floor, retention of existing office space at first and second floors, and three flats arranged over first to third floors (2 x 1 bed flats and 1 x 2 bed flat).

The consented accommodation comprises 2,993sqft GIA of retail, 1,636sqft GIA of office accommodation, and 2,077sqft NSA of residential accommodation.

The freehold interest is available with vacant possession.

A mixed-use development opportunity benefiting from detailed planning consent for a part conversion and extension to provide ten apartments, retaining the ground-floor commercial space, seconds from all local amenities.

Upper Parts & Ground-Floor Commercial may be purchased separately or as one

Upper Parts Guide Price: £1,250,000, STC

Ground-Floor Commercial & Freehold Guide Price: £1,000,000, STC, with a current income of approx. £71,000 PA

Proposed scheme comprises upper parts conversion & extension to provide a mix of 10 apartments, broken down as 1 x studio, 7 x 1 bed & 2 x 2 bed apartments (2 x affordable)

500 feet from Elstree & Borehamwood Railway Station

Detailed planning consent, application reference 17/1010/FUL from Hertsmere Borough Council

Potential for an enlarged scheme, subject to necessary consents

Bid deadline: Monday 11th June 2018 at Midday

• Outline planning permission for C2 use care development
• Suitable for a variety of uses including care, retirement, residential, retail & roadside (subject to planning permission)
• Offers invited

The property comprises a single storey building constructed of brick, clad in profiled metal. The property includes main retail area, WC's, office/storeroom and kitchen area. The property has its own off-road parking to the front and side, with parking for approximately 8-10 cars.
( Agency Pilot Software Ref: 2632 )

Situated in the north east of Portsmouth Town Centre.Excellent road frontage to the A3.Approximately 0.26 acres (0.11 ha) in size.
The property, which is approximately 0.26 acres (0.11 ha) in size, is situated in close proximity to the centre of Portsmouth and its main shopping district. The property is used as a petrol filling station (Sui Generis), currently let to Texaco, with a car wash and a large hardstanding / parking area.

FLAT SITE WITH DEVELOPMENT POTENTIAL ADJACENT TO TESCO



(From Caldes Software. Property Ref: N87463. May 23 2018 11:29AM)

Rare opportunity to purchase a substantial block of period property in the centre of Penrith, suitable for a variety of uses.

Capable of sub-division.

Redevelopment opportunity.

For Sale as a whole.

681-683 Wimborne Road comprises a mid-terraced three storey building. 683 Wimborne Road comprises a double fronted ground floor lock up shop currently occupied by a national estate agent. The ground floor shop is arranged with a retail area, offices and kitchen to the rear. 681 Wimborne Road is accessed via a separate ground floor entrance with stairs to the first and second floor offices. Access to the property can be at the front or alternatively at the rear via a separate entrances with off road parking immediately adjacent to the building.

( Agency Pilot Software Ref: 5371 )

Retail Investment 1,002sq ft

Multi-Let Retail Investment
Affluent Catchment and Quality Retail
Unit A - 573 sq ft
Unit B - 429 sq ft
Gross yield 7.25%
SAT NAV: DE73 8FE

Location
Units A & B, 29 Derby Road comprises two ground floor retail premises located in a thriving town 8 miles south of Derby, with an affluent catchment and quality retail offering comprising both national and independent retailers.

The property is located opposite William's Yard and within walking distance of the town centre. The town is situated 8 miles from the M1 and approximately 4 miles from East Midlands Airport.

Description
A rare opportunity to secure a Freehold within this attractive Derbyshire town.

Access to the property is directly from Derby Road. Once a larger retail property, the ground floor retail space has been split and let as two separate premises.

Unit A is the larger of the two spaces consisting of a large display window and further display window fronting Blanch Croft. This unit also benefits from having a cellar.

Unit B has smaller sliding sash-style windows and a separate pedestrian entrance, with two steps leading to a principal retail area and further fitting room and store space beyond.

