Gilmartin Ley - commercial property in North London - recent additions or updates to our commercial property listings

Freehold Builders Merchant Investment For Sale, 1.58 acre site - Brentwood, Essex

Tue, 18 Jun 2013 16:24:00 GMT

The entire property is let to Travis Perkins (Properties) Ltd at a passing rent of £89,500 p.a. on a fully repairing lease with 10.8 years remaining.

In addition to the modern steel portal frame warehouse there is a concrete-surfaced yard of 53,600 sq ft.

The 10,125 sq ft building, which was constructed in the late 1990s and has an eaves height of 5.78 m (18.96 ft), comprises two separate warehousing areas, a ground floor sales display & trade counter area and first floor office accommodation above.

The property features security flood lighting, CCTV and secure perimeter fencing.

Unique Development Opportunity with Vacant Possession - Crouch End, London N19

Tue, 18 Jun 2013 16:21:00 GMT

A RARELY AVAILABLE OPPORTUNITY TO BUY A FREEHOLD HOUSE WITH DEVELOPMENT POTENTIAL IN A HIGH VALUE PART OF NORTH LONDON.

The three storey semi-detached Victorian house occupies a site of 0.077 acres and has vehicular access via a driveway to the side of the house to the rear garden / workshop.

Currently arranged as three flats, but registered as a house for Council Tax purposes, it requires complete renovation and offers huge potential to add value via a professional flat conversion, restoring the property to its original arrangement as a house and possibly by developing flats in the land to the rear, currently used as a workshop.

The single storey workshop building in the former rear garden comprises a pitched roof, garage and a substantial area of covered yard. The yard has the benefit of three phase power and a toilet facility. The workshop and yard has been in operation at the rear of the property for over 15 years.

Newly Refurbished Offices To Let - Southgate, London N14

Tue, 18 Jun 2013 16:19:00 GMT

The property comprises the first and third floors of this newly refubished imposing four storey mixed retail / office property within Southgate town centre.

Addional works to the internal common parts and the exterior are due to be completed shortly.

Modern Industrial Unit / Warehouse To Let - Edmonton N18

Tue, 18 Jun 2013 16:17:00 GMT

The property comprises an end of terrace, modern portal framed warehouse unit situated on an established gated industrial estate.

Modern Open Plan Office To Let - Enfield EN1

Tue, 18 Jun 2013 15:03:00 GMT

The property comprises predominantly open plan offices situated on the ground floor of this 1990s built office complex. The accommodation is finished to a good standard and includes a private kitchen. The main ground floor entrance lobby has been recently refurbished. The property also benefits from demised parking for 3 cars (more if parked in tandem).

Regarding additional parking, you should make your own enquiries with London Borough of Enfield but we have been advised that an annual Business Parking Permit can be obtained from the council at a current cost of £60.00 per permit.

Excellent Warehouse Unit To Let - Waltham Abbey EN9

Tue, 18 Jun 2013 15:02:00 GMT

Built in the 1950's, this is an industrial/warehouse building of steel frame and brick construction. The warehouse benefits from a generous eaves height and is heated via two modern Reznor gas powered heaters. The property also benefits from a number of ancilliary air conditioned offices and showrooms. The building fronts on to Lea Road and Gordon Road.

The property benefits from private parking along the Gordon Road frontage and additional parking for eleven cars in the secure car park on the east side of Lea Road.

Prominent Freehold Office - London N8

Fri, 14 Jun 2013 16:30:00 GMT

This imposing detached office building was originally built on a site previously occupied a pair of three storey semi-detached Victorian houses. The corner plot has a site area of 349.38 square metres (3,761 square feet).

The property has since been substantially altered and extended at ground and first floor levels in the 1930s. The space currently consists of functional cellular office space.

Much of the partitioning is non structural and it would be possible to reconfigure the space to provide predominantly open plan accommodation.

Externally, there is a small rear yard are and there is space to park 4-5 cars on the forecourt of the property.

Retail Shop (A1 Use) - Bush Hill Park, Enfield, London N9

Wed, 12 Jun 2013 17:40:00 GMT

The property comprises a terraced shop arranged over basement and ground floors. The property includes a ground floor retail area with kitchen facilities to the rear.

The basement is accessed from the rear yard, provides basic storage with headroom of approximately 1.85m and features WC facilities.

Externally, the property benefits from a generous rear yard / parking area, upon which two large metal containers are being stored by the current tenant, leaving space for one vehicle in addition.

Fully Let Freehold Retail Investment - Winchmore Hill N21

Wed, 12 Jun 2013 16:07:00 GMT

The properties comprise two separate self-contained ground floor retail units forming part of a three storey Victorian building within a smart retail terrace.

Both properties are have been fitted to a high standard specification and we believe there is scope to improve the rental income.

The two residential flats above 12a and 14a have been sold on long leases at a peppercorn or nominal ground rent.

The majority of the retailers in the area are long established and independently run businesses.

Office Investment For Sale - Enfield EN1

Tue, 11 Jun 2013 09:20:00 GMT

Completely refurbished in 2006, Southbury House provides five floors of flexible open plan office space, arranged in two separate wings each of which has its own entrance. The property is DDA compliant, benefits from 3 passenger lifts, suspended ceilings, category II lighting, air conditioning, secondary glazing, perimeter trunking, dedicated on site management, male and female WC facilities on each floor and 75 on site car parking spaces.

Existing occupiers include Coffey Group, Database Sales Limited, Reed Recruitment, Westminster Homecare, Fortuna International and Serco Group PLC.

