80 High Street Newmarket Suffolk CB8 8JX

80 High Street
Newmarket
Suffolk
CB8 8JX

Prime Freehold Retail Investment

  • Let to WH Smith Retail Holdings Limited until November 2021 (no breaks)
  • Affluent Suffolk market town
  • Prime location close to The Guineas Shopping Centre and close to Boots the Chemist and Tesco Express
  • VAT-Free Investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    16
  • Auction
    12th February 2015
  • Rent
    £90,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
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* More information on the term "guide" can be found here

Prime Freehold Retail Investment

  • Let to WH Smith Retail Holdings Limited until November 2021 (no breaks)
  • Affluent Suffolk market town
  • Prime location close to The Guineas Shopping Centre and close to Boots the Chemist and Tesco Express
  • VAT-Free Investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 16
  • Auction 12th February 2015
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
13 miles east of Cambridge
Roads
A11, A14, M1
Rail
Newmarket Railway Station
Air
Stansted Airport
Situation

Newmarket is an affluent Suffolk market town located 13 miles east of Cambridge. The property is situated in a prime trading position on the northern side of the High Street, Newmarket’s main retailing thoroughfare and a few doors from the Guineas Shopping Centre.
Nearby occupiers include Marks & Spencer, Boots the Chemist, Argos, Tesco Express, Barclays Bank and HSBC.

Tenure

Freehold.

Location
Miles
13 miles east of Cambridge
Roads
A11, A14, M1
Rail
Newmarket Railway Station
Air
Stansted Airport
Situation

Newmarket is an affluent Suffolk market town located 13 miles east of Cambridge. The property is situated in a prime trading position on the northern side of the High Street, Newmarket’s main retailing thoroughfare and a few doors from the Guineas Shopping Centre.
Nearby occupiers include Marks & Spencer, Boots the Chemist, Argos, Tesco Express, Barclays Bank and HSBC.

Tenure

Freehold.

Description

The property comprises ground floor sales accommodation with ancillary accommodation located on the first floor.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

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 ground floor sales accommodation with ancillary accommodation located on the first floor.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

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

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review
Ground
First
Sales/Ancillary
Ancillary
216.18 sq m
136.75 sq m
(2,327 sq ft)
(1,472 sq ft)
WH SMITH RETAIL
HOLDINGS LIMITED
(1)
15 years from 06/11/2006 until 2021 on a full repairing and insuring lease £90,000 06/11/2016
Totals  
352.94 sq m
(3,799 sq ft)
    £90,000

(1) For the year ending 31/08/2013, WH Smith Retail Holdings Limited reported a turnover of £169,180,000, pre-tax profits of £140,968,000 and a total net worth of £466,409,000. (Source: www.riskdisk.com 15/01/2015

Property Documents

  • Catalogue Page
    Updated Date
    21.01.15
    File Size
    620 KB
    View PDF
  • Site Plan
    Updated Date
    21.01.15
    File Size
    106 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
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Druces LLP Salisbury House, London Wall
London
EC2M 5PS
Karen Chapman 0207 216 5591k.chapman@druces.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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