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.
PRICE REDUCTION FOR AN IMMEDIATE SALE - Mixed-use development opportunity in Prime Central London WC1
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 )
10A, Bath Road, Thatcham, RG18 3SX
Type: General Retail, Warehouse, General Industrial, Showroom, Retail, Industrial, Other Property Types & Opportunities
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
• 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
Ringtail Retail Park
Type: General Retail, Retail - Out of Town, Retail Park, Retail
Ringtail Retail Park, L40 8ADGBOrmskirkLancashireL40 8ADRingtail Retail Park
• 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
Single-Let Industrial Investment Opportunity - The property consists of a mid-terrace, single-bay industrial unit measuring 3,519 sq ft of steel portal frame construction with profile steel cladding to the side elevations and pitched roof. The unit lends itself to be subdivided to provide bays from circa 720 sq ft upwards, offering additional letting robustness.
There are three roller-shutter doors offering good access to the workshop areas with desirable height of 4.5 metres to the minimum eaves rising to 7 metres.
The ownership includes the external car parking / yard area, providing a total site area of 0.17 acre.
Tenancy & Investment Considerations:
The property is single-let to Mason’s Auto Repairs Ltd who are well-established and have been in occupation since 2007.
Occupation is on the basis of a Full Repairing and Insuring lease expiring on the 29th March 2027, offering 8.5 years of secured income, with rent reviews on the 30th March 2019, 2022 and 2025.
The current rental income is £20,000 per annum (£5.68 psf), offering strong prospects for rental growth.
The long year term certain offers a readily available income stream requiring minimal asset management. There are longer-term redevelopment angles, subject to planning, given that the unit is located opposite the new Ysgol Glan Morfa primary school.
2 & 3 Seaview Units, Lewis Road, Ocean Park, Cardiff, CF24 5EB
Type: Distribution Warehouse, General Industrial, Industrial Park, Retail Park, Warehouse, Industrial, Retail
2 & 3 Seaview Units, Lewis Road, Ocean Park, Cardiff, , Cardiff, CF24 5EBGBCardiff, CardiffGlamorganCF24 5EBLewis Road
• Total passing rent £32,500 per annum, exc. • Effectively FRI lease terms, via service charge • WAULT: 5.75 years (approximately) • Ground floor: Veterinary practice ◦ Let to Westway Veterinary Centres Ltd (07177168) • First floor: Carpet showroom ◦ Let to 2 individuals & recently renewed lease • On busy road opposite Bus Station and public car park • Guide price: £360,000 (net initial yield: 8.69%)
13-15, Medomsley Road, Consett, DH8 5HE
Type: General Retail, Retail - High Street, Retail - Out of Town, Trade Counter, Leisure Property, Mixed Use, Showroom, Other, Retail, Licensed & Leisure, Other Property Types & Opportunities
The property was most recently utilised as a bank and extends over basement, ground, first, second and third floors. The property benefits from a car park to the rear. Nearby occupiers include Pizza Express, Savers, KFC and Marks and Spencers.
- Car park to the rear - Nearby occupiers include Pizza Express, Savers, KFC and Marks and Spencer - The premises benefit from planning consent for A2 use - Offers in excess of £ 225,000
We are currently marketing a really unique opportunity in Exmouth Market – the first time on the market in almost 20 years. Coffee, bagels, music (and cocktails) is the theme of a small, well established and iconic fixture of the Exmouth Market scene with A1 food use and a Premises Licence so the venue can change from a coffee and bagel bar during the day to a cool hangout for drinks and food in the evening.
10 covers inside, seating at the front and a 20 seat courtyard at the back. Affordable rent and 2 years left on the lease – inside the L&T Act so it’s renewable
COOL, FUNKY AND INDEPENDENT
Type: General Retail, Retail - High Street, Leisure Property, Restaurant/Cafes, Retail, Licensed & Leisure
Prominent Roadside Location High Footfall 450sq ft Rates Exempt O/O £15,000p.a Freehold Offers Invited
Location The subjects are situated on the South side of Paisley Road West to the West of its junctions with Lammermore Avenue & the A739 within the Cardonald area of Glasgow. Cardonald is a suburb of Glasgow situated 5 miles South-West of the City Centre. Paisley Road West is a busy main road with a variety of commercial occupiers with surrounding residential dwellings & schooling. Neighbouring occupiers include Lloyd’s Pharmacy, Cochrane & Dickie, Cardonald Medical Centre & Morrison’s Supermarket.
The subjects comprise a mid terrace single storey retail unit within a larger retail parade surmounted by a pitched roof overlaid in tile. The subjects benefit from a single frontage with glazed display window and access via a single aluminium framed glazed door leading to an open plan sales area with floors being overlaid with ceramic tile and lighting provided by way of ceiling mounted fluorescent strip lights. The subjects have been partitioned to the rear to form staff tea prep and W.C area.
Area The subjects have been measured on a Net Internal Area basis to form;
Ground: 41.8sqm (450sq ft)
The subjects have been assessed and entered onto the valuation roll with the following NAV/RV;
The subjects qualify for 100% rates exemption under the small business rates relief scheme.
