Retail Properties for Sale in South East, England

10 High St

Worthing, BN11 1NU

• Retail for Sale
• £1,150,000
• 6,541 sq ft

• Energy Performance: D
• Commuter Rail
• 24 Hour Access

Worthing Retail for Sale

A substantial premises made up of two adjoining units each with separate entrances. The building is let to Group Entertainment Ltd trading as Angels Bar & Nightclub. The premises are let on a 15 year lease at a current annual rent is currently £125,000, rising to £135,000 from 2025 for the remainder of the term. The premises are predominantly open plan and consist of a part mezzanine seating area with bar which overlooks the main dance area located on the ground floor, comprising of bar, seating booths and DJ area. An internal door leads to a further self contained bar area with dance floor and additional seating.

Contact:

Eightfold Property

Property Subtype:

Bar

Date on Market:

23/01/2024

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Swan Hotel - 9 Upper High St

Thame, OX9 3ER

• Retail for Sale
• £525,000
• 3,422 sq ft

• Security System
• 24 Hour Access

Thame Retail for Sale

An historic Coaching Inn, the property is arranged across 3 floors with ground floor comprising a Bar, 3 Lounges and Customer Toilets, totalling 3422 Sq ft. The first floor comprises a Function Room, Office /Private Dining Room, and 3 En-suite Letting Rooms, and the second floor 4 Letting Rooms, 3 being en-suite. Upper High Street public car park is located directly opposite with 123 car spaces.

Contact:

Fields Commercial

Property Subtype:

Bar

Date on Market:

23/01/2024

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206-208 High St

Guildford, GU1 3JB

• Retail for Sale
• £495,000
• 1,004 sq ft

• Security System

Guildford Retail for Sale

The subject property is formed of a self -contained ground floor retail unit occupied by Dolce & Salato and the upper parts are separately accessed from the left of the shop frontage. There are stairs leading to shared WC and kitchenette, hallway running along the rear of the premises giving access to the first -floor offices across the width of the front elevation and further stairs to the second -floor offices. The second -floor offices are formed of two individual rooms.

Contact:

Owen Isherwood Ltd

Property Subtype:

Local Shop

Date on Market:

04/01/2024

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121-123 High St

Slough, SL1 1DH

• Retail for Sale
• £1,350,000
• 6,466 sq ft

• Air Conditioning
• Security System

Slough Retail for Sale

Slough is a major commercial centre within the Thames Valley located approximately 38 km (24 miles) west of London and 16 km (10 miles) west of Heathrow Airport. Communication links are excellent with Junction 5 of the M4 motorway within a mile of the town centre which, in turn, connects with the M25, 3 miles to the east. There are frequent rail services to London (Paddington) with an average journey time of 27 minutes. The new Elizabeth Line is only a short walk away providing 4 new higher capacity trains running an hour in each direction between Slough and London. PRIME HIGH STREET INVESTMENT LET TO LLOYDS BANK PLC 121-123 HIGH STREET SL1 1DH FREEHOLD FOR SALE The property comprises of a mid-terrace three- Storey building originally constructed circa 1930’s. The property was originally used as a cinema as noted by the art deco cladding on the front elevation. The entire property is occupied by Lloyds Bank PLC. The property is arranged over basement, ground and ancillary offices on the first and second floors. Prime High Street Retail Bank Investment Great Transport Links Close Proximity to Queensmere Shopping Centre Development Opportunity Let to Lloyds Bank Plc New 5 year Lease to be granted to Lloyds Bank £1,350,000 with the benefit of the Income from Lloyds Bank Plc The entire property is Let to Lloyds Bank Plc on a FR&I Lease for a term of 5 years from 23/12/2020 without rent review expiring 23/12/2025 at the current passing rental of £70,000 per annum. Terms have been agreed with Lloyds Bank for them to take a new Lease for a term of 5 years from the expiry of their current Lease at a rent of £73,000 pax. The Lease will be granted inside the security of the Landlord and Tenant Act 1954.

Contact:

Christo & Co

Property Subtype:

Bank

Date on Market:

04/01/2024

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31 Sheep St

Bicester, OX26 6JJ

• Retail for Sale
• £295,000
• 823 sq ft

• Security System

Bicester Retail for Sale

A two-storey retail investment property in a central location on Sheep Street, the main shopping street in Bicester town centre. The property comprises retail accommodation at ground floor with a WC to the rear. Stairs lead to the first floor, which has three separate rooms off a landing. The property is adjacent to Evans Walk, connecting to the Pioneer Square complex and its free 2 hour parking. Nearby occupiers include Sainsbury's, M&S Food and Superdrug.

