Nearby occupiers include Debenhams, Primark, Pizza Hut and Ladbrokes
Lot 15
Auction 23rd October 2014
Rent £167,500 per Annum Exclusive
Status Sold
Price £1,500,000
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of BNP Paribas Real Estate
Property Information
Location
Miles
26 miles north of Leicester, 38 miles south of Sheffield, 50 miles north-east of Birmingham
Roads
A610, A6008, A6200
Rail
Nottingham Railway Station
Air
Nottingham Airport
Situation
The property is well situated within the city centre on the pedestrianised Long
Row, opposite the Old Market Square. Nearby occupiers include Debenhams,
Pizza Hut, Primark and Ladbrokes.
Tenure
Freehold.
Location
Miles
26 miles north of Leicester, 38 miles south of Sheffield, 50 miles north-east of Birmingham
Roads
A610, A6008, A6200
Rail
Nottingham Railway Station
Air
Nottingham Airport
Situation
The property is well situated within the city centre on the pedestrianised Long
Row, opposite the Old Market Square. Nearby occupiers include Debenhams,
Pizza Hut, Primark and Ladbrokes.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with basement storage and self-contained office accommodation on the first, second and third floors, accessed from Long Row.
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 retail unit with basement storage and self-contained office accommodation on the first, second and third floors, accessed from Long Row.
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
Reversion
Ground Basement First Second Third
Retail Ancillary Office Office Office
231.20 sq m 252.60 sq m 243.90 sq m 100.30 sq m 78.60 sq m
(1) For the year ending 2nd February 2013, Schuh Limited reported a turnover of £232,986,000, pre-tax profits of £25,634,000 and a total net worth of £77,358,000. (Source: www.riskdisk.com 18/09/2014) (2)The first floor office accommodation has been sublet to Manpower plc.
