Retail Properties for Sale in London

London Retail for Sale - North Woolwich

Date on Market:

04/12/2024

London Retail for Sale - North Woolwich

Property Subtype:

Shopfront

Date on Market:

04/12/2024

Greenford Retail for Sale

Investment Consideration: Gross Initial Yield: 3.00% Rental Income: £60,000 p.a. VAT is applicable to this property Comprises single storey vehicle repair centre with associated outbuildings on a plot of 0.13 acres Planning approved in April 2024 for demolition of existing centre and erection of a six-storey building to provide 4 retail units (Class E) and 12 self-contained residential dwellings (Class C3) Total approved residential & commercial GIA: 1,330 sq m (14,320 sq ft) Retail occupiers nearby include Lidl, Tesco Express, Costa Coffee, KFC, Post Office and many more Property Description: The property comprises single storey vehicle repair centre on a plot of 0.13 acres, with additional advertisement billboard, providing the following accommodation and dimensions: Ground Floor: 445 sq m (4,790 sq ft) Workshop, office, outdoor buildings, parking Tenancy: The car repair centre is at present let to A n H Motors for a term of years expiring October 2026 at a current rent of £50,000 per annum and the lease contains full repairing and insuring covenants. Outstanding rent review from 2021. The electronic billboard is at present let at a current rent of £10,000 p.a. and the lease contains full repairing and insuring covenants. Development Opportunity: Planning approved in April 2024 for demolition of existing building and erection of a six-storey block to provide 4 retail units (Class E) on the ground floor and basement level, and 12 self-contained residential units (5 x 1-Bed, 3 x 2-Bed and 3 x 3-Bed and 1 x 4-Bed) on the upper floors, and provision of communal roof garden and private amenity spaces, providing the following accommodation and dimensions: Ground Floor & Basement: 4 retail units First Floor: 2 x 1-Bed and 1 x 4-Bed Apartments Second Floor: 2 x 2-Bed and 1 x 1-Bed Apartments’ Third Floor: 2 x 3-Bed Apartments Fourth Floor: 1 x 3-Bed and 1 x 2-Bed Apartments Fifth Floor: 2 x 1-Bed Apartments Sixth Floor: Communal roof garden For more information, please refer planning 224272FUL on Ealing Council planning portal: Location: Greenford is a densely populated suburb of West London located some 9 miles west of Central London, located just to the south of the A40 Western Avenue, east of the A312 and 5 miles north-east of the M4 (Junction 3). The property is some 1.2 miles from Greenford Rail (West Ealing, 11 minutes) and Underground (Central Line) Station. Retail occupiers nearby include Lidl, Tesco Express, Costa Coffee, KFC, Post Office, Nationwide, Restaurants, Takeaway and many more.

Date on Market:

26/11/2024

London Retail for Sale - Battersea

Long Leasehold retail investment. New 999-year lease. Income: £35,000 per annum. Guide price: £480,000. Let on a 10-year lease from May 2022 to Gosh Gosh PMU & Training Academy Limited, with 5 yearly reviews.

Date on Market:

04/11/2024

London Retail for Sale - Finsbury

The premises are leased to Hinomi (UK) Limited, starting Nov 2023 for a period of 10 years at a passing rent of £33,000 pax.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

23/10/2024

London Retail for Sale - Shadwell

Comprising a retail parade of 5x shop units, well-located in the heart of Shoreditch. These 5 units are fully leased, and the sale price is £1,600,000.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

23/10/2024

London Retail for Sale - Shoreditch

Long-leasehold investment available, at a price of £4,100,000. The space is currently occupied by MSCP Wellbeing Limited.

Property Subtype:

Shopfront Retail / Office

Date on Market:

23/10/2024

London Build-to-Rent for Sale - North Woolwich

Located within Royal Wharf a mixed use area of Woolwich, close to West Silvertown and Pontoon Dock stations.

Property Subtype:

Apartment

Date on Market:

22/10/2024

London Office for Sale - North Woolwich

Located within Royal Wharf a mixed use area of Woolwich, close to West Silvertown and Pontoon Dock stations.

Date on Market:

22/10/2024

London Retail for Sale - North Woolwich

Royal Wharf is the ideal place for your next business venture with double shop frontage and mezzanine flooring opportunities also being readily available for all units.

