Freehold Retail Investment
Freehold Retail Investment
The property is situated in a prime town centre location on the pedestrianised High Street, close to its junction with Broad Street. Nearby occupiers include Robert Dyas, Stead & Simpson, Barclays
Bank, Caffe Nero and Mothercare.
Freehold.
The property is situated in a prime town centre location on the pedestrianised High Street, close to its junction with Broad Street. Nearby occupiers include Robert Dyas, Stead & Simpson, Barclays
Bank, Caffe Nero and Mothercare.
Freehold.
The property comprises a three storey building with retail and ancillary ground floor accommodation and storage accommodation over first and second floors.
Six Week Completion
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a three storey building with retail and ancillary ground floor accommodation and storage accommodation over first and second floors.
Six Week Completion
VAT is applicable to this lot.
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 | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground First Second |
Retail/Ancillary Storage Storage |
206.80 sq m 32.33 sq m 28.99 sq m |
(2,226 sq ft) (348 sq ft) (312 sq ft) |
THE WORKS STORES LIMITED (1) |
15 years from 03/01/2003 on a full repairing and insuring lease |
£52,500 | 02/01/2018 |
| Totals | 268.12 sq m |
(2,886 sq ft) |
£52,500 | ||||
(1) For the year ending 28th April 2013, The Works Stores Limited reported a turnover of £122,781,000, pre-tax profits of £2,669,000 and a total net worth of £5,729,000. (Source: www.riskdisk.com 28/08/2014).
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