Shops for sale

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 )

• 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 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

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

Exeter
Prominent City Centre Development Site
For Sale

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.

• 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

Out of town development land. 1.76 acres (0.71 hectares) - 3.35 acres (1.36 hectares) We are quoting the following per plot: Plot C1 GBP 250,000 exclusive Plot C2 GBP 300,000 exclusive Plot C3 GBP 200,000 exclusive Three parcels of land fronting Llantarnam Park Way and Lakeside on the established Llantarnam Business Park.



(From Caldes Software. Property Ref: N81749. Sep 20 2018 9:10PM)

• 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

• 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

Freehold Shop Investment Let to Ladbrokes Ltd on a Lease Expiring 2021.
Comprises a Betting Shop on the Ground Floor.
Current Rent Reserved £14,500 per annum
Tenure: Freehold

LOCATION Spennymoor has a population of approximately 20,000 and is located some 10 miles south of Durham and 15 miles north of Darlington. The town is served by the A68A which provides access to the A1(M) at Junction 61, some 4 miles to the east. The High Street provides the main shopping for the town and the property is located close to the Wetherspoon and directly opposite the Brewers Arms.

DESCRIPTION The property comprises a single storey commercial premises extending to 205 sq. m (2,206 sq. ft).

TENANCY The entire property is let to Ladbrokes Betting & Gaming Ltd for a term of 10 years from 23/09/2011 at a current rent of £14,500 per annum exclusive of rates. The lease provides for rent reviews every fifth year of the term and contains full repairing and insuring covenants.

VAT is applicable to this property.

GUIDE PRICE We are instructed to seek offers of £185,000 freehold, subject to contract and a commercial lease to Ladbrokes Betting & Gaming Ltd, producing a rental income of £14,500 per annum. A purchase at £185,000 would reflect a gross initial yield of 7.84%.

LEGAL COSTS Each party to bear their own legal costs in connection with this transaction.

ENERGY PERFORMANCE CERTIFICATE - EPC available upon request.

VIEWING Strictly by prior appointment with the sole agents Nicholas Percival Chartered Surveyors on 01206 563222 or info@nicholaspercival.co.uk
FAO: Tom Noble

LOCATION & DESCRIPTION
Romsey is an attractive market town in the Test Valley hosting a number of prime retailers such as
Waitrose, Bradbeers Department Store, Boots, Martins, M & Co, Costa, Caffe Nero etc to name but a
few.
The property itself comprises a three storey Grade 2 Listed Building with a retail unit on the ground
floor and retail/ancillary accommodation on the first and second floors. The property is well fitted out for
its current use and a side passageway gives rear access to this property and number of others.
Given the tenants position the property may be of interest to investors, and owner/occupiers seeking
the representation in the Town Centre offered by this rare opportunity.
ACCOMMODATION
Ground floor retail unit with modern shopfront
Internal width 12’ 8”
Initial shop depth 21’ 2”
Plus rear area
Net Sales 261 sq ft
First Floor – 2 rooms and waiting area 206 sq ft
WC
Second Floor – 2 rooms 204 sq ft
Total Net Area 721 sq ft
TENANT
The entire property is currently let to Boots Opticians, on a lease expiring 31st March 2019 at a passing
rent of £9450 pa exclusive of rates. Further details on the tenants position are available on request.
PRICE
The freehold is for sale subject to the subsisting lease at a price of £195,000. There is no VAT
applicable
EPC: Not required for a listed building.
RATES RV £8900

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

Freehold retail investment producing £35,000 per annum, prime High Street location next to Primark, Let to Signet Jewellers Ltd trading as H Samuel, price reflects net initial yields of 7.45%

The property provides a self-contained retail unit arranged over ground, first and second floor levels, providing ground floor retail areas, with ancillary staff and storage accommodation on the upper floors.

EPC Rating: D90

LOCATION
Scunthorpe has a population of circa 76,000 and is located approximately 30 miles south west of Hull and 21 miles east of Doncaster. The town is located at the junction of the A1077 and the A159, 5 miles north of the M180, which links to the M18 at J5, 16 miles to the west of the Town Centre.

The property is situated in a prime location on the High Street, the town’s principal retailing thoroughfare.

The property sits adjacent to Primark, with other nearby occupiers including Sports Direct, Topman, Ernest Jones Jewellers, Superdrug, WH Smith, New Look, B&M Bargains and Poundland.