Date on Market:

09/10/2024

Harrow Retail for Sale - Harrow, London

The portfolio comprises of the freehold and long leasehold interest of 3 mid-terraced shops and uppers situated in a prominent position on Station Parade at its junction with Belmont Circle roundabout. Nearby retailers include Tescos, Wenzels, and Costa Coffee. The aerial photos above show a self-dedicated car park to the rear of the portfolio.<br/><br/>Belmont Circle is a well-known parade locally within the commuter town of Harrow. Harrow is a popular residential and commercial area which lies approximately 11 miles north-west of central London.<br/><br/>8 Station Parade ground floor shop with basement and parking let to Mortgage and Life Ltd at a rent of £18,000.00 per annum lease 10 years from July 2017 review at the 5th year (not implemented). The lease is outside the act. <br/><br/>8a Station Parade residential sold on a long lease for a term of 125 years from December 2004 £50.00 for the first 30 years £100.00 for the next 30 years and £200.00 for the remainder. <br/><br/>9 Station Parade ground floor shop let to Ladbroke and Gaming Ltd at a rent of £15,000.00 per annum with the tenant holding over under a lease which expired 2014. <br/><br/>Basement 9 Station Parade let to a local drama group who are responsible for paying the business rates. We understand that the drama group will vacate when necessary subject to contract. <br/><br/>10 Station Parade ground floor shop with basement and garage let to Mr. Miah (Indian Restaurant) for a term of 20 years from September 2009 subject to 4 yearly rent reviews at a rent passing of £18,000.00 per annum payable from 2025. The lease is outside the act.<br/><br/>The Client owns the freehold of 8/8a Station Parade and a long leasehold interest of 9 and 10 Station Parade which is for a term of 999 years from December 1995 with 3 parking spaces also held on a 998 year head lease from December 1996.<br/><br/><br/><br/><br/>To comply with the Money Laundering Regulations 2017, we are legally required to verify the identity of all parties to a transaction. Prospective purchasers/tenants must provide satisfactory identification documents and information regarding the source of funds. These checks will be carried out by an independent party before any agreement is formally entered into. The tenant or purchaser will be responsible for these costs.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

30/09/2024

Twickenham Retail for Sale

On for both sale and let

Property Subtype:

Bank

Date on Market:

17/09/2024

Croydon Retail for Sale - Croydon, London

*REDUCED* £275,000. Freehold, subject to the existing leases

Property Subtype:

Shopfront Retail / Residential

Date on Market:

02/09/2024

London Retail for Sale - London Oxford Street

Lot 219 is available by way of Savills Online Auction 29th July 2026 Unique opportunity to purchase a newly re-developed Mayfair building with excellent optionality for medical or adult educational users. Located in Mayfair, London's most exclusive submarket Attractive period building, redeveloped behind a Grade II listed façade, comprising 5,718 sq ft (GIA) Finished to shell and core, ready for the new owner or occupier to create their own unique operational space Permitted for use as a medical centre (Class E) or adult education training facility (Class F1) The floorplates benefit from regular, efficient configuration, high levels of natural light and good floor-to ceiling heights Offered with the benefit of full vacant possession, of interest to owner occupiers and investors alike New 125 year leasehold interest from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews Offers are invited in excess of £5,750,000, subject to contract and exclusive of VAT. 14 North Row is located in Mayfair, one of London's most prestigious sub markets, due to its supreme elegance, characterised by designer retail, Michelin-star restaurants, exclusive members clubs and five- star hotels providing occupiers with the best that London has to offer. 14 North Row is situated between Hyde Park and Grosvenor Square at the western end of North Row. This prime location runs parallel to Oxford Street, London's highest ranked street in terms of footfall with over 120 million visitors annually. (Apr 23-24, NWEC). In addition the property sits in very close proximity to the well established medical clusters of Wigmore Street (5 minute walk) and Harley Street (10 minute walk). The property benefits from excellent transport connectivity. Bond Street (Jubilee, Central, and Elizabeth lines) and Marble Arch (Central line) Underground stations are just a short walk away. Providing easy access around London to national rail services and international airports. Additionally, the opening of the Elizabeth line at Bond Street Station, along with new ticket halls and access points at Hanover Square and Davies Street, has significantly improved connectivity. 14 North Row is an attractive Grade II listed building that was originally built in 1898. The building has been newly redeveloped behind a listed façade, comprising 5,718 sq ft of Gross Internal Area (GIA), arranged over lower ground, ground and two upper floors. In addition the property benefits from a rear courtyard, terrace and bike store. The building has been finished to shell and core, as per the Base Build Specification (Appendix 1), including: Existing roof removed, new non-combustible insulation and slate roof reinstalled. New concrete slab on lower ground and ground floor. Existing timber floors on the 1st and 2nd floors have been structurally upgraded to 2.5kPA and levelled with fire-resistant screed board. New reinforced concrete lift shaft. 14 North Row has the perfect blend to attract a wealthy clientele. It offers the best amenities in London and capitalises on the affluence of Mayfair and Marylebone's residential and business catchment, With its discrete location within the W1 medical cluster and proximity to leading educational providers, it embodies the pinnacle of prestige and convenience. 14 North Row features a prominent double frontage onto North Row and is self contained, creating an opportunity for owner occupiers to 'brand' the entire building. The property has been delivered shell and core, open plan with highly flexible floorplates, making it particularly well-suited to medical or educational use. A new long leasehold interest will be granted for a term of 125 years from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews. Floors Lower ground and ground floors New concrete slab on lower ground and ground floor. Final floor finish. Walls, Linings, Doors & Windows Lower ground walls Drained cavity system to all basement walls/floor, including vaults. Timber battens for tenant linings. Insulation and linings. Retained brick walls to ground, L1 & L2 Breathable thermal render to retained external walls. Insulation and linings. External doors External doors to main entrance and terrace External doors with actuators to cycle storage. N/A External stable doors to front elevation. Roof Roof Existing roof removed, new non-combustible installation and slate roof reinstalled. N/A Planting Planters installed to terrace. Green roof to cycle store. Top soil and planting to meet biodiversity requirements. Water 25mm MDPE single connection to basement plantroom by Thames Water. Final design, supply and install of all cold and hot water installations. (external). Capped drainage connections to sewer.

