Self-contained banking premises located in the heart of Spalding Town Centre. Fully let to Nottingham Building Society until November 2032 (tenant break in November 2028) and producing £16,500 pa (rent reviews due from 13/11/22 and 13/11/27). Rear access gives potential for future self-containment of upper parts.
Commercial investment comprising a self-contained ground floor retail unit and a first floor self-contained office located on the popular Histon High Street. Producing £27,600 per annum exclusive. The property has 5 car parking spaces at the rear.
The property comprises a plot of land being irregular in shape and currently used as a car park. The site has recently been cleared and an old facade removed, the site is now ideal for redevelopment.
Of interest to owner occupiers, investors and developers. This freehold of this attractive period building situated close to the Norman Tower and Cathedral in Bury St Edmunds highly sought after medieval grid is available now for sale. The property has a prominent façade and provides commercial and residential accommodation arranged over three floors plus basement. . The commercial property benefits from a large glazed double frontage and glazed double entrance doors, tiled floors, and exposed timber beams. To the first and second floors are two large self-contained residential flats providing spacious living accommodation with high ceilings and period features. The flats benefit from a separate access and may also be accessed internally from the ground floor. The property has further development potential (subject to planning) and the vendor has made a recent application for residential change of use on the ground floor and basement.
Opportunity to acquire self contained single let industrial/warehouse investment on large 5 acre site providing low site cover of only 25.9%.
Target GIA approximately 56,510 sq.ft. (5,250 sqm) pre-let to Salvation Army Trading Co. Ltd on new 15 year lease without break following completion of the building which is scheduled for May 2020.
Initial rent of £485,000 per annum exclusive subject to a 5 yearly rent review pattern in line with RPI and subject to collar and cap of 1.5% and 4% per annum respectively.
The price is £9,100,000 exclusive of VAT, STC reflecting a net initial yield of 5% and capital value of £161.03 per sq.ft. assuming purchasers costs of 6.68%.
It is envisaged that the deal is structured by way of an initial payment for the site and balancing payment on completion or alternatively a purchase at practical completion of the development.
Part income producing mixed use two storey premises comprising of retail unit on ground floor with separately accessed one bedroom flat above.
Located in the busy market town of Rothwell.
Town centre multi-let investment. Fully let consisting of ground floor retail and first floor residential parts. The property is of brick-built construction under pitched roof. The ground floor is split into two retail units with 42 let to an off-license and 44 to a mini-market. The first floor is divided into 3 two bedroom flats all of which are let on assured short-hold tenancies.
Detached two storey premises formerly used as a restaurant in the heart of Whittlesey Town Centre. Ground floor provides waiting / bar area, restaurant seating areas, partly fitted commercial kitchen (including white walling, non slip floor, extractor hood and associated venting system, walk in fridge and various kitchen equipment), staff WC, storage areas and small conservatory. First floor provides additional open plan seating plus male & female WC’s. First floor could potentially be self contained to allow conversion to residential. The property has been refurbished throughout to include full redecoration and replacement carpeting.
Excellent Retail /Residential Opportunity.
Vacant ground floor retail/cafe with prominent frontage.
Six bedroom student accommodation on upper floors.
Popular location adjacent to Bradford University/College Campus and a short walk from the city centre.
Retail investment and superb residential development opportunity.
Rare Grade II Listed freehold opportunity.
Residential potential for 13/14 apartments.
Two retail units included producing £31,250 per annum.
Superb location within Otley town centre.