Contact:

Stimpsons Eves

Property Subtype:

Shopfront

Date on Market:

03/01/2024

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25 Thameside

Henley On Thames, RG9 2LJ

• Retail for Sale
• £1,100,000
• 2,074 sq ft

• Energy Performance: D
• Waterfront

Henley On Thames Retail for Sale - Henley-on-Thames

The ground floor commercial unit, which was formally an Indian Restaurant, comprises of the ground floor of a two-story Grade II listed property and measures approx. 2,630 sq.ft (GIA). The unit is currently stripped back to shell condition and includes a rear raised outside courtyard. On the 1st floor there is a two-bedroom apartment which is not included but could be available by separate negotiation.

Contact:

Kempton Carr Croft

Property Subtype:

Shopfront

Date on Market:

15/12/2023

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8 Church Rd

Burgess Hill, RH15 9AE

• Retail for Sale
• £450,000
• 731 sq ft

• 24 Hour Access

Burgess Hill Retail for Sale

The property is situated in a convenient spot on the north eastern side of Church Road in Burgess Hill Town Centre close to Burgess hill Train Station situated on the London to Brighton line. Market Place shopping arcade where Waitrose, Wilkinson's & Boots are located. Other nearby occupiers include Cafe Nero, Nationwide, Specsavers & Uncle Sam's as well as a number of local independent traders. MIXED USE, FULLY LET, FREEHOLD INVESTMENT FOR SALE IN MID SUSSEX An attractive terraced building arranged over ground, 1st & 2nd floors. The Ground floor retail unit is let to The Vapour Trail Two Ltd (08205043) with a company guarantee from the The Vapour Trail (Silverhill) Limited (11662351) by way of an effective full repairing & insuring lease from 31st of May2023 for a term of 10 years with provision for a tenant only breaks on the 3rd & 7th anniversaries & a rent review on the 5th anniversary at a rent of £15,000 PA. The lease is subject to a schedule of condition & the landlord also holds a 3 month rent deposit. On the upper floors are 2 self contained 1 bedroom flats. 8a is currently let by way of a AST from 2nd October 2023 at a rent of £850 PCM whilst 8b is let from 24 February 23 on a 12 month tenancy at a rent of £725 PCM. Comprising Fully Let Retail Unit & 2 Self Contained 1 Bedroom Flats Desirable Mid Sussex Location Situated Close To Station Gross yield of 7.53% Offers are invited for the freehold interest in the region of £450,000 with the benefit of the existing tenancies. Based on the total annual income of £33,900 a purchase at this level would produce a gross yield of 7.53%.

Contact:

Eightfold Property

Property Subtype:

Shopfront Retail / Residential

Date on Market:

13/12/2023

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92-94 London Rd

Oxford, OX3 9AJ

• Retail for Sale
• £475,000
• 1,129 sq ft
• 1 Unit Available

• Air Conditioning
• Security System

Oxford Retail for Sale

The premises are owned on a long leasehold basis for a term of 999 years effective June 2004. They have subsequently been sublet on an occupational basis on the following terms; Term; Five years Effective; 16th December 2021 Tenant; Sheermain Limited Repair; Effective full repairing Subject to a schedule of condition User; Class A(1) now (E) Rent; £30,000 per annum exclusive

Contact:

Marriotts

Property Subtype:

Shopfront Retail / Residential

Date on Market:

05/12/2023

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138-148 High St

Sevenoaks, TN13 1XE

• Retail for Sale
• £1,500,000
• 5,956 sq ft
• 1 Unit Available

• Energy Performance: E
• Security System

Sevenoaks Retail for Sale

Prime mixed-use development or investment opportunity

Contact:

Savills

Property Subtype:

Shopfront Retail / Residential

Date on Market:

04/08/2023

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45-47 Earl St

Maidstone, ME14 1PD

• Retail for Sale
• £1,250,000
• 4,644 sq ft

• Air Conditioning
• Security System
• Restaurant
• Wheelchair Accessible

Maidstone Retail for Sale

The property is a distinctive timber framed mock Tudor style building believed to have been constructed in the 19th Century as two separate buildings. The accommodation is arranged over basement, ground, first and second floors with a rear yard. The property has a frontage to Earl Street of approximately 54 feet (16.4 m) and a depth of 43 feet (13.2 m).

