Property Auctions - commercial property

Auction date: Wed, 29/05/2024 - 15:00

Guide Price £50,000 - £75,000. An exciting opportunity to acquire an off-street parking space and adjoining office unit. Subject to planning permission the property has potential for a variety of uses to include Studio, Office and Retail Use, in addition to the existing use.

Auction date: Wed, 22/05/2024 - 09:00

Guide Price £90,000+. This mixed-use property would make a good addition to a portfolio. The ground floor is let at £6,000 per annum on a 5 year lease, commencing August 2023. To the first and second floors there is a two bedroom duplex flat let at £450 per calendar month. The total rent equates to £11,400 per annum which provides an investor with a return, in excess of, 12%, based on the guide price.

Auction date: Wed, 22/05/2024 - 09:00

Guide Price £200,000 - £220,000. Two adjacent, mid terrace commercial units with accommodation arranged over three storeys. No. 14 is currently let to a hot food takeaway operator, generating a passing rent of £250pw equivalent to £13,000pa. No.12 is currently derelict and is supported by erected scaffolding. The adjoining properties benefit from approved planning permission to be demolished and replaced with a new three storey property which would comprise 2 x ground floor retail units and 7 x 1 bedroom flats.

Auction date: Wed, 22/05/2024 - 13:00

An excellent commercial investment opportunity comprising of a ground floor lock-up shop unit that is currently let to a Hairdresser on a full repairing lease of seven years from the 1st January 2019 at a rent of £400 per calendar month (£4,800pa).

Auction date: Wed, 15/05/2024 - 14:00

This vacant freehold commercial unit is a Grade II listed building. It offers redevelopment potential, including the possibility of converting the upper space into a flat, subject to planning.

Auction date: Wed, 15/05/2024 - 14:00

This substantial freehold property offers over 3000 sq ft of commercial / warehouse space, and features a mix of offices and expansive, high ceiling open spaces. The versatile layout and square footage make it suitable for a variety of uses (STP). There is also potential for residential development, offering an excellent opportunity for investors or developers.

Auction date: Wed, 15/05/2024 - 12:00

This substantial workshop, stores and garage extends to some 174 sq metres (1872 sq ft) over two floors. The property is in need of repair and upgrading but will be ideal either for continued workshop and storage purposes or alternatively may have some redevelopment value subject to obtaining the necessary planning permission. Water and electricity are connected.

Auction date: Wed, 15/05/2024 - 13:00

A Freehold Property over Five Floors. Circa 3,197 square feet, offering future potential subject to all consents. Perfect for Investors. The shop is currently let at £500 pcm, but can be sold with vacant possession if required.

Auction date: Wed, 15/05/2024 - 12:00

This substantial commercial property comprises a ground floor retail unit with the two flats above having been sold off on long leaseholds. The retail unit and cellar are currently let on a three year agreement at the following rents, Y1 - £8,250 / Y2 - £9,000 and Y3 - £9,500. Additional income is produced in the form of a ground rent totalling £250 per annum per flat.

Auction date: Wed, 15/05/2024 - 12:00

This commercial property provides a ground floor retail unit with first floor office space, lower ground basement and off-street parking to the rear. The auctioneers have been advised the property comprises approximately 1,358 Sq Ft. The property has previously been marketed for rent at £12,000 per annum.