Let to Done Brothers (Cash Betting) Limited (t/a Betfred)
Affluent and Historic Cotswold Town
Prominent position on pedestrianised High Street
Nearby occupiers include Next, New Look, Argos, Superdrug, Iceland, Poundworld and Sports Direct
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 32
Auction 8th December 2016
Rent £42,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of a Real Estate Investment Trust
Property Information
Location
Miles
9 miles north-east of Gloucester, 40 miles north-east of Bristol, 48 miles south of Birmingham
Roads
A40, M5 (Junction 11)
Rail
Cheltenham Spa Railway Station
Air
Bristol Airport, Birmingham International Airport
Situation
Cheltenham is an affluent and attractive Cotswold town situated 9 miles north-east of Gloucester. The property is prominently situated on the east side of the pedestrianised High Street adjacent to Iceland. Other nearby occupiers include Next, New Look, Argos, Superdrug, Poundworld and Sports Direct.
Tenure
Virtual Freehold. Held for a term of 999 years from 17th May 2005 at a peppercorn rent.
Location
Miles
9 miles north-east of Gloucester, 40 miles north-east of Bristol, 48 miles south of Birmingham
Roads
A40, M5 (Junction 11)
Rail
Cheltenham Spa Railway Station
Air
Bristol Airport, Birmingham International Airport
Situation
Cheltenham is an affluent and attractive Cotswold town situated 9 miles north-east of Gloucester. The property is prominently situated on the east side of the pedestrianised High Street adjacent to Iceland. Other nearby occupiers include Next, New Look, Argos, Superdrug, Poundworld and Sports Direct.
Tenure
Virtual Freehold. Held for a term of 999 years from 17th May 2005 at a peppercorn rent.
Description
The property comprises a ground floor betting shop with basement ancillary accommodation, which forms part of a larger building.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor betting shop with basement ancillary accommodation, which forms part of a larger building.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) For the year ending 27th September 2015, Done Brothers (Cash Betting) Limited reported a turnover of £288,012,000, pre-tax profits of £7,489,000 and a total net worth of £117,912,000 (Source: Experian Group 09/11/2016).