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Shops for sale in Bracklesham Road, PO13

Create Alert 8 results Sorry, we currently do not have any listings for sale in 0 miles of Bracklesham Road, PO13 - Please find below the nearest listings available.
For Sale£275,000.00
Location
Situated on Cowes Parade this office has fantastic views over the Solent within a mixture of various neighbouring commercial and residential properties. Cowes is an internationally renowned yachting centre and, with its Red Funnel links from Southampton, a very popular destination for the locals, yachting community and tourists alike.
Description
A ground floor office/retail unit with double aspect windows to the front, a separate internal office to the rear, a private photocopier room with networking and shared WCs and kitchen.
There are two tenancies in place for this property.
The tenants that currently let the office to the rear have access through the front office space and the front office space also has air conditioning, wooden floors and spotlights and an open space to the front.
This investment opportunity also benefits from a gym for the residents of The Parade together with the storage units for each apartment over. These are accessed from the rear off
of Bath Road.
Terms
Our client is asking for £275,000 for this property, on a long leasehold basis, 999 years from 2007 to include the current tenancies in place. The total current income is £22,000pa + Service Charges showing a net initial yield of circa 8%.
Business Rates
The VOA shows each unit is individually rated for business rates. Enquiries can be made at www.tax.service.gov.uk/business-rates-find/search.
A fantastic opportunity to purchase an investment property in a great location in Cowes
Type: Retail, Office, Offices
Location: Number One, The Parade, PO31 7QJ
Images: 1
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For Sale£645,000.00
LOCATION & DESCRIPTION

Southampton is the principal retail city on the South Coast, with the West Quay Shopping Centre just 100m or so from this property. Adjacent tenants include Boots Opticians, Sally Salon Supplies, Red Cross, Coffee#1, Lloyds Bank, Trespass, The Works, Moss Bros etc, and Marlands Shopping Centre is opposite.

The ground floor of this property is let to two individuals trading as CoSushi, a Sushi & Bento Restaurant and the property has an A3 planning consent. The two flats, on first & second floors, are self contained, approached from the rear and were sold off soon after they were refurbished.

ACCOMMODATION

Ground floor
Total Net Area 1537 sq ft
Rear access

RV £37,000
TERMS

The premises are let to Qin Chen and Guanxiong Lin on a 12 year FRI (by way of a service charge) lease from 7th August 2017, with 4 yearly upward only rent reviews and NO BREAK, at a rent of £49,000 pa exclusive of rates, service charge, insurance and VAT. A rent deposit is held by the landlord.

The two flats above are sold off on 125 year leases from January 2016 at a rent of £150 pa each.

Total income, therefore, is £49,300 pa. VAT is applicable

PRICE

The freehold is for sale subject to the subsisting leases at a price of £645,000 plus VAT representing a net initial yield of 7.25%. A sale by way of a TOGC can be considered to a qualifying purchaser.

