Close to the Blackberry Hill Hospital and University of the West of England Glenside Campus
Nearby occupiers include Sainsbury’s, Lloyds Pharmacy and Barclays Bank
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 69
Auction 8th December 2016
Rent £40,000 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Status Withdrawn Post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
3.5 miles north east of Bristol City Centre, 13 miles north-west of Bath, 41 miles east of Cardiff
Roads
M4, M32
Rail
Bristol Parkway Railway Station
Air
Bristol Airport
Situation
The property is situated on the busy Fishponds Road (A42), within a popular residential suburb, some 3.5 miles north east of Bristol City Centre. The Blackberry Hill Hospital and University of the West of England Glenside Campus is close by. Neighbouring occupiers include Sainsbury’s, Lloyds Pharmacy and Barclays and Natwest banks.
Tenure
Freehold.
Location
Miles
3.5 miles north east of Bristol City Centre, 13 miles north-west of Bath, 41 miles east of Cardiff
Roads
M4, M32
Rail
Bristol Parkway Railway Station
Air
Bristol Airport
Situation
The property is situated on the busy Fishponds Road (A42), within a popular residential suburb, some 3.5 miles north east of Bristol City Centre. The Blackberry Hill Hospital and University of the West of England Glenside Campus is close by. Neighbouring occupiers include Sainsbury’s, Lloyds Pharmacy and Barclays and Natwest banks.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with ancillary accommodation in the basement and on part of the first floor. There is further self-contained accommodation on the first floor which is let on a long lease.
VAT
VAT is applicable to this lot.
Note
The purchaser will pay to the seller 3.5% of the purchase price plus VAT towards the Vendor's costs.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with ancillary accommodation in the basement and on part of the first floor. There is further self-contained accommodation on the first floor which is let on a long lease.
VAT
VAT is applicable to this lot.
Note
The purchaser will pay to the seller 3.5% of the purchase price plus VAT towards the Vendor's costs.
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 Basement First
Retail Ancillary Ancillary
336.00 sq m 343.40 sq m 33.50 sq m
3,617 sq ft 3,696 sq ft 361 sq ft
SUPERDRUG STORES PLC
10 years from 25/03/2011 on a full repairing & insuring lease
£40,000
24/03/2021
First
Self-Contained Accommodation
Not Applicable
999 years from Completion
Peppercorn
Approx. retail/ancillary floor areas
712.90 sq m
7,674 sq ft
£40,000
(1) For the year ending 26th December 2015, Superdrug Stores Plc reported a turnover of £1,105,002,000, pre-tax profits of £56,842,000 and a total net worth of £50,149,000. (Source: www.riskdisk.com 08/11/2016).
