Units 1 & 2, 14 St Richards Road Four Pools Industrial Estate Evesham Worcestershire WR11 1XJ

Units 1 & 2, 14 St Richards Road
Four Pools Industrial Estate
Evesham
Worcestershire
WR11 1XJ

Freehold Retail Warehouse Investment

  • 75% income from Howden Joinery Properties Limited (with guarantee from Howden Joinery Limited) until 2021 (no breaks)
  • Located within well established industrial estate
  • Approximate site area of 0.17 hectares (0.42 acres)
  • Lot
    30
  • Auction
    11th December 2014
  • Rent
    £54,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £535,000
  • Sector
    Retail Warehouse
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
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* More information on the term "guide" can be found here

Freehold Retail Warehouse Investment

  • 75% income from Howden Joinery Properties Limited (with guarantee from Howden Joinery Limited) until 2021 (no breaks)
  • Located within well established industrial estate
  • Approximate site area of 0.17 hectares (0.42 acres)
  • Lot 30
  • Auction 11th December 2014
  • Rent
  • Status Sold
  • Price £535,000
  • Sector
    Retail Warehouse
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
16 miles north of Cheltenham, 20 miles south-east of Worcester, 34 miles west of Banbury, 46 miles north-west of Oxford
Roads
A4184, A46, A44, M5 (Junction 9)
Rail
Evesham Railway Station
Air
Birmingham International Airport
Situation

The property is situated south of Evesham town centre within Four Pools Industrial Estate close to Evesham Trade Centre and Four Pools Retail Park. Four Pools is Evesham’s prime trade/retail area occupied by a wide range of businesses and anchored by Morrisons, Halfords and B & Q.

Tenure

Freehold.

Location
Miles
16 miles north of Cheltenham, 20 miles south-east of Worcester, 34 miles west of Banbury, 46 miles north-west of Oxford
Roads
A4184, A46, A44, M5 (Junction 9)
Rail
Evesham Railway Station
Air
Birmingham International Airport
Situation

The property is situated south of Evesham town centre within Four Pools Industrial Estate close to Evesham Trade Centre and Four Pools Retail Park. Four Pools is Evesham’s prime trade/retail area occupied by a wide range of businesses and anchored by Morrisons, Halfords and B & Q.

Tenure

Freehold.

Description

The property comprises two ground floor retail warehouse units and benefits from three roller shutter doors and car parking on a site of approximately 0.17 hectares (0.42 acres).

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 two ground floor retail warehouse units and benefits from three roller shutter doors and car parking on a site of approximately 0.17 hectares (0.42 acres).

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

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
1 Ground Retail
Warehouse/Ancillary
621.78 sq m
(6,693 sq ft)
HOWDEN JOINERY PROPERTIES LIMITED (1) with guarantee from Howden Joinery Limited (2) 20 years from 11/06/2001 until 10/06/2021 £40,000 11/06/2016
2 Ground Retail
Warehouse/Ancillary
285.85 sq m
(3,077 sq ft)
EVESHAM TRADE CENTRE LIMITED with guarantee from GM Roofing (Evesham) Limited (3) 4 years from 17/06/2011 until 16/06/2015 (4) £14,000 17/06/2014
Totals
907.63 sq m
(9,770 sq ft)
    £54,000

(1) For the year ending 28th December 2013, Howden Joinery Properties Limited reported a turnover of £36,248,000, pre-tax profits of £721,000 and a total net worth of £1,355,000. (Source: www.riskdisk.com 10/11/2014)
(2)For the year ending 28th December 2013, Howden Joinery Limited reported a turnover of £943,835,000, pre-tax profits of £148,541,000 and a total net worth of £408,536,000. (Source: www.riskdisk.com 12/11/2014)
(3)With over 25 years’ experience, GM Roofing specialise in every aspect of roof repair and roof maintenance (Source: www.gmroofingservices.co.uk 12/11/2014)
(4)The lease of Unit 2 provides a rolling tenant option to determine subject to three months’ notice.

Property Documents

  • Site Plan
    Updated Date
    18.11.14
    File Size
    36 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    632 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

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
Harold Benjamin Solicitors Hill House, 67-71 Lowlands Road
Harrow
Middlesex
HA1 3EQ
020 8864 7530
Varsha Sood 020 8872 3028varsha.sood@haroldbenjamin.com

Useful Links

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

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