• Centrally Located, adjacent to the retail core, Broadway Shopping Centre, and “Light” cinema (opening early 2018), and near to associated public transport links • Ground Floor tenants Ladbrokes, William Hill, Leeds Building Society & Skipton Building Society • Attractive investment & asset management opportunities • Total of 19,878 sqft of commercial space • Freehold Interest For Sale • Lot Size - £2,900,000 • Capital Value of £146 psf • Net initial yield of 7.5% rising to 9.28% after usual purchase costs
For Sale - High Profile Mixed Use Investment
Type: Retail, Mixed Use, Other Property Types & Opportunities
Broadway House, Bank Street, BD1 1HJGBBradfordWest YorkshireBD1 1HJBank Street
RESIDENTIAL DEVELOPMENT SITE (with outline consent)
• Freehold land and buildings. • Outline planning permission for the erection of up to 14. no Dwellings and all associated infrastructure (LPA Ref: 1/0550/2016/OUT). • No affordable housing (zero %). • Circa 1.65 acres (0.67 ha) level site. • Prominent and accessible town centre location close to all local amenities. • Significant technical due diligence available. • Vacant possession available at completion. • Proposals invited on an unconditional basis.
The property comprises a brownfield site situated centrally within the town to the West of School Lane and a short distance from the town centre and local amenities. There are a number of existing commercial buildings remaining on site from its use as a former transport depot which consist of both concrete block and cladding construction. Surrounding the main buildings is a mix of open yards and a car parking area surfaced with concrete and asphalt hardstanding together with a small parcel of land to the South which links the site directly onto New Street.
The site slopes gently from North to South and is mostly surrounded by residential properties on all sides with the exception of a small retail store adjoining the main site access. The main access to the site is on the East boundary off School Lane with a second access from New Street.
Residential Development Opportunity
Type: Residential, Retail, Land, Commercial Land
Torrington: Land off School Lane, EX38 8BNGBTorringtonDevonEX38 8BN1, New Street
• 5,096sqm (54,860 sq ft) or thereabouts (net internal area) of total accommodation over 5 floors plus basement • Ground floor retail units fronting Carrington Street and Canal Street generating £115,750 per annum • Upper floors a mix of office, workshop studio and storage space only partly let currently generating £39,726 per annum • Offers sought for the freehold of the whole or upper parts only by way of 999yr lease • Closing date for offers 12th January 2018
Highly Reversionary Value Add Prime City Centre Development / Investment Opportunity
Type: Retail, Office, Offices
City Buildings, 28-30 Carrington Street, NG1 7FGGBNottinghamNottinghamshireNG1 7FG28-30, Carrington Street
Gillingham is located on the A2 about four miles from the M2 motorway (Junction 2) and eight miles from the M20 motorway (Junction 6). There is a direct rail connection to London (Charing Cross and Victoria).
The town has a resident population base of 104,157 (2011 Census).
No 105-107 is in a prime position located on the southern side of the High Street between Skinner Street and Railway Street.
The High Street has a good number of national multiples including Iceland, Boots, Superdrug, Savers, Shoe Zone, Greggs and Co-Op Department Store. The property is next door but one to an enlarged branch of the Halifax and opposite the Card Factory and Lloyds Bank. A large Aldi supermarket is located here with associated parking.
Freehold Retail Investment
Type: General Retail, Retail - High Street, Retail
105-107 High Street, ME7 1BLGBGillinghamKentME7 1BL105-107, High Street
• Substantial Freehold retail building and site with scope for residential or commercial redevelopment (STP) • Total site area extending to approximately 1.042 acres (0.42 hectares) with existing rental income • Prominent Town Centre location • Guide Price: Offers in the region of £450,000 invited
Substantial Retail Building and Site in Prominent Town Centre Location
Type: Residential, Retail
Ladywell Centre, Newtown, Powys, SY16 1AFGBNewtownPowysSY16 1AFLadywell Centre
• Prime Retail Investment in Town Centre with 0 Vacancies • Lease Extension to 2022 • £345,000 with NIY of 8.7% • Ground and First Floor extending to 3,570sq ft • Off Market Opportunity
Subjects The subject comprise a ground and first floor retail unit overlaid by a pitched slate roof to the front and a flat roof to the rear. The subjects are located within the central retail parade in Fraserburgh. Internally the subjects have been fitted out to a very high standard in accordance with the corporate branding and designs of the tenants further 300 stores nationwide.
Tenancy Information The subjects are let to Mackays Stores Ltd, trading as M&Co on a F.R.I lease with a lease extension from 24/6/17 for a further 5 years at an agreed passing rent of £30,000per annum. The tenants have been in situ since 1988 with several lease extensions during that term.