Date on Market:

31/07/2024

Sutton Retail for Sale - Sutton, London

Opportunity to acquire a commercial investment in central Sutton let to an excellent covenant. The property comprises the ground floor and basement let on a new lease from 7th May 2024 to Funeral Services Limited, trading as Co-op Funeral Care. The property is ideally located on Mulgrave Road within a minute’s walk of Sutton Station.

Property Subtype:

Shopfront

Date on Market:

04/07/2024

Portfolio of properties for Sale - Spelthorne

Investment Consideration: Gross Initial Yield: 6.71% Rental Income: £107,410 p.a. Fixed rental uplifts on all units VAT is applicable to this property Comprises parade of 3 retail shops t/a Subway (No.50), Retail (No.52) and Ryman Stationery (No.54) Situated opposite Elmsleigh Shopping Centre with occupiers close by including McDonald`s, Greggs, WH Smith, Caffè Nero and Lloyds, Barclays, HSBC and NatWest banks, amongst others. Property Description: The property comprises mid-terrace parade of 3 shops t/a Subway (No.50), Retail (No.52) and Ryman Stationery (No.54). Retail shop No.52 has been subdivided into 2 units by existing tenant t/a Mobile Phone Shop and a Jewellery Store. Each shop benefits from rear access, providing the following accommodation and dimensions: Shop No.50: 125 sq m (1,346 sq ft) Open plan seating, kitchen, office, storage, wc Shop No.52: 107 sq m (1,152 sq ft) Open plan retail, storage, wc Shop No.54: 124 sq m (1,335 sq ft) Open plan retail, storage, wc Total GIA: 356 sq m (3,833 sq ft) Tenancy: Shop No.50 is at present let to Safa Associates Ltd t/a Subway for a term of 10 years from 13th July 2022 at a current rent of £37,000 per annum and the lease contains full repairing and insuring covenants. Fixed rental uplift to £39,000 p.a. in July 2025 and £40,000 p.a. in July 2027. Mutual option to determine in July 2027 with min 6 months notice. Shop No.52 is at present let to Individuals for a term of 10 years from 12th October 2020 at a current rent of £28,410 per annum and the lease contains full repairing and insuring covenants. Fixed 3-yearly rental uplifts at 3% p.a. compounded. No breaks. Shop No.54 is at present let to Ryman Limited for a term of 10 years from 29th March 2018 at a current rent of £42,000 per annum and the lease contains full repairing and insuring covenants. Fixed rental uplift to £43,000 p.a. in March 2025 and £45,000 p.a. in March 2027. Break clause in 2024 NOT exercised. Tenure: Long Leasehold. Held on a 999 year lease from 28th February 2019 at a ground rent of peppercorn. Location: Staines-upon-Thames, with a population of some 18,000, is located on the River Thames within the London commuter belt, some 18 miles west of the city centre and 4 miles south of Heathrow. The town is within the M25 Motorway, close to Junction 13 and the A30. There are regular rail services to London Waterloo (fastest journey time 35 minutes). The property is well located on the north side of High Street, close to its junction with Tillys Lane. The main entrance to the Elmsleigh Shopping Centre is diagonally opposite the property and occupiers close by include McDonald`s, Greggs, WH Smith, Caffè Nero and Lloyds, Barclays, HSBC and NatWest banks, amongst others.

