Freehold Retail Investment
Freehold Retail Investment
High Wycombe is an affluent London commuter town and the property occupies a prominent town centre location on the north side of Oxford Street, at its junction with pedestrianised Bull Lane. Nearby occupiers include Primark, Millets, Sports Direct, Vodafone and Clarks.
Freehold.
High Wycombe is an affluent London commuter town and the property occupies a prominent town centre location on the north side of Oxford Street, at its junction with pedestrianised Bull Lane. Nearby occupiers include Primark, Millets, Sports Direct, Vodafone and Clarks.
Freehold.
The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.
VAT is not applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground First |
Retail/Ancillary Ancillary |
83.64 sq m 62.99 sq m |
(900 sq ft) (678 sq ft) |
RAL LIMITED (1) t/a Silvers Amusements |
10 years from 07/06/2016 on a full repairing and insuring lease |
£28,000 | 07/06/2021 (06/06/2026) |
| Totals |
146.63 sq m |
(1,578 sq ft) |
£28,000 | ||||
(1) For the year ending 31st December 2016, RAL Limited reported a turnover of £40,126,217, pre-tax profits of £1,891,568 and a total net worth of £29,596,184 (Source: Experian Group 13/11/2017). RAL Limited is part of Talarius Limited who are a part of The Novomatic Group. The Novomatic Group is one of the largest gaming technology companies in the world, employing over 28,000 people worldwide and reporting a turnover of 2,300,000,000 Euros for 2016 (Sources: Experian Group and www.novomatic.com 03/11/2017).
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