Welcome to our news and blog page which will feature our latest updates, deals done and industry comment. This will also be our property listings page featuring information on new properties that we’re marketing and highlighting requirements for retained clients who are looking for further branches and outlets.
If you are interested in any properties, please check with us on the current status and availability, particularly if you are intending to make travel arrangements to view a property.
COOL, FUNKY AND INDEPENDENT
We are currently marketing a really unique opportunity in Exmouth Market – the first time on the market in almost 20 years. Coffee, bagels, music (and cocktails) is the theme of a small, well established and iconic fixture of the Exmouth Market scene with A1 food use and a Premises Licence so the venue can change from a coffee and bagel bar during the day to a cool hangout for drinks and food in the evening. 10 covers inside, seating at the front and a 20 seat courtyard at the back. Affordable rent and 2 years left on the lease – inside the L&T Act so it’s renewable. Details are available here.
UPPER HOLLOWAY – 2 LARGE RETAIL UNITS
We have two adjacent retail units of different sizes forming part of the former British Bathroom Centre in Upper Holloway, next door to Chris Stevens trade discount store. The landlords on both properties will consider alternative uses, subject to planning. Ideal for an occupier wanting a showroom, restaurant or leisure property that benefits from easy access to the City & North London and the visibility from the high volume of traffic on the A1 south of Archway.
539 Holloway Road is in the middle of the block with an internal width of 15′ and a depth of over 130′. The ground floor is around 2100 sq ft and the landlords are carrying out works to improve the property and link it to a first floor of over 400 sq ft which can provide an occupier with some back-up or office space. New lease outside the L&T Act at a rent of £27,500 per annum.
541 Holloway Road is a 4,600 sq ft unit on the right hand side of the former bathroom centre with a double frontage. this is mostly on ground floor but has a spacious first floor suitable for office or back up space. The previous shopfitting has been removed, revealing plenty of character. The premises have plenty of space and ceiling height and are A new lease is available and offers in the region of £59,500 per annum are sought.
LEISURE UNIT – LOWER GROUND WITH GROUND FLOOR BAR
This former bar/restaurant unit is suitable for a number of different uses including fitness, restaurant/banqueting, D1 (subject to planning). It’s located on Clarence Street in Staines town centre, close to Staines Bridge, Bridge Street car park, in the Thames Edge mixed use development.
The ground floor provides a street level entrance and 1270 sq ft with fully glazed return frontage and a secondary entrance at the rear. The lower ground floor comprises a former bar of 4670 sq ft in total. The current configuration provides a total licensed area of 3378 sq ft. A new lease is available.
HOLLOWAY ROAD/NAGS HEAD AREA
We represent a client with an estate comprising a number of retail properties around the Holloway Road area and a few other parts of north London. We often have units to let and typically these will be from 300-2500 sq ft and suitable for a number of different types of retail business, D1 or similar uses. Current availability will be listed below.
Parkhurst Road – 450 sq ft. Busy main road location close to junction with Holloway Road. NOW LET
Tufnell Park Road, close to Holloway Road junction, Odeon Cinema. Newly refurbished 308 sq ft retail unit. Download details here.
674 sq ft retail unit in West Green (N15). Newly refurbished, new lease. NOW LET
265 sq ft former florist kiosk to let. Short term (up to March 2020) lease. Download details here.
596 sq ft ground floor lock up shop. Short term (up to March 2020) lease. Download details here.
1146 sq ft ground floor lock up shop. Short term (up to March 2020) lease. Download details here.
EXMOUTH CHARACTER BUILDING
Exmouth is a great seaside town in Devon and with its population of around 45,000, it is an all year round town, not just busy during the summer holidays.
Clients of ours are just finishing a redevelopment of a Grade II Listed Building in the town centre adjacent to the town hall and opposite Prezzo (one that’s not closing, so it must be profitable!). The location is on the edge of the main shopping area with a number of pubs and restaurants in close proximity including some of the most popular restaurants in the town centre such as Millers, Saveur, The Oddfellows, The Chronicle and Bumble & Bee at Manor Gardens.
The property will offer just under 2,800 sq ft in a highly visible corner location with restored character frontage and return glazed frontage. With such extensive window frontage, unsurprisingly there’s loads of natural light that floods in to the ground floor. Great for people watching too! The premises have A1 or A3 use so there’s many different retail and restaurant uses that are suitable here.