Date on Market:

27/06/2024

London Retail for Sale - Midtown, London

The property is situated on Drury Lane, a short distance from Covent Garden Underground Station, in the heart of theatreland making it ideally positioned to benefit from the high number of visitors generated by the diverse entertainment offering. The Prince of Wales is surrounded by the popular tourist destinations of Oxford Street and The British Museum to the north, Covent Garden and The Strand to the south along with Leicester Square, Seven Dials and Piccadilly to the west, each with their own diverse entertainment and retail offering. The property is held freehold (Title Number 426466). The entire property is let on a 30 year lease to Spirit Pub Company (Managed) Limited (Company Number 05269240) and guaranteed by Punch Pubs & Co Limited (Company Number 03982441) expiring on 23 June 2034 at a current rent of £340,058 per annum which is subject to an open market review on 25 December 2024 and 2029. In addition to the statutory right to renew the lease under the Landlord and Tenant 1954 Act, the tenant also has a contractual right to renew the lease for a further 30 years on the same terms. There is an Authorised Guarantee Agreement from Spirit Managed Inns Limited (Company No. 05266815) and a guarantee of the Authorised Guarantee Agreement from Spirit Intermediate Holdings Limited (Company No. 04914762).

Property Subtype:

Bar

Date on Market:

28/05/2024

Croydon Retail for Sale - Addiscombe

Opportunity to purchase a freehold investment in a prominent position on the busy Lower Addiscombe Road. The ground floor is occupied and used as a restaurant benefitting from a large seating area over ground floor and basement, plus a good-sized kitchen leading to a rear storeroom, yard area, and rear access to Warren Road. The flats above are sold off on long leases. Ground floor and basement let to the restaurant Les Calices, on a 20 year lease beginning 1st December 2017 and expiring 31st November 2037. Rent review every 5th anniversary and currently producing £20,000 pax. 1st floor flat is sold off on a long lease and has reversionary potential with 64 years unexpired. Ground Rent of £250 is payable per annum. 2nd floor flat is sold off on a long lease with 190 years unexpired. Ground rent of a peppercorn is payable per annum.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

20/05/2024

London Retail for Sale - Farringdon

Rare find Freehold for sale in prime Clerkenwell location, London EC1. Currently used as a hair and beauty salon, with other possible uses subject to planning. The area, steeped in history from medieval times, has been voted this year's best neighbourhood in London by the Sunday Times, thanks to its unique blend of historical sites, culture, restaurants and entertainment, as well as for being a global hub for interior design and architecture. This property, located within a conservation area, offers many period features and extends to approximately 1267 sq. ft over four floors, with excellent interiors and flexible accommodation which allows the top two floors to be used as a business or also for residential quarters. The sale would be subject to VAT or can also be sold as a Transfer Of Going Concern (TOGC), whereby the tenant would stay for a minimum 6 months. Accommodation includes a basement currently used for storage and laundry room facilities, a ground floor beauty salon with access to a private patio at the back, and a toilet, first floor with a lovely room providing additional space for the hairdressers which also counts with a kitchenette area, and a top floor which was used for aesthetics treatments and has a shower room and an additional room which could be used as a bedroom. This offers an unique live/work proposition, and potential for a variety of business arrangements. Transport links are excellent with Farringdon Underground Station and Rail Station (Elizabeth Line, Metropolitan and Circle Lines) providing also direct links to four London airports. This superb property is presented chain-free, offering a coveted and sought-after opportunity to buy a historic building.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

28/03/2024

London Retail for Sale - Battersea

Investment Consideration: OIEO: £700,000 Gross Initial Yield: 4.21% Rental Income: £29,500 p.a. VAT is NOT applicable to this property Comprises restaurant at ground floor, self-contained storage at first floor and 2 residential flats at first and second floor (both sold-off) Residential development potential of retail ancillary at rear, subject to obtaining vacant possession Nearby occupiers include Co-op Supermarket, Sainsburys, Pizza Hut, Café Nero and more. Property Description: Mid-terrace building comprising ground floor restaurant with outdoor seating, self-contained storage space at first floor and 2 residential flats at first and second floor (both sold-off), providing the following accommodation and dimensions: Ground Floor Restaurant: 80 sq m (861 sq ft) Open plan seating area, kitchen, storage First Floor Storage: 20 sq m (215 sq ft) First Floor: Flat A (sold-off) Second Floor: Flat B (sold-off) Total GIA: 100 sq m (1,076 sq ft) Tenancy: The restaurant is at present let to an Individual for a term of 15 years from 20th July 2018 at a current rent of £27,500 p.a. and the lease contains full repairing and insuring covenants. Fixed increase to £30,250 p.a. in July 2026 and £33,275 p.a. in July 2030 until the remainder of the lease. The storage unit is at present let on a tenancy at will at a current rent of £2,000 p.a. Flat 33A has been sold-off on long leasehold for a term of 189 Years from 25th March 1983 at a ground rent of peppercorn. Reversion 2172. Flat 33B has been sold-off on long leasehold for a term of 189 Years from 25th March 1983 at a ground rent of peppercorn. Reversion 2172. Location: Battersea is a district of South-West London, England, within the London Borough of Wandsworth. It is located on the south bank of the River Thames, 2.9 miles (4.7 km) southwest of Charing Cross. Transport links are provided by Clapham Junction rail station and Clapham Common underground station (Northern Line). Nearby occupiers include Co-op Supermarket, Sainsburys, Pizza Hut and Café Nero, amongst many more.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

