Shops for sale

Greater London Industrial/Trade Counter Investment with Residential Redevelopment Potential

Located in the established commercial centre of Croydon, immediately off Purley Way (A23) equidistant between Central London and the M25.

0.6 acre Freehold site

Two industrial/trade counter units extending to 14,785 sq ft (GIA)

Fully let to Rexel UK Ltd and Euro Car Parts Ltd for a WAULT of 5.7 years to lease expiries (3.6 years to breaks)

Low rent of £135,000 per annum reflecting £9.16 sq ft

Excellent redevelopment prospects for a residential led scheme, subject to planning.

Price on application

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

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.

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 )

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.

The premises briefly comprise a stone built terrace retail property set in the heart of King Cross Rd benefitting from a prominent high street position. The property boasts well planned accommodation set out over four floors benefitting from a basement providing loading access to the rear along with parking for approximately two cars.

The upper floors are currently used as storage but could easily be converted back to residential (STPP) should a purchaser wish to do so. A fully fitted bathroom to include shower facilities are provided within the unit and the property benefits from a gas fired central heating system throughout.

Services to include gas, electricity, water and drainage are believed to be connected to the premises. Please note these services have not been tried or tested and any interested parties are advised to satisfy themselves as to their suitability and condition.
( Agency Pilot Software Ref: 1659 )

The property comprises a two-storey brick built building with pitched slate roof.

The ground floor comprises a retail unit, the upper floors a self-contained apartment.

The ground floor includes large display window with recessed doorway leading to the main retail space which includes carpet to the floors and a mixture of tiled and plastered walls, beyond which are two stores areas with rear access and single WC facility.

The first floor comprises a two bedroom flat.


( Agency Pilot Software Ref: 2743 )

Licensed: A3
Size: 467 SQ FT

Rent: £15,500 per annum
Rates: TBC with Local Authority
Premium: £70,000

Lease Expiry: 2032,14 years remaining then on renewable (inside L&T Act).
Next Rent Review: 2022, then on every 5 years

Additional Information
Newly Refurbished
24 Seats
Additional 8-12 Seats can be put on forecourt as currently used
Delivery with Uber Eats and Hungry House

Licensed Hours
Mon-Fri 11am-11pm,Sat 11am-Midnight, Sun 11am-11pm

Floorplan can be provided upon request.

Viewings Strictly by appointment only.

Prominent High St Location
Ground & 1st Floor
1,070sq ft
Passing Rent £10,000p.a.x
Lease Expiry August 2036
£100,000 (G.I.Y 10%)


Location

The subjects are located approx 0.25miles North of the town centre on the A921 just North of the main road junction with Dunnikeir Road in a tertiary trading location with a dense residential occupation in close vicinity to the subjects. The subjects benefit from being on the arterial route toward and away from the town centre with high volumes of passing traffic along with neighbouring occupiers including Brodies Bar & Spaghetti Tattoo Studios.

Subjects

The subject comprise a ground and first floor retail unit plus residential dwelling within a traditional constructed 3 storey building surmounted by a pitched tile roof. The subjects benefit from a double frontage commercial unit at ground floor with access to the upper floors via an adjacent doorway leading to a common close with single concrete stairwell.

The ground floor commercial unit comprises a double frontage of aluminium framed glazed persuasion with the subjects having been painted and decorated by the tenant in-situ. Lighting is provided by way of recessed fluorescent strip lights and recessed L.E.D. spot lighting within a suspended plasterboard ceiling. The subjects benefit from staff w.c., store, and tea prep area to the rear.

The subjects also benefit from partial internal partitioning to form an Indian take away with kitchen and counter facility to the rear working in conjunction with the convenience store.

The subjects also benefit from a spacious residential dwelling at first floor which is occupied by the tenant, the subjects have been refurbished by the tenant with well appointed kitchen and bathroom with scenic views to the South.

Area

The subjects at ground floor have been measured on a Net Internal Area to form the following floor area;

Ground: 99.4sqm (1,070sq ft)

NAV/RV

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

£9,800

The subjects benefit from 100% rates exemption under the Small Business Rates Relief Scheme

Investment

Tenant: Private Individual Name
Type: Full Repairing & Insuring
Passing Rent: £10,000p.a.x
Rent Review: Every 5th Anniversary
Term: 20/8/2015 - 19/08/2036

Price

Our client is offering their freehold interest in the subjects for £100,000 (+V.A.T.). The transaction will be treated as a ToGC, further information available on request

V.A.T.

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

E.P.C.

Available on request

Viewing

Strictly by appointment ONLY

An opportunity to purchase this freehold investment, comprising commercial premises on the ground floor with a one bedroom apartment above. The property benefits from full planning permission to convert the ground floor commercial premises into a further one bedroom apartment.
( Agency Pilot Software Ref: 20009867 )

Greater London Industrial/Trade Counter Investment with Residential Redevelopment Potential

Located in the established commercial centre of Croydon, immediately off Purley Way (A23) equidistant between Central London and the M25.

0.6 acre Freehold site

Two industrial/trade counter units extending to 14,785 sq ft (GIA)

Fully let to Rexel UK Ltd and Euro Car Parts Ltd for a WAULT of 5.7 years to lease expiries (3.6 years to breaks)

Low rent of £135,000 per annum reflecting £9.16 sq ft

Excellent redevelopment prospects for a residential led scheme, subject to planning.

Price on application

Ground Floor Retail Unit Extending to c. 2,314 sq. ft.
A refurbished ground floor retail unit extending to 2,314 sq.ft. The unit has frontage onto William Street and is located on the Town’s main retail pitch. The property will be refurbished initially to shell specification with possible input from the occupier. The accommodation will also include a storage area and staff WC. The unit can also be accessed via the Union Place car park to the rear of the building. Externally the unit will be finished with a plaster render and a glazed shop front.

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.

Development opportunity - mixed use commercial investment premises. Comprising two-storey office accommodation and separate ground floor retail unit. Currently part income producing - offices are vacant, retail unit let to florists. Suitable for part residential conversion, subject to planning permission. Located in predominantly residential area.

The property is a Grade II Listed Building which benefits from substantial refurbishment throughout to create modern three storey office accommodation. The property has retail frontage onto High Street, a pedestrianised thoroughfare within Rotherham Town Centre with rear frontage onto Vicarage Road.

- Prime offices with retail frontage having redevelopment potential
- Situated in Rotherham Town Centre with frontage on to High Street, Rotherham
- Part freehold | Part long leasehold

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.

The property is a two-storey end of terrace traditional 19th century public house with generous car park and small beer garden The ground floor area is 2,198 sq ft. Accommodation comprises bar, dining areas, kitchen and ladies and gents WCs. Additionally there is a large rear extension. The property is within a small parade at the junction with Denmark Road. Within the parade is Betfred bookmakers and a Premier newsagents, whilst opposite is a new Co-op foodstore.
( Agency Pilot Software Ref: 165125 )

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.