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

• Mixed use investment opportunity on Didcot Broadway with permitted development potential to convert 6,092 sq ft of upper floor space to residential.

• 3,870 sq ft of ground floor retail across seven units and rental income over £157,000 p.a.

• Located approximately 5 mins from Didcot Parkway Train station with regular trains to London Paddington (40 mins), Reading (13 mins) and Oxford (13 mins).

• Offers in excess of £2,500,000.

• For sale Freehold.

TO LET (MAY SELL)
WAREHOUSING/INDUSTRIAL/TRADE COUNTER

10,008 sq ft (930 sq m)

Prominent roadside Trade Counter opportunity.

2 miles to Wolverhampton City Centre.

3.6 miles M6 J10 via the A454 Black Country Route.

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

PROMINENT DEVELOPMENT OPPORTUNITY FOR SALE

VICTORIA ROAD, OSWESTRY, SY11 2HU

• Retail development opportunity adjacent to Lidl.

• Current planning for 16,200 sqft (1,505 sqm) of retail accommodation.

• Car parking, service yard and services all already in situ.

• Interest invited from developers/contractors.

•Prime Development Lands of c.7 acres with short-term income of £210,000 per annum.

•Boucher Road is the premier ‘out of town’ retail warehousing, trade counter and car show room district in Northern Ireland.

•One of the few sites in the Boucher area with no ground rents payable.

•Offers invited in the region of £8,500,000.

EXMOUTH, DEVON – DEVELOPMENT SITE WITH POTENTIAL FOR EMPLOYMENT USES

SALTERTON ROAD, EXMOUTH, EX8 2TS - DEVELOPMENT SITE – c. 2.4 ACRES

Prime site adjacent to Tesco

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.