Nearby occupiers include McDonald's, Caffè Nero and Specsavers
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 52
Auction 25th May 2017
Rent £20,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
28 miles north-east of Liverpool, 30 miles north-west of Manchester
Roads
A6, A59, M6, M65
Rail
Preston Railway Station
Air
Blackpool International Airport, Liverpool John Lennon Airport, Manchester International Airport
Situation
The property is situated on the north side of pedestrianised Friargate, close to its junction with Market Street in Preston City Centre. The St George's Shopping Centre is situated 50 metres to the west, whose occupiers include Marks & Spencer, H&M, River Island and New Look. Other nearby occupiers include McDonald's, Caffè Nero and Specsavers.
Tenure
Freehold.
Location
Miles
28 miles north-east of Liverpool, 30 miles north-west of Manchester
Roads
A6, A59, M6, M65
Rail
Preston Railway Station
Air
Blackpool International Airport, Liverpool John Lennon Airport, Manchester International Airport
Situation
The property is situated on the north side of pedestrianised Friargate, close to its junction with Market Street in Preston City Centre. The St George's Shopping Centre is situated 50 metres to the west, whose occupiers include Marks & Spencer, H&M, River Island and New Look. Other nearby occupiers include McDonald's, Caffè Nero and Specsavers.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground and first floors with ancillary accommodation in the basement and on the second floor.
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 retail accommodation on the ground and first floors with ancillary accommodation in the basement and on the second floor.
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
Review/ (Reversion)
Ground Basement First Second
Retail Ancillary Ancillary Ancillary
31.00 sq m 19.20 sq m 31.40 sq m 16.90 sq m
(334 sq ft) (207 sq ft) (338 sq ft) (182 sq ft)
INDIVIDUAL t/a Yo Burrito
10 years from 01/03/2016 on a full repairing and insuring lease (1)
£20,000
01/03/2021 (28/02/2026)
Total
98.50 sq m
(1,060 sq ft)
£20,000
(1) The lease provides for a tenant option to determine the lease on 01/03/2021.
