Neighbouring occupiers include Boots the Chemist, Waterstones, Specsavers and Nationwide
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 44
Auction 8th December 2016
Rent £70,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
42 miles south of Bristol, 25 miles east of Taunton, 41 miles north-east of Exeter
Roads
A30, A303, M5 (Junction 25)
Rail
Yeovil Junction (Direct to London Waterloo)
Air
Bristol Airport
Situation
The property is situated in a prominent position on the south side of pedestrianised Middle Street in the heart of the town centre and some 50 metres south of the Quedam Shopping Centre whose occupiers include River Island, New Look, Laura Ashley and M&S. Other neighbouring occupiers include Boots the Chemist, Waterstones, Specsavers and Nationwide.
Tenure
Freehold.
Location
Miles
42 miles south of Bristol, 25 miles east of Taunton, 41 miles north-east of Exeter
Roads
A30, A303, M5 (Junction 25)
Rail
Yeovil Junction (Direct to London Waterloo)
Air
Bristol Airport
Situation
The property is situated in a prominent position on the south side of pedestrianised Middle Street in the heart of the town centre and some 50 metres south of the Quedam Shopping Centre whose occupiers include River Island, New Look, Laura Ashley and M&S. Other neighbouring occupiers include Boots the Chemist, Waterstones, Specsavers and Nationwide.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first floor.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first floor.
VAT
VAT is applicable to this lot.
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.
Reviews/(Reversion)
Ground First
Retail Ancillary
186.50 sq m 50.70 sq m
(2,008 sq ft) (546 sq ft)
EDINBURGH WOOLLEN MILL LIMITED (THE) (1)
15 years from 30/09/2006 on a full repairing & insuring lease
£70,000
29/09/2016 (29/09/2021)
Total
237.20 sq m
(2,553 sq ft)
£70,000
(1) For the year ending 1st March 2014, Edinburgh Woollen Mill Limited (The) reported a turnover of £168,462,000, pre-tax profits of £26,219,000 and a total net worth of £105,227,000. (Source: www.riskdisk.com 27/10/2016).