Mackays Stores ltd announced plans to open a further 75 stores over the next 5 years following announcement of sales increase to £165.6m for the year end Feb 16’
Investment For Sale: M&Co. 13-15 Broad Street, Fraserburgh AB43
13 Broad Street, AB43 9AEGBFraserburghAberdeenshireAB43 9AE13, Broad Street
Double Frontage Prominent Position Rarely Available 1,898sq ft o/o£17,500per annum
Location The subjects are located within Hawick town centre which is one of the main towns within the Scottish borders. Benefitting from a population of approx 15,000persons, the town is accessed via the A7 road between Edinburgh and Carlisle. The town is also easily accessible from Galashiels, Jedburgh & Selkirk along with excellent rail links to Glasgow and Edinburgh.
Subjects The subjects comprise a ground floor retail unit within a larger 3 storey traditional sandstone tenement. The subjects benefit from double width frontage allowing much natural light to penetrate the main sales area to the front of the subjects. The subjects benefit from large open plan sales area, staff w.c. & tea prep area along with extensive storage to the rear.
Area The subjects have been assessed on a Net Internal Area basis to offer the following floor space:
Ground: 176.37sqm (1,898sq ft)
NAV/RV The subjects have been assessed and entered onto the valuation roll with an NAV/RV of; £18,000
Proposal Our client is offering the property to let for a negotiable term on a new full repairing and insuring lease for offers in excess of £17,500per annum. Our client would also consider offers for their freehold interest.
V.A.T. All prices and premiums quoted are exclusive of V.A.T. Confirmation should be sought from the marketing agent if the subjects are elected for V.A.T.
Viewing Via appointment with the sole marketing agent only
TO LET/FOR SALE: 39/41 High St Hawick TD9 9BU - Prominent Double Frontage Shop
Type: Retail, Retail - High Street, Retail - Out of Town, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Healthcare, Showroom, Pubs/Bars/Clubs, Restaurant/Cafes, Licensed & Leisure, Other Property Types & Opportunities
39-41 High Street, TD9 9BUGBHawickScottish BordersTD9 9BU39-41, High Street
Prime Ground & 1st Floor In Town Centre 1,300sq ft £10,000per annum Class 2 Consent Excellent Office / Retail Space* Rates Exempt
Location The subjects are located on the north side of Eglinton Street B7049, a short distance to the west of the junction with New Street, within the town centre of Beith.The town has a population of approximately 6,400 people and is situated within North Ayrshire, approximately 5 miles to the north of Dalry and 12 miles south of Paisley.
Subjects The subjects comprise a 2 storey stone built former bank occupying ground, 1st and attic floors overlaid by a pitched slate roof. The subjects benefit from an aluminium glazed frontage with the front door having automatic disabled entry system. Internally the subjects benefit from main customer area leading to a main counter and private meeting room with staff area to the rear. 1st & attic floors are accessed via single timber staircase situated to the rear of the demise offering ample storage, kitchen facilities with male and female w.c’s.
Area The subjects have been measured on a Net Internal Area basis to offer the following accommodation; Ground: 74.81sqm (805sq ft) 1st: 45.96sqm (495sq ft)
Total: 120.77sqm (1,300sq ft)
NAV/RV The subjects have been assessed and entered onto the valuation roll with a valuation effective 01/04/2017 of: £5,000 We understand the subjects benefit from 100% rates exemption subject to application.
Proposal The subjects are available on a new full repairing and insuring lease for a negotiable term for £10,000per annum. Our client is inviting offers for their freehold interest in the subjects.
V.A.T. The subjects have not been elected for V.A.T.
E.P.C. Available upon request N.B. *Subject to Planning
TO LET / MAY SELL: 34 Eglinton Street, Beith, KA15 1AQ Grnd & 1st Floor Former Bank
Type: Retail, Office, Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Showroom, Offices, Other Property Types & Opportunities
Prime Town Centre Retail / Office 952sq ft Rates Exempt £9,000per annum V.A.T. Free
Location The subjects are located on the south side of Main Street. close to the junctions with High Street and Church Street within the town centre of Lochgelly.The town has a population of approximately 6,800 people and is situated within Fife, between the two largest towns in the areas, approximately 6 miles to the west of Kirkcaldy and 12 miles east of Dunfermline, accessed off the A92 main road route.