COVENANTS
Signet Jewellers Limited are the worlds largest retailer of diamond jewellery with over 3,600 stores globally.

In the UK the company trades under the brands H Samuel and Ernest Jones and has 510 stores.

TENANCY
The property is let to Signet Jewellers Limited trading as H Samuel on a 5 year reversionary lease expiring on the 18th November 2026 with a current passing rent of £35,000 per annum.

The lease is drawn on Full Repairing and Insuring terms.

PROPOSAL
The Freehold interest in the property is available at a price of £450,000

A purchase at this price reflects a Net Initial Yield after standard acquisition costs of 7.45%

VAT may be payable in addition to the purchase price.

However the Vendors will consider a sale of the property by way of a TOGC.

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

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

PUDSEY

Pudsey is a Market Town in West Yorkshire. Originally independent, it was incorporated into the City of Leeds Metropolitan Borough in 1974 and is located mid-way between Bradford and Leeds. Historically, in the West Riding of Yorkshire, it has a population of 22,408. The town was famous in the 18th and 19th Centuries for wool manufacture and from the 19th Century for cricket – Yorkshire and England cricketer Sir Len Hutton, Herbert Sutcliffe, Ray Illingworth and Matthew Hoggard all learnt to play in Pudsey!

The town benefits from a small railway station known as New Pudsey Railway Station and is on the main line between Leeds and Bradford Interchange, one of the major commuter routes in West Yorkshire.

LOCATION

The property occupies a central location, towards the eastern end of Lowtown, being close to its junction with Lidget Hill and at the junction with Manor House Street, which links from Lowtown to Robin Lane.

The parade is well positioned, close to a number of major occupiers including World Choice, Altons and virtually opposite the Wetherby Whaler. There are a large number of local occupiers nearby, restaurants and A5 take-aways. In the immediate vicinity is Bojangles Bar, The Pudsey Liberal Club, Funky Shake, Cuccina Pizzeria and The Pudsey Tavern. Pudsey Town Hall is approximately 50 yards to the east.

DESCRIPTION

The property comprises 4 x retail units, let predominantly to local occupiers but including a unit occupied by Scope with a new 10 year lease in place (break at year 5). Occupiers also include a florist, shoe repairer and a sandwich shop (now closed).

TENANCIES / RENTAL INCOME

The 4 retail units provide a total net income of £41,500 per annum. Unit 3 Lowtown is shortly to become vacant however, strong letting interest has been identified and we anticipate that this tenant will be replaced at the end of their lease in December (if not before) by a new tenant at the current passing rental.

A Schedule of Tenancies is attached. Further information available upon request.

RATING ASSESSMENT

Each of the units are assessed for Uniform Business Rates as follows:-

Address: 1 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £4,700

Address: 3 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £5,800

Address: 5 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £6,200

Address: 7 Lowtown, Pudsey, LS28 7BQ
Description: Shop & Premises
Rateable Value: £18,500

The Uniform Business Rate for 2018/2019 is 49.3 pence in the £.

PRICE

Offers are invited in excess of £500,000 for the freehold interest subject to the occupational leases. Subject to Contract.

VAT

The property is understood not to be subject to VAT and, VAT will not be chargeable upon the purchase price

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in the transaction.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Ratings for each property are:-

3 Lowtown – F – 135

Additional Energy Performance Certificates in relation to the remaining properties are commissioned.

PUDSEY

Pudsey is a Market Town in West Yorkshire. Originally independent, it was incorporated into the City of Leeds Metropolitan Borough in 1974 and is located mid-way between Bradford and Leeds. Historically, in the West Riding of Yorkshire, it has a population of 22,408. The town was famous in the 18th and 19th Centuries for wool manufacture and from the 19th Century for cricket – Yorkshire and England cricketer Sir Len Hutton, Herbert Sutcliffe, Ray Illingworth and Matthew Hoggard all learnt to play in Pudsey!

The town benefits from a small railway station known as New Pudsey Railway Station and is on the main line between Leeds and Bradford Interchange, one of the major commuter routes in West Yorkshire.


LOCATION

The property occupies an established retail location, fronting onto Lidget Hill, close to its junction with Church Lane/Lowtown and Robin Lane at the centre of Pudsey.

