60 High Street Gravesend Kent DA11 0DA

60 High Street
Gravesend
Kent
DA11 0DA

Town Centre Retail Investment

  • Let to Aurora Spa Health and Beauty Limited guaranteed by Practical Contract Solutions Limited
  • New 10 year lease from January 2016
  • Pedestrianised High Street location
  • Nearby occupiers include Primark, JD Wetherspoon, McDonald’s and Costa Coffee
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    82
  • Auction
    19th May 2016
  • Rent
    £17,004 per Annum Exclusive
  • Status
    Sold
  • Price
    £238,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

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

Town Centre Retail Investment

  • Let to Aurora Spa Health and Beauty Limited guaranteed by Practical Contract Solutions Limited
  • New 10 year lease from January 2016
  • Pedestrianised High Street location
  • Nearby occupiers include Primark, JD Wetherspoon, McDonald’s and Costa Coffee
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 82
  • Auction 19th May 2016
  • Rent
  • Status Sold
  • Price £238,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
7 miles east of Dartford, 26 miles east of Central London
Roads
A2, M2, M20, M25
Rail
Gravesend Railway Station
Air
London Gatwick Airport
Situation

The property is situated in the heart of the town centre on the western side of the pedestrianised High Street, close to its junction with Jury Street. St. George's Square Shopping Centre is located a short distance from the property and houses retailers including Sports Direct, Poundstretcher, Boots and WH Smith. Other nearby occupiers include Primark, JD Wetherspoon, McDonald's and Costa Coffee.

Tenure

Long Leasehold. Held from Town & Country Housing Group for a term of 300 years expiring on 31 May 2301 at a peppercorn rent.

Location
Miles
7 miles east of Dartford, 26 miles east of Central London
Roads
A2, M2, M20, M25
Rail
Gravesend Railway Station
Air
London Gatwick Airport
Situation

The property is situated in the heart of the town centre on the western side of the pedestrianised High Street, close to its junction with Jury Street. St. George's Square Shopping Centre is located a short distance from the property and houses retailers including Sports Direct, Poundstretcher, Boots and WH Smith. Other nearby occupiers include Primark, JD Wetherspoon, McDonald's and Costa Coffee.

Tenure

Long Leasehold. Held from Town & Country Housing Group for a term of 300 years expiring on 31 May 2301 at a peppercorn rent.

Description

The property comprises a ground floor shop with a basement providing ancillary accommodation, forming part of a larger building.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

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

Description

The property comprises a ground floor shop with a basement providing ancillary accommodation, forming part of a larger building.

Six Week Completion

VAT

VAT is 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 Review (Reversion)
Ground/Basement Retail/Ancillary
135.64 sq m
(1,460 sq ft)
AURORA SPA
HEALTH AND
BEAUTY LIMITED
(1)
10 years from
05/01/2016 on a full
repairing and
insuring lease
£17,004 05/01/2021
(04/01/2026)
Totals  
135.64 sq m
(1,460 sq ft)
    £17,004

(1) The lease has been guaranteed by Practical Contract Solutions Limited.

Property Documents

  • Catalogue Page
    Updated Date
    27.04.16
    File Size
    615 KB
    View PDF
  • Site Plan
    Updated Date
    27.04.16
    File Size
    297 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds 1 Callaghan Square
Cardiff
CF10 5BT
Alexandra Shapland 0292 047 7210AlexShapland2@eversheds.com

Useful Links

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

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now