Multi-let office investment located in the sought after village of Burwell, approximately 5 miles north west of Newmarket and 11 miles north east of Cambridge. The property is currently let to 7 tenants and produces a total income of £50,540 per annum. Offers in the region of £725,000 are sought. The property also lends itself to residential conversion, subject to the necessary planning consents.
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 TUI UK Retail Ltd 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.
Sale and part-leaseback investment opportunity. Two substantial warehouses of steel portal frame construction plus a smaller warehouse, offices and secure compound. The total site area is approximately 2.86acres with c50% site coverage. There are offices currently vacant on the site which could provide potential to increase the rent roll through re-letting, these are currently stripped back to a bare shell.
A rare opportunity to acquire a part income producing development of warehouse and office units. Units 1 and 2 will be vacant and offer 7,838 sq ft (728 sq m) of warehouse and office accommodation. Unit 3 comprises a warehouse with offices of 3,444 sq ft (320 sq m) and is currently let at a rent of £18,000 pa (rising to £22,000 pa). The total site area is around 1.37 acres (0.56 hectares) and offers potential for further development subject to the necessary planning consent.
The property comprises a three storey building located on the corner of High Street and George Street. The property is currently let on a floor by floor basis incorporating different uses. The ground floor former IT repair shop measures approximately 88.35 sq m (951 sq ft). The shop is currently vacant with an estimated rental value of £18,500 per annum. The shop may be suitable for alternative uses (STP).
The first floor provides a self contained office suite measuring 70.8 sq m (762 sq ft) which is currently let at £7,200 per annum until May 2020. The office is accessed separately from George Street but has visibility onto both High Street and George Street.
The second floor provides a self contained flat which is currently let on an AST at £7,440 per annum (£620 per month) and has been for some years. The flat is also accessed from George Street by way of a separate entrance. The flat is estimated to measure approximately 92 sq m (990 sq ft) – subject to measurement.
Retail investment comprising 3 x newly created ground floor retail units let to East Anglia’s Children’s Hospices, Kooky Nohmad Limited and Scrivens Limited producing a total income of £75,000 per annum exclusive.
The property comprises a small industrial estate with a mix of industrial, showroom and business premises numbering 17 units of varying size and type and set on a site of approximately 4.2 acres. To the centre of the estate is a large surfaced car park, located in the village of Griston in Norfolk, situated approximately equidistant between Thetford and Norwich and around 8 miles North of the A11. The A11 has seen significant improvement in recent years further to the duelling of the carriageway between Thetford and Barton Mills. Unit 1-7 are let and produce a current income of £38,710 per annum. The property would be suitable for either owner occupation or provide an asset management opportunity to investors.
Prominent town centre mixed use retail premises with 3 self contained residential apartments. The building is of brick built construction and arranged over ground, first and second floors with a lower ground floor area for storage. The property benefits from rear access off Rous Road and lends itself to conversion/redevelopment (STP)
72a High Street is a prominently located retail unit fronting Ramsey High Street in the town centre. 3 & 5 Little Whyte are two residential flats separately accessed by way of a shared right from Little Whyte to the rear of the retail unit. The shop provides a front sales area and is currently let. The residential accommodation comprises a 1 bedroom ground floor flat which is currently let, and a substantial 2 bedroom first and second floor flat which will be vacant on completion. The residential accommodation has recently been comprehensively refurbished and is well presented.
The properties comprise two distinct terraces with a larger self contained detached building located centrally. Each building provides modern office space over ground and first floors with designated car parking spaces. Some occupiers have also rented additional spaces by way of separate licences.