Contact:

Warrant Properties Ltd

Property Subtype:

Restaurant

Date on Market:

03/07/2023

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25-27 Pier St

Ventnor, PO38 1SX

• Retail for Sale
• £465,000
• 2,979 sq ft

Ventnor Retail for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises two shops on the ground floor, with four flats on the upper floors Total area size of 277 sq m (2,979 sq ft) Situated in the heart of the town centre within short walk to the seafront, with occupiers nearby including Co-Op Food, Restaurant`s, Hair Salon, Tattoo Studio and many more. Property Description: The property comprises two retail shops on the ground floor and four flats on the first and second floor, providing the following accommodation and dimensions: Ground Floor: Shop No.25 - 37 sq m (398 sq ft) Shop No.27 - 55 sq m (592 sq ft) First Floor: Flat No.25A - 44 sq m (473 sq ft) 1 Bedroom, Kitchen, Living Room, Bathroom Flat No.27A - 40 sq m (430 sq ft) 1 Bedroom, Kitchen, Living Room, Bathroom Second Floor: Flat No.25B - 56 sq m (602 sq ft) 2 Bedrooms, Kitchen, Living Room, Bathroom Flat No.27B - 45 sq m (484 sq ft) 1 Bedroom, Kitchen, Living Room, Bathroom Total Commercial Area: 92 sq m (990 sq ft) Total Residential Area: 185 sq m (1,989 sq ft) Tenancy: Shop No. 25 is at present let to an Individual for a term of 3 Years from 13th March 2021 at a current rent of £5,400 p.a. and the lease contains full repairing and insuring covenants. Deposit held of £1,130. In occupation since 2017. Shop No. 27 is at present let to an Individual for a term of 5 Years from 19th May 2023 at a current rent of £6,780 p.a. and the lease contains full repairing and insuring covenants. Rent review on 19th May 2026. No breaks. Deposit held of £1,130. Tenant pays reduced rent of £4,570 p.a. for the first year. Vendor will top-up rent so the buyer receives the equivalent of £6,780 p.a. from completion. Flat No. 25A is at present let on an AST to an Individual for a term of 12 Months from 1st November 2022 at a current rent of £5,940 p.a. Rent deposit held of £495. In occupation since 2020. Flat No. 27A is at present let on an AST to an Individual for a term of 12 Months from 1st December 2022 at a current rent of £6,900 p.a. Rent deposit held of £500. In occupation since 2021. Flat No. 25B is at present let on an AST to an Individual for a term of 12 Months from 29th May 2020 at a current rent of £6,900 p.a. Rent deposit held of £575. Flat No. 27B is at present let on an AST to an Individual for a term of 6 Months from 4th November 2017 at a current rent of £6,780 p.a. Rent deposit held of £565. Location: Ventnor is a seaside resort on the south-east coast of the Isle of Wight, England, 11 miles (18 km) from Newport. It is situated south of St Boniface Down, and built on steep slopes leading down to the sea. The population is approximately 5,800. The property is situated in the heart of the town centre within short walk to the seafront, with occupiers nearby including Co-Op Food, Restaurant`s, Hair Salon, Tattoo Studio and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

20/06/2023

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62-63 St. Marys Butts

Reading, RG1 2LG

• Retail for Sale
• £1,850,000
• 5,816 sq ft

• Energy Performance: D
• Air Conditioning
• Security System
• Car Charging Station
• Commuter Rail
• Restaurant
• Wheelchair Accessible
• Smoke Detector

Reading Retail for Sale

The freehold investment is available at a price of £1,695,000 subject to contract and exclusive of VAT, which equates to a net initial yield of approximately 4.72% after assuming normal purchasers costs. The entire property has been let to AXMAN LIMITED T/A COCONUT BAR AND RESTAURANT on a full repairing and insuring lease for a term of 20 years commencing from the 18th October 2013 being subject to five yearly upward only rent reviews at a rent of £85,000 per annum exclusive. The Tenants are required to pay a rent deposit equivalent to six months rent plus VAT (£45,000). This however, has been used to pay the rent during COVID-19.