The main retail area is centred around this crossroads, being close to Pudsey Town Hall and nearby occupiers include National Westminster Bank Plc, HSBC Bank Plc, Yorkshire Bank etc. Nearby on Lidget Hill are Santander, Bloom Hearing Specialists, Co-operative Funeral Care, Specsavers and Ison Harrison Solicitors.

To the rear of the property is one of the major town centre car parks and further car parking is available on Lidget Hill.

DESCRIPTION

The property comprises a 2-storey block of retail and office units, situated in an excellent town centre location. The ground floor comprises a total of 6 retail units, incorporating tenants such as Yorkshire Building Society, St Gemma’s Hospice, Coral Racing and TCCT Retail Ltd. (Thomas Cook). Coral Racing have sub-let part of their unit to TUI Travel Agents.

The first floor is predominantly divided into two office areas, predominantly occupied by Broadhead Peel & Rhodes trading as BPR Heaton Accountants. The remaining upper floors being occupied with ground floor units.

TENANCIES / RENTAL INCOME

The property is currently let on 6 full repairing and insuring leases by way of service charge recovery, producing a total net rental income of £156,940 per annum. The income is well secured on a number of strong covenants, the vast majority of whom have been in occupation for a considerable period of time. Broadhead Peel & Rhodes are currently “holding over” pending the completion of a new lease agreement.

A Schedule of Tenancies is attached. Further information available upon request.

RATING ASSESSMENT

Each of the units are assessed for Uniform Business Rates as follows:-

Address: 19 Lidget Hill, Pudsey, LS28 7LG
Description: Shop, Office & Premises
Rateable Value: £19,000

Address: 21/23 Lidget Hill, Pudsey, LS28 7LG
Description: Bank & Premises
Rateable Value: £26,250

Address: 25 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £14,000

Address: 27 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £10,750

Address: 27A Lidget Hill, Pudsey, LS28 7LG
Description: Offices & Premises
Rateable Value: £24,750

Address: 29 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £14,500

Address: 31 Lidget Hill, Pudsey, LS28 7LG
Description: Shop & Premises
Rateable Value: £11,250

The Uniform Business Rate for 2018/2019 is 49.3 pence in the £.

PRICE

Offers are invited in excess of £1,970,000 for the freehold interest subject to the occupational leases, reflecting a net initial yield in the region of 7.5% after usual purchasers costs. Subject To Contract.

VAT

VAT will not be chargeable on the sale.

LEGAL COSTS

Each party to be responsible for their own legal costs incurred in the transaction.

ENERGY PERFORMANCE CERTIFICATE

The Energy Performance Ratings for each property are:-

19 Lidget Hill – E – 123
21 Lidget Hill – C – 66
23 Lidget Hill – C – 55

Additional Energy Performance Certificates in relation to the remaining properties are commissioned.

Freehold retail investment producing £45,000 per annum, prime High Street location next to Primark, Let to Betfred until January 2021, offers are invited over £400,000, price reflects net initial yield of 10.80%

The property provides a self-contained retail unit arranged over ground, first and second floor levels, providing ground floor retail areas, with ancillary staff and storage accommodation on the upper floors.

EPC Rating: D80

LOCATION
Scunthorpe has a population of circa 76,000 and is located approximately 30 miles south west of Hull and 21 miles east of Doncaster.

The town is located at the junction of the A1077 and the A159, 5 miles north of the M180, which links to the M18 at J5, 16 miles to the west of the Town Centre.

The property is situated in a prime location on the High Street, the town’s principal retailing thoroughfare.

The property sits adjacent to Primark, with other nearby occupiers including Sports Direct, Topman, Ernest Jones Jewellers, Superdrug, WH Smith, New Look, B&M Bargains and Poundland.

COVENANT
The Betfred Group Limited operate from nearly 1,700 shops in the UK and generated a turnover for the year ending 24/09/2017 of £634,474,000.

The company have a Creditsafe rating of 79/100.

TENANCY
The property is let to Betfred on a lease expiring on the 10th January 2021.

The current passing rent is £45,000 per annum.

The lease is drawn on Full Repairing and Insuring terms.

PROPOSAL
Offers in excess of £400,000 are invited for the Freehold interest in the property.

A purchase at this price reflects a Net Initial Yield after standard acquisition costs of 10.80%.

VAT may be payable in addition to the purchase price.

