Little End Road, Eaton Socon, St. Neots, Cambridgeshire, PE19 8JH

Written by

Photo 1

The property, which sits at the start of the town’s primary industrial estate Little End Road, comprises a large end terrace industrial warehouse unit of steel portal frame construction with internal blockwork to the perimeter walls and facilities. The property has previously been owner occupied with a couple of smaller units created by way of sub-division within the overall frame.

Each unit is self-contained and separately sub-metered via the incoming supply which is situated within Unit 3.

Unit 3
Internally the property is largely open plan and provides a floor area of approximately 5,447 sq ft . There are two mezzanine structures in the main warehouse area which provide a further 3,348 sq ft of storage space at first floor level. They are fitted with a loading platform to allow goods to be forked onto the mezzanine. The property has been used for many years as a storage warehouse and as such has minimal office content. The original offices for the building have been leased separately and classified as Units 3A and 3B (ground and first floor offices). The eaves at full height are just under 5m. Under the mezzanine height is approximately 2.43m.

This section of the unit is also being marketed via Eddisons separately on a leasehold basis.

Unit 3A
Ground floor offices accessed separately to the main building by way of a pedestrian door at the southern end of the building. Accommodation provides for a series of offices with kitchenette and WC facilities.

Unit 3B
First floor offices accessed separately to the main building by way of a pedestrian door on the side elevation. From the ground floor doorway allows access to a staircase leading up to a first floor landing with a series of offices, and kitchenette. This suite has shared access over the ground floor WC facilities.

Unit 3C
A sub-divided unit from the main warehouse. Self contained and provides an open plan workshop/storage area with it’s own WC. Access is via a pedestrian door or roller shutter.

Unit 3D
An end of terrace unit within the overall frame of the larger building. Self-contained with own WC facilities and accessed via a pedestrian door or roller shutter door. It is understood the tenant has fitted a mezzanine storage area to the rear of the unit.

All of the units have allocated parking within the demised area with a handful of visitor spots also available. The building benefits from good parking levels overall.

39, 41 And 43 Redlands Lane, Fareham, Hampshire, PO14 1HL

Written by

Photo 7

The property comprises three ground floor, adjoining terraced retail units, currently all let out to local independent traders:

Unit: 39
Trading as: HD Beauty
Term: 5 years, from 10th July 2022
Rent: £7,200 per annum exclusive of VAT
Break Option: Mutual annual break option. *no simple or statutory declaration seen

Unit: 41
Trading as: Kurdish Barbers
Term: 5 years, from 1st March 2023
Rent: £7,200 per annum exclusive of VAT
Break Option: –

Unit: 43
Trading as: Eclipse Tattoo Studio
Term: 5 years and a day, from 1st January 2023
Rent: £7,200 per annum exclusive of VAT
Break Option: –

Copies of the leases are available on request. In our opinion there is scope to regear the leases.

No allocated parking is provided to the shops.

15 Greystones Road, Greystones, Sheffield, South Yorkshire, S11 7BJ

Written by

Photo 3

The property comprises a ground floor hot food take-away with kitchen that also services the three bedroom flat to the upper floors.

Internally the property is arranged to provide the usual servery with preparation and and kitchen to the ground floor with living room, bathroom and two bedrooms to the first floor and a third bedroom to the attic.

Externally to the rear there is an ample yard area within which is located a detached garage.

& Saxon House, Saxon Way, Melbourn, Royston, Cambridgeshire, SG8 6DN

Written by

Photo 25

Rare freehold/investment opportunity that consists of 2 neighbouring units, Saxon House and number 8 Saxon Way. Saxon House is let to TTP Group and is an R&D warehouse fitted to a high specification with an extensive mezzanine offering further storage and offices, it has an eaves height of 6.1m space for approx 20 car parking spaces. 8 Saxon Way consists of good quality office, showroom accommodation, mezzanine and benefits from 25 parking spaces. This unit will be sold with vacant possession.

Sheep Market, Spalding, Lincolnshire, PE11 1BE

Written by

Photo 1

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.

100 Trent Road, Grantham, NG31 7XQ

Written by

Photo 1

DESCRIPTION
The property comprises a long income ground rent investment developed as a purpose-built day nursery laid out over a single level, which enjoys a prominent and easily accessible location on Trent Road in Grantham.

The property has external secure play areas for the children, together with off-street parking for circa 10 cars.

The property is constructed in cavity brickwork under a pitched slate/tile roof.

LOCATION
The property is situated on the south west edge of Grantham close to the A1, which runs around the western edge of the town with Grantham Town Football nearby, which sits immediately to the north.

There are extensive areas of high density housing to the south and east. The town centre is around 1.5 miles to the north east.

Grantham is an historic and popular south Lincolnshire Market Town, that straddles the London to Edinburgh East Coast Main Rail Line and is bounded to the west by the A1 North/South Trunk Road. The town lies approximately 23 miles south of Lincoln and 22 miles east of Nottingham.

Grantham has a population of circa 45,000 and a large and affluent catchment close to 220,000.

The town provides a good range of local facilities and educational centres, including one of the best regarded secondary schools in the county, the King’s School, as well as a variety of other facilities, including Grantham Girls’ School, a new university centre serving the whole district and various shopping centres both in the town and edge of town.

