Nearby occupiers include Boots the Chemist, New Look, Holland & Barrett and Superdrug
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 62
Auction 11th February 2016
Rent £45,000 per Annum Exclusive
Status Sold
Price £335,000
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Joint LPA Receivers Savills
Property Information
Location
Miles
20 miles west of Cardiff, 22 miles south-east of Swansea
Roads
M4 (Junction 36), A48, A473
Rail
Bridgend Railway Station
Air
Cardiff Airport
Situation
The property is situated on the eastern side of pedestrianised Adare Street, the prime pedestrianised retail thoroughfare in Bridgend town centre. The Rhiw Shopping Centre is some 35 metres away and nearby occupiers include Boots the Chemist, New Look, Holland & Barrett and Superdrug.
Tenure
Freehold.
Location
Miles
20 miles west of Cardiff, 22 miles south-east of Swansea
Roads
M4 (Junction 36), A48, A473
Rail
Bridgend Railway Station
Air
Cardiff Airport
Situation
The property is situated on the eastern side of pedestrianised Adare Street, the prime pedestrianised retail thoroughfare in Bridgend town centre. The Rhiw Shopping Centre is some 35 metres away and nearby occupiers include Boots the Chemist, New Look, Holland & Barrett and Superdrug.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first and second floors. The property benefits from rear access off Elder Street.
Note
This property is being marketed for sale on behalf of Joint Law of
Property Act Receivers and therefore no warranties or guarantees in
any respect, including VAT, can be given. The information in these
particulars has been provided by the Joint Law of Property Act
Receivers to the best of their knowledge but the purchaser must
rely solely upon their own enquiries. The Joint Law of Property Act
Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.
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 retail accommodation on the ground floor with ancillary accommodation on the first and second floors. The property benefits from rear access off Elder Street.
Note
This property is being marketed for sale on behalf of Joint Law of
Property Act Receivers and therefore no warranties or guarantees in
any respect, including VAT, can be given. The information in these
particulars has been provided by the Joint Law of Property Act
Receivers to the best of their knowledge but the purchaser must
rely solely upon their own enquiries. The Joint Law of Property Act
Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.
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
Reversion
Ground First Second
Retail Ancillary Ancillary
87.75 sq m 92.90 sq m Not Measured
(945 sq ft) (1,000 sq ft)
THOMAS COOK RETAIL LIMITED (1)
15 years from 25/03/2004 on a full repairing and insuring lease
£45,000
24/03/2019
Totals
180.65 sq m
(1,945 sq ft)
£45,000
1) Thomas Cook is one of the world’s leading leisure travel groups, with sales of over £9 billion and more than 20 million customers, operating from 17 countries. (Source: www.thomascook.com)