Subjects The subjects comprise a ground floor within 2 storey former bank of brick construction rendered in concrete. The subjects are overlaid by a pitched tile roof with the frontage being primarily of timber framed glazing with granite cladding. Access to the subjects is via a secure double door leading to the main sales area with counter, private meeting room being of plasterboard stud partition. The subjects benefit from staff area and w.c. facilities to the rear of the demise.
Internally the subjects have been painted and decorated to suit the previous occupiers requirements and corporate branding. Lighting is provided by way of ceiling mounted recessed fluorescent strip lighting. We understand the subjects are secured by way of alarm system and steel bars within the windows to the front elevation.
NAV/RV The subjects have been assessed and entered onto the valuation roll with the following NAV/RV effective from 01/04/2017:
Proposal The subjects are available to lease on a new full repairing and insuring basis for a negotiable term for £9,000per annum. Our client invites offers for their freehold interest in the subjects.
V.A.T. The subjects have not been elected for V.A.T.
E.P.C. Available on request.
TO LET / MAY SELL: 142-146 Main Street, Lochgelly PROMINENT FORMER BANK
Type: Retail, Office, Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Offices
142-146 Main Street, Lochgelly, KY5 9JRGBLochgellyFifeKY5 9JR142-146, Main Street
Let to TSB Bank Plc Expiry: 24/12/2024 Full Repairing Insuring Lease £17,500per annum Rent Review Due Dec 2019 Tenant Break: Dec 2019 VAT Free
Location The subjects are located within the City of Glasgow in the Springburn area of the City. Springburn is a suburb of Glasgow with extensive housing and commercial developments located approx 2 miles North of Glasgow City Centre accessed via the A803 leading to and from the City Centre connecting Kilsyth, Bishopbriggs and Kirkintilloch.
The subjects are situated adjacent the Springburn Shopping Centre with neighbouring occupiers including Betfred, Greggs, B&M Home Bargains, Ladbrokes & Co-Op Food.
Subjects The subjects occupy a dominating ground floor and basement position within an expansive retail and residential parade. The subjects are situated within a 3 storey tenement of sandstone construction. Internally the subjects have been decorated to suit the current occupiers corporate requirements.
The subjects benefit from a basement accessed via a single stair within the demise.
Area The subjects extend to the following floor area:
Tenant: T.S.B. Bank PLC Passing Rent: £17,500per annum Next Review: 25/12/2019 Expiry: 24/12/2024
The current tenant has been in this location in excess of 20 years being one of the few banks in the area. T.S.B. Bank Plc, as of year end 2016 reported a pre-tax profit of £189,300,000 with a total net worth in excess of £1.87bn (Source:Experian Group)
Proposal Our client is inviting offers for their freehold interest in the subjects
V.A.T. This is a V.A.T. free investment.
Further Information Available on request from the marketing agents.
Investment For Sale: TSB Bank, Springburn Way, Glasgow
Type: Residential, Retail, General Retail, Retail - High Street
247-255 Springburn Way, G21 1DXGBGlasgowCity of GlasgowG21 1DX247-255, Springburn Way
The property occupies a prominent and visible position fronting the A650 Bingley Road within an established sought after parade of retail units, which includes a Cooperative Food Store, Tallulah’s Wine Bar, Serendipity, Dacre Son & Hartley, JI Estate Agents, Bet Fred, Raymond Town’s Menswear and the Butterfly Rooms.
The area is well-served by public transport with Saltaire Train Station only a short distance and a number of bus routes passing along Bingley Road itself. We would also make comment that there is a combination of on street and pay and display car parking which serves the area.
The property comprises an attractive Grade II Listed Victorian built terrace which forms part of a parade of shops more locally known as Gordon Terrace.
The property is of a 2-storey stone built construction surmounted by a dual pitched and slated roof with shared stone built chimney stacks.
Accommodation is provided across 2-levels and the unit is currently occupied by the Cutting Jungle Hair Salon with beauty rooms at first floor level. Basement stores are externally accessed via a stone staircase to the rear of the property.
According to our measurements taken on site the property offers the following net internal floor areas:-
Gross Frontage 5.30 m (17 ft) Shop Depth 9.09 m (30 ft)
2 x store rooms 15.95 sqm (172 sqft)
Retail/Sales area 44.95 sqm (484 sqft)
WC Facilities ---- ----
Meeting/Reception area plus 2 private treatment rooms 32.25 sqm (347 sqft) _________ _________ Approximate Total Net Internal Floor Area 93.15 sqm (1,003 sqft)
The property as a whole is understood to benefit from the provision of all mains services to include gas, electric, water and mains drainage.
The provision of both hot water and space heating is provided from a gas fired combination boiler situated within the basement which serves pressed steel radiators throughout.
