Shops for sale

An existing mixed use commercial property in central Luton with planning potential for an extra floor of B1 office space or Residential conversion.

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 approximately a 9 minute drive from Luton Airport.

Planning permission was submitted on 29th May 2018 for the construction of an extra floor of B1 office space extending to 4,499 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 Vendor has drawn up an alternative massing scheme for the retention of the ground floor use and the change of use of the 1st to 3rd floor into 62 shared living units (Sui Generis) extending to 10,599sqft NSA (14,532 sqft GIA).

Please call now for further information

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

Central Croydon

102 years remaining on lease at A PEPPERCORN.Currently run as a late night bar. (Four nights a week only) or change of use would suit other trades.

Indications are that a sub lease would produce an initial £90K per Annum plus a substantial premium.
Offers on excess of £1.25 Million for this virtual freehold property adjacent to the £1.5 Billion Westfield rejuvenation scheme due to start in a few month.

Sale due to health of Elderly owner, Incentives could be available for speedy completion.

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.

7 x retail units let to multiple tenants including NatWest, producing £141,950 p.a.

12 x existing apartments let on Assured Shorthold Tenancy Agreements

Planning permission for conversion and extension to create 13 x additional apartments

Offers are invited in excess of £3,750,000 for the freehold interest

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 )

Single storey modern 13,750 ft2 retail warehouse on rapidly expanding industrial estate.

Highly prominent corner position at junction of A.41 and A518 directly opposite Aldi

Large on-site car park & yard.

Price guide £11.50 per ft2 to rent or £1.85M to purchase

Expressions of interest (Principals or named Principals only please) to the agent

• Ladbrokes on ground & first floors plus two flats above

• Income: £42,300 per annum

• Price: £410,000 (9.9% yield)

• No VAT

The property is centrally located within the town of Worksop on the pedestrianised Bridge Street. Nearby occupiers include Natwest Bank, Boots, HSBC and Poundstretcher. The property is within close proximity to Worksop's Savoy cinema development.
Worksop is located 28 miles north of Nottingham and 20 miles south-east of Sheffield. The town benefits from good communication links with the A57, providing connections to both the M1 motorway and A1 dual carriageway.
The property is a mid-terraced brick built listed building set over three floors. The ground floor consists of two self-contained retail units and an entrance lobby with staircase to provide access to the first and second floor office accommodation. The building has single glazed windows throughout and has W/Cs and kitchen facilities in each individual unit.
To the rear of the property the building benefits from a self-contained car park which is shared between the three units on a permit basis.
( Agency Pilot Software Ref: 2040311 )

Former public house with development opportunity.
Prominently located on Thornton Road close to the city centre.
Would suit alternative uses (subject to necessary consents).
( Agency Pilot Software Ref: 4151 )

Ground floor Retail/Restaurant Premises, Busy town center location


( Agency Pilot Software Ref: 177 )

Main Katherine Road
Freehold
Rental income from Shop: £1100 x 12 = £13,200pa
Rental Income from the flat: £1500 x 12= £18000pa
Total Rental Income: £31,200pa

GROUND FLOOR: A1 Retail Unit - 1000sqft approx

FIRST FLOOR
Lounge: 14' 9" x 11' 2"
Kitchen: 10' 6" x 9' 6"
Bedroom ONE: 14' 10" x 13' 1"
Toilet and Bathroom

SECOND FLOOR
Bedroom TWO: 14' 10" x 13' 1"
Bedroom THREE:- 11' 1" x 10' 10"

Viewing STRICTLY by Appointment

For viewing please contact Dee Estates on:
0207 060 3366 – 07711 222 900
(Monday to Saturday STRICTLY between 9am to 7pm)




Disclaimer:
These particulars do not constitute, nor constitute any part of, an offer or contract. All statements contained in these particulars as to this property are made without responsibility on the part of or the vendors or lessors. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All measurements have been taken as a guide to prospective buyer only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Kindly inform us if you become aware of any information being inaccurate

A prime residential investment opportunity in the heart of Ealing for 9 flats extending to 5,108 sqft NSA.

The property is a 7 minute walk from Ealing Broad Way London Underground Station (District Line). Ealing Broadway station will benefit from major improvements as a result on the imminent opening of the Elizabeth Line (Crossrail) which will provide services into Bond Street within 11 minutes, Liverpool Street in 18 minutes, Canary Wharf in 25 minutes, Heathrow terminals 2 & 3 within 14 minutes and Reading in 42 minutes.

The 9 flats comprise the upper parts of 11/12 The Green, above a Starbucks retail unit and consist 1 x studio, 4 x 1 beds, 3 x 2 beds and 1 x 3 bed flats.

