Shops for sale

Freehold Retail/Leisure Investment
with additional Residential Development Potential
OIEO £3,000,000

• 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

UNBROKEN FREEHOLD FOR SALE

• 7 Flats all let on ASTs (1 x studio, 4 x 1 beds, 2 x 2 beds)
• Commercial unit on ground floor let at £15,000pa
• TOTAL income £115,740 per annum
• We are seeking offers in the region of £2,400,000 for the freehold interest

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

• 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

l Established commercial location of Granby Street
l 5 minutes walk from Leicester Railway Station
l Conversion of upper floors to 27 flats, fully pre-let to students
l Ground floor commercial unit let to World Street Cafe Bar Ltd
l Combined gross ERV of £276,360 pa
l Offers invited in the region of £3,250,000 (Three Million, Two Hundred and Fifty Thousand Pounds) for the freehold interest, subject to contract. This reflects a gross yield on gross ERV of 8.50%

3.2 ACRE MAJOR REDEVELOPMENT OPPORTUNITY OPPOSITE DEVONPORT DOCKYARD

• Site suitable for various uses (STPP)

• Unconditional and conditional deals considered

• Existing GIA of 11,397 sq m (122,682 sq ft)

• Site area of 1.29 hectares (3.2 acres)

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 )

For Sale / To Let - New retail development on the south side of Woodchurch Road, a popular shopping destination due to its accessibility and large residential population within walking distance. The units are due to be completed in Spring 2019 and comprise either the whole unit of 2,000 sq ft for £29,500 pa, or can be split into two smaller units of 1,000 sq ft with rentals of £17,250 or £16,000. Nearby occupiers include Kwik Fit, Farm Foods, Rightway, Home Bargains, Subway and Lloyds TSB. Woodchurch Road is approx 5 miles from Liverpool city centre and one mile from junction 3 of the M53. Available by way of a new FRI lease for a term to be agreed.

• HIGH FOOTFALL VOLUMES – WITHIN CLOSE PROXIMITY TO HIGH STREET AND BUS STOPS• CLASS 3 PLANNING CONSENT - WITH VENTILATION• ARRANGED OVER GROUND AND BASEMENT LEVELS• REFURBISHED TO A HIGH STANDARD• Net Internal Area: 585.73 sq.m (6,304 sq.ft)

Town centre social club fronting a busy A road. The Property comprises three trading rooms to ground floor with private flat and function room to the first floor. There is separate external access to first floor.

The Property is located fronting the A4100 High Street on the edge of the the town of Blackheath, with vehicular access from Causeway. The surrounding area is a combination of residential - generally semi-detached - and commercial property including offices, hot food takeaways, a modern church and usual high street chains. The local library is located within sight and there are some other licensed premises within the vicinity.

The Property comprises a two-storey semi-detached building of brick construction, set beneath a multi-pitched tile covered roof with a single storey extension to the rear beneath a flat roof. Ground floor trading accommodation; first floor private flat, former function room and staff facilities; basement beer cellar and store. Externally, there is an alleyway to the side and what appears to be a small yard to the rear. The building footprint extends to approximately 4,474 sqft. The overall site extends to approximately 0.14 acres.

FREEHOLD RETAIL INVESTMENT producing £17,500 per annum with an automatic minimum increase to £18,587 pax in 2020, highly prominent retail units within large residential catchment area, part of busy retail parade, ample public and staff car parking, majority let to NatWest until June 2025, good Asset Management potential.

The property is arranged on ground and one upper floor to provide three ground floor shop units.

The bank benefits from offices and staff ancillary accommodation at first floor level which extends over part of the adjoining shop.

The remainder of the first floor provides a flat, which together with Shop No. 423 has been sold off on a long lease.

Ample on-site customer car parking is available with staff parking to the rear, plus the inclusion of a lockup garage.

EPC : C69

LOCATION
The property is situated approximately 3 miles south of Lincoln City Centre and forms part of a parade of shops with a busy main road frontage.

The parade offers a wide range of independent shops including florist, beautician, off-licence, hairdresser, optician and fish & chip shop.

The A46 Lincoln bypass and dual carriageway to Newark, where access is available on to the A1, is located approximately 3 miles to the south.

VAT
We understand VAT is not payable but this is to be confirmed.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

COVENANT
The Royal Bank of Scotland reported a turnover of £16.063 billion and pre-tax profits of £2.239 billion for the year ending 31st December 2017.

AGENT’S NOTE
The Royal Bank of Scotland have appointed Banks Long & Co to also act on the sub-letting of its Lease. Further information can be provided on request.

VIEWING
To view the premises and for any additional information please contact the sole agents.

Vacant character ground floor shop in busy and popular town centre with self-contained 3 bedroom maisonette currently let on AST. Ground floor sales: 594 sq ft (55 sq m). Basement storage: 210 sq ft / 19.5 sq m.

The subject property comprises a five storey mid-terraced mixed use block. The building is of steel frame construction with a traditional masonry envelope and surmounted by a pitched and hipped roof with tile covering.

The ground floor leisure units feature fully glazed frontages and benefit from high quality internal fit out commensurate with the standard expected of national leisure operators.
( Agency Pilot Software Ref: 39367 )

The property comprises a ground floor retail unit and small basement. There is also currently a self-contained one bedroom maisonette with separate access from the High Street.

A planning application has been submitted for A3 (restaurant) use on the ground floor and the creation of an additional one bedroom maisonette accessed from the rear of the property in Reginald Square.

( Agency Pilot Software Ref: 4302 )

Industrial Space / Retail Unit with 4 bed detached house, 8 miles from Llanfair and 36 miles from Shrewbury
( Agency Pilot Software Ref: 1194 )

Located just off High Street and immediately opposite the entrance to the Howgate Shopping Centre
Modern open-plan accommodation with ancillary basement storage
Benefits from class 3 consent with scope for outdoor seating
New FRI lease available

Development Opportunity The property comprises of a detached three storey period building with additional basement. The property was previously used as a Public House and the ground floor remains configured for this use. The upper floors, which could become separately accessed provide residential accommodation, which could be straight forward to convert to flats or HMO accommodation, subject to obtaining the necessary planning consents.



(From Caldes Software. Property Ref: N89541. Oct 16 2018 9:25PM)

Retail Investment Opportunity The property comprises of an attractive period building which is arranged over ground, first, second and third floors. The ground floor and basement are let to the Coventry Building Society and the ground floor has been fitted out as a retail bank.



(From Caldes Software. Property Ref: N87629. Oct 16 2018 7:39PM)

For SaleRetail PremisesTown Centre LocationNIA: 70.68 sq.m (761 sq.ft)

For SaleRetail PremisesClass 1 ConsentNIA 202.12 sq.m (2,176 sq.ft)

For SaleRetail PremisesNIA 84.48 sq.m (909 sq.ft)

To Let/May SellRetail PremisesNIA: 57.88 sq.m (623 sq.ft)

For SaleRetail with Bakery, Offices and First Floor Flat No premium sought for business GIA: 435.50 sq.m (4,688 sq.ft)