Shops for sale

62 Cotham Hill & 26a Aberdeen Road, Bristol BS6 6JX

• Long Leasehold

• Ground and Basement Floors

• 1,606 sq ft (149.20 sq m)

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.

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

PROMINENT DEVELOPMENT OPPORTUNITY FOR SALE

VICTORIA ROAD, OSWESTRY, SY11 2HU

• Retail development opportunity adjacent to Lidl.

• Current planning for 16,200 sqft (1,505 sqm) of retail accommodation.

• Car parking, service yard and services all already in situ.

• Interest invited from developers/contractors.

TO LET (MAY SELL)
WAREHOUSING/INDUSTRIAL/TRADE COUNTER

10,008 sq ft (930 sq m)

Prominent roadside Trade Counter opportunity.

2 miles to Wolverhampton City Centre.

3.6 miles M6 J10 via the A454 Black Country Route.

TROPHY ASSET RETAIL/OFFICE INVESTMENT FOR SALE IN UNRIVALLED WEST END LOCATION

GROUND FLOOR RETAIL LET TO A PRIME RETAILER WITH 4 FLOORS OF SELF-CONTAINED

REFURBISHED OFFICES ABOVE

7,462 SQ FT PRODUCING £538,115 PER ANNUM.

ERV APPROX. £700,000 P.A.

VIRTUAL FREEHOLD

OFFERS INVITED IN THE REGION OF £17M

SUBJECT TO CONTRACT AND EXCLUSIVE OF VAT

Prominent 4-storey building within Milton Keynes town centre extending to approximately 34,832ft2 NIA, positioned on a site of circa 0.35 acres

Comprising 7 retail units at ground floor which are part let to various tenants (producing £110,130 per annum) with 28,466ft2 NIA of vacant office space across the upper floors

Planning permission for the conversion and extension of the building to provide 86 residential units (52 x 1 bed & 34 x 2 bed) totalling 48,457ft2 NSA

Offers are invited in excess of £9,000,000 for the entire freehold interest

Alternatively, offers are invited in excess of £7,500,000 for the freehold interest, subject to the retail units being retained by the Seller on a new 999 year lease

EXMOUTH, DEVON – DEVELOPMENT SITE WITH POTENTIAL FOR EMPLOYMENT USES

SALTERTON ROAD, EXMOUTH, EX8 2TS - DEVELOPMENT SITE – c. 2.4 ACRES

Prime site adjacent to Tesco

EXCELLENT OPPORTUNITY TO ACQUIRE A POPULAR AND ESTABLISHED SALON BUSINESS WITHIN BROUGHTY FERRY

Location

Broughty Ferry is a popular suburb of Dundee, located on the north bank of the Tay Estuary approximately 4 miles east of Dundee city centre. It has a population of approximately 17,500 and is one of the most affluent and sought after areas of the city. The property is located in central Broughty Ferry within Gray Street, to the south of its junction with Brook Street.

Additional Details

Description

The subjects comprise a ground round retail premises within a traditional three storey stone building under a pitched and slated roof.

Internally, the premises are arranged to provide a front shop with kitchenette and WC to the rear.

The premises benefit from a large single glazed timber framed window frontage to Gray Street, a recessed timber and glazed doorway, laminate finish to the floor, plasterboard lined walls and ceilings with inset spotlighting, and a CCTV and indruder alarm system. The shop is fitted to an excellent standard.

Accommodation

We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to be as follows:

|  Floor  |  Sq.m.  |  Sq.ft. |
|  Ground  |  61.4  |  661 |

The Business

The business benefits form a lease expiring 7th August 2024 with a passing rent of £8,500 per annum.

The unit has traded as a hair salon for approx. 25 years and the current occupier enjoys strong levels of trade with many repeat customers providing a constant and reliable income throughout the year. The area hosts an abundance of shops and complimentary businesses, schools and residential housing generating much repeat trade. 

Terms

The business is available to purchase with all fixtures and fittings included. Stock will be available on a cost basis.

Our client is willing to consider offers in the region of £30,000 for their interest in the business.