Proposal The subjects are available on a new full repairing and insuring lease for a negotiable term for offers in excess of £15,000per annum. Our client will consider offers for their freehold interest in the subjects.
V.A.T Prices quoted are exclusive of V.A.T
E.P.C Available on request
Viewing By appointment only
Legal Each party shall bear their own costs incurred in the transaction.
TO LET /MAY SELL: FORMER GREGGS RETAIL SPACE IN BUSY PARADE
Type: Retail, Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Healthcare, Showroom, Other Property Types & Opportunities
1849 Paisley Road West, G52 3SXGBGlasgowCity of GlasgowG52 3SX1849, Paisley Road West
Town Centre Location High Footfall Prominent Frontage Well Presented 650sq ft £12,000p.a. Freehold Price on Application
The subjects are situated on the East side of Causeyside Street South of its junction with Johnston Street and North of its junction with Canal Street within Paisley’s town centre.
The subjects benefit from being located on an arterial route through Paisley with high volumes of vehicular and pedestrian traffic throughout the day. Public transport links are within close proximity with a number of bus stops within a minutes walk and Paisley Canal Street train station within 5 minutes walk. Causeyside Street is Paisley’s secondary commercial area with a number of commercial occupiers along with residential dwellings above and surrounding the area.
The subjects comprise a mid-terrace ground floor retail unit with single glazed frontage within a larger 5 storey traditional tenement building. The subjects are secured by aluminium roller shutter with access gained via a recessed aluminium framed glazed door leading to an open plan office / retail space. The subjects benefit from laminated timber floor covering throughout with commercial carpet tiles with lighting provided by fluorescent strips recessed within the suspended acoustic tile ceiling.
The rear of the subjects benefits from exit to a rear courtyard, private office / storage along with w.c facilities and tea prep area.
The subjects are heated by way of wall mounted electric storage radiators and benefit from intruder alarm system.
The subjects have been measured on a Net Internal Area basis and extend to the following;
Ground: 60.4sqm (650sq ft)
The subjects have been assessed and entered onto the valuation roll with the following NAV/RV:
The subjects are available on a new full repairing and insuring lease for a negotiable term for £12,000per annum. Our client is prepared to offer incentives for any party leasing the subjects, subject to terms of the lease. Our client will also dispose of their freehold interest in the subjects, further information available on request
Prices and premiums quoted exclusive of V.A.T.
Available on request
TO LET / FOR SALE: PROMINENT GROUND FLOOR RETAIL UNIT IN PAISLEY TOWN CENTRE
Type: Retail - High Street, Retail - Out of Town, Restaurant/Cafes, Showroom, Retail, Other Property Types & Opportunities
49 Causeyside Street, PA1 1YNGBPaisleyRenfrewshirePA1 1YN49, Causeyside Street
The subject property is located in Upton, a small town close to Birkenhead approximately 5 miles south west of Liverpool City Centre (via the Mersey Tunnel). The premises are situated within a parade of retail units fronting Ford Road benefiting from on street park to the front. The property comprises ground floor retail/office premises benefitting from suspended ceilings and laminate flooring. To the rear of the premises is a large storage area/staff facilities, in addition to a rear yard.
140 Ford Road, Upton, Wirral
Type: General Retail, Retail - High Street, Office, Mixed Use, Retail, Offices, Other Property Types & Opportunities
140 Ford Road, CH49 0TQGBWirralMerseysideCH49 0TQ140, Ford Road
Occupying a prominent position on Liverpool Road, close to its junction with Endbutt Lane, A565, a principal route north of Liverpool City Centre to the suburbs of Waterloo, Crosby, Blundellsands and leading to Formby and Southport, connecting with the North West motorway system including M57, M58 and M6. The premises have been used as a car showroom and associated workshop since the 1960's and are now available to let on flexible lease terms either as a whole or in part.
113 Liverpool Road, Crosby
Type: Light Industrial, General Retail, Healthcare, Mixed Use, Showroom, Industrial, Retail, Other Property Types & Opportunities
113 Liverpool Road, Liverpool, L23 5TDGBLiverpoolMerseysideL23 5TD113, Liverpool Road
The property comprises a 3 storey building of brick construction under a pitched tiled roof which is protected by parapet walls. The ground floor comprises a retail unit; access is only available from the front of the property.
The upper floors are self-contained with an access off Northgate Street are derelict at present.
TENANCY The ground floor is let to Newbridge Amusements Ltd for a term of 10 years from 17th June 2016 with a tenant’s break clause on the 5th anniversary, subject to them giving 6 months prior written notice. The current rent is £20,000 per annum with a rent review due on 17th June 2021. The lease is on a FRI basis via a service charge contribution. A 6 month deposit has been paid.
The upper floors are vacant.
The property has an EPC rating of F-131. Certificate Ref No: 0860-0835-6709-7003-7006.
