37 - 39 Bath Street Ilkeston Derbyshire DE7 8AH

37 - 39 Bath Street
Ilkeston
Derbyshire
DE7 8AH

Freehold Retail Investment

  • Let to Burton/Dorothy Perkins Properties Ltd on a new 5 year lease guaranteed by Redcastle Limited
  • Prominent position in pedestrianised retail district
  • Located opposite to the Albion Shopping Centre
  • Nearby occupiers include NatWest, Greggs, Holland & Barrett and Boots
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    65
  • Auction
    22nd October 2015
  • Rent
    £30,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £360,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Joint Fixed Charge Receivers
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Burton/Dorothy Perkins Properties Ltd on a new 5 year lease guaranteed by Redcastle Limited
  • Prominent position in pedestrianised retail district
  • Located opposite to the Albion Shopping Centre
  • Nearby occupiers include NatWest, Greggs, Holland & Barrett and Boots
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 65
  • Auction 22nd October 2015
  • Rent
  • Status Sold
  • Price £360,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Joint Fixed Charge Receivers

Property Information

Location
Miles
7 miles west of Nottingham, 29 miles north of Leicester, 50 miles north-east of Birmingham
Roads
A610, A52, M1
Rail
Ilkeston Railway Station
Air
Birmingham Airport
Situation

The property is situated in a prime pitch on the southern side of the pedestrianised High Street, in Ilkeston town centre. The Albion Shopping Centre lies directly opposite and houses retailers such as Superdrug, Costa Coffee, B&M Bargains and Savers. Other nearby occupiers include NatWest, Greggs, Holland & Barrett and Boots.

Tenure

Freehold.

Location
Miles
7 miles west of Nottingham, 29 miles north of Leicester, 50 miles north-east of Birmingham
Roads
A610, A52, M1
Rail
Ilkeston Railway Station
Air
Birmingham Airport
Situation

The property is situated in a prime pitch on the southern side of the pedestrianised High Street, in Ilkeston town centre. The Albion Shopping Centre lies directly opposite and houses retailers such as Superdrug, Costa Coffee, B&M Bargains and Savers. Other nearby occupiers include NatWest, Greggs, Holland & Barrett and Boots.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with first floor ancillary accommodation.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Fixed Charge Receivers 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 Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability

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 ground floor retail unit with first floor ancillary accommodation.

Six Week Completion

Note
This property is being marketed for sale on behalf of Joint Fixed Charge Receivers 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 Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability

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 Reversion
Ground
First
Retail
Ancillary
200.11 sq m
130.20 sq m
(2,135 sq ft)
(1,401 sq ft))
BURTON/DOROTHY PERKINS
PROPERTIES LIMITED (1)
GUARANTEED BY REDCASTLE
LIMITED
5 years from 23/06/2015
on a full repairing and
insuring lease (2)
£30,000 22/06/2020
Totals
330.13 sq m
(3,536 sq ft)
    £30,000

(1) Dorothy Perkins is one of the biggest UK fashion retailers with around 600 UK stores and 124 international outlets. (Source: www.dorothyperkins.com 16/09/2015)
(2)The lease provides a tenant’s option to determine on 23/06/2018.

Property Documents

  • Catalogue Page
    Updated Date
    30.09.15
    File Size
    828 KB
    View PDF
  • Site Plan
    Updated Date
    30.09.15
    File Size
    66 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Eversheds LLP 70 Great Bridgewater Street
Manchester
M1 5ES
Jayne Speers 0845 497 8717jaynespeers@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now