Contact:

Warrant Properties Ltd

Property Subtype:

Restaurant

Date on Market:

17/05/2023

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56-58 Kingsbury

Aylesbury, HP20 2JE

• Retail for Sale
• £585,000 - £625,000
• 2,414 - 2,777 sq ft
• 2 Units Available

• Energy Performance: E

Aylesbury Retail for Sale

The property comprises a mid-terraced building dating from the 18th Century, which has been extended to the rear overtime and currently provides a restaurant over ground floor, with the front first floor not accesible. The original two storey building is of brick construction with render finish to the first floor under a tiled roof. The round floor has a modern shop front with timber framed double glazed bi-fold windows and timber framed glazed panel entrance door to the western end and illuminated signage board and swing sign above. At first floor level, the building has timber framed single glazed windows with a decorative tile pitch roof above the western gable end window. To the rear, there is a single storey building of brick construction with asymmetric pitch roof with corrugated metal roof with a metal glazed panel finish to the front section of short pitch over restaurant area and a mezzanine ancillary storage area within the rear roof area above and accessible from the ground floor store

Contact:

Warrant Properties Ltd

Property Subtype:

Shopfront

Date on Market:

26/11/2020

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31 Victoria St

Englefield Green, TW20 0QX

• Retail for Sale
• £275,000
• 323 sq ft

• Energy Performance: C

Englefield Green Retail for Sale

Opportunity to buy a freehold investment of a charming self contained ground floor commercial property, occupied by one tenant until September 2024. The office is finished to a modern professional standard with contemporary features, excellent natural light, modern lighting and fittings, it is cleverly appointed to include a recessed tea point and well appointed restroom, it also benefits from a loft space. The property does not have allocated parking but there is nearby on-street parking as well as a public car park in the village.

Contact:

Christopher Thomas & Co Ltd

Property Subtype:

Shopfront Retail / Office

Date on Market:

22/11/2022

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24 High St

Andover, SP10 1NL

• Retail for Sale
• £300,000
• 1,279 sq ft

Andover Retail for Sale

EITHER GROUND FLOOR TO LET On a new FRI lease for a period to be agreed at a commencing rent of £25,000 pax. OR WHOLE BUILDING FOR SALE Price £300,000. GROUND FLOOR Vacant UPPER FLOORS Converted to provide 7 residential units and let to LAR Property Ltd on a 150 year, effectively FRI, lease from 09 June 2015 at a peppercorn rent if demanded.

Contact:

Stratfords Commercial (Andover) Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

16/11/2022

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82-82A Victoria Rd

Tunbridge Wells, TN1 2PW

• Retail for Sale
• £650,000
• 1,968 sq ft

• Energy Performance: E
• Security System

Tunbridge Wells Retail for Sale - Royal Tunbridge Wells

Investment Consideration: Gross Initial Yield: 5.60% Rental Income: £36,380 p.a. VAT is NOT applicable to this property Comprises ground floor shop with ancillary at basement (No.82) and a Japanese (sushi) restaurant with 2-bedroom flat at first floor (No.82A) No.82A let until April 2036. No breaks. Rent review every 3 years. Located within walking distance from Royal Victoria Palace Mall is within walking distance which hosts occupiers such as Boots, PureGym, O2, Ted Baker, Three, JD Sports, WHSmith and more. Property Description: Comprises corner retail shop with basement t/a gift shop and a restaurant at ground floor with self-contained 2-bedroom flat at first floor, providing the following accommodation and dimensions: No.82 Shop: 60 sq m (645 sq ft) Ground Floor: Open plan retail, Kitchenette Basement: Ancillary, WC No.82A Restaurant: 53 sq m (570 sq ft) Ground Floor: Seating Area, Kitchen, Storage, WC No.82A Flat: 70 sq m (753 sq ft) First Floor: 3 Rooms, Kitchen/Dining Room, Bathroom Tenancy: No.82A Restaurant and Flat are at present let to an Individual for a term of 21 years from 2nd April 2015 at a current rent of £29,380 p.a. and the lease contains full repairing and insuring covenants. Open market rent review on 2nd April 2024, 2027, 2030 and 2033. No breaks. Tenant paid premium of £42,999 upon commencement of the lease. No.82 is at present let to an Individual for a term of 10 years from 17th February 2023 at a current rent of £7,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 17.02.28 linked to RPI. Tenant option to determine on 17.02.28 with min. 6 months notice. Deposit held of £1,750 Location: Royal Tunbridge Wells, previously just Tunbridge Wells, is a town in western Kent, England, 30 miles south-east of central London. Tunbridge Wells is at the hub of a series of roads, the primary ones being A26, A264 and A267. The A21 passes to the east of the town. The property is located on a prominent retail street amongst many independent traders including takeaway restaurants, café shops, tattoo studio and bicycle shop. Royal Victoria Palace Mall is within walking distance which hosts occupiers such as Boots, PureGym, O2, Ted Baker, Three, JD Sports, WHSmith and many more.