The property is currently assessed for rating purposes as follows:-
Description: Hairdressing Salon and Premises Rateable Value: £11,250
The Uniform Business Rate for 2017/2018 is 47.9 pence in the £.
Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability.
The freehold interest in the subject property is offered for sale subject to a Tenancy Agreement held by Mr Michael Akeroyd trading as the Cutting Jungle for a term of 5 years from and including 20th February 2014. The current passing rent is £14,532 per annum payable monthly in advance and it is understood the tenant sub-lets the first floor to a local beautician.
Offers are sought in excess of £175,000 for the freehold interest subject to the existing Tenancy Agreements.
VAT will be charged at the prevailing rate – if applicable.
Each party to be responsible for their own legal costs incurred in the transaction.
ENERGY PERFORMANCE CERTIFICATE
The property is Grade II Listed thus an Energy Performance Certificate (EPC) is understood not to be required.
89 Bingley Road, Saltaire, Shipley, BD18 4SB
Type: Retail, General Retail, Retail - Out of Town
Rare freehold opportunity - former College site with existing D1 consent, may be suitable for alternative uses/redevelopment subject to obtaining necessary consents. Prominent location with good public transport and road links. ( Agency Pilot Software Ref: 7007 )
Former Ashfield College, Huthwaite Road, Sutton-In-Ashfield, NG17 2GX
Former Royal British Legion social club totalling 4,138 sq ft on a site of 0.60 acres with large car park in attractive south Nottinghamshire village location with good road connections. Potentially suitable for alternative uses, subject to obtaining requisite consents. Best bids by midday Friday 8th April 2016. ( Agency Pilot Software Ref: 6383 )
Former Social Club, 15 Nottingham Road, Nottingham, NG11 0HE
The property is situated in a prominent location on Wetmore Road. The area is host to a variety of occupiers including the following Wetmore Road Fish Bar, The Workout Group, Arriva and Manor Pharmacy. Wetmore Road is a popular cut through between A51211 and A511. ( Agency Pilot Software Ref: 6335 )
93 Wetmore Road, Burton-on-Trent, DE14 1SH
Type: General Retail, Other, Restaurants/Cafes, Pubs/Bars/Clubs, Residential, Retail, Other Property Types & Opportunities, Licensed & Leisure
The premises comprises of a large ground floor retail sales area with a mezzanine providing first floor space which is currently occupied as office space. Planning permission has been granted for the re-development of the property to create retail space on the ground floor with residential accommodation on the first and second floor providing eight one bedroom flats. ( Agency Pilot Software Ref: 6306 )
45 Carlton Road, Nottingham, NG3 2FX
Type: General Retail, Land, Trade Counter, Residential, Retail, Commercial Land
Land available for sale as a single lot or two lots - this is a significant residentail development opportunity in an attractive part of Derbyshire. Subject to Planning Consent, the site is ready for development. ( Agency Pilot Software Ref: 5529 )
Burlow Road, Harpur Hill, Buxton, SK17 9JZ
Type: General Retail, Land, Residential, Residential, Residential, Retail, Commercial Land
Burlow Road, Harpur Hill, Buxton, SK17 9JZGBHigh Peak, BuxtonDerbyshireSK17 9JLHarpur Hill Business Park
Under OfferFor rent: £25,000.00 Per AnnumFor sale: POA
Breakers yard with full planning consent. The site comprises a trapezoid shaped level site with predominantly concrete and hardcore surfacing. The southern boundary is boarded by a brook, Barrow Lane along the western boundary and a public foot path along the line of a dismantled railway along the northern boundary. ( Agency Pilot Software Ref: 7045 )
Breakers Yard - Land at Barrows Lane, Glenfield, Leicester, LE3 8DG
Freehold for Sale - Mixed Use Retail and Residential Conversion/Development Opportunity
Ground floor vacant lock-up shop with first and second floor self-contained offices above, with the benefit of planning permission for conversion of the upper parts to residential to provide two 1 Bedroom flats.
The property comprises two storey mid terrace premises of brick built construction under a pitched tile roof. The elevations incorporate double glazed UPVC framed windows and shop frontage. The property comprises a ground floor retail unit currently fit out as a salon, together with a modern fitted kitchen and 3-piece bathroom. The first floor offers a lounge and bedroom. The property benefits from gas central heating and a small yard to the rear. ( Agency Pilot Software Ref: 7012 )
10 Newdigate Street, Derby, DE23 8UY
Type: General Retail, Restaurants/Cafes, Residential, Retail, Licensed & Leisure