Chemists have been in occupation of this site for over 30 years
Attractive and affluent Devon market town
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 51
Auction 8th December 2016
Rent
Status Sold
Price £290,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
18 miles north-east of Exeter,18 miles south of Taunton
Roads
A30, A35, M5 (Junction 29)
Rail
Honiton Railway Station
Air
Exeter International Airport
Situation
Honiton is an attractive and affluent Devon market town located just off the A30, 18 miles north-east of Exeter. The property is situated in the heart of the town centre on the south side of the
High Street. Nearby occupiers include WH Smith, Costa, Specsavers, Budgens, HSBC and Lloyds Bank.
Tenure
Freehold.
Location
Miles
18 miles north-east of Exeter,18 miles south of Taunton
Roads
A30, A35, M5 (Junction 29)
Rail
Honiton Railway Station
Air
Exeter International Airport
Situation
Honiton is an attractive and affluent Devon market town located just off the A30, 18 miles north-east of Exeter. The property is situated in the heart of the town centre on the south side of the
High Street. Nearby occupiers include WH Smith, Costa, Specsavers, Budgens, HSBC and Lloyds Bank.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit currently used as a pharmacy with a self-contained three bedroom maisonette on the first and second floors, accessed from the High Street. Boots
occupy the adjoining property known as No. 70A High Street which does not form part of the sale. Additionally the property benefits from a rear yard.
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 a ground floor retail unit currently used as a pharmacy with a self-contained three bedroom maisonette on the first and second floors, accessed from the High Street. Boots
occupy the adjoining property known as No. 70A High Street which does not form part of the sale. Additionally the property benefits from a rear yard.
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
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
70B
Ground
Retail/Ancillary
65.03 sq m
(700 sq ft)
BOOTS UK LIMITED (1)
5 years from 29/09/2015
£13,750
28/09/2020
70D
First & Second
Residential
Three bedroom maisonette
INDIVIDUALS
AST - 6 months from 29/03/2014
£6,900
Holding Over
Total Commercial Area
65.03 sq m
(700 sq ft)
£20,650
(1) 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 total net worth of £367,000,000 (Source: Experian Group 08/11/2016).