Contact:

Blue Alpine Partners Ltd

Date on Market:

19/10/2022

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125-127 High St

Chatham, ME4 4DH

• Retail for Sale
• £1,400,000
• 51,129 sq ft

• Security System
• Wheelchair Accessible

Chatham Retail for Sale

DEVELOPMENT OPPORTUNITY -- FOR SALE Overview The site is situated on Chatham High Street, in the centre of the Medway towns and represents an excellent development opportunity for potential residential or alternative commercial uses. The site is 0.37 hectares (0.9 acres), with the existing property providing a total of 4,750 sq m (51,129 sq ft) of accommodation spread over three floors, plus a small basement of 105.5 sq m (1,135.6 sq ft). To the rear there is a parking and loading area for the property and a small parcel in the north west corner that had previously been utilised for a local car sales business. The property is currently let to a Charity on a flexible short term basis. Location The site is situated on the intersection of Medway Street and Waterfront Way, which faces the enhanced public space and bus interchange. The site also has a frontage facing on to the High Street. To the north the site borders Chatham Waterfront development which is a private scheme of 176 residential 1 & 2 bedroom apartments being delivered by Medway Development Company. To the East is Mountbatten House, a 12 storey office building that forms part of the Pentagon Centre, that has recently achieved planning for the conversion of the existing, plus an extension, to provide a total on 164 apartments. There is a significant amount of investment being made by Medway Council in to this area of Chatham and this site provides the next logical extension to this regeneration. Transport Chatham offers fantastic transport links via rail and bus increasing connectivity to London and the surrounding areas. Chatham station is less than 1/2 mile walk from the site and offers direct services to London Victoria, London Bridge, London Blackfriars and a Highspeed service to London St Pancras International (40 minutes) . Proposed Development A scheme which proposed 166 dwellings, with ground floor commercial and associated parking, has been discussed with Medway Council and details regarding this work and correspondence are included in the data room. Planning To help deliver the Council's regeneration objectives, the Council produced the 'Chatham Town Centre Masterplan' (Nov 2019) which is intended to sit alongside the new Local Plan and will inform proposed allocations. Positioned in the 'Waterfront Quarter' the Site is located in a focal area and is identified as suitable for retail and residential development, where storey heights of between 6-15 storeys would be supported. The site has minimal constraints but proposals should take in to consideration that the majority of the site falls within Flood Zones 2 and 3 and that Sun Pier and the area to the West forms Star Hill to Sun Pier Conservation Area.

Contact:

Sibley Pares Chartered Surveyors

Date on Market:

10/10/2022

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3 School Green Rd

Freshwater, PO40 9AJ

• Retail for Sale
• £195,000
• 771 sq ft

• Air Conditioning
• Security System

Freshwater Retail for Sale - Isle Of Wight

DESCRIPTION Whole building for sale comprising ground floor commercial premises running to a total of approximately 71.7 m² (771 ft²) with the main retail space running to circa 51.6 m² (555 ft²). The property also benefits from a generous frontage to School Green Road of 7.6 metres (25 ft). Please see floor plan overleaf for further details. THE FLAT The first and second floors are arranged as a flat with a separate entrance from the rear of the property. The flat has now been let on a 12 month Assured Shorthold Tenancy at the rate of £650nper calendar month due to the poor overall condition. Investors could modernise and improve the flat to gain greater rental yield. The flat comprises 3 bedrooms on the top (second) floor, with a large open plan living room/dining room to the front of the property plus kitchen, bathroom and separate toilet facility all located on the 1st (first) floor. TERMS For Sale with offers invited "in the region of" £195,000 for the benefit of the freehold interest of the whole property.