12/02/2024

Wembley Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises ground floor shop (sold-off), 2-bedroom flat at first floor, 4-bedroom flat at second/third floor and self-contained plot of land at rear, currently used as a car parking Flat B provides development potential to be split into 2 self-contained residential dwellings, STTP Rear land provides development potential for additional residential dwelling/s or warehouse unit, STTP Occupiers nearby include pharmacy, estate agents, off-license shop, restaurant and many more. Property Description: Mid-terrace building comprising ground floor shop (sold-off), 2-bedroom flat at first floor, 4-bedroom flat at second/third floor and plot of land at rear, currently used as a car parking, providing the following accommodation and dimensions: Ground Floor Shop: Sold off First Floor Flat A: 44.60 sq m (480 sq ft) 2 bedrooms, kitchen/living room, bathroom Second/Third Floor Flat B: 80.60 sq m (868 sq ft) 4 bedrooms, kitchen, living room, 2 bathrooms, walk in wardrobe Land at rear: 87 sq m (936 sq ft) Flat B development potential to be split into 2 self-contained residential dwellings, STTP. Land at rear future development potential for erection of additional residential dwelling/s or warehouse/light industrial unit, STTP. Tenancy: The ground floor shop has been sold-off on long leasehold to NBE Investments Ltd for a term of 999 years from 11th November 2022 at a ground rent of peppercorn. Flat A is at present let on AST to an Individual for a term of 12 months from 1st December 2023 at a current rent of £21,000 p.a. Flat B is at present let on CLT to Aston Pearl Ltd for a term of 3 years from 17th November 2023 at a current rent of £33,000 p.a. Mutual option to determine at any time with minimum 2 months notice. Land at rear is at present let to M One Motors Ltd (with personal guarantee) for a term of 5 Years from 25th December 2023 at a current rent of £12,600 p.a. and the lease contains full repairing and insuring covenants. Deposit held of £1,000. Development Potential Flat B: The vendor has drawn plans for potential conversion of second/third floor Flat B into 2 self-contained dwellings, subject to obtaining the necessary consents. Proposed Second Floor Flat: 44.6 sq m (480 sq ft) 1 Bedroom, Kitchen/Dining, Living Room, Bathroom Proposed Third Floor Flat: 37 sq m (398 sq ft) 1 Bedroom, Kitchen/Dining, Living Room, Bathroom Location: Unlike typical British high streets Wembley does not have a town centre network or pedestrianised high streets, with almost all commercial high street businesses along a 1000-yard stretch of road (High Road). Wembley lies very close to the A406 North Circular Road, with easy access to M1 and M25. The property is located within 0.6 miles from Sudbury Hill and North Wembley Tube/Train Stations on the north side of Court Parade, at the junction with East Lane (A4088). Its proximity to Watford Road and South Kenton Underground Station (Bakerloo Line) significantly enhances commercial viability. The area, marked for growth, positions this property as a strategic investment for future development. Occupiers nearby include pharmacy, estate agents, off-license shop, restaurant/ takeaways and many more.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

03/12/2023

London Retail for Sale - Shepherd's Bush

The premises are let to William Hill Organization Limited. £43,500 per annum exclusive.5-year FRI lease (Inside the Act) commencing 11th March 2023. Tenant only break on expiry of the 3rd year. Expiry 10th March 2028.

Property Subtype:

Shopfront Retail / Residential

Date on Market:

28/09/2023

Barnet Retail for Sale - Barnet, London

An end terraced three storey building with offices being located across the first and second floor however would also suit medical uses. The property requires refurbishment which can be discussed at a later date. There are no parking spaces.

Property Subtype:

Shopfront Retail / Office

Date on Market:

04/09/2023