Both shops benefit from independent tea-making and toilet facilities and are heated by electric panel heaters.

Accommodation
The property has been measured in accordance with the RICS Code of Measuring Practice and extends to 93.10 sq m (1,002 sq ft).

Unit A: 53.25 sq m (573 sq ft)
Unit B: 39.85 sq m (429 sq ft)

Tenure and Possession
Unit A: The Air Ambulance: FR&I lease commencement 5th July 2017, Lease expiry 4th July 2022, Rent Review 5th July 2021. Passing rent £15,250 per annum. The Tenant benefits from a break option at 4th July 2020 with 6 months' prior notice.

Unit B: Phoebe Paling: FR&I lease commencement 20th October 2016, Lease expiry 19th October 2022, Rent Review 19th October 2019. Passing rent £10,500 per annum.

Both Leases are available on request and are excluded from Sections 24 to 28 of the Landlord and Tenant Act 1954.

The property is to be sold Freehold Subject to Tenancy. Each party to bear their own legal fees.

VAT
VAT is not chargeable in addition to the sale price.

Business Rates
According to information provided on the Valuation Office Agency website, Unit A has a 2017 Rateable Value of £10,500. Unit B has a separate Rateable Value of £5,600.

EPC
The property has an EPC Rating of E.

Commercial with Development Potential
Size 70.29 sq m (757 sq ft)
( Agency Pilot Software Ref: 2838 )

The premises comprise a self contained ground floor shop, which provides an open plan sales area to the front with a WC and kitchen to the rear. The shop is attractively fitted out with timber laminate flooring and plaster ceiling with inset spot lighting.

The premises are situated in an prominent corner position fronting on to Catherine Street at its junction with Etna Road. The premises are just under 200 metres from the junction of Catherine Street and St Peters Street.

DEVELOPMENT OPPORTUNITY
(SUBJECT TO PLANNING)
Approx. 2,625 SQFT (243.9 SQM)

FREEHOLD
FOR SALE
LOCATION

Royal Tunbridge Wells is situated in West Kent, close to the border with East Sussex and at the northern edge of the High Weald Area of Outstanding Natural Beauty. Tunbridge Wells Borough has a resident population of around 100,000 people; the town itself comprises a population in the order of 56,000.

The town’s mainline station provides regular services to London Bridge, Cannon Street, Waterloo East and Charing Cross Stations to the north (approximately 45 – 60 mins), and Hastings to the south (40 mins). The town is located on the A26, which links via the A21 dual carriageway with Junction 5 of the M25 motorway.

The town is known as a shopping destination and is one of the most important retail and leisure centres in Kent, and arguably for the area between London and Hastings. The Royal Victoria Shopping Centre to north of the town has approximately 100 stores and services. The historic Pantiles Parade and High Street are situated to the south, and are well known for the excellent selection of boutique shops, restaurants and bars.
SITUATION

The property is situated on the southern side of Church Road, close to the town centre and the junction with the A26. This section of Church Road comprises a mix of residential, office, leisure and residential uses, and is characterised by its Georgian and Victorian architecture. Tunbridge Wells Station is within an approximate 7-minute walk of the property, which provides regular train services to central London.
DESCRIPTION

An attractive end of terrace Victorian bay fronted property constructed of predominately-painted brickwork under a pitched slate roof.

The property is currently arranged as a ground floor restaurant with part basement and non self-contained living accommodation over first and second floor levels. There is a small yard to the rear.
TENURE

Freehold

TENANCY

To be sold with vacant possession.

PLANNING

English Heritage Listed Status

The property is not listed.

Conservation Area

The property is within the Royal Tunbridge Wells Conservation area.

All parties must rely on their own investigations.

Subject to planning and any other necessary consents, the property might be suitable for a range of alternative uses including full residential conversion.

COUNCIL TAX

The Flat at 31 Church Road is listed on the VOA as being within Council Tax band B.

BUSINESS RATES

The current rateable value is listed as £8,400.