EPC C – 70 for the ground floor
82, Above Bar Street, Southampton, SO14 7DT
Type: Retail
Location: 82 Above Bar Street, SO14 7DT
Size: 1537 Sq Ft
Images: 1
Brochures: 1
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For Sale£300,000.00
Situated to the top of Ryde High Street in a good secondary location. Neighbouring businesses and properties include Iceland, Carpets Direct and various other local and boutique stores.
Ryde is the largest town on the Island by population (circa 32,000 - 2011 census) and boasts fantastic shopping areas from High Street down to Union Street.
This popular town has links to the south of the Island via the Islandline train and Portsmouth and Southsea via the Hovercraft and Fast Cat.
Description
Offered for sale is 51 & 52 High Street Ryde. This property is currently opened up as one unit to the ground floor offering circa 1040 sq ft (96 sq m) of ground floor retail and storage space.
The property has partition walls which can be removed to create an open retail unit if desired. Or alternatively could be utilised as a joint venture for two complimentary businesses looking for accommodation.
There is rear pedestrian access on to Warwick Place.
The first and second floors are currently accessed via the rear of the property but No 51 has the option of being access via the High Street if required.
Accommodation is as follows: 51 High Street Stairs to first floor, access into Dining Room 3.19m x 3.66m Kitchen 3.17m x 1.7m Living Room 3.31m max x 5.48m Stairs to second floor Bedroom 1 5.47m x 3.34m max Bedroom 2 3.66m x 3.22m Bathroom & WC
This property has access from the residential to ground floor High Street. 52 High Street Stairs to first floor, access into Kitchen 3.5m x 2.3m Bathroom Dining Room 3.35m x 2.96m Living Room 4.98m x 3.36m max Stairs to second floor Bedroom 1 3.36m max x 5.18m Bedroom 2 3.33m max x 3.34m This property also has access into the ground floor commercial from the residential aspect.
The residential properties have recently been upgraded to include a new gas fired central heating system for each unit.
Services
The property benefits from mains electric, gas, water and drainage.
Business Rates & Council Tax
The ground floor is rated for business rates. The current rateable value is £7,600, using the current UBR the rates
payable would be circa £3800 not including any applicable small business rates relief.
The residential to the first and second floors is registered as one for council tax which is currently Band C.
Terms & Tenure
Our client is asking £300,000 for this property.
51 and 52 High Street are each sold on separate Land Registry titles. 51 High Street is held on a 999 year lease from 1864, 52 High Street is held on a 900 year lease from 1868.
The benefit of each property being individually registered is the ability to split the units into two separate properties if required.
Vacant retail premises with two storey residential over.
Type: Retail, Residential, General Retail, Retail - High Street
Location: 51-52 High Street, PO33 2RE
Images: 4
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For Sale£300,000.00
Potential investment opportunity. Vacant retail premises with residential over.


LOCATION
Situated to the top of Ryde High Street in a good secondary location. Neighbouring businesses and properties include Iceland, Carpets Direct and various other local and boutique stores.



Ryde is the largest town on the Island by population (circa 32,000 - 2011 census) and boasts fantastic shopping areas from High Street down to Union Street.

This popular town has links to the south of the Island via the Islandline train and Portsmouth and Southsea via the Hovercraft and Fast Cat.

DESCRIPTION
Offered for sale is 51 & 52 High Street Ryde. This property is currently opened up as one unit to the ground floor offering circa 1040 sq ft (96 sq m) of ground floor retail and storage space.

The property has partition walls which can be removed to create an open retail unit if desired. Or alternatively could be utilised as a joint venture for two complimentary businesses looking for accommodation.

There is rear pedestrian access on to Warwick Place.

The first and second floors are currently accessed via the rear of the property but No 51 has the option of being access via the High Street if required.

Accommodation is as follows:



51 High Street

Stairs to first floor, access into

Dining Room 3.19m x 3.66m

Kitchen 3.17m x 1.7m

Living Room 3.31m max x 5.48m

Stairs to second floor

Bedroom 1 5.47m x 3.34m max

Bedroom 2 3.66m x 3.22m

Bathroom & WC

This property has access from the residential to ground floor High Street.



52 High Street

Stairs to first floor, access into

Kitchen 3.5m x 2.3m

Bathroom

Dining Room 3.35m x 2.96m

Living Room 4.98m x 3.36m max

Stairs to second floor

Bedroom 1 3.36m max x 5.18m

Bedroom 2 3.33m max x 3.34m

This property also has access into the ground floor commercial from the residential aspect.

The residential properties have recently been upgraded to include a new gas fired central heating system for each unit.

SERVICES
The property benefits from mains electric, gas, water and drainage.
TERMS
Our client is asking £300,000 for this property.

51 and 52 High Street are each sold on separate Land Registry titles. 51 High Street is held on a 999 year lease from 1864, 52 High Street is held on a 900 year lease from 1868.

The benefit of each property being individually registered is the ability to split the units into two separate properties if required.

OUTGOINGS
The ground floor is rated for business rates. The current rateable value is £7,600, using the current UBR the rates payable would be circa £3800 not including any applicable small business rates relief.