CENTRAL LONDON TOURIST, EVENING AND OFFICE LOCATION
We have been instructed to sell the lease on a high quality fitted cafe and patisserie between Holborn and Russell Square. The premises are located in a high footfall location in Southampton Row – with many hotels, tourist attractions (such as the British Museum) and offices in the area. Plus of course it’s in the heart of the University area where UCL, SOAS, Birkbeck have campuses – in addition to the nearby Great Ormond Street teaching hospital.
Recently fitted out on ground floor and basement (customer seating on both floors) the property offers a ready to trade opportunity for an A1 food unit in Central London. In addition, planning consent for A3 use has been granted so the business can be developed further to integrate more of a restaurant use if required.
The current rent is £63,000 per annum and there’s a lease until 2021, which is fully renewable as it’s inside the Landlord & Tenant Act. We are marketing the property seeking offers in excess of £125,000 for this ‘ready to go’ opportunity.
200 SEATER RIVERSIDE RESTAURANT UNIT
Intrinsic have been instructed to the former Jimmy’s World Kitchen restaurant unit in Staines (or as it’s known now, Staines-upon-Thames!). This is an opportunity for a restaurant operator looking for a large, destination, riverside property able to capitalise on the large catchment population in the Staines and surrounding area.
The unit is around 5,000 sq ft on ground floor, with riverside terrace seating area and a large basement. One of the previous occupiers had 210 covers plus a further 28 outside and 25 at the bar. The restaurant unit is situated in the Thames Edge riverside development of 65 luxury apartments and restaurants on the ground floor, adjacent to Staines Bridge so benefits from the passing traffic coming into Staines from the M25, Egham, Virginia Water and Chertsey. With Staines being one of the key office locations in the western corridor, it’s also accessible from The Causeway where many office HQs are located, where Regus, Ricoh, Audley Court, Mallinckrodt Pharmaceuticals, UKAS, Gartner and many others have HQs. During the summer months particularly there’s a regular stream of potential customers from these offices across the bridge coming into the town centre.
We’re offering a new lease on the property, without premium and a premises licence is available for transfer.
HOXTON RETAIL UNIT
At the southern end of Hoxton Street, adjacent to Shoreditch Library and the New City College campus, we have been instructed to let a retail unit on ground floor and basement. The premises have been refurbished with a new shop front, electric shutters and freshly plastered internally. A new lease is available and details can be found here.
RESTAURANT/CAFE-BAR OPPORTUNITY UNDER OFFER
Can you imagine your new restaurant, microbrewery or bar in this spectacular space?
It’s in one of the south east’s most historic high streets surrounded by centuries of history (and the tourism to match). A rare opportunity to acquire space that’s open plan and contemporary, one of the few non-listed buildings in this fabulous high street.
This building, in Rochester High Street, is less than 125m from both Rochester Castle and Rochester Cathedral. There’s 2,700 sq ft of ground floor area and as you can see from the photographs you can create a great atmosphere by utilising the high ceiling heights to design a venue that really stands out. Or you can use the extra height to install a mezzanine or gallery area for extra seating.
If you think you’ve got the vision to create something special in this space call either of the joint agents for a chat and to arrange to have a look inside.
FITNESS CLUBS FOR SALE
Intrinsic have been instructed to sell two leasehold fitness clubs in Buckinghamshire on a confidential basis and they’d be attractive to individual operators or corporate operators alike. The first is a 2000 member club in a dominant location with its own parking and with a unique ladies only section. The business has been operating for 3 years offers a private operator a ready made opportunity to rebrand a maturing business. The second is a unique, large 24 hour business with MMA Cage and potential for 5000 members. It has only been open since summer 2017 and has already attracted 3000+ members and growing well. For further information please contact Simon Kelly on firstname.lastname@example.org
THE WOODMAN, LONDON SW19 NOW LET
Intrinsic are marketing a new lease on a fantastic pub opportunity in Wimbledon Park, an opportunity for a high quality A4 operation in a locally important building. A pub/inn has been on the site for almost 120 years serving the surrounding community and the wider catchment as a well known and well recognised destination. The successful operator is likely to be able to provide a contemporary customer environment and a high quality menu as well as a varied range of drinks including local craft beers and ales from south west London’s breweries, micro breweries and craft producers.
