Property Search: Retail
Price: We are instructed to seek offers in the region of £625,000, which reflects an initial yield of 7.2% after the usual purchaser's costs of 5.75%.
Size: 7,535 sq ft with 8,000 sq ft yard
INVESTMENT OPPORTUNITY
Retail warehouse 7,535 sq ft with large yard
Recently completed in prominent business location
Let to Wynnstay Group Plc on new 10 year lease The property comprises a brand new semi-detached industrial unit extending to approximately 7,535 square feet. It is based on a portal frame structure clad with pre-coated profile and composite cladding, with cavity brickwork elevations and roller shutter door access.
Outside, there is a substantial secure yard adjoining the unit and allocated car parking.
Construction of the unit has recently been completed and the property has been let to Wynnstay Group Plc on a new ten year lease without option to break.
COVENANT
Wynnstay Group Plc manufactures and supplies a wide range of agricultural products to farmers and the rural community throughout Wales, the Midlands and the northwest of England. In addition to the agricultural division, the agricultural supplies department operates a chain of thirty two country supply stores, of which Whitchurch is their most recent development. The latest financial information for the company to 31st October 2012 shows a pre-tax profit of £7.76 million (£6.85 million 2011) on a turnover of £376 million (£346 million 2011). Total assets less current liabilities are reported at £61 million (£55.4 million 2011).
Price: Rent/price upon application.
Size: 650 square feet (60.38 square metres)
Ground floor retail unit in town centre location
Extending to approx 650 sq ft plus basement
Glazed frontage onto High Street
First floor office accommodation
Two car parking spaces The property comprises a two-storey, mid-terraced retail premises, having an attractive glazed window frontage and a pedestrian access that is recessed from the High Street.
Internally, the ground floor accommodation consists of a sales area and changing room/storeroom with access to the basement/cellar. An internal staircase rises from the retail area to the first floor, which is currently partitioned to provide three offices including a kitchenette and WC facilities.
Externally, the property benefits from two car parking spaces to the rear of 60 High Street.
Price: Rent upon application
Size: 5,000 sq ft on 0.26 ac
Non-food retail/showroom unit
Highly prominent roadside frontage
Landmark position close to 'The Column' roundabout
Approx 5,000 sq ft with 9 parking bays
Dual road frontage
Affluent surroundings
Open non-food A1 retail permission obtained The property will comprise a prominent 'as new' single storey retail unit with a spacious forecourt to the Wenlock Road frontage.
The premises will be completed to a shell and core specification ready to accept an incoming tenant's fit-out works.
Nine parking bays will be provided on the Wenlock Road frontage, with a delivery bay and three staff bays on the London Road frontage.
Price: Price/Rent upon application
Size: From 3,909 to 8,142 sq ft
Leisure/retail premises
Prominent and attractive modern unit
From 3,909 sq ft to 8,142 sq ft
New Village Centre with 3,500 new homes
Adj to new Morrison's and Marston's pub The property comprises an attractive leisure/retail premises in a prominent corner position with fully glazed frontage providing excellent visibility onto West Centre Way. The unit consists of ground floor accommodation with a substantial mezzanine floor above, accessible via stairs and a lift.
Externally, the property benefits from eight car parking spaces to the rear and a loading courtyard. There is also shared car parking available within the Morrison's car park next door.
There is potential to divide the property into two separate units, subject to planning permission.
Price: Offers in excess of £425,000
Size: Ground floor 148 sq m, first floor 147 sq m, second floor 152 sq m
82-82A High Street, Bridgnorth
Mixed retail and residential investment
Three storey, multi-let building
Ground floor let to strong covenant The property comprises a multi-let, three storey brick built property providing a retail unit and offices on the ground floor, which are accessed off High Street, and a one-bedroom flat to the rear (Flat 3), which is accessed via a separate side entrance. On the first floor there is a two-bedroom flat (Flat 2) and on the second floor a three-bedroom flat (Flat 1).