ENERGY PERFORMANCE CERTIFICATE (EPC)

Rated D 76

VAT

The property is not elected for VAT

PROPOSAL

We are instructed by our clients to seek £425,000 exclusive for the freehold interest in the property, subject to contract.

The property comprises a mid-terraced retail unit arranged over four storeys. The property is fully fitted out as a restaurant, ready for immediate occupation.

- Fully fitted restaurant premises
- Former Prezzo
- Prime town center location

The property is located in Cumnock, a small town in East Ayrshire approximately 15 miles east of Ayr and 40 miles south of Glasgow. The property comprises a three storey Grade B Listed stone building beneath a pitched roof. There is a small garden to the rear. The property has been operating as a bank so we understand has Class 2 planning use with permitted change to Class 1 (shops). The building is Category B Listed and situated within a Conservation Area and a Smoke Control Zone.

- Prominent former bank branch with office accommodation above.
- Ground , first and second floors for sale
- Offers over £100,000 are invited
- Not registered for VAT
- Category B Listed
- Situated in a Conservation Area and Smoke Control Zone

RETAIL /LEISURE INVESTMENT OPPORTUNITY

FREEHOLD

FOR SALE
Approx. 2,882 SQFT (267.89 SQM)
LOCATION

Borough Green is a large village situated in West Kent, in the Tonbridge and Malling district. The village is well situated on the A25 Road, connecting the towns of Maidstone and Sevenoaks.

The premises are situated in the High Street, Borough Green close to the town’s shops and within walking distance of the main line station.

DESCRIPTION

49 High Street – Lower Ground Floor Restaurant (VACANT)

Comprising a separate lower ground floor and basement fitted out as a restaurant and set within a substantial and prominent building of traditional red brick and rendered construction beneath a riled roof. The premises are currently vacant.

The restaurant is primarily open plan. There are a number of kitchen items that may be included with the letting/sale subject to terms agreed. The building is connected to gas, electricity, water and drainage (not tested).

49 High Street – Ground Floor Bar/ Café

Comrpises a large open plan bar premises with male and female WCs and ancillary storage areas to the rear.

Lease details

Tenant: Mr. Paul Hamilton Bowman and Irina Bowman
Term: 5 years from 28.06.2011 (a new lease is currently being negotiatied)
Passing rent: £20,000 per annum
UPPER PARTS

The upper parts comprise 3 flats which have been sold off on long leases. There is on street parking to the front of the building.

It is understood the flat leases are 99-years with terms commencing 1998 (approx. 79 years remaining). Each flat currently pays a ground rent of £100 per annum.

FLOOR AREAS

The units have the following approx. gross internal floor areas:



FREEHOLD SALE

We are instructed to seek offers in the order of £350,000 exclusive, for the freehold interest, subject to contract.

BUSINESS RATES

Lower Ground – Rateable value of £16,750
Ground Floor – Rateable value of £9,350

COMMERCIAL EPCS

Basement 49 High Street – Rated G with a score of 151

Ground Floor 49 High Street – C with a score of 53

This former Natwest bank building occupies a prime trading location on the high street in Kirkham. Poulton Street is the main high street and thoroughfare and benefits from a wealth of passing pedestrian and vehicle trade. The building fronts onto Poulton Street and has a return onto Birley Street. There is a rear car park also accessed off Birley Street.


( Agency Pilot Software Ref: 5684 )

Prominent Roadside Position
On Street Parking
Rates Exempt
218sq ft
£125per week (£6,500p.a.)

Location

The subjects are located on the East side of Kirkton Street at its junction with Union Street to the North within the town of Carluke. Carluke has a resident population of 13,500 persons and is located within the district of South Lanarkshire approximately 23 miles to the South of Glasgow and 7 miles south of Hamilton. The town is easily accessed via public transport links with several rail stations and bus stops linking Carluke to Glasgow, Hamilton & Airdrie centres.