However the Vendors will consider a sale of the property by way of a TOGC.

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

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

The property comprises a mid-terrace corner retail unit which benefits from excellent roadside prominence on the A4311 (Moonrakers roundabout) which is the main link road from North Swindon into the town centre. Nearby occupiers include the Co-Op, Pizza Hut, Lloyds Pharmacy, KFC and Ladbrokes.

The property benefits from a 9.5m wide return frontage and includes a separate staff kitchen/break out area, WC and electric heating.
There is a public car park within a short walk of the property, which provides 23 spaces, all of which are free of charge for up to one hour. Charges apply there onwards.

The property comprises the ground floor of a prominent three storey, detached Grade B listed building. The upper floors are accessed via a spate entrance and are in residential use.

- The property is situated in the centre of the twon on Market Square.
- The property we understand has Class 2 planning use providing permitted change to Class 1 (Shops).
- The property has a 'G' rated Energy Performance Certificate.
- Closing Date set for Friday, 12th October at 12 noon

Fully-Let, High Yielding Investment Opportunity. - The property consists of a two-bay industrial unit measuring 20,476 sq ft of steel portal frame construction with brickwork to lower elevations and profile steel cladding to the upper elevations and pitched roof. There are two roller-shutter doors to the workshop areas with good height of 7.53 metres to the minimum eaves rising to 10.78 metres.

The unit is situated on a prominent, large site area of 1.27 acres providing generous yard and car parking facilities.

There is an additional 0.32 acre plot providing additional surfaced car parking.

Investment Considerations
? Fully-let producing a total income of £103,560 per annum gross.
? Income spread across 15 tenants well-established Tenants.
? Opportunity for organic rental growth with some Tenants secured at rental tones of £14 per sq ft.
? Medium term occupational leases allowing for a hold period with the opportunity to add value with proactive asset management through further renewals and re-gears.
? Longer term redevelopment opportunities of retail or office park afforded through prominent roadside situation and close proximity to the M4 Motorway, subject to planning.

Rare opportunity to acquire substantial freehold property in this popular and attractive Georgian market town. Substantial Grade II Listed property substantially improved and extended during our client's ownership providing ground floor sales approximately 1,3689sq.ft. Overall together with separate self contained flats, 1 x 3 beds, 1 x 1 bed. One flat is occupied to a long standing tenant on an Assured Shorthold Tenancy Agreement at £485 pcm. Viewing highly recommended

Situation
The property is situated on the banks of the River Deben within the new Whisstocks development. Deben Wharf comprises 3 commercial units, suitable for a variety of occupiers. Woodbridge Town Council will have a museum onsite and a boat shed with displays. The outside area will hold various events throughout the year. There are 634 car parking spaces close by.

Woodbridge is a very good demographic location with an increasing population in the local area. There are a lot of small to medium sized businesses in the town. The property is close to the Anchor Public House, The Table Restaurant, Riverside Theatre, Deben Swimmimg Pool, Adnams Wine Shop and the Railway Station with regular trains to Ipswich connecting to fast Inter-City services to London Liverpool Street.

Description
The property comprises a purpose built retail unit under newly constructed flats above as part of a group of 3 commercial units. The property has a concrete floor and block walls, and is finished as a double glazed shell unit, ready for the tenant to fit out.

Service Charge
There is a service charge levied on the property which is currently £1,808.01, which is payable by the tenant.

Terms
The property is available to let on new full repairing and insuring lease terms, for a term of years to be agreed, at a commencing rental of £42,700 per annum exclusive, or alternatively for sale on a virtual freehold basis by way of a 999 year lease at a price of £620,000 plus VAT.

The subject property is situated in The Mall, Sale. It was was most recently utilised as a bank and extends over ground and first floors. Nearby occupiers include Greenhalghs, WH Smith and Vodafone.

- Nearby occupiers including Greenhalghs, WH Smith and Vodafone.
- Existing lease at a passing rent of £50,200, expiring 03/01/2023
- The premises benefit from planning consent for A2 use

The subject property is situated on Crofts Bank Road occupying a prominent corner position. The property was most recently utilised as a bank and extends over basement, ground, first and second floors. Nearby occupiers include Sainsburys, Costa and Aldi.

- Nearby occupiers including Sainsburys, Costa and Aldi
- Offers in excess of £ 250,000
- The premises benefit from planning consent for A2 use