We are not aware of the current planning position in relation to the site and would recommend that interested parties make their own enquiries in this regard. However the property is presently occupied for a mainly retail and office use at ground floor level, with partial residential use to the rear, and a solely residential use on the upper levels.
Price: Rent upon application
Size: 500 sq ft
13A Victoria Road, Shifnal
Ground floor retail unit
Approx 500 sq ft
Prominent position
Car parking to rear The property comprises a ground floor shop forming part of a larger building of traditional brick construction beneath a slate roof. The building has been subdivided over the years to provide a mixture of retail units and office suites, which are suited to local occupiers. There is car parking available to the rear of the building for the use of occupiers.
The subject property consists of a retail area and a small kitchenette with sink and base units. The accommodation benefits from fluorescent lighting, carpeted floors and UPVC double glazed windows. There is also an alarm system in place and access leading onto Victoria Road.
Price: £5,200 per annum
Size: 552 sq ft
Unit 5, Teagues Crescent, Trench
Ground floor retail unit
Approx 552 sq ft NIA
Within popular parade of shops The property comprises a mid terraced ground floor retail unit that forms part of a parade of shops on Teagues Crescent. The unit is of brick construction with a glazed shop frontage. Internally it provides a retail area, store, small consultation room and WC facilities.
Price: Rent upon application
Size: 9,323 sq ft
27 Market Street, Oakengates
Prominent ground floor retail premises
Basement storage
Approx 9,323 sq ft
Rear service yard The property comprises ground floor retail accommodation with basement storage and enclosed service yard to the rear. It forms part of 27 Market Street, a two storey commercial building.
Internally, the accommodation consists of a large open plan retail area on the ground floor, which is currently arranged in three service isles and utilised for the sale of DIY and home ware goods. The retail area has been separated off to the rear by way of stud partitioning to provide a storage area and beyond is a small office, which affords access to a service/goods lift to the first floor (now only utilised for deliveries). The accommodation has a tiled floor with suspended ceiling and fluorescent lighting throughout.
To the rear of the retail area is a stairway leading down to the basement, which is currently utilised for storage purposes and has a restrictive head height. It also houses a small room containing the electrical fuse boxes and oil-fired boiler. There is also direct access onto the rear yard.
Outside, to the rear of the property is a concrete service yard, which is bounded by a brick wall and iron fencing and accessed via double steel gates off New Street public car park. There is also a loading bay to the rear with access to the service/goods lift.
Price: From £16.00 psf
Size: From 541 sq ft
Lawley Square, Lawley Village, Telford
Over 33,000 sq ft commercial space
3,500 new homes
New Morrison's foodstore
Prominent location on main arterial routes
Ready for occupation 2012 Lawley Square provides the focus for the commercial and retail element of Lawley Village. With over 7 acres, Lawley Square will comprise of a new 35,000 square foot Morrison's foodstore, a new Marston's public house/restaurant, a children's day nursery, a new 80-100 bed hotel, cafe bars/restaurants, offices and over 15 new ancilliary retail units. This is in addition to the proposed new primary school, health centre, carehome and luxury apartments.
Price: Rent upon application
Size: 1,083 sq ft to 3,145 sq ft
Units 4 & 10, 10 Oxford Street, Oakengates
Prime office/retail premises
Extending from 1,083 sq ft to 3,145 sq ft
Suitable for a variety of uses The property comprises of two ground floor interconnecting retail/office units that form part of a larger three storey commercial building dating from the 19th Century. The accommodation was formerly utilised in the main by Wrekin Housing Trust as a property letting office and enjoys a large glazed frontage onto Oxford Street. Unit 4 consists of an open plan office/retail area accessed via a communal entrance off the main street and Unit 10 provides open plan office/retail accommmodation incorporating store room, further office and cash office with meeting room, plant room, kitchen and toilet facilities to the rear. Both units benefit from predominantly carpeted floors and fluorescent tube lighting throughout. Unit 10 has a suspended ceiling in part. At present the units are interconnecting but they could be separated for individual occupation. The premises have historically been utilised for retail/office purposes but they are suitable for a variety of uses subject to planning permission.


