• A freehold retail investment situated in one of Berkshire’s more affluent suburbs. • A large, prominent, well configured store over ground and first floor ancillary measuring 7,950 sq ft. • Total income of £114,000 per annum. • Let entirely to the strong covenant of Budgens Ltd until 24 June 2026. • Future asset management opportunity to regear the lease with Budgens and add an additional floor subject to planning. • Offers are invited in excess of £1,650,000 reflecting a Net Initial Yield of 6.46% assuming purchasers costs of 6.8
Located within the wider Mindenhurst development which has outline planning permission for 1,200 new homes, primary school, retail outlets, sports facilities, employment space and over 69 hectares of public green space
Parcels C & D have outline planning permission to provide up to 135 residential units and associated commercial floor space
Site area totals approximately 3.55 hectares/8.77 acres
The site will be fully serviced
Unconditional offers invited
Type: Residential, Retail
Princess Royal Barracks, Camberley, GU16 6RWGBCamberleySurreyGU16 6RWPrincess Royal Barracks
An existing 4 storey mixed use commercial property in central Luton extending to 20,247 sqft GIA subject to planning permission 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 is approximately a 9 minute drive from Luton Airport. The property is an 8 minute walk from the University of Bedfordshire, Luton campus. The University of Befordfordshire currently has 17,000 students (figure based on a 2016/17 census) and we are of the opinion that the scheme could lend itself to student accommodation use.
MIXED USE COMMERCIAL DEVELOPMENT
Planning permission was submitted on 29th May 2018 for the construction of an extra floor of B1 office space.
The proposed scheme will extend to 24,779 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 ground floor, use class A2 extends to 4,800 sqft GIA. The 1st and 2nd floor, use class D2 extends to 15,447sqft GIA and the 3rdand proposed 4th floor, use class B1 will extend to 4,532 sqft GIA.
RESIDENTIAL DEVELOPMENT SCHEME
The Vendor submitted a separate planning application in August 2018 for the retention of the ground floor use and the change of use of the 1st to 3rd floors into 62 shared living units (Sui Generis).
The ground floor extends to 4,800 sqft GIA and the proposed residential shared living scheme will extend to 10,599sqft NSA (15,447 sqft GIA).
Should the office scheme be granted this will set president for an extra floor, giving the possibility to apply for an extra floor of shared living accommodation via a separate planning application. We advise potential purchasers to undertake their own due diligence on this matter.
The property is available freehold with vacant possession.
OFFICE INVESTMENT OPPORTUNITY OR RESIDENTIAL/ STUDENT DEVELOPMENT
Town Centre Redevelopment Opportunity With Planning
Located adjacent to Addlestone Station and within a 7 minute walk of Addlestone One with a new Waitrose, Light Cinema, Premier Inn and Achieve Gym. Planning Permission for 75, 1 and 2 bedroom apartments (20 affordable) and 398m² retail.
Station Road, Addlestone, KT15 2BA
Type: Retail, Residential Land, Residential
Station Road, KT15 2BAGBAddlestoneSurreyKT15 2BAStation Road
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's and the retail warehouse parks nearby, which include Halfords, Currys and Homebase. There is street parking in front as well as the large retail park with Dunelm 100 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 usable as storage.
42 London Road, Hempstead, Herts HP3 9SB
Type: General Retail, Retail
42 London Road, HP3 9SBGBHemel HempsteadHertfordshireHP3 9SB42, London Road
The property comprises two semi-detached warehouse / distribution units set within a rectangular shaped site. Both units are of steel portal frame construction, with a combination of uPVC coated profile steel cladding and 1/3 height brick and blockwork elevations under a new pitched roof. Vehicular access is provided from Crowley Way and both units are accessed via two roller shutter doors with additional pedestrian access doors to the front elevations. The units are available individually or amalgamated.
Units 1&2 Crowley Way, Avonmouth, Bristol BS11 9EX
Type: General Industrial, Warehouse, Distribution Warehouse, Light Industrial, Trade Counter, Industrial, Retail
Units 1&2, Crowley Way, Avonmouth, Bristol, BS11 9EXGBBristol, City Of, BristolGloucestershireBS11 9EXAvonmouth Way West
The two shops form part of a former 4 storey office building which is being refurbished to provide two adjoining, self-contained ground floor units and 18 residential flats above.