Neighbouring occupiers include The Kirkton Inn, Bank of Scotland, Asia Tandoori & The Gallery Restaurant.

Subjects

The subjects comprise a ground floor retail unit within a 2 No. storey sandstone tenement surmounted by a pitched tile roof with single frontage onto Kirkton Street. The subjects benefit from waffled display window with single UPVC double glazed door entry behind a traditional heavy timber door.

Internally the subjects have been fitted out by the previous occupier as a barber shop with floors being overlaid in dark laminated timber, faux leather bench seating and large wall mounted mirror with 2 No. swivel chairs. Lighting is provided by way of ceiling mounted fluorescent strip lights along with benefitting from single w.c.

The subjects are in excellent condition and would suit any barber shop / nail bar occupier looking for minimum fit out.

Area

The subjects have been measured on a Net Internal Area basis to offer the following;

Ground: 20.21sqm (218sq ft)


NAV/RV

The subjects have been assessed and entered onto the valuation roll with the following NAV/RV;

£3,950

Proposal

The subjects are available to let on a new full repairing and insuring lease for a negotiable term for £6,500per annum (£125per week)

V.A.T.

The subjects have not been elected for V.A.T.

E.P.C.

Available on request

North End Road, SW6 1NL Very Busy Location Compact 52-seater restaurant with outdoor terrace
Prominently located unit fitted to a very good standard on the very busy North End Road, SW6. Currently trading as an Italian Restaurant/Cafe for sale at a Premium. Located 0.3 miles from Fulham Broadway.

Annual rent of £34,000 | Premium of £160,000 | Rates £10,000 TBC by local authority | Delivery and eat in | Full sized ground level and lower ground level | Approx 52 covers inside with an outdoor terrace

Lease: until December 2025 renewal thereafter
Postcode: SW6 1NL
Area: 1,500 Sq/Ft approx
Sales: £4,000 per week approx
EPC Rating: D

Nearby operators include Cote Brasserie, Vagabond Wines, Bodeans, Patisserie Valerie, German Doner Kebab, Waitrose, Whole Foods Market & M&S Foodhall and many International and Continental outlets.

For more information or to arrange a viewing please email or call Residenza Properties Ltd

The property is situated just off Fleet Street on a prominent corner location at the junction of Bouverie Street and Pleydell Street. Chancery Lane, Temple and Blackfriars Underground Stations & City Thameslink are all within walking distance. There are numerous office occupiers close by and the property is close to the Inns of Court. Nearby occupiers include are Starbucks, Pret a Manger, Paul, McDonald’s, Ryman, NatWest and HSBC banks and Robert Dyas.

Current Gross Rent Reserved at £53,500 pa

The ground floor trades as a Vietnamese A5 takeaway with ancillary accommodation and WC to the basement

Gross frontage: 15' 5" Net frontage: 12' 11" Shop & built depth 15' 9"

Representing a gross yield of 4.2%, before all costs

Held for a term of 999 years from 25th March 2003 at a ground rent of £200 per annum. The ground rent will double in 2028 and thereafter double every 25 years until 150 years from commencement

Let to KIM'S VIETNAMESE LIMITED for a term of 15 years with no break clause from 5th September 2014 at a current rent of £53,500 per annum

The lease provides for rent reviews every fifth year of the term to the higher of open market rent or the current rent increased by RPI

The lease contains effectively full repairing and insuring covenants by way of service charge. In-place security package includes 6 months rental deposit and 2 personal guarantees from current and prior

The subject property is on the edge of Ocean Park & Cardiff Bay. The estate comprises new modern specification light industrial accommodation with the benefit of links onto the M4 via the A4232 PDR.  The immediate area of Ocean Park is an established and thriving business location for a wide variety of Industrial, Trade Counter and Office occupiers. The subject unit comprises steel portal framed industrial warehouse accommodation with part brick and part colour coated steel clad elevations. Access is via pedestrian and roller shutter doors. The unit benefits from having a reception/office area, a small kitchen and W/C accommodation.  The unit has a large shared forecourt / turning area with 4 designated car parking spaces.  The unit has 3 phase electrics, mains water and gas supply.