GLOUCESTER - 49/51 NORTHGATE STREET
Type: Retail, Retail - High Street, Mixed Use, Other Property Types & Opportunities
49-51 Northgate Street, GL1 2AJGBGloucesterGloucestershireGL1 2AJ49-51, Northgate Street
* Prime retail investment situated in close proximity to Gloucester Cross. * The purchase price of £425,000 equates to a gross initial yield equating to 12.66% or a net initial yield of 12.23%, after purchaser’s costs of 3.5% have been taken into account. * For the year end 31st August 2017, Boots Opticians Professional Services Limited reported a pre-tax profit of £26,250,000, shareholders' funds of £143,111,000 and a net worth of £72,683,000.
The property comprises a mid-terrace building of brick construction under a pitched tiled roof which is protected by a parapet wall. The accommodation is over 3 floors with the main retail area and an office on the ground floor with consulting rooms and staff facilities on the first floor. There is no access to the second floor at present.
It mainly has painted plastered walls, suspended ceilings with inset lighting and floor coverings. The retail area has a fully glazed frontage and comfort cooling.
The property has an Energy Performance rating of D-94. Certificate Ref. No. 0960-9983-0357-0390-1094.
TENANCY The property is let to Boots Opticians Professional Services Limited (following assignment in September 2009) for a period of 10 years to expire 31st March 2019. The passing rent is £53,812 per annum exclusive. The lease included a rent review on the 5th anniversary of the term. The tenant is required to keep the property in good repair and condition and to decorate the interior in every 7 years and the exterior every 5 years. The property is to be decorated throughout during the last 6 months of the term. The tenants have confirmed that they do not intend to renew the lease when it expires.
A copy of the lease is available upon request.
GLOUCESTER - 7 EASTGATE STREET
Type: Retail, General Retail, Retail - High Street
7 Eastgate Street, GL1 1NSGBGloucesterGloucestershireGL1 1NS7, Eastgate Street
Freehold mixed-use investment opportunity situated close to the historic Market Place in the centre of Hexham and with residential accommodation. EPC Ratings: Commercial & Residential TBC.
Ground floor retail unit (43.2 sq m) – residential apartment including: kitchen/diner – bedroom no.1/living – bathroom/w.c. – bedroom no.2 - study/sitting room – shower room/w.c. pleasant aspect over the historic Abbey grounds – freehold with vacant possession – excellent investment potential and scope for further development (subject to any necessary consents)
MIXED USE INVESTMENT OPPORTUNITY
Type: Residential, Retail, Mixed use, Other Property Types & Opportunities
10 Market Street, NE46 3NUGBHexhamNorthumberlandNE46 3NU10, Market Street
The premises briefly comprise a stone built mid terrace retail unit located on the busy Halifax Road running through the centre of Todmorden Town.
The property is set out over 3 floors having a retail area to the ground floor and ancillary storage to the upper levels. A basement can be accessed externally from the rear elevation. The ground floor offers an open plan retail area having large shop frontage, suspended ceiling with inset lights, WC facilities and timber effect flooring throughout. Free street parking is available within the direct vicinity.
Services to include electricity, gas, 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.
The property is currently tenanted by Tia Greyhound who pay an annual rental of £7,200. ( Agency Pilot Software Ref: 1771 )
26 Halifax Road, Todmorden, OL14 5QG
Type: Office, General Retail, Other, Offices, Retail, Other Property Types & Opportunities
Multi Let Industrial Investment The site is situated within the popular Standard Way Business Park, Northallerton approximately 15 miles south of Darlington, 30 miles north of York and 52 miles north of Leeds with convenient access across the region via A19/1AM. Self contained trade park comprising four units constructed circa 1990 of steel portal frame construction with corrugated sheet cladding to elevations. Gross Internal Area 15,403sq.ft. Total Site Area 1.3 acres Fully occupied - total rents received £71,750 (reserved until March 2020) Offers in the Region of £725,000 reflecting a net initial yield 9.45% (after assuming purchasers costs at 4.4%)
Standard Way, Northallerton, DL6 2XE
Type: Industrial, Trade Park, Business park, General Industrial, Industrial Park, Light Industrial, Warehouse, Trade Counter, Offices, Retail
Standard Court, Standard Way, Northallerton, DL6 2XEGBNorthallertonNorth YorkshireDL6 2XEStandard Way
- Trade Counter and Offices with Secure Yard - 597.28 Sq. M. (6,427 Sq. Ft.) - Includes Adjoining Unit with Income Potential - Established Industrial Estate - Site Area 0.28 Acre - Nearby Occupiers Include Screwfix & Topps Tiles - Available on a New lease on Terms to be Agreed or Sold - Rare Opportunity - Internal Viewing Recommended - Potential to Split - Investment Opportunity ( Agency Pilot Software Ref: 14868716 )
Unit 11 & 11a, Lakes Industrial Estate, Braintree, CM7 3RU
Type: Office, Distribution Warehouse, Land, General Industrial, Light Industrial, Retail - Out of Town, Retail Park, Offices, Industrial, Commercial Land, Retail
Unit 11 & 11a, Lakes Industrial Estate, Braintree, CM7 3RUGBBraintree, BraintreeEssexCM7 3RULower Chapel Hill