38/40 Market Place Coleford Gloucestershire GL16 8AA

  • 38/40 Market Place<br>Coleford<br>Gloucestershire<br>GL16 8AA

38/40 Market Place
Coleford
Gloucestershire
GL16 8AA

Freehold Retail Investment

  • Let to Sue Ryder on a new 10 year lease (no breaks)
  • Attractive market town centre
  • Nearby occupiers include HSBC, Halifax, Lloyds TSB and Cancer Research
  • Six Week Completion Period Available
  • Lot
    1
  • Auction
    24th May 2012
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £237,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On Behalf of Sue Ryder
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Freehold Retail Investment

  • Let to Sue Ryder on a new 10 year lease (no breaks)
  • Attractive market town centre
  • Nearby occupiers include HSBC, Halifax, Lloyds TSB and Cancer Research
  • Six Week Completion Period Available
  • Lot 1
  • Auction 24th May 2012
  • Rent £15,000 per Annum Exclusive
  • Status Sold
  • Price £237,000
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On Behalf of Sue Ryder

Property Information

Location
Miles
6 miles east of Monmouth, 13 miles north of Chepstow, 20 miles west of Gloucester
Roads
A40, A4136
Rail
Lydney Rail Station
Air
Bristol International Airport, Cardiff International Airport
Situation

Coleford is an attractive market town situated between Monmouth and the Forest of Dean, east of the A40. The property is situated on the east side of Market Place with nearby occupiers including HSBC, Halifax, Lloyds TSB and Cancer Research.

Tenure

Freehold.

Location
Miles
6 miles east of Monmouth, 13 miles north of Chepstow, 20 miles west of Gloucester
Roads
A40, A4136
Rail
Lydney Rail Station
Air
Bristol International Airport, Cardiff International Airport
Situation

Coleford is an attractive market town situated between Monmouth and the Forest of Dean, east of the A40. The property is situated on the east side of Market Place with nearby occupiers including HSBC, Halifax, Lloyds TSB and Cancer Research.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor with further retail space on the first floor. There is no internal access to the second floor and it is not currently used by the tenant.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises retail accommodation on the ground floor with further retail space on the first floor. There is no internal access to the second floor and it is not currently used by the tenant.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
First
Second
Retail
Retail
Ancillary
74.32 sq m
76.74 sq m
(800 sq ft)
(826 sq ft)
SUE RYDER 10 years from completion until
2022 on a full repairing and
insuring lease
£15,000 2017
Not Measured
Totals  
151.06 sq m
(1,626 sq ft)
    £15,000

(1) Sue Ryder is a registered national charity providing health and social care services in local communities. Sue Ryder has more than
8,000 volunteers and is supported through fundraising and retail activities via 350+ outlets nationwide (Source: www.sueryder.org).
For the year ending 31st March 2011, Sue Ryder reported a working capital of £12,560,000, pre-tax profit of £2,153,000 and a total net
worth of £45,059,000 (Source: www.riskdisk.com 24/02/2012).

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Oxygen Asset Management Ltd 5 St Bride Street
London
EC4A 4AS
Fred Meehan 020 7427 6994fred.meehan@oxygenam.com
Seller's Solicitors
Charles Russell Compass House, Lypiatt Road
Cheltenham
Gloucestershire
GL50 2QJ
Nigel Whittaker 01242 221 122Nigel.Whittaker@charlesrussell.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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