Viewing

Strictly by appointment by the sole marketing agents.

Business and Premises for Sale. Pet Supplies trading business. Prominent position in St Columb Major. Guide price for premises and Pet Supplies business £140,000

( Agency Pilot Software Ref: 2153 )

• Showroom and workshop
• 573.74 sq m approx. total floor area
• Parking area
• Established business location
• Prominent A road frontage
• Excellent access to York and main routes
TO LET
Business opportunity also available

The property is Grade II Listed and comprises a ground floor retail unit with rear ancillary staff kitchen and WC’s, together with additional basement storage via a floor hatch access in the rear of the sales area. To the rear there is a small courtyard with external bin store. The upper floors comprise a self contained residential maisonette under separate ownership (not inspected).

-PROMINENT RETAIL PITCH
-SUITABLE FOR ALTERNATIVE USE
-OFFERS IN THE REGION OF £200,000 TO BUY
-LEASE FROM £20,000 PER ANNUM
-INCENTIVES OFFERED
-DEVELOPMENT OPPORTUNITY
-SUB DIVISION POSSIBLE
-4,939 SQ FT

LOCATION

Kilmarnock is one of the principal towns in Ayrshire with a population of around 45,000 people and a wider catchment in the region of 90,000 people. The town is situated 25 miles south west of Glasgow city centre.

The premises are located within the pedestrianised section of Kilmarnock town centre, immediately adjacent to The Cross and King Street and in close proximity to the entrance to Burns Mall Shopping Centre.

Nearby occupiers include Peacocks, Sports Direct, Wetherspoons, Top Shop, Costa and the PRA Group, one of Kilmarnock’s largest employers with a workforce in the region of 300 people.

DESCRIPTION

The subjects comprise a two storey mid terrace property constructed in the late 1990’s. The building is of steel portal frame construction with sandstone effect block exterior whilst being surmounted by a pitched profiled sheet roof. The property benefits from a large return frontage.

Internally, the subjects provide large open plan retail area at ground floor level whilst the first floor provides storage space, office, tea prep area and w.c.’s

Subject to appropriate change of use, we believe the property would be well suited for multiple uses to include Class 1, Class 3 (Restaurant) and possibly class 11 (leisure/gym) to name some.

FLOOR AREAS

From sizes taken during our inspection we calculate the Net Internal Area measured in accordance with the RICS Property Measurement Professional Statement (First Edition, May 2015) to extend to:

Ground Floor 289.67m2/3,118ft2
First Floor 168.18m2/1,821ft2

PROPOSAL

Rental offers in excess of £20,000 per annum exclusive are invited. The premises are available on the basis of a new full repairing and insuring lease for a term to be agreed. The premises are also available for sale for offers in the region of £200,000.

RATING

The Rateable Value of the property is £37,250.

PLANNING

We understand that the property currently benefits from Class 1 (Retail) consent. Interested parties are advised to make their own enquiries directly with the local Planning Department.

CLOSING DATE

A closing date may be set and all interested parties should make a note of interest at the offices of the joint agent. We reserve the right to sell or let the property without setting a closing date and we are not obliged to accept the highest or indeed any offer for the sale or lease of the property.

VAT

All prices, premiums and rents quoted are exclusive of VAT.

EPC

G – A copy of the EPC and Recommendation Report can be provided upon request.

Planning permission granted in October 2018 for the construction of 14 apartments and new retail space.Situated 0.2 miles south-east of Norwood Junction railway station.Excellent frontage onto Portland Road (A215).Approximately 0.16 acres (0.06 ha) in size.
The site, which is approximately 0.16 acres (0.06 ha) in size, includes a single detached vacant building (No.113-121). The existing building comprises two retail units arranged over ground and basement and four residential apartments on the first floor.

A well-presented fully let mixed commercial/residential investment property situated in Great Yarmouth town centre. Ground floor double fronted shop with separate side access to first floor salon and room and second floor flat.
( Agency Pilot Software Ref: 86 )

The subject site comprises of 0.7 acres (0.28 hectares) of prominent land positioned on the edge of a large Industrial and warehousing development with occupiers including companies such as Tesco, DHL, Great Bear Distribution and Palletways. The overall site is suitable for a variety of uses - including redevelopment to provide up to 750 new homes, primary school, health centre, nursery, public house and private open space, car and cycle parking together with landscaping and associated servicing.

