Commercial Property in UK available for sale
465

Grocery & Local Shops for Sale in the UK

Explore the Latest UK Grocery & Local Shops for Sale - Page 10

More details for 40-56 City Rd, London - Retail for Sale

The Lexington - 40-56 City Rd

London, EC1Y 2AN

  • Retail for Sale
  • £650,000 - £825,000
  • 1,047 - 1,775 sq ft
  • 2 Units Available
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More details for 162-164 High St, Maldon - Retail for Sale

162-164 High St

Maldon, CM9 5BX

  • Retail for Sale
  • £450,000
  • 1,480 sq ft
  • 1 Unit Available
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More details for 6 Market Sq, Waltham Abbey - Retail for Sale

6 Market Sq

Waltham Abbey, EN9 1DN

  • Retail for Sale
  • £475,000
  • 1,314 sq ft
  • 1 Unit Available
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More details for North Woolwich Rd, London - Build-to-Rent for Sale

Cape House - North Woolwich Rd

London, E16 2TN

  • Retail for Sale
  • £300,000 - £527,000
  • 990 - 1,679 sq ft
  • 2 Units Available
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More details for Thompson St, Barry - Retail for Sale

Thompson St

Barry, CF63 4JL

  • Retail for Sale
  • £350,000
  • 6,000 sq ft
  • 1 Unit Available
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More details for 25-39 Springfield Rd, Chelmsford - Office for Sale

Springfield House - 25-39 Springfield Rd

Chelmsford, CM2 6JE

  • Office / Retail for Sale
  • £950,000
  • 4,675 sq ft
  • 1 Unit Available
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More details for The White Hart Arcade – Retail for Sale, Launceston

The White Hart Arcade

  • Retail for Sale
  • £425,000
  • 5,156 sq ft
  • 7 Retail Properties

Launceston Portfolio of properties for Sale

Investment Consideration: Rental Income: £42,700 p.a. ERV: £48,940 p.a. GIY: 11.51% VAT is NOT applicable to this property Comprises retail parade of 8 retail units Two of the tenants in occupation for 10+ years White Hart Arcade has a successful trading record with almost full occupancy since it’s creation some 40 years ago Situated in the heart of the town centre with occupiers nearby including Costa Coffee, Halifax, NatWest, Barclays, Boots and many more. Property Description: Comprises retail parade of 8 double fronted retail units, providing the following accommodation and dimensions: Ground Floor Units Unit 2: 45 sq m (484 sq ft) open plan retail, wc Unit 3: 45 sq m (484 sq ft) open plan retail, wc Ground & First Floor Units Unit 4: 50 sq m (538 sq ft) open plan retail, storage, wc Unit 5: 72 sq m (775 sq ft) open plan retail, office, storage, wc Unit 6: 58 sq m (625 sq ft) open plan retail, storage, wc Unit 7: 72 sq m (775 sq ft) open plan retail, office, kitchen, wc Unit 8: 72 sq m (775 sq ft) open plan retail, storage, wc Unit 10: 65 sq m (700 sq ft) open plan retail, kitchen, storage, wc Total GIA: 479 sq m (5,156 sq ft) Tenancy: Unit 2 is at present let to Individual for a term of 12 Months from 21st December 2023 at a current rent of £5,100 per annum and the lease contains full repairing and insuring covenants. Unit 3 is at present let to Individual for a term of 2 Years from 11th February 2010 (Holding Over) at a current rent of £6,750 per annum and the lease contains full repairing and insuring covenants. Tenant in occupation for 14+ years. Unit 4 is at present vacant. ERV: £6,240 p.a. Unit 5 is at present let to Individual for a term of 5 Years from 29th October 2024 at a current rent of £5,980 per annum and the lease contains full repairing and insuring covenants. Rent review every year linked to RPI. Tenant break clause in 2025 NOT exercised. Deposit held of £1,000. Units 6 is at present let to Quick & Sons for a term of 12 Months from February 2026* at a current rent of £4,440 per annum and the lease contains full repairing and insuring covenants. *Lease renewal. Tenant in occupation for 3+ years. The property is currently in legals for a new 12 month lease. Rent inclusive of building insurance. No service charge paid by tenant. Unit 7 is at present let to Launceston Town Council for a term of 6 Years from 21st December 2012 (Holding Over) at a current rent of £6,750 per annum and the lease contains full repairing and insuring covenants. Tenant in occupation for 11+ years. Unit 8 is at present let to Individual for a term of 12 Months from 10th March 2022 (Holding Over) at a current rent of £4,750 per annum and the lease contains full repairing and insuring covenants. Unit 10 is at present let to an Individual for a term of 10 Years from 23rd July 2022 at a current rent of £9,000 p.a. and the lease contains full repairing and insuring covenants. Rent review every 3rd year open market upward only. No breaks. Location: Launceston sits near the Cornwall / Devon border alongside the A30 dual carriageway spine road for the two Counties and enjoys an excellent balance of travel distance to all parts of Cornwall and Devon. The town has a gorgeous town centre featuring a high percentage of listed buildings with a traditional central square. The White Hart Arcade takes access just off this square and links to Madford Lane which is a street offering free car parking much used by locals. Consequently, the White Hart Arcade is one of the main pedestrian footways into the town centre and being covered is also a very popular access during inclement weather. The Arcade has a successful trading record with almost full occupancy since it`s creation some 40 years ago.