The residential to the first and second floors is registered as one for council tax which is currently Band C.
VIEWING
The ground floor is rated for business rates. The current rateable value is £7,600, using the current UBR the rates

payable would be circa £3800 not including any applicable small business rates relief.

The residential to the first and second floors is registered as one for council tax which is currently Band C.





Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
51-52 High Street Ryde
Type: Residential, Retail, Land, Office, Commercial Land, Offices
Location: 51-52 High Street, PO33 2RE
Images: 6
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For SalePOA
INVESTMENT OPPORTUNITY

The property comprises 4 retail units, 3 of which are currently let to Yorkshire Building Society, STA Travel Ltd and Fexco Ltd producing an annual passing rent of £89,500. The occupied units have an unexpired term of just over 5 years with rent reviews due in 2019 for both the Yorkshire Building Society and STA Travel providing an opportunity to improve the rental income.

The property sits at the southern end of Commercial Road, Portsmouth approximately 150m away from Portsmouth & Southsea Station and in the vicinity of multiple new student developments in the city centre.
105 Commercial Road, Portsmouth, PO1 1BQ
Type: Retail, General Retail, Retail - High Street
Location: 105 Commercial Road, PO1 1BQ
Images: 1
View Property
For Sale£210,000.00
A fantastic opportunity to purchase a retail unit with separate residential accommodation above, in a popular seafront location on Ryde Esplanade.
LOCATION
Situated on Ryde Esplanade, within a stone's throw of the stunning beaches and Marina this property provides an excellent opportunity for either an investor or owner occupier. The property offers fantastic views of the Solent and mainland beyond and

is ideally situated for locals or commuters alike. The town’s bus station is directly opposite with Hovertravel, the Island Line train and Ryde Pier with Fastcat links to Portsmouth being on your doorstep.
DESCRIPTION
Offered for sale is this Grade II Listed three storey property offering the following accommodation:

Ground Floor

Commercial unit with approximately 76 sq m (818 sq ft) of retail space plus 10 sq m (107 sq ft) of storage and WC.

The front of the property is glazed and offers excellent display space for retailers. This commercial space is currently tenanted and offers a good investment opportunity for landlords. The current tenancy has 3 years left to run and the rental income is £10,000 per annum.

Separate side access (from George Street) to the residential accommodation making it an ideal holiday home/holiday let.

The accommodation offers shared access to:

PRIVATE ENTRANCE HALL Stairs up to landing.

CLOAKROOM Low level WC and hand wash basin.

LIVING ROOM 19' 10" x 12' 11" (6.07m x 3.96m)

Spacious room with double window looking towards the Pier with sea views across the Solent to the mainland.

KITCHEN/BREAKFAST ROOM 19' 3" x 14' 0" (5.89m x 4.27m)

Really spacious room with fitted floor and wall mounted units. Two replacements windows. Feature ornate fireplace and breakfast bar.

STAIRS TO FIRST FLOOR

BEDROOM 1 14' 0" x 12' 0" (4.27m x 3.66m)

Double room with built in wardrobe. Small storage cupboard.

BEDROOM 2 12' 9" x 8' 11" (3.89m x 2.72m) Single room with views across the Solent.

BEDROOM 3 12' 9" x 11' 6" (3.89m x 3.51m) Double room with built in cupboard. Solent views.

BATHROOM A well proportioned bathroom comprising large shower cubicle, pedestal wash basin and low level WC.
SERVICES
The property has mains electric, water and drainage. A gas fired boiler provides all domestic hot water and central heating throughout via radiators to the residential only.
TERMS
Our client is asking £210,000 for this property freehold.
OUTGOINGS
Ground Floor Commercial

The VOA shows a rateable value of £9,000, the rates payable would be approximately £4320 per annum, not including any applicable small business rates relief.

First and Second floors residential

Council Tax Band B

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
13 Esplanade Ryde IOW
Type: Residential, Retail
Location: 13 Esplanade, PO33 2DY
Images: 10
View Property
For Sale£225,000.00
Opportunity to purchase a substantial commercial unit with residential in Shanklin Town Centre.
LOCATION
Situated on the corner of Cross Street and North Road in Shanklin, this prominent corner unit is opposite Regent Street and benefits from good visibility to passing traffic.

