Shops for sale

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

Freehold office building currently comprising approximately 22,364ft2 (GIA) over ground, 1st, 2nd, 3rd and 4th floors

Planning permission granted for a new build development totalling 37,606ft2 (NIA), comprising 32,699ft2 (NIA) of office space and 4,907ft² (NSA) of residential accommodation across 8 units

Located within a vibrant and exciting ‘tech belt’, 400 metres south of Angel Underground Station (proposed for Crossrail 2) with a unique offering of leisure, retail and social opportunities

Offers invited in excess of £13,000,000 which reflects a low capital value of £581 / ft2 on the existing GIA and £345 / ft2 on the consented scheme, subject to contract

MIXED USE RETAIL/RESIDENTIAL INVESMENT OPPORTUNITY – LET TO CREAMS FRANCHISEE

ENTIRE PROPERTY LET ON 15 YEAR FRI LEASE FROM 2015 WITH NO BREAKS

FOR SALE – OFFERS IN EXCESS OF £565,000

Exceptional Development Opportunity

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

UNDERLANE, HOLSWORTHY – FOR SALE –DEVELOPMENT SITE – c. 2.4 ACRES

Prime site opposite Waitrose store

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.

• Affluent north west town with over 570,000 people living within 30 minutes of its centre
• Prominent & easily accessible location adjacent to the A59 Liverpool Road
• Let to national retailers including Aldi, B & M, Pets At Home, Peacocks, Sue Ryder and Subway with a highly attractive WAULT of over 14 years
• Approximately 41% of the income subject to either RPI or fixed increases
• Offers are sought in excess of £15,300,000 (Fifteen Million Three Hundred Thousand Pounds) reflecting an attractive Net Initial Yield of 6.00% assuming purchaser costs of 6.73%.
• Based on the fixed/RPI increases, the running yield would rise
to 6.33% in 05/2022, 6.70% in 05/2027 and 7.11% in 05/2032

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.

* 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.

( Agency Pilot Software Ref: 738 )

- 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 )

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

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.

Substantial commercial property with planning for a variety of uses.
( Agency Pilot Software Ref: 343 )

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 )

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.

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.

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.

The subject property is situated on Towngate, Leyland. It was most recently utilized as a bank and extends over ground and first floor.

- Offers in excess of £145,000
- The premises benefit from planning consent for A2 use (Financial & Professional Services)
- Interested parties should make their own enquiries with the Local Authority

14, Fore Street is at the heart of the historic former market town of Callington, well located within East Cornwall, around 12 miles north from Saltash, A38 and the Tamar Bridge, 12 miles south of Launceston and A30 and at the junction of A388 with the A390, Tavistock to Truro road.

The town is growing rapidly with recent housing and further new housing planned, current population approximately 6000, and well known as 'home' to Ginsters, the largest pasty bakery in the UK, together with a wide employment base.

Callington is also enjoying a revival of real interest in the area's mining potential, with the prospect of reopening the Redmoor mine within the coming 2 years for rich reserves of tungsten and tin.

Nearby occupiers include Lloyds Bank, Bradleys estate agents, a large Spar with butchery and Subway, local traders and the Bull's Head public house .

14 Fore Street Callington, for many years trading as retailer Pridhams Electrical, is a distinguished, part 3 storey and part single storey historic building. The premises offer a wide double retail frontage and display window, with a clear retail area, and useful store to the rear. The store has direct access from a public car park. The access from the car park onto Fore Street is a useful and busy path, being a permissive way, but within the title of this property.

At first and second floors are a number of rooms, used as offices and stores but having possibilities for residential conversion, subject to usual consents.



( Agency Pilot Software Ref: 2092 )

The subjects comprise a purpose built two storey brick building with a pitched tiled roof constructed in the early 1990s. The Secretary of State for Communities and Local Government occupies a two storey unit fitted out in the corporate style of Job Centre Plus and offers a clean floor plate at ground level with cellular office accommodation on first floor. Delice's Caf� occupy the adjacent unit at ground floor only, which is fitted out as a caf� and patisserie. The third unit is a modern Doctor's surgery, which is arranged over ground and first floor.
( Agency Pilot Software Ref: 59752 )

Town Centre Premises For Sale/To Let
- Prominent location with high footfall
- Close to Buttermarket Centre retail and leisure redevelopment
- Two storey premises, suitable for a variety of uses (subject to planning)
- 109.93 sq m (1,183 sq ft)
- Guide Price £199,500
- Rent £15,000 per annum

( Agency Pilot Software Ref: 14868810 )

29 Brindley Road | The building is of concrete floor base, steel portal frame construction with brick elevations. The front section of the building contains two floors of offices under a flat roof with the office space having been completely refurbished to a high specification, including double glazing and air conditioning. The rear section of the building houses the warehouse, which has also been completely refurbished, with a complete new roof and electric roller shutter to the rear, with eaves height at 4.2m/ apex 6.8m. There is also a small yard to the rear, with part being taken up by a single storey 3.41m height workshop area. To the front of the unit there is a dedicated parking area for 7 vehicles.
( Agency Pilot Software Ref: 1299 )

Situated approximately 1 mile north of Darlington town centre on an arterial route to A1M, the property comprises a ground floor shop affording versatile sales accommodation with parking for two cars at the front and a rear yard.

Unit 6 comprise of an industrial/warehouse unit of steel portal frame construction to brickwork elevations and a pitched roof. Arranged over ground and first floor levels the unit benefits from warehousing on the ground floor and first floor offices, dedicated loading via a full height electric loading door and 8 allocated car parking spaces. The property is being sold on a long leasehold basis, we have been informed the freehold can be purchased for the sum of £29,312 subject to both sides paying their own legal fees. The unit is prominently located on The Sarum Complex on the well established Uxbridge Trading Estate which is approximately 1 mile from Uxbridge Town Centre. Uxbridge tube station is in the town centre and runs a regular service into the Centre of London via the Metropolitan and Piccadilly Line.

End-terraced single storey retail unit located within the Newlands area of Glasgow’s south side, just off Kilmarnock Road
Internally provides open-plan accommodation with storage space and WC to the rear
Property has been recently re-roofed
Immediate free on-street parking provided
Eligible for 100% rates relief under the Small Business Bonus Scheme
No VAT on rent / purchase price