The premises will comprise a remodelled public house on ground floor and first floor, with outside area. The floor areas are to be confirmed but on the ground floor are likely to have around 2,750 sq ft GIA with the upstairs (circa 1,800 sq ft) capable of potentially being converted to up to seven letting bedrooms or staff accommodation. Available for occupation early summer 2018, a new lease will be available with offers in the region of £85,000 pax sought. Click here to download the brochure.
HOTPOD YOGA – STRETCHING TO NEW LOCATIONS
At Hotpod they provide an intensive and balanced physical workout, restoring calm and clarity to the mind in soothing, cocoon-like pods. 37°c heat warms the muscles and aids flexibility as well as making the heart work harder. Thousands of years of yoga tradition are pared down to some critical, logical and powerful elements; creating a highly accessible, high impact yoga for all ability levels – and popping up in places you might not expect. They have a simple mission: to make the benefits of hot yoga accessible in as many ways (and places) as they can think of.
Hotpod currently have over 30 studios across 7 countries, running thousands of classes every month. In amongst the mix of franchised sites, event and promotional pop ups, Hotpod have now opened three franchisor sites in London, having acquired new premises in Hackney, Notting Hill and Brixton for permanent company studios.
Intrinsic property are now looking for further sites in London for this exceptional business – up to 3 new studios to be opened in 2018. Great spaces are an essential part of their business to create the relaxing and chilled atmosphere necessary for their classes. Hotpod can transform any space, very quickly and cost effectively into a fantastic yoga facility. We need between 1200 sq ft and 2000 sq ft and around 2.7m of height and preferably a minimum 7m clear width. Battersea, Peckham, Clapham, Balham, Richmond and Kingston are all locations that are examples of where Hotpod are targeting but there are many locations throughout London that they’d consider. But whilst the location is important, the style and simplicity of space and premises is crucial.
Ground floors, basements and even first floors will be considered and ideally the space will be warehouse style but they are open to adapting any kind of space to their ‘look’. D2 planning use (assembly and leisure) suitable for gyms or indoor sports/recreation is preferred but D1 use may be possible.
If you’ve got any suitable property then why not give us a call to see if it’s suitable for Hotpod? We will look at many locations to site the three new branches so haven’t issued a specific list However, a brief guide to the requirement can be found here.
CHICHESTER – PUB OPPORTUNITY
Early in 2019 we will be seeking a tenant for a pub property in central Chichester, opposite the Cattle Market car park, close to restaurants such as Brasserie Blanc, Carluccio’s and the new Giggling Squid. The premises have been unoccupied for a while so need refitting. There is a rear yard area and a new occupier could create a single storey conservatory extension. If this was carried out then an overall ground floor area of around 2500 sq ft could be created.
Our clients are open to discussions about a level of rent that reflects the work necessary to convert the building into a great pub or bar.
CENTRAL LONDON PRIME TOURIST HOTSPOT LEASE SOLD
Following a company takeover we are selling a restaurant in a prime tourist spot and are looking for a buyer who can purchase quickly as the restaurant has recently closed. Situated in Southampton Row, close to many offices, The British Museum and many hotels around the Holborn/Russell Square area, the street has high footfall with Holland & Barrett, Greggs, Pizza Express and Simit Sarayi just some of the occupiers in this and adjacent blocks.
The premises are around 1100 sq ft on ground floor offering up to 80 covers, plus a small courtyard seating area at the rear. The basement is around 1200 sq ft and has a fitted kitchen, prep/storage areas and customer WCs.The lease is 20 years from April 2015 at £82,500 pa and premium offers in the region of £250,000 are being sought. Details are available here.
The Chapel was founded in 2001 as a luxury concept hair spa and the Group now has four salons: Tunbridge Wells, Sevenoaks, Islington and Verbier. Each of the buildings has distinctive qualities in order to create a five star environment for guests – the space and environment is an important feature of all salons in order to create the feeling of space, mood, colour and light for guests.
Intrinsic Property are identifying the next salons for The Chapel. The broad criteria for property acquisition are as follows:
SIZE: 3000 sq ft plus
TYPE: properties with distinctive features, character (modern or old) and potential feeling of ‘space’. A1 (retail use) is needed but buildings in alternative use requiring change of use will be considered.
