Property Auctions - commercial property investments

Auction date: Thu, 21/03/2024 - 11:30

Freehold Office with Renovation/Redevelopment Potential. The property is arranged to provide lower ground, ground, first, second & third floor office/ ancillary accommodation. Total Floor Area - 283.5 sq m (3,031 sq ft).

Auction date: Wed, 07/02/2024 - 08:00

The property comprises a Grade II Listed fifteen bedroom hotel arranged over lower ground, ground and three upper floors. The property is currently in use as a hotel. As such, the property is not offered with vacant possession.

Auction date: Thu, 14/12/2023 - 12:00

An attractive detached building comprising a Ground Floor Shop let on a repairing and insuring lease for a term of 5 years from 22nd August 2022 (excl. s24–28 of L & T Act 1954) at a current rent of £15,000 per annum exclusive.

Auction date: Wed, 20/09/2023 - 15:00

This excellent commercial investment property comprises of a large ground floor retail unit currently let to the Post Office with 6 years left to run on an FRI lease at £17,051 pa and a first floor Cafe that is let on an FRI Lease with 7 years remaining at £12,465 pa, however, the tenants have exercised a break clause and the lease will expire early in 2024. The property is presented in excellent condition and offers a total floor area in excess of 4,500 sq ft. The current gross rental income is £29,516 pa.

Auction date: Wed, 16/08/2023 - 10:00

A ground floor, mid-terrace retail unit sold with vacant possession. The property would benefit from some refurbishment; once this is complete, the property would suit an owner-occupier or investor-landlord.

Auction date: Wed, 19/07/2023 - 09:00

A three storey (plus cellar) detached public house extending to approximately 396 Sq M (4,272 Sq Ft). The ground floor trades as a bar / nightclub with a basement beer cellar and upper floors which the auctioneers understand are part way through refurbishment to provide letting rooms but require significant completion works. The auctioneers advise the sale is subject to a 15 year lease dated 1st April 2020 at £9,600 per annum.

Auction date: Thu, 13/07/2023 - 12:00

Freehold Commercial Investment – Gross Yield 14.25%. In same ownership for over 30 years. A mid-terrace building comprising a Ground Floor Shop with separate front access to a Tattoo Studio on first and second floors. Producing £28,500 pa.

Auction date: Thu, 13/07/2023 - 12:00

The property is a former warehouse and is operating as an A3 Indian restaurant held on a 25 year lease producing an income of £125,000 per annum from 2nd April 2021. The lease contains five yearly rent reviews and the property is sold with the benefit of the ongoing income. This lot will be of interest to investment purchasers.

Auction date: Thu, 25/05/2023 - 12:00

Freehold Commercial Investment – Gross Yield 12.5%. In same ownership for approx. 28 years. 6 Week Completion. The entire property is let on a full repairing and insuring lease for a term of years from 1st August 2020 until 1st March 2029 (by way of a reversionary Lease - in occupation since 2015) (excl. s.24-28 of L&T Act 1954) at a current rent of £25,000 per annum exclusive.

Auction date: Thu, 25/05/2023 - 12:00

Freehold Investment with Vacant Upper Part. In same ownership for approx. 30 years. 6 week completion. A terraced building comprising 2 Ground Floor Shops together with separate front access to Self-Contained Offices on the first and second floors. Producing £35,000 plus vacant shop and vacant offices.