Property Auctions - commercial investment

Auction date: Thu, 02/05/2024 - 10:00

The property is Grade II listed and arranged over three floors comprising large ground and first floor retail space with ancillary storage on the third floor. Separate access to the upper floors which would assist conversion of the upper parts to residential, subject to planning. The property is currently let at £40,000 per annum, paid quarterly. The tenant is currently holding over pending an outstanding rent review, to be conducted by the new owner.

Auction date: Thu, 02/05/2024 - 09:00

Excellent opportunity has arisen to purchase a town centre commercial property with a potential rental income of £700pcm (£8400 per annum) delivering an outstanding yield of 19% at guide price. The accommodation is circa 915 sq.ft and is comprised of a sales area, back store, a staff kitchen, staff office, a smaller back store and an accessible single WC. The property benefits from having two car parking spaces are located at the rear of the premises.

Auction date: Thu, 25/04/2024 - 10:00

The property comprises a single storey detached car showroom and forecourt with ancillary accommodation and forecourts with direct vehicular access on a site of approximately 397.50 sq m (4,279 sq ft). The Receivers have been verbally informed by the Tenant that the rent is £3,666.67 per calendar month + VAT (£44,000 per annum +VAT). 

Auction date: Thu, 18/04/2024 - 12:00

Long leasehold commercial investment currently producing £36,000 per annum.

Auction date: Thu, 18/04/2024 - 12:00

A Grade II Listed, 55 room hotel (all with en-suites) arranged across three adjoining buildings over lower ground, ground and four upper floors. The entire property is let EQUIVALENT TO £710,000 p.a. RISING THROUGHOUT THE TERM.

Auction date: Wed, 24/04/2024 - 09:00

A high yielding commercial investment opportunity comprising a row of 5 individual units extending to a total of approximately 4,700 Sq Ft, all of which are currently let and detailing an annual combined rent of £48,325.

Auction date: Wed, 17/04/2024 - 17:30

A Freehold commercial investment comprising a pair of adjacent retail units sold subject to existing tenants, producing £23,000 PA.

Auction date: Tue, 16/04/2024 - 10:00

A fantastic opportunity to acquire a modern ground floor office suite located within a three story premises. The office extends to 947 sq.ft and benefits from gas fired heating, double glazed windows, disabled W.C and intercom door opening system. Currently the office is subdivided into 4 individual offices, but this could be adapted to meet your requirements.

Auction date: Wed, 27/03/2024 - 10:00

A prime retail investment opportunity comprising five ground floor retail units set underneath a residential scheme of apartments. Three of the units are let and producing an annual rental income of £42,536 with further scope to increase the rental income following occupation of the two vacant units. The Auctioneers anticipate the overall achievable rent to be approximately £75,000 - £80,000 per annum.

Auction date: Wed, 27/03/2024 - 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.