- Potential Pub Site - Located within Fradley Park
- Prominent roadside position, situated opposite a large Industrials & Distributions Centre
- Excellent road network access
- Site comprises approximately 0.7 Acres (0.28 hectares)

Town Centre Location
Potential For Sub-Division
Hot Food Consent Granted
Dedicated Yard / Parking
2,568sq ft
£29,000p.a.
Freehold Price on Application

Location

The subjects are situated on the West side of Union Street in Larkhall recessed from the B7078 which is the main thoroughfare through Larkhall itself. Larkhall is situated within the South Lanarkshire district approx 1.4 miles South East of Glasgow City Centre. The town centre is accessible via the M74 motorway along with a variety of public transport links via road and rail to Hamilton, Motherwell, Glasgow and Airdrie.

Neighbouring occupiers include Well Pharmacy, Co-Operative Food, Subway & B&M Home Bargains.

Subjects

The subjects comprise an extensive single storey former bank in an end terrace position within a prominent retail parade of traditional construction surmounted by a flat roof. The subjects benefit from extensive frontage with access via a DDA compliant automatic door leading to an open plan former banking hall with partitioned offices, staff facilities, strong room and w.c. facilities. Internally the subjects have been painted and decorated in accordance with the former occupier corporate colouring with floors having been overlaid by commercial grade carpeting and laminated timber. Lighting is provided by way of ceiling mounted fluorescent strips with heating provided via wall mounted electric heaters.
The subjects also benefit from a dedicated car park to the rear accessed via a lane to the gable end of the demise providing parking for 4 no. vehicles.

The subjects would lend themselves to a variety of alternative uses, restaurant*, retail*, medical*, showroom*, nursery*.

Area

The subjects have been measured on a Net Internal Area basis and have been calculated to extend to;

Ground: 238.57sqm (2,568sq ft)

NAV/RV

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

£16,500

The subjects qualify for a discount under the Scottish government small business rates relief scheme, an incoming occupier would be entitled to apply for a rates appeal. Any party should satisfy themselves in respect to appeals and rates liabilities.

Proposal

The subjects are available on a new full repairing and insuring lease for a negotiable term for £29,000per annum. Our client would consider disposing of their freehold interest, price available on request.

V.A.T.

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

E.P.C.

Available on request.

Viewing

By appointment via the marketing agents. For the avoidance of doubt, the cash machines have since been removed.

Legal

Each party shall bear their own legal costs incurred in the transaction

The premises are in a good, mixed commercial and residential location on the A4020 Uxbridge Road, The property comprises a three-storey retail and residential building fronting the Uxbridge Road, Hayes, and consisting of three lock-up shops let on commercial terms and 6 no flats each 'sold off' on long-leaseholds with currently approximately 61 years unexpired.

Active management possibilities exist for improving the commercial rents at forthcoming reviews in 2021/22 and for the sale of longer residential leases or buying in flats at a discount to market due to the short terms remaining.
( Agency Pilot Software Ref: 171 )

SW17 7EW-Lucrative, well sought and prime location. We have to offer in the heart of Tooting along the A24 Upper Tooting Road a privately owned A3 restaurant with over 45 seating capacity. Premium applies

High street location
A3 restaurant with over 45 seats
Alcohol licence
Running business
25 year lease
low rent of £19,000 per annum compared to any A3 in the area
premium: £250,000 includes all fixture and fittings
Available immediately.

Viewings only no pictures or floor plans will be available due to strict confidentiality.