8 of the flats are let on ASTs with a passing rent of £130,791 pa. Based on the current passing rents we are of the opinion that if fully let the ERV of the property would be approximately £147,791pa reflecting a gross initial yield of 4.90% at a purchase price of £3,000,000. Please see attached a copy of the tenancy schedule.

The flats are being sold by way of a 999 year lease at a peppercorn rent.

For Sale / To Let - Units on 8 acres on a distinct development site, with planning consent for B1b, B1c, B2 and B8 uses. - G@Glasshoughton is a new generation of business accommodation, comprising four development sites covering 24 acres in a highly visible location off Junction 32 of the M62. This is already a well-established location with existing office, production and distribution operators, as well as a prominent retail and leisure destination, making this a high profile location.

G @ Glasshoughton can accommodate requirements from 2,500 - 100,000 sq ft.

The scheme has outline consent for B1/B2/B8 uses and units are available on a design and build basis on new lease terms.

The proposed development will create a high quality trade counter / industrial scheme incorporating a variety of different sized units to accommodate all requirements. Bespoke specifications will be considered but as a standard will incorporate a roller shutter door, glazed entrance feature with an office and welfare facilities.

For Sale / To Let - Units on 4 acres on a distinct development site, with planning consent for B1b, B1c, B2 and B8 uses. - G@Glasshoughton is a new generation of business accommodation, comprising four development sites covering 24 acres in a highly visible location off Junction 32 of the M62. This is already a well-established location with existing office, production and distribution operators, as well as a prominent retail and leisure destination, making this a high profile location.

G @ Glasshoughton can accommodate requirements from 2,500 - 100,000 sq ft.

The scheme has outline consent for B1/B2/B8 uses and units are available on a design and build basis on new lease terms.

The proposed development will create a high quality trade counter / industrial scheme incorporating a variety of different sized units to accommodate all requirements. Bespoke specifications will be considered but as a standard will incorporate a roller shutter door, glazed entrance feature with an office and welfare facilities.

Freehold retail investment producing £80,000 per annum, prime High Street location next to Primark, Let to Signet Jewellers Ltd trading as H Samuel and Betfred, properties available separately or as a single lot, Price : £890,000 for whole or £425,000 for 82 and £465,000 for 82A , Prices reflect net initial yields of 8.56%, 10.15% and 7.25% respectively

The property provides two self-contained retail units arranged over ground, first and second floor levels, providing ground floor retail areas, with ancillary staff and storage accommodation on the upper floors.

LOCATION
Scunthorpe has a population of circa 76,000 and is located approximately 30 miles south west of Hull and 21 miles east of Doncaster. The town is located at the junction of the A1077 and the A159, 5 miles north of the M180, which links to the M18 at J5, 16 miles to the west of the Town Centre.

The property is situated in a prime location on the High Street, the town’s principal retailing thoroughfare.

The property sits adjacent to Primark, with other nearby occupiers including Sports Direct, Topman, Ernest Jones Jewellers, Superdrug, WH Smith, New Look, B&M Bargains and Poundland.

COVENANTS
Signet Jewellers Limited are the worlds largest retailer of diamond jewellery with over 3,600 stores globally. In the UK the company trades under the brands H Samuel and Ernest Jones and has 510 stores.

The Betfred Group Limited operate from nearly 1,700 shops in the UK and generated a turnover for the year ending 24/09/2017 of £634,474,000. The company have a Creditsafe rating of 79/100.

TENANCIES
The two properties are let as follows:
No. 82 is let to Betfred on a lease expiring on the 10th January 2019.
The current passing rent is £45,000 per annum. The lease is drawn on Full Repairing and Insuring terms.

No. 82A is let to Signet Jewellers Limited trading as H Samuel on a 5 year reversionary lease expiring on the 18th November 2026 with a current passing rent of £35,000 per annum. The lease is drawn on Full Repairing and Insuring terms.

PROPOSAL
Offers are invited for the Freehold interest in the property either as a whole or for the individual units on the following basis :
Nos. 82 and 82A: £890,000
No. 82 Let to Betfred: £425,000
No. 82A Let to Signet Jewellers Ltd: £465,000

These prices reflect the following Net Initial Yields after standard acquisition costs:
Whole property: 8.56%
No. 82: 10.15%
No. 82A: 7.25%

EPC RATINGS
No. 82 D80
No. 82A D90

VAT may be payable in addition to the purchase price. However the Vendors will consider a sale of the property by way of a TOGC.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

VIEWING
To view the premises and for any additional information please contact the joint agents

Banks Long & Co
Contact: James Butcher
T : 01522 544515
E : james.butcher@bankslong.com

OR Joint Agents

Colliers International
E : tom.cullen@colliers.com
E : callum.robinson@colliers.com

The property is situated on the northern side of the A13 London Road at the junction of Cricketfield Grove.

