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.
Contacts
Seller's Solicitors
Eversheds LLP 70 Great Bridgewater Street Manchester M1 5ES
