Shops for sale

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

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.

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 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 )

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

Lancing is a town within the Adur District of West Sussex, home to a population of 18,800 (2011 Census). The town is located approximately 4 miles (6 km) east of Worthing and 12 miles (19 km) west of Brighton.

The subject property is located along the primary retail street of North Road and is within 0.1 miles of Lancing train station.

Nearby occupiers include WHSmith, Boots, Co-op, Barclays and a range of independent retailers.

( Agency Pilot Software Ref: 759305 )

Freehold ground floor retail premises of approximately 737 sq ft located in an established parade of shops in the centre of the popular village of Asfordby standing along-side independent traders, the Post Office, Boots Pharmacy and the Co-Op convenience store anchoring the end corner of the terrace. The property has the benefit of free parking in the adjoining car park and across the road for both shop keepers and customers.

Freehold Retail Unit & Uppers For Sale. Ground floor 541 sq ft, first floor 311 sq ft, second floor 232 sq ft, basement 137 sq ft. Situated in the prime shopping area of Dorking town centre.

The property is located in a busy local secondary retail parade on the east side of Garratt Lane just south of the junction with Franche Court Road.

Opposite the property is Arrow Electrical Lighting Store.

Earlsfield mainline Station is approximately half a mile from the property.

The property comprises a mid-terrace Victorian building offering a small vacant ground floor shop (currently tenanted to be vacated).

ERV of shop c£10,000 per annum exclusive.

The two flats are approached via a side entrance in Franche Court Road and have been sold off on long leases.

Flat B 125 years from 06 February 1998 (expires 2123). Ground rent £50 pa
Flat C 189 years form 25 March 1987 (expires 2176). Ground rent TBC

Accommodation:
Ground Floor: 392.00

St Ives is a popular seaside resort and harbour town on the south-west tip of Cornwall just to the north of Penzance. The town is extremely busy during the traditional summer holiday season but also benefits from tourism throughout the year due to attractions like the Tate Gallery. The town is situated approximately 10 miles north of Penzance and 4 miles from the A30 dual carriageway which connects west Cornwall with the remainder of the country and the M5 motorway at Exeter.

- Ground, first and second floors
- Freehold
- Offers in the region of £450,000

The property is located on the north side of Maybury Road, Woking close to the junction with Monument Road. The town centre is within a short walk which provides good rail connections to London Waterloo and Portsmouth Harbour.

The property comprises a pair of semi-detached two-storey Victorian buildings fronting Maybury Road, Woking. The ground floor front comprises retail space with the rest of the ground floor used as ancillary office/storage and kitchen. The first floor provides a mix of office and residential accommodation. To the rear of the site is a single-storey warehouse erected in 2009 under Planning Reference 2009/0007.

In addition to the various buildings, the sale will also include a section of the garden to the rear of 150 Maybury Road and a further piece of land which runs along the rear of 143-150 Maybury Road.

ACCOMMODATION (see attached PDF)
The rear gardens provide a combined site area of 383.22 sq m / 4,125 sq ft approx
Total site area – land and buildings = 1,135.52 sq m / 12,223 sq ft approx

PLANNING
We believe the premises provides a number of opportunities for alternative uses including residential which would require planning, but any interested parties would need to make their own enquiries at Woking Borough Council Planning Department – Tel: 01483 743843.

PRICE
The property will be sold with vacant possession from August 2018 when the occupier relocates to alternative premises. We are seeking offers in excess of £1.15 million. We are advised the sale will not attract VAT.

Two-storey retail premises in town centre location with dual shop frontage. Includes first floor storage and substantial full height attic space. Upper floors have redevelopment potential for conversion to residential accommodation, subject to planning consent. Ground floor could be split to provide two or more separate retail units. Available to rent or purchase freehold with vacant possession.

The property comprises a substantial predominantly single storey vehicle repair workshop facility, with two vehicle service pits, large drive-in loading doors and ancillary office and staff accommodation. Within the main building there is an area utilised for the specific storage of cars at ground floor and mezzanine level together with staff toilet facilities, secure tool store, offices etc.

The entire facility occupies a site of approximately 0.43 hectares (1,06 acres) which also includes a workshop area to the rear, large concrete apron and external storage facilities all of which is surrounded by a palisade metal fence with metal gates from Eldon Street and electric metal sliding gates from Wakefield Road.

To the front of the property is a forecourt area providing parking for approximately 15/20 cars in two separate areas.

Garrison Property are delighted to offer this A2 shop freehold for sale in Barking. This is a superb opportunity to acquire this investment property that is currently being offered on a vacant possession basis. The property is trading as a solicitors office but could be let out to a number of different businesses for a number of different uses (Subject to the relevant permissions). The shop should achieve rental income of around £1,500 PCM making a yield of just over 7%.

The unit is currently split into 5 separate offices, but can be rearranged to suit any potential owner/tenant. The flat above the property has been sold on a long leasehold that will in December 2084. The ground rent is £5 per annum.

The property is located in Barking, in close proximity to local amenities and about a 10 minute walk to the High Street. The area is a mixture of commercial and residential and due to this the unit will get a good passing trade. Barking train station and Vicarage Field Shopping Centre is situated in close proximity to the property and a number of bus routes service the area.

Price: Offers in the region of £249,000
Estimated rental income: £18,000 per annum
Size (Approx): Gross internal area for the ground floor: 1,243 sq ft (115.47 sq m)
Rates: £3,443 per annum

Viewing strictly by appointment with Garrison Property


Disclaimer

Garrison Property endeavours to maintain accurate depictions of its properties in descriptions, however, these are intended only as a guide. These particulars do not constitute or form part of any offer or contract, nor may they be regarded as representations. All interested parties must verify their accuracy.Whilst every effort has been made to ensure accuracy this cannot be guaranteed.

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