The premises has a frontage on the London Road in excess of 90 ft. and a return frontage on Cricketfield Grove in excess of 20 ft.


The property comprises of 2 open plan office/retail areas with central communal area for W.Cs/kitchenette. This current layout offers the purchaser good potential to split the units if required offering communal facilities between the units.

The unit is part of a new development with residential apartments above.

Eastern unit (approx.): 1,036 sq. ft. (96 sq. m.)
Max shop width: 14.53m (47’ 8’’)
Max shop depth: 7.30m (23 ‘ 11’’)

Western unit (approx.): 1,421 sq. ft. (132 sq. m.)
Max shop width: 12.98m (47’ 7’’)
Max shop depth: 21.12m (69’ 3’’)

Total approx. area: 2,457 sq. ft. (228 sq. m.)

- Guest House with Owners Accommodation and Adjoining End of Terrace House
- Situated within 500 yards of Maldon's Historic Quay and Promenade
- Business / Investment / Conversion Opportunity (STPP)
- Ground Floor Guest House Comprising 5 En Suite Bedrooms, Dining Area and Kitchen
- First Floor Owners Accommodation
- Two Bed End of Terrace House
- Available due to Retirement
- Available Immediately
- Rear Car Park
- Offers in Excess of £625,000 (No VAT).
( Agency Pilot Software Ref: 14868685 )

Comprises two ground floor retail units forming part of a mixed refurbishment scheme. The units are ready for the installation of the occupier’s fitout, with no. 69 having additional basement accommodation.
Both units have external display areas to the front of the premises.
Both properties are available on a virtual freehold (999 year lease).

PRICE
67 Station Road £135,000

69 Station Road £140,000
(subject to contract)

The property comprises a long leasehold retail unit with residential flat above and is located within a neighbourhood shopping complex; Longsands Parade. The parade fronts Longsands Road, which connects to Cambridge Street providing direct access to St Neots High Street, approximately 2 miles from the property. Adjacent occupiers include Nisa Local and food operators. The end of terrace shop is currently used as a hairdresser and provides front reception, salon area, rear storage and staff room. Facilities include electric heating, fluorescent lighting, kitchenette and WCs.
( Agency Pilot Software Ref: 413176 )

The property comprises a former Oast House and Maltings. These are C18th buildings and are the only remains of the John Day Brewery which occupied much of the immediate surrounding area. Most of the brewery buildings were demolished in the 1960's but the Oast House and Maltings were preserved. The Oast House which forms the centrepiece of the property was a kiln for drying barley which is now a Scheduled Ancient Monument. Adjoining properties include the Priory Centre, and it is located within 100 metres of the town's busy High Street.

The property was historically used as a snooker and pool centre with bar. In recent years the property has undergone substantial refurbishment and turned into an upmarket private members club and sports bar. The recent refurbishment included the provision of a decent sized modern, high quality fully fitted kitchen range.

( Agency Pilot Software Ref: 413095 )

The property comprises a ground floor shop with two long leasehold residential flats above and is located in a prominent position in the heart of Sandy town centre. It is in a prime retail location adjacent Market Square and nearby retailers include Co-op, Subway, Barclays, Coral and Lloyds Pharmacy.

Internally the ground floor provides an open plan shop, kitchenette, WCs and rear courtyard. The flats above are both two bedroom and are accessed from the rear of the property.

( Agency Pilot Software Ref: 411393 )

The subject property is situated in Bury St Edmunds, an affluent market town in Suffolk. The town is approximately 28 miles east of Cambridge, 26 miles north west of Ipswich and 40 miles south west of Norwich. The property is a Grade II listed mid terrace building arranged over basement, ground, first, and second floors.

- Former Natwest Bank premises arranged over ground, basement, first and second floors
- Totalling 8,249 sq ft
- Offers in excess of £1,100,000
- The unit benefits from A2 use.

Commercial Freehold Investment Fully Let with Tenant in-situ.

◾Commercial Freehold
◾A1 Retail Premises
◾Tenanted
◾High Footfall
◾Substantial Development in Area
◾Planning for Part-Resi Development
◾Sought-After City Road
◾Close to City Centre

David's Homes are delighted to offer this Freehold Investment property situated on busy City Road in Cardiff. This is a tenanted property with the business unaffected, briefly comprising a ground floor retail unit, circa 430 sqft, with ancillary rooms to the first floor.

There is also planning for part-residential development of the property. Call for details.

VIEWINGS STRICTLY BY PRE-ARRANGED APPOINTMENT WITH DAVID`S HOMES. - DO NOT APPROACH MANAGER OR STAFF AT THE PREMISES UNDER ANY CIRCUMSTANCES, THANK YOU.