Well located opposite the Artizan Shopping Centre in Dumbarton
Nearby occupiers include New Look, Costa, Greggs, Holland & Barrett and Specsavers
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 119
Auction 13th October 2016
Rent
Status Sold
Price £370,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of KPMG as Joint Liquidators
Property Information
Location
Miles
14 miles north-west of Glasgow, 33 miles south-west of Stirling, 58 west of Edinburgh
Roads
A814, A82, M898
Rail
Dumbarton Central Railway Station (30 minutes to Glasgow Queen Street Station)
Air
Glasgow International Airport
Situation
Dumbarton is a popular commuter town just 14 miles north-west of Glasgow. The property is located on the south side of the High Street directly opposite the Artizan Shopping Centre, which houses retailers including Poundland, Sports Direct, New Look and Specsavers. Other nearby occupiers include Costa, Greggs and Holland & Barrett. The High Street forms part of the main bus route through the town.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Location
Miles
14 miles north-west of Glasgow, 33 miles south-west of Stirling, 58 west of Edinburgh
Roads
A814, A82, M898
Rail
Dumbarton Central Railway Station (30 minutes to Glasgow Queen Street Station)
Air
Glasgow International Airport
Situation
Dumbarton is a popular commuter town just 14 miles north-west of Glasgow. The property is located on the south side of the High Street directly opposite the Artizan Shopping Centre, which houses retailers including Poundland, Sports Direct, New Look and Specsavers. Other nearby occupiers include Costa, Greggs and Holland & Barrett. The High Street forms part of the main bus route through the town.
Tenure
Heritable. (Scottish equivalent of English Freehold).
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Liquidators 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 Liquidators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Liquidators are not bound to accept the highest or any offer and are acting in respect of this sale without personal
liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.
VAT
VAT is not applicable to this lot.
Note
This property is being marketed for sale on behalf of Joint Liquidators 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 Liquidators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Liquidators are not bound to accept the highest or any offer and are acting in respect of this sale without personal
liability.
Completion Period
Six Week Completion
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
Retail/Ancillary Ancillary
259.20 sq m 220.36 sq m
(2,790 sq ft) (2,372 sq ft)
BOOTS UK LIMITED (1)
41 years from 28/04/1980 on a full repairing and insuring lease
£27,000
27/04/2021
Totals
479.56 sq m
(5,162 sq ft)
£27,000
(1) Boots have been trading for 165 years and have 1,100 stores throughout the UK in high street locations. According to Boots, over 90% of the UK population is within 10 minutes of a Boots store. Boots employ over 60,000 people of whom around 6,600 are pharmacists (Source www.boots-uk.com). For the year ending 31st August 2015, Boots UK Limited reported a turnover of £9,198,000,000, pre-tax profits of £542,000,000 and a net worth of £367,000,000. (Source: Experian Group 15/09/2016)