Contact:

Hose Rhodes Dickson

Property Subtype:

Shopfront Retail / Residential

Date on Market:

23/08/2022

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The Stag (former) - 45 Sandown Road Rd

Sandown, PO36 9JL

• Retail for Sale
• £395,000
• 1,369 sq ft

• Security System
• 24 Hour Access

Sandown Retail for Sale

Freehold interest of the whole building for sale, with offers invited "in the region of" £395,000. The ground floor benefits from planning permission for conversion to 3 separate flats under planning reference 21/01784/FUL. The upper floors are currently let out and are generating an income of circa £21k per annum. The Stag is a substantial and highly visible detached property on the corner of the junction of Sandown and Newport Road and around the corner from the new Merrie Gardens Retail Park. These two major arterial roads link the Sandown-Shanklin-Lake conurbation with the major towns of Newport, Ryde and Cowes. Ground floor former pub/restaurant area runs to circa 88m² (947 ft²) including the bar which is mainly open plan. There is a children's room/function room to the rear of the premises with a small kitchen and ancillary storage area. The public areas are supported by ladies and gents toilet facilities.

Contact:

Hose Rhodes Dickson

Property Subtype:

Bar

Date on Market:

20/06/2022

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163 Wych Ln

Gosport, PO13 0NW

• Retail for Sale
• £875,000
• 4,517 sq ft

• Security System

Gosport Retail for Sale

Investment Consideration: VAT is applicable to this property. Comprises a ground floor supermarket and 3-bed flat on the first floor. Including a delivery yard to the rear and 8 car parking spaces to the front. Reversionary lease to sub-tenant, Badrunisa Limited (Premier) from 2 August 2025 until 1 August 2038. The property sits on a site of 0.23 acres Located in the thriving local community of Bridgemary. Nearby occupiers include Ladbrokes, Bridgemary Library and Bridgemary CarBoot Sale, amongst others. Property Description: The property comprises a former public house, which has been refurbished and extended to provide a modern format convenience store on ground floor with a large 3 bedroom flat above. The property sits on a site of 0.23 acres which includes a delivery yard to the rear and 8 car parking spaces to the front. The property provides the following accommodation and dimensions: Ground Floor: Shop 279 sq m (3,003 sq ft) First Floor: 3-bed Flat 141 sq m (1,514 sq ft) Total area size: 420 sq m (4,517 sq ft) Tenancy: The entire property is let to Southern Co-operative Retailers Limited for a term of 15 years from 2nd August 2010 at a current rent of £61,000 per annum and the lease contains full repairing and insuring covenants (subject to schedule of condition). There is a reversionary lease in place with the sub-tenant Badrunisa Limited on identical terms to the over-riding lease for a term of 13 years from 2nd August 2025, expiring 1st August 2038. The reversionary rent is the current passing sub-let income of £35,000 per annum and is reviewed to uncapped RPI on 2nd August 2025, 2nd August 2030 and 2nd August 2035. Location: Gosport is not only an attractive Hampshire coastal town but is also home to the Royal Navy’s HMS Sultan, the Defence School of Marine Engineering (DSMarE) and the Royal Naval Air Engineering and Survival School (RNAESS). The town is situated on a peninsular to the west of Portsmouth Harbour and the city of Portsmouth to which it is linked by the Gosport Ferry. The town is located approximately 13 miles south west of Portsmouth, 19 miles south east of Southampton and 6 miles south east of Fareham. The property benefits from good road communications with the Stoke Road linking north via the A32 Forton Road to junctions 10 and 11 of the M27. The M27 in turn provides access west to the M3 at Southampton and east to the A3(M) at Havant. Portsmouth Harbour railway station, accessed via the Gosport Ferry, provides a fastest journey time to London Waterloo in 1hr 36 mins. Southampton International Airport is 20 miles to the north west, providing domestic, european and international flights. Furthermore, Gosport has three yacht marinas with over 1,400 berths attracting numerous visitors particularly over the summer months. The property is located in the thriving local community of Bridgemary. Nearby occupiers include Ladbrokes, Bridgemary Library and Bridgemary CarBoot Sale, amongst others.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

