Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
12 miles east of Coventry, 23 miles north-west of Northampton, 35 miles south-east of Birmingham
Roads
M1, M6
Rail
Rugby Rail Station
Air
Coventry Airport, Birmingham International Airport
Situation
The property is prominently situated on the eastern side of the pedestrianised High Street adjacent to Marks & Spencer and Costa Coffee and within close proximity to the Swan Shopping Centre
which houses occupiers such as Tesco, Boots, New Look, Next and TK Maxx. Other nearby occupiers include McDonald’s, Topshop, Monsoon and Santander.
Tenure
Freehold.
Location
Miles
12 miles east of Coventry, 23 miles north-west of Northampton, 35 miles south-east of Birmingham
Roads
M1, M6
Rail
Rugby Rail Station
Air
Coventry Airport, Birmingham International Airport
Situation
The property is prominently situated on the eastern side of the pedestrianised High Street adjacent to Marks & Spencer and Costa Coffee and within close proximity to the Swan Shopping Centre
which houses occupiers such as Tesco, Boots, New Look, Next and TK Maxx. Other nearby occupiers include McDonald’s, Topshop, Monsoon and Santander.
Tenure
Freehold.
Description
The property comprises a fast food restaurant providing retail and ancillary accommodation over ground and first floors.
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 applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a fast food restaurant providing retail and ancillary accommodation over ground and first floors.
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 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
Reviews
Ground First
Retail/Ancillary Retail/Ancillary
167.80 sq m 139.80 sq m
(1,806 sq ft) (1,505 sq ft)
MILLCLIFFE LIMITED (t/a Burger King) GUARANTEED BY CPL FOODS LIMITED
20 years from 17/11/2014 until 16/11/2034 on a full repairing and insuring lease
£65,000 (plus turnover rent of 12% of sales over £650,000)
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