The shops will be completed to a shell condition incorporating a fitted shopfront and capped services. Occupation is anticipated in May 2019. Floor Plans are available upon request. ( Agency Pilot Software Ref: 4390 )
London Road is located within the heart of the central business district and evening circuit and easily accessed via A33 and A335 leading to the M3 and M27 respectively. Southampton Central Railway Station and the central shopping area are within walking distance. The subject property comprises ground floor retail and a first floor office with both front and rear access. There are also four parking spaces available in the garage at the rear and accessed via Asylum Road. ( Agency Pilot Software Ref: 3405 )
56 London Road, Southampton, SO15 2AH
Type: Retail - High Street, Retail
56 London Road, , Southampton, SO15 2AHGBSouthampton, SouthamptonHampshireSO15 2AH48, London Road
Superbly located, quality retail premises within the Cathedral Quarter. Ground floor retail space of 1,462 sq. ft. / 135.9 sqm. Additional ancillary accommodation situated over three floors, extending in total of 5,305 sq. ft. / 492.9 sqm.
40 Iron Gate, Derby, DE1 3GA
40 Iron Gate, Derby, DE1 3GAGBDerbyDerbyshireDE1 3GA40, Iron Gate
Superbly located, quality retail premises within the Cathedral Quarter. Ground floor retail space of 2,154 sq. ft. / 200.1 sqm. with ancillary space of 765 sq. ft. / 71.1 sqm. Additional first floor space of 2,540 sq. ft. / 236 sqm. and second floor space of 2,045 sq. ft. / 190 sqm.
39-40 Iron Gate, Derby, DE1 3GA
39-40 Iron Gate, DE1 3GAGBDerbyDerbyshireDE1 3GA39-40, Iron Gate
* Highly prominent mixed-use investment let to a popular local restaurant occupier with first floor residential accommodation.
* Located in Denton Town Centre, East Manchester.
* Recently refurbished three-bedroom apartment on the first floor.
* Total combined passing rent of £18,800 per annum.
* 14.2 years unexpired lease term (4.2 to break)
* We are instructed to invite offers in the region of £235,000 subject to contract and exclusive of VAT. An offer at this level reflects a Net Initial Yield of 7.8% assuming standard purchasers' costs of 2.52%.
The property comprises of a two-storey mixed-use terrace building of traditional brick construction beneath a flat roof. The ground floor provides a double fronted A3 restaurant unit with glazed frontage benefiting from electric roller shutter security.
The restaurant has been recently refurbished and is fit out to a high standard throughout with entrance area, dining areas, bar, WC located to the front of the unit and a commercial kitchen to the rear.
Externally, there is access to the ground floor from the rear via a small yard area.
The first floor provides a 3-bedroom apartment which is accessed via a rear entrance.
- Retail/Office Building For Sale Freehold - 191.14 Sq. M. (2,157 Sq. Ft.) - Available Immediately with Vacant Possession - Rear Loading/Access via Bull Lane - Unique Opportunity on Maldon's Historic High Street - Parking may be Available (Subject to Separate Negotiation) - Grade II Listed Property - Suitable for a Variety of Uses (STPP) - Offers in Excess of £250,000
( Agency Pilot Software Ref: 14868811 )
Church Walk, Maldon, CM9 4PY
Type: Office, Retail - High Street, Offices, Retail
Church Walk, Maldon, CM9 4PYGBMaldon, MaldonEssexCM9 4PYChurch Walk
Garrison Property are delighted to offer this A1 shop with a 1 bedroom flat, freehold for sale on the famous Green Street, East London. This is a superb opportunity to acquire this investment property in a desired location.
The shop was trading as a jewellers but could be let out to a number of different businesses for a number of different uses (Subject to the relevant permissions). The flat is let on an AST and has 1 bedroom.
The shop could achieve rental income of around £26,400 per annum and the flat currently achieves rent in the region of £13,200 per annum making a total of £39,600.
The property is situated on the vibrant and busy Green Street, Upton Park Underground Station (Circle, District and Hammersmith & City Lines) is close by; Forest Gate railway station has services to London Liverpool Street via Stratford. It is in Travel Card Zone 3 on the Great Eastern Main Line. The area has excellent road communications with the A406 (North Circular), A102(M), A12, A13 and A11 all situated close by.
Price: Offers in the region of £650,000 Estimated rental income achievable for unit: £26,400 per annum Current flat rental income: £13,200 per annum Shop size (Approx): 600 sq ft Rates: Buyer should make own enquires into this
Viewing strictly by appointment with Garrison Property
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.