20/11/2020

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15 High St

Ventnor, PO38 1RZ

• Retail for Sale
• £65,000
• 790 sq ft

Ventnor Retail for Sale

Lot 143 is available for sale at Savills' to be held on 28th May 2025. The property comprises an long leasehold investment opportunity for sale. The asking price is £45,000 representing a gross initial yield of 10.98%. Investment Consideration: Vacant possession ERV: £9,000 p.a. GIY: 13.85% VAT is NOT applicable to this property Comprises ground floor retail shop Suitable for variety of uses (Class E) Situated in the heart of the town centre with nearby occupiers include Post Office and Premier Express, amongst others. Property Description: Comprises ground floor retail shop previously t/a Pet Store, providing the following accommodation and dimensions: Ground Floor: 73.40 sq m (790 sq ft) Open plan retail, Storage, WC Tenancy: The shop is at present vacant. ERV: £9,000 p.a. Tenure: Long leasehold. Held on a 999 year lease from 18 November 2011 at a ground rent of peppercorn. Location: Ventnor is a seaside resort and civil parish established in the Victorian era on the south-east coast of the Isle of Wight, England, eleven miles (18 km) from Newport. It is situated south of St Boniface Down, and built on steep slopes leading down to the sea.

Contact:

Blue Alpine Partners Ltd

Date on Market:

08/05/2020

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Belmont Buildings - High St

Crowborough, TN6 2QB

• Retail for Sale
• £250,000
• 1,144 sq ft

Crowborough Retail for Sale

Investment Consideration: Gross Initial Yield: 6.40% Rental Income: £16,000 p.a. VAT is applicable to this property Let until 2038 (No Breaks). Rent review (open market) every 5th year Comprises ground floor restaurant with ancillary accommodation at first floor Occupiers close by Boots, Santander, NatWest, Barclays and WHSmith amongst others. Property Description: A mid terraced building comprising ground floor restaurant with ancillary accommodation at first floor (internally accessed), providing the following accommodation and dimensions: Ground Floor: 58 sq m (624 sq ft) Open plan restaurant (60 covers) First Floor: 48 sq m (520 sq ft) Full Kitchen, Storage, Customer and Staff WCs Tenancy: The property is at present let to Tiger Family Ltd (with personal guarantor) for a term of 20 years from 4th September 2018 at a current rent of £16,000 per annum and the lease contains full repairing and insuring covenants. Rent review (open market) every fifth year. Deposit held of £4,000. Location: Located in Crowborough town centre adjacent to Morrisons and The Original Factory Shop, close to WHSmith, Santander, Boots Pharmacy, Costa Coffee and a host of local traders. Crowborough lies approx. 21 miles north east of Brighton, 24 miles south of Croydon and benefits from good road links via the A26.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Restaurant

Date on Market:

22/07/2019

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Jansel Sq

Aylesbury, HP21 7ET

• Retail for Sale
• £3,000,000
• 7,000 sq ft

Aylesbury Retail for Sale

The property provides a new extension to the Bedgrove Shopping Centre known as Jansel Square which benefits from ample car parking, which is free for 2 hours and £1 thereafter. 4,300 sq ft unit let to Sainsbury’s Supermarkets 1,400 sq ft let to Domino’s Pizza 1,300 sq ft let to Bristal Investments Ltd (t/as) Costa Coffee Current total income £163,550 per annum The largest property is let to Sainsburys Supermarket Ltd for a term of 15 years from March 2014 with a tenant’s only break provision at the end of the 10th year. With 5 yearly reviews, collared and capped at 1% and 4% annually respectively. The current rental is £88,000 per annum and commenced 11 March 2019 after review. Domino’s Pizza have taken a 20 year lease from December 2014 with a break at the 11th anniversary, 5 yearly upward only rent reviews at market rent, first review 01.12.2019 (likely to improve to £35,000 pa). Bristal Investments Ltd (registration No: 04953192) commenced trading in 2003 and have taken a 15 year full repairing and insuring lease within the Act from 19th November 2017, subject to market value rent reviews at years 5 and 10 with a tenant only break clause at the end of year 10, by giving 6 months written notice. Rental for years 1 and 2 is £28,000 per annum plus VAT and years 3, 4 and 5 at £31,500 per annum plus VAT. Our Clients would consider disposing of Jansel 2 (t/as Costa Coffee) under a separate agreement. Offers are sought in the region of £1.025 million for the freehold interest. Offers invited in the region of £4 million for the freehold interest in both buildings, after the review on Domino’s and including the three retail units, which reflects a gross initial yield of 4.08%.

Contact:

Chandler Garvey Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

15/05/2019

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