90 High Street Annan Dumfries and Galloway DG12 6DJ

90 High Street
Annan
Dumfries and Galloway
DG12 6DJ

Heritable Retail Investment

  • Let to Superdrug Store Plc (t/a Savers Health & Beauty) until 2020 (subject to option)
  • Prominent position on High Street
  • Nearby occupiers include Boots, Thomas Cook and William Hill
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    56
  • Auction
    8th December 2016
  • Rent
    £9,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Heritable Retail Investment

  • Let to Superdrug Store Plc (t/a Savers Health & Beauty) until 2020 (subject to option)
  • Prominent position on High Street
  • Nearby occupiers include Boots, Thomas Cook and William Hill
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 56
  • Auction 8th December 2016
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund Manager

Property Information

Location
Miles
16 miles south east of Dumfries, 18 miles north west of Carlisle
Roads
B721, A75, A74 (M) (Juction 22)
Rail
Annan Rail
Air
Carlisle Airport
Situation

Annan is a popular town in south west Scotland 8.5 miles from the English border. The property is situated on the northern side of the High Street which is home to occupiers including Boots, Thomas Cook and William Hill.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location
Miles
16 miles south east of Dumfries, 18 miles north west of Carlisle
Roads
B721, A75, A74 (M) (Juction 22)
Rail
Annan Rail
Air
Carlisle Airport
Situation

Annan is a popular town in south west Scotland 8.5 miles from the English border. The property is situated on the northern side of the High Street which is home to occupiers including Boots, Thomas Cook and William Hill.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a ground floor retail unit which forms part of a larger building.

VAT

VAT is 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 retail unit which forms part of a larger building.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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. Reversion
Ground Retail
256.78 sq m
(2,764 sq ft)
SUPERDRUG STORES PLC
(1) (t/a Savers Health & Beauty)
5 years from 09/10/2015
(3)
£9,000 10/10/2020
Total  
256.78 sq m
(2,764 sq ft)
    £9,000  

(1) For the year ending 26 Dec 2015, Superdrug Stores Plc reported a turnover of £1,105,002,000, pre-tax profits of £56,842,000 and a total net worth of £50,149,000. (Source: Experian Group 09/11/2016)
(2) Savers currently have 300 stores trading throughout England, Wales, Scotland and Northern Ireland with over 3,000 colleagues working for the company. Savers and Superdrug are part of the A.S. Watson group which is the largest international health and beauty retailer in Asia and Europe with over 12,800 stores in 25 markets. (Source: www.aswatson.com 09/11/2016)
(3) The lease provides an option to determine on 10/10/2018.

Property Documents

  • Catalogue Page
    Updated Date
    16.11.16
    File Size
    520 KB
    View PDF
  • Site Plan
    Updated Date
    16.11.16
    File Size
    36 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
DWF LLP No. 2 Lochrin Square, 96 Fountainbridge
Edinburgh
EH3 9QA
Iain Mclean 0131 474 2320iain.mclean@dwf.law

Useful Links

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

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