Approximately 50% of the building is currently let. Assuming the January rent review on 4th floor east is agreed (at the without predjudice level stated in the rent review trigger notice equating to circa £12.50 per square foot), the property would have a passing rent of £201,848 per annum exclusive.

The costs relating to the vacant space have been mitigated by virtue of a flexible letting arrangement of the empty space, which reduces the business rates payable on the remaining vacant space to 15% of that which would otherwise be payable.

The seller is prepared to offer the purchaser rent cover on the vacant space for 12 months providing a total annual rental income of c.£440,000 whilst the purchaser secures additional tenants, operates their business and/or investigates the alternative use planning potential.

A1 Shop, A2 Office or A3 Restaurant To Let - Upper Street, Islington N1

Wed, 05 Jun 2013 13:34:00 GMT

This property currently comprises a ground floor A1/A2 shop and basement (with restricted headroom).

Planning permission has been submitted to create an improved lower ground floor level and extension to the rear of the unit. It is also intended to widen the permitted uses to include A3.

The unit will be offered in shell and core condition with capped services and fully glazed frontage.

Office To Let - Upper Street, Islington N1

Tue, 04 Jun 2013 14:25:00 GMT

Located at first floor level of this prominent corner building the front office suite is entered via an ornate communal entrance on Waterloo Terrace.

Overlooking Upper Street, this office suite features two office rooms, a reception area, kitichen and WC facilities.

Prominent High Street A2 Office / Retail Unit - Potters Bar EN6

Tue, 04 Jun 2013 12:28:00 GMT

This A2 office has a double fronted shop front, offering excellent prominence and display facilities.

The property is currently fitted as predominantly open plan, air conditioned offices, with a partitioned managers office.

In addition, the property has the benefit of WC faclities, a kitchen, plus two external stores, rear loading and three allocated car parking spaces.

Office To Let - Upper Street, Islington N1

Fri, 31 May 2013 09:56:00 GMT

Located at first floor level of this prominent corner building the rear office suite is entered via an ornate communal entrance on Waterloo Terrace. The property comprises two separate office rooms, which are to be let together under a single lease.

Office/Showroom To Let - Enfield Island Village EN3

Fri, 24 May 2013 14:52:00 GMT

This modern glass fronted ground floor office/showroom premises provides bright, open plan space, which is suitable to a variety of different alternative uses.

The building benefits from kitchenette and toilet facilities along with 24 hour close circuit television security and on-site management office.

The property comprises two intercommunicating units and is capable of being let as a whole or in two separate units.

Office & Industrial Complex For Sale or To Let Ponders End Enfield EN3

Thu, 23 May 2013 10:49:00 GMT

The property is arranged as three self-contained commercial units comprising a two storey front office building of solid brick construction under a flat roof, an adjoining soild brick north light warehouse and small rear warehouse.

The office building is set behind a 6.2 metre deep forecourt with parking for four cars. There is a shared side accessway to the warehousing which is approximately 3.7 metres wide.

The front office building is arranged as nine small offices which are let on short term licences. The facilities are shared and include seperate male and female toilets and kitchen. Space heating and main services cost are recovered from the licensees through a service charge. There are currently eight vacant offices totalling 1001 sq.ft. The income from the ground floor front office of 194 sq.ft. is £4,740 per annum inclusive of business rates which equates to an average rent of £24.43 per sq.ft. The rents required for the vacant offices is available on request.

The main warehouse comprises 1,600 sq.ft. plus a mezzanine of 490 sq.ft. and the rear warehouse is 646 sq.ft. and has recently been let on a monthly licence.

There is a roof mast which is let to T-Mobile for a term of 10 years from 31st July 2006 with three yearly rent reviews linked to RPI and is currently producing an income of £7,260 per annum exclusive.

Freehold Office For Sale - Winchmore Hill, London N21

Thu, 16 May 2013 18:11:00 GMT

The property comprises a three storey office building, which was constructed in 2001 forming part of the Highlands Village development.

A 125 year long leasehold interest of the ground floor and part first floor is being sold to London Borough of Enfield. The remainder of the first floor and the entire second floor are vacant.

The accommodation provides an open plan general office area and a variety of private offices and meeting rooms on the second floor with and independent office and store at first floor.

Freehold Office Investment For Sale - Palmers Green, London N13

Thu, 16 May 2013 17:08:00 GMT

Dumayne House is a detached high specification office building set over ground, first and second floors built in 1991.

The ground and first floor are subject to a lease to the Department for Business Innovation Skills (Government Department) until December 2016 at a rent of £182,110 per annum exclusive. The tenant has vacated the property but is committed to paying rent until the expiraton of the lease.

Applying the current passing rent per square foot on ground and first floor lettings to the currently vacant second floor, there would be potential to increase rental income to circa £285,000 per annum.

Period Offices To Let - Hertford Town Centre, SG14

Thu, 16 May 2013 16:00:00 GMT

Second floor offices within a detached brick built former 18th Century house now occupied as offices. The building is Grade II Listed as being of Architectural and Historic merit.

The offices are centrally heated and air-conditioned with shared male and female toilet facilities.

Contemporary Self Contained Office Mews Property To Let - Maida Vale, London W9

Wed, 15 May 2013 00:00:00 GMT

The property comprises a modern mid terraced B1 office building arranged over three open plan floors.

The building has recenly been refurbished and provides bright flexible accommodation benefiting from cat II lighting, gas central heating, double glazing, fire alarm, kitchen and toilet facilities.