Town centre location just off pedestrianised Market Place
Nearby occupiers include Wilko, Iceland, Boots and Betfred
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 31
Auction 19th May 2016
Rent £33,250 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Status Withdrawn Post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
4 miles north-west of Nottingham, 9 miles south of Mansfield
Roads
B682, A6002, A610, M1 (Junction 26)
Rail
Bulwell Rail Station
Air
East Midlands Airport
Situation
The property is situated in Bulwell town centre, to the north of the pedestrianised Market Place, close to its junction with Main Street. Nearby occupiers include Wilko, Iceland, Boots, Shoe Zone and Betfred.
Tenure
Freehold.
Location
Miles
4 miles north-west of Nottingham, 9 miles south of Mansfield
Roads
B682, A6002, A610, M1 (Junction 26)
Rail
Bulwell Rail Station
Air
East Midlands Airport
Situation
The property is situated in Bulwell town centre, to the north of the pedestrianised Market Place, close to its junction with Main Street. Nearby occupiers include Wilko, Iceland, Boots, Shoe Zone and Betfred.
Tenure
Freehold.
Description
The property comprises part of an attractive Tudor inspired courtyard retail arcade providing five units over ground and first floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises part of an attractive Tudor inspired courtyard retail arcade providing five units over ground and first floors.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit No.
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
6 & 8
Ground/First
Retail
90.95 sq m
(979 sq ft)
INDIVIDUAL t/a Essence of Beauty
5 years from 24/06/2008
£7,000
(23/06/2013) (1)
9
Ground
Retail
34.28 sq m
(369 sq ft)
INDIVIDUALS t/a Fosters Leathergoods
6 years from 01/05/2005
£7,250
(30/04/2011) (1)
11
Ground
Retail
34.56 sq m
(372 sq ft)
INDIVIDUAL t/a Tudor Pets Boutique
5 years from 21/02/2014 until 29/02/2019
£5,500
21/02/2015 (2)
14, 16 & 18
Ground
Retail
77.85 sq m
(838 sq ft)
INDIVIDUALS t/a The Coffee Shoppe
6 years from 25/12/2008
£13,500
(24/12/2014) (1)
24, 26, 28
First
Office
100.71 sq m
(1,084 sq ft)
VACANT POSSESSION
Totals
338.35 sq m
(3,642 sq ft)
£33,250
(1) The tenant is holding over (2) The 2015 rent review is outstanding. The lease provides an option to determine on 21/02/2017.