Totnes is an attractive market town approximately 22 miles south west of Exeter with a resident population of approximately 8,000 people which is boosted significantly by tourism. The premises are situated in a good position in Fore Street adjacent to Cancer Research, opposite Fat Face and close to Peacocks, WH Smith, Superdrug and Lloyds Bank.

- Located on Fore Street, Totnes
- Ground and first floors
- Available by assignment or sublease

The premises are situated in the busy Apsley area on the southern side of Hemel Hempstead, close to the junction with the A41 and on the busy route to Sainsbury and the retail warehouse parks nearby, which include Halfords, Currys and Homebase. There is street parking infront as well as the large retail park with Dunelm100 yards away

The property comprises a two storey shop currently divided in to 2 on the ground floor with a small kitchenette at the rear and WC. There is a large aluminium glazed shop front. Heating is from electric heaters. On the first floor are 2 rooms useable as storage.

Superb Frontage
Ground Floor & Basement
Rates Exempt
726sq ft
£13,000p.a.x.


Location

The subjects are situated on the South-East side of Pollokshaws Road at its junctions with Kilmarnock Road to the West & Moss Side Road to the North West within the popular Shawlands area of Glasgow only 2 miles south of Glasgow City Centre. Shawlands is in close proximity to both M8 & M74 motorways along with excellent public transport links by way of bus routes along Pollokshaws Road and Crossmyloof Train Station in close proximity. Neighbouring occupiers include Co-Operative Food Store, The Granary Public House, Blue Lagoon, Shawlands Dental Practice and Shawlands Academy School.

Subjects

The subjects comprise a ground floor and basement retail unit within a larger 3 storey blonde sandstone tenement building overlaid by a pitched slate roof. The subjects benefit from communal car parking to the rear with access via Baker Street along with on street parking within the Shawlands area along Pollokshaws Road and opposite on Moss Side Street. The subjects are secured by electric roller shutter exposing a timber framed glazed frontage with single door access leasing to the main sales area which have been decorated in a rustic manner with partially exposed brick along with plasterboard sheeting which has been skimmed and painted with lighting provided by way of ceiling mounted pendant light fittings, the floors have been skreeded and polished with partial timber area at the wash hand basins.

The basement is accessed via an internal timber staircase with the basement having been decorated in keeping with the ground floor, the area is primarily open plan with partitioned W.C. and private office. The floors are of skreeded concrete with lighting provided by way of recessed halogen spots.

The subjects benefit from electric roller shutter, CCTV, Wash Hand Basins at ground floor and basement, private office with DVR and W.C. facilities.


Area

The subjects have been measured on a net internal area basis to form the following;

Ground: 33.48sqm (360sq ft)
Basement: 33.98sqm (366sq ft)

NAV/RV

The subjects have been assessed and entered onto the valuation roll with the following NAV/RV

£10,000

The subjects benefit from 100% rates exemption under the small business rates relief scheme.

Proposal

Our client is offering the subjects on a new full repairing and insuring lease for a negotiable term for £13,000p.a.x.

V.A.T.

The subjects have been elected for V.A.T.

E.P.C.

Available on request

The subject premises is a prominently positioned 3 storey building comprising retail and office accommodation previously occupied by Nationwide Building Society.

Internally, the building is in a good decorative order and is carpeted throughout with gas fired central heating with the ground floor accommodation also benefitting from suspended ceilings with inset lighting and air conditioning.

With regards to internal configuration, the ground floor was previously used as the main banking/sales area in addition to WC and kitchenette facilities. At first floor level there is a mixture of offices and meeting rooms with the second floor comprising further offices and a kitchen / breakout room for staff. There are W/C facilities on each level.
( Agency Pilot Software Ref: 2039144 )