POSITION: out of town, in town/High Street or destination locations will be considered
LOCATIONS: major, affluent towns/suburbs in the south east will be considered but of particular interest are Brighton, Chichester, Haywards Heath, Horsham, Cobham, Farnham, Guildford, Kingston, Reigate, Richmond, Wimbledon, Blackheath, Bromley, Marlow, Windsor, Walton/Weybridge, St Albans
If you have any suitable properties that you think may be suitable for The Chapel, or wish to discuss the requirement in more detail, please contact Simon Kelly of Intrinsic Property: Tel 07770 914634 or email email@example.com (or have a peek at the requirements brochure here).
LEISURE PREMISES, WARE DEAL DONE
Ware is an attractive and affluent market town of around 18,800 people in Hertfordshire, close to the county town of Hertford.
We’re just about to bring to market a 6,500 sq ft D2 opportunity in the town centre. Located on 1st and 2nd floors above a parade of shops, the premises are currently trading as a snooker club, but having D2 use could be used for other leisure purposes such as health & fitness/gym, arts or small cinema or music venue.
Full details are available here.
KINGSLAND ROAD, E8 LET
This is an unusual and rare opportunity to acquire a leisure building in the heart of thriving Dalston. The property is an Asset of Community Value and benefits from a planning consent for use as an Arts and Cultural Centre with private function rooms and ancillary bar and with operating hours between 0900 and 0100 Sunday to Thursday, 0900 to 0300 Friday and Saturday. The planning use was granted in 2008 and was personal to the previous occupiers.The landlords will apply for permission to vary this consent jointly with an occupier who can demonstrate their appropriate use for the property as a ‘’unique venue with an exciting, creative yet community feel to it’’ and maintaining the local authority’s desire to protect the cultural value of live music venues in the borough.
The premises comprise approximately 2,200 sq ft over ground and first floor with an indicative capacity of circa 170-220, subject to configuration. Offers in excess of £90,000 per annum are being sought for a new lease.
CADOGAN TERRACE, LONDON E9
Cadogan Terrace runs around the east side of Victoria Park and is one of the area’s most picturesque streets – located between Hackney itself, Homerton, Bow and London’s most hip regeneration area, Hackney Wick.
We’re just about to bring to market a 2,100 sq ft A4 opportunity in this Victorian residential terrace, right opposite the St Mark’s Gate entrance to East London’s finest green space. .
The premises are located in a stunning new 8 apartment development adjacent to the Hertford Union Canal – they comprise split level accommodation, with an upper ground floor with picture window and the lower ground floor having an outside terrace. The rent is £77,500 per annum and we’re going to be looking for premium offers in the region of £50,000 for the lease on this shell unit. Full details are available here.
CHICHESTER LETTING COMPLETED
This is a great city centre retail or restaurant opportunity totalling around 3,300 sq ft over two levels. It’s opposite the Cattle Market car park (at 900 spaces, the largest in the city) and just off the end of East Street, Chichester’s pedestrianised shopping street. There’s a chance to create a bit of a ‘wow factor’ with the frontage as the first floor is fully glazed and benefits from natural light from front and back – a great sales space or seating area for a restaurant.
Carluccio’s, Brasserie Blanc, Turner’s Pies and ASK are nearby as well as Attibassi, the specialist Bologna coffee brand, who’ve opened their first UK espresso bar in Chichester. Boston Tea Party are due to open a new branch close by, just off East Street and close to major footfall drivers such as New Look, Next, T K Maxx and H&M. Click here for further details.
WALTHAMSTOW NOW LET
We are letting a ground floor retail/restaurant unit in the new student housing village in Black Horse Lane, Walthamstow. The 500+ bed village is due to open summer 2017 and will provide student housing 2 minutes from the Victoria Line and London Overground station with easy access to many of London’s unis, including London Metropolitan University on Holloway Road, the London College of Fashion on Oxford Street and the University of Westminster. Immediately adjacent, the next phase of the regeneration of this part of London is underway with the provision of almost 500 new homes in Taylor Wimpey’s Eclipse development. More on the major plans for this regeneration area can be read in this local media report.
We have a 2,300 sq ft ground floor unit (A1/A3/A4 consent) with double height frontage available and next to a 4,000 sq ft Co-Op due to open August 2017. More details of the unit available can be found here.