Contact:

Blue Alpine Partners Ltd

Date on Market:

22/03/2024

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More details for 6-8 Market Pl, Saxmundham - Retail for Sale

6-8 Market Pl

Saxmundham, IP17 1AG

  • Retail for Sale
  • £225,000
  • 1,069 sq ft
  • Energy Performance: D
  • Commuter Rail

Saxmundham Retail for Sale

Prominent High street location. Located in the market town of Saxmundham, Suffolk, 18 miles North East of Ipswich. New letting to Algorial Retail Ltd providing a 10-year lease at £16,750 pa from 24 September 2021. The building provides a well-configured retail unit with an area totalling C. 1,069 sq ft GIA. Market Place is a traditional shopping street in Saxmundham, a small market town in East Suffolk (Pop approx. 4,100 - source: East Suffolk Coastal Local Plan) approximately 12 miles north of Woodbridge and 6 miles west of the coast at Aldeburgh. The county town of Ipswich is approximately 21 miles to the south. The railway station has regular services to Lowestoft and Ipswich from where there are trains to London Liverpool Street. The station is within a 5-minute walk from the property. Saxmundham is located some 8 miles west of Sizewell/Leiston where the Planning Inspectorate and Central Government have approved the construction of Sizewell C which will be an extension to the existing Nuclear Power Station and which will be constructed by EDF. Enabling works have recently commenced which will lead inevitably to increased business and construction activity in the surrounding area. Retail in Saxmundham is focused along Market Place and The High Street. There are very few multiple retailers in the area with a range of independents including art galleries, hairdressers, and small cafes/take-outs. There are two supermarkets serving the town: a Waitrose to the southeast of the High Street and a Tesco on Church Street opposite. 6-8 Market Place is a circa 1840 Grade II Listed building over 3 storeys, comprising a shop at the front with residential accommodation (which has been sold off on a long lease). The shop front has recently undergone significant external redecoration and improvement works. The ground floor to the front has a plate glass display window along the full length of the frontage with windows on the upper floors fitted with single glazed timber frames. There are two small plate glass shop display windows on the ground floor at the front overlooking Market Place. Retail space at 6/8 Market Place is accessed via a recessed shop front situated at no 8 Market Place. The property benefits from mains gas, electric, water and drainage. The building is located in a conservation area and the building is listed. The premise is let to ALGORIAL RETAIL LTD (Co Number: 12879930) on a 10-year FRI lease commencing on 24 September 2021. The passing rent is £16,750 per annum with an open market rental upwards only rent review in year 5. Market Place is let until September 2031 with no breaks leaving an unexpired lease term of 7 years and 8 months. The rent review in year 5 provides the purchaser with an opportunity for rental growth.

Contact:

Graham & Sibbald

Property Subtype:

Local Shop

Date on Market:

08/03/2024

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