Shanklin offers a population circa 9000 (2011 census) and is a great shopping and retail hub to the south of the Island. Benefitting from year round trade and a boost in numbers in the summer season due to the high volume of tourists visiting the Old Village each year.

Shanklin offers good links to Lake, Sandown and Ryde via the railway and easy access to Ventnor.
DESCRIPTION
A substantial ground floor & part first floor commercial unit currently trading as a hair salon. The whole property offers approximately 200 sq m (2152 sq ft) including staff areas and reception.

To the rear of the unit with a separate access is a ground floor one bedroom flat with open plan living room/kitchen, shower room and WC. When let this unit provides income circa £4740 per annum, tenancy currently under application on an Assured Shorthold Tenancy agreement.

The unit also benefits from planning permission for conversion of part of the commercial unit to a 1 bedroom apartment with open plan living room/kitchen and bathroom. A copy of the planning permission and plans can be seen on request.


TERMS
Our client is asking guide price £225,000 for this substantial property with the benefit of the planning permission for conversion of part and a tenant in the residential apartment to the rear.
OUTGOINGS
The VOA shows a rateable value of £10,000, using the current UBR the rates payable will be approximately £4790 not including any small business rates relief where applicable. Please note once the conversion of part has been undertaken the unit will need to reassessed for business rates.
PLANNING
Planning permission for conversion of part to residential can be found at www.iwight.com by searching TCP/00497/X or P/00187/17.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.
Corinthian Court Cross Street Shanklin
Type: Residential, Retail, Other, Other Property Types & Opportunities
Location: Corinthian Court, Cross Street, Shanklin, PO37 6BU
Images: 3
View Property
For Sale£345,000.00
LOCATION & DESCRIPTION

Eastleigh is a former railway town about 5 miles to the north of Southampton, with excellent road, rail and air links to the rest of England & the continent. As a result it has built an enviable reputation as a distribution and manufacturing centre. The retail centre of Market Street and the more secondary High Street is supplemented by The Swan Shopping Centre with its Vue based leisure/restaurant extension.

The property itself comprises a two storey retail unit with a well established Charity trading from the ground floor. They have been in the premises since 2014 and utilise all of the rear storage area for the sorting, cleaning and storage of charity donations.

The first floor is a self-contained 1-2 bed flat, let on an Assured Shorthold Tenancy at a rent of £550 per month.

ACCOMMODATION

Ground floor retail unit -

Net Sales 607 sq ft Rear Ancillary 672 sq ft WC. Rear Access, one parking space Total Ground Floor Net Area 1279 sq ft

First floor flat comprising Living Room, Kitchen, Double Bedroom & Bathroom with additional second floor Living Room/Bedroom. This would benefit from some modernisation.

TENANTS
The ground floor is let to Life 2009, a registered charity https://lifecharity.org.uk/ established in 1970, and in 2016 they had a total income of £3.6m.

They have a 10 year lease from November 2014 with a 5 year upward only rent review and the tenant break at the end of the third year was not used. The current rent is £16000 pa exclusive, representing an ITZA rent of just under £31.00 psf. Recent lettings and lease renewals in Market Street have tended to be in the region of £40 psf ITZA so it is our contention that the rent is reversionary and could see an uplift on review.

However, even at £35 psf ITZA the ground floor rent equates to £17750 pa, plus the flat income of £6600 pa.

Total current income therefore is £22600 pa.

PRICE

The freehold is for sale freehold, subject to the subsisting lease, at a price of £335,000. There is no VAT applicable.

EPC: C – 73. Flat – E 51
RATES Ground floor RV £ 17750
FREEHOLD RETAIL INVESTMENT
Type: Retail, Leisure
Location: 3 Market Street, SO50 5RJ
Size: 1279 Sq Ft
Images: 1
Brochures: 1
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