A1 shop with a 1 bedroom flat, freehold for sale on the famous Green Street, East London
Type: Flat, General Retail, Retail - High Street, Mixed Use, Residential, Retail, Other Property Types & Opportunities
Green Street, London, E7 8LLGBLondonGreater LondonE7 8LLGreen Street
31 Brindley Road and 47 Bayton Road | The building is of concrete floor base, steel portal frame construction with brick elevations. The building has return frontage on to both Brindley Road and Bayton Road, with this corner of the building housing the office provision, which is split over two floors and again has been refurbished to a very high specification, including a number of meetings rooms and single offices, alongside a large first floor call centre style space. To the left of the office space is a single storey warehouse area that has been converted into a testing facility, with the rear of the building having been split into two large warehouse areas and an internally separated paint spraying zone. There is also a connecting area between these buildings and 29 Brindley Road, which accounts for more storage, a staff room and a further office. Externally to the front there is parking provision on both the Brindley and Bayton Road parts, giving opportunity to park up to around 15 vehicles. On the Bayton Road side of the industrial space is a large roller shutter access that leads to a gated open storage yard measuring 0.11 acres (0.04 Hect), which includes a temporary structure of 659 sq.ft (61.22 sq.m) for external covered storage. ( Agency Pilot Software Ref: 1300 )
31 And 47, Brindley Road and Bayton Road, Coventry, CV7 9EP
Type: Distribution Warehouse, Light Industrial, Other, Trade Counter, Industrial, Other Property Types & Opportunities, Retail
31 And 47, Brindley Road and Bayton Road, Coventry, CV7 9EPGBNuneaton and Bedworth, CoventryWarwickshireCV7 9EPBrindley Road
INVESTMENT OPPORTUNITY Two retail shops forming part of a comprehensive and high quality conversion/development undertaken approximately 10 years ago and comprising two retail shops let to The Village Optician and First for Flowers. The present rental income is £16,150 per annum including £100 per annum ground rent for the four apartments above. The shop tenants pay 1/6 of the service charge for the building which equates to £1,459 per annum. The purchaser of the freehold will take over the estate management of the property which is presently handled by an independent management company on behalf of our client. Further particulars are available upon request including the break down of the service charge expenditure.
West Auckland Road, Darlington, DL3 9EL
Type: Retail, General Retail, Retail - Out of Town
Alma House, West Auckland Road, DL3 9ELGBDarlingtonDurhamDL3 9ELWest Auckland Road
Prominently located Retail Unit on main approach to Prime Retail Area Ancillary/Residential Accommodation arranged on Upper Floors Scope for Residential Development on Upper Floors Ground Floor Area approx. 80.77 sq m (870 sq ft) Total Area approx. 293.6 sq m (3,159 sq ft)
DESCRIPTION This period three-storey town centre building is Grade II listed and comprises a ground floor retail shop and basement with separately accessed ancillary accommodation arranged on the first floor and ancillary/residential accommodation on the second and third floors. A separate access to the upper floors off Wyle Cop can be reinstated.
SITUATION The property occupies a prominent position at the upper end of Wyle Cop, one of the main routes to the town centre, amongst a variety of niche retailers and food and drink operators including the Lion Hotel.
The established retail pitch of High Street is nearby with multiple retailers including Waterstones, White Stuff, Costa Coffee, Zizzi, etc also within close proximity. The NCP Wyle Cop and St Julian’s Friars Car Parks are also within walking distance of the property.
82 Wyle Cop, Shrewsbury, SY1 1UT
Type: Residential, Retail, General Retail, Retail - High Street, Other, Other Property Types & Opportunities
Comprises a modern three storey building arranged as a ground floor retail unit with a two bedroom flat to the first floor and a one bedroom flat to the second floor, both accessed from the rear. There is a shared hard-standing area to the rear for loading and a parade of garages with three belonging to the subject property.
Situated within Harpenden which is a prosperous town ranked 8th (The Telegraph) in Britain’s Richest towns and having a population of around 30,000 (2011 Census). Harpenden is located 25 miles to the north of central London and is six miles to the north of St Albans and six miles to the south of Luton. There are excellent road communication links with the M1 four miles to the west and the A1(M) eight miles to the east. Harpenden mainline railway station is three miles to the north which provides a fast and regular service to London St Pancras (26 minutes) and Luton airport (15 minutes).
The shop is situated prominently within a popular local retail parade approximately three miles to the south of Harpenden town centre in an area known as Southdown. Other nearby occupiers include Co-op supermarket, Simmons bakery, William Hill, Jewsons and a number of established local retailers. There is on street parking to the surrounding roads and a free car park within 30 metres.
4 Piggottshill Lane, Harpenden, Herts AL5 1LH
4 Piggottshill Lane, AL5 1LHGBHarpendenHertfordshireAL5 1LH4, Piggottshill Lane