The town centre has recently been allocated £5.5 million from the Future High Street Fund, which is to be spent on improvements within the wider area around the town centre.

SERVICES
We understand that all mains supplies are available and connected to the property. These have not been tested and interested parties are advised to, therefore, make their own investigations to the relevant utility service providers with any queries in this regard.

TOWN & COUNTRY PLANNING
We understand that the property has consent for uses falling within Class E (Commercial, Business & Service Use) of the Town and Country Planning (Use Classes) Order 1987 (as amended 2020).
Alternative uses may be appropriate, subject to the receipt of the necessary Planning Consent.
The property is not Listed and nor is it situated within a Conservation Area.
Interested parties are advised to make their own investigations with the Local Planning Authority.

RATES
Charging Authority: South Kesteven District Council
Description: Nursery and Premises
Rateable value: £39,000
UBR: 0.512
Period: 2023-2024

Multiplying the Rateable Value figure with the UBR multiplier gives the annual rates payable, excluding any transitional arrangements which may be applicable. For further information, please contact the Charging Authority.

TENURE & RENTAL INFORMATION
The freehold of the property is let by way of a 99 year ground lease with effect from 25th November 2003. There is therefore approximately 78 years unexpired.
The current passing rent under the Lease is £23,000 per annum exclusive. This rent is subject to 10 yearly upward only rent reviews.

COVENANT INFORMATION
The tenant company is Breedon House Properties Limited and operate 21 Childrens Day Nurseries around the East Midlands, South Yorkshire and Staffordshire.
The company have a Creditsafe credit score of 68 out of 100 and their last full trading accounts dated 31 July 2021 show the Company as having shareholder funds/ a net worth of £6.588 million.

PRICE
Offers are invited in excess of £425,000 for the Freehold interest subject to the lease detailed below.
A purchase at this price would give a purchaser a Net Initial Yield of 5.25%, after standard acquisition costs.

VAT
The property is elected for VAT. However, the Vendors are prepared to consider a sale by way of a TOGC.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in documenting the transaction.

959 Ashton Old Road, Manchester, Greater Manchester, M11 2SL

Written by

Photo 1

The property comprises a detached steel framed property used as a car workshop/tyre depot with a steel framed construction with profile metal clad roof, block walls and a concrete floor. It is lit predominately via ceiling hung LED lighting with some fluorescent strip lighting and is unheated. The unit benefits from an ancillary kitchen and store and by an office and reception. The workshop itself benefits from six roller shutter doors fronting out to a yard protected by low level barriers and raised brick areas. The unit has a good prominent side frontage to Ashton Old Road.

Mayroyd Wheelhouse, Mayroyd Lane, Hebden Bridge, West Yorkshire, HX7 8NS

Written by

Photo 3

The property comprises of a historic watermill building that has been superbly refurbished to modern fit out being of stone construction under a pitched roof.
The ground floor features the preserved remnants of the huge iron waterwheel, which holds exciting possibility for restoration.
The remaining ground floor provides useful garage/ workshop/storage element.
The first floor provides a modern open plan accommodation benefitting from painted and plastered walls, LED lightening, toilet and staff facilities, new water-source heat pump, characterful architectural features throughout and an abundance of natural light.
Bi-folding doors open onto a large balcony which enjoys superb views of the River Calder below.
The overall approximate NIA of the first floor is 1,082sq.ft.
Externally the property provides a private and secluded small garden area overlooking the river.

Sausthorpe Road, Partney, Spilsby, Lincolnshire, PE23 4JJ

Written by

Photo 9

The property comprises a new purpose-built drive through restaurant unit, with
associated drive through lanes and car parking, together with additional land
suitable for further roadside/PFS/drive thru development in a very busy location on
Partney Pumps Roundabout near Spilsby.

The broadly rectangular shaped site is situated in an easily accessible location at the
junction of the A158/A16 heading northwards, a location which the Government
Highway Authority website indicates enjoyed over 17,000 passing vehicles per day
(last pre-Covid year in 2019). Vehicular access into the site is off the A158, which
is shared with the adjacent landowner, who operate a farm shop and garden centre,
and the site benefits from a long frontage extending to about 150 metres (491 feet)
running northwards along the A16.

As referred to above, access into the site is taken off the A158 with a tarmac
roadway into a landscaped and gravelled parking area. The existing drive thru unit
has recently been constructed and this building together with the associated drive
through lanes and parking, sit to the northern end of the site, leaving the southern
end extending to circa 0.40 hectares (1 acre) for additional new build roadside
development. Particularly for the delivery of new EV charging due to the limited
availability of facilities in Lincolnshire generally.

There would also be the potential for relocating some of the existing car parking laid
out for the drive thru unit onto the cleared site to the north of the existing drive thru
unit, in order to extend the area available for future development.

Manby House, Newark Road, Lincoln, Lincolnshire, LN5 8NL

Written by

Photo 8

The property comprises a ground floor unit, which has been used as a Pizza Hut takeaway for many years and remains fitted out for this purpose.The various fixtures and fittings in-situ within the unit are available by way of separate negotiation with the Landlords.
?
The property abuts the public highway to the front, with a small forecourt between the shopfront and the pavement, which is suitable for the parking of two small vehicles.
?
The property has a full width glazed shopfront and rear access for servicing via Manby Street immediately to the south.