Ground Floor Commercial Unit 212 sq m (2,285 sq ft)
FOR SALE
( Agency Pilot Software Ref: 3092 )

Unit 5 Air Hub comprises of a refurbished warehouse/industrial
unit of blockwork construction to a pitched roof. The warehouse area is clear-open plan layout with access available via a full height electric roller door via a dedicated loading bay. Ancillary office accommodation is situated on the first and second floor.
Located 1 mile immediately to the west of Heathrow Airport with easy access to the M25 at Junction 14 and the M4 at Junction 5. Air Hub is in close proximity to all terminals of Heathrow Airport with links available via Airport Way and the North and Southern perimeter roads. The property is ideal for airport related business and freight companies. This area is popular with warehouse and freight operators.

Travel Distances
Junction 14 M25 0.65
Junction 5 M4 2
Junction 4 M4 2.25
Junction 2 M3 (J12 M25) 5.66
Junction 1A M40 8.2
Terminal 5 LHR 3.2
Terminal 4 LHR 4.11
Terminal 1 LHR 6.57
BA World Cargo 3.3

LEASEHOLD: £199,000
ANNUAL RENT: £42,500 (incl. flat)
*NOW WITH LICENCE TO SELL ALCOHOL*

LEASEHOLD: £199,000
ANNUAL RENT: £35,000 p.a together with residential flat at £7,500 p.a. Total rent payable £42,500 p.a. (Rent receivable @ £12,840 p.a.)

LENGTH OF LEASE IS TO BE NEGOTIATED WITH THE FREEHOLDER.

Location
The shop is situated in the heart of the affluent city of St Albans, which is located approximately 25 miles North of London.
The nearest train station is St Albans City (0.6 miles), which offers a journey time to London of approx.18 minutes.

Internal Details
Retail space is circa 450 sq/ft and to the rear of the store is a stockroom/sandwich preparation area, along with a w.c.

Fixtures & Fittings
We are advised by our clients that all fixtures and fittings are owned outright and included in the price sought for the premium.

Letting Accommodation
There is a two bedroom apartment with separate access, currently let at a rent of £1070 per calendar month.

External Details
Additional storage is available by means of a detached storage unit in the gated rear yard area. The Council has allocated a single parking space to the rear of the store (an annual parking permit is required at additional cost).

Business Rates
The rateable value is £16,250 per annum, effective from 1st April 2017.
It is advised that interested parties make their own enquiries with the local authority.

• Turnover for Y/E 30/6/2018: £498,142
• Gross Profit for Y/E 30/06/2018: £168,172
• Net Profit for Y/E 30/6/2018: £139,911
• Additional Residential Rental Income
• Prominent Brand Trading for c. 100 years
• Energy Rating C
• Premises Licence granted by St Albans City & District Council

DESCRIPTION

A1 Retail/A2 Unit - the property comprises ground and lower ground floor premises.

FACILITIES
• Heating
• Power Points
• Alarm
• Telephone Point available

ACCOMMODATION

The approximate net internal floor areas are: Lower Ground Floor -21.8 sq m 234.6 sq ft. Ground Floor 53.2 sq m 572.2 sq ft. (Gross internal basis)

PREMIUM

Premium sought for Leasehold interest - £349,000. We are advised that the property is not elected for VAT purposes.


LEASE

The premises are being offered by way of an Assignment of the existing Lease (subject to the freeholders consent) dated 23rd May 2011 for a term of 125 years from 1st October, 2017.

GROUND RENT

Ground rent currently payable is £1200 p.a. subject to review as per lease dated 23rd May 2011 and Deed of Variation dated 13th November 2014.

BUSINESS RATES

According to the VOA website the rateable value stated is as below:
Rateable Value £6,800
Rates Payable for 2018 - 2019 £3,264*
*Please note that Business Relief may be available to reduce the Business Rates Liability to nil subject to confirmation with the Business Rates Department at St Albans City and District Council.

LEGAL COSTS

Each party to be responsible for their own legal and associated costs.

NON DOMESTIC ENERGY PERFORMACE CERTIFICATE (NDEPC)

E106

VAT

We are advised that the property is not elected for VAT purposes.

For Sale - Freehold Shop - May Suit Other Uses (STP)
The property is situated within a predominantly residential area on the northern side of the A264 Langton Road.
Double fronted retail showroom arranged over ground and first floors with attic stores and parking / land to the rear.