Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Fixed Joint Charge Receivers
Property Information
Location
Miles
18 miles south-west of Bury St Edmunds, 20 miles south-east of Cambridge, 29 miles north-west of Colchester
Roads
A143, A1307, A1017
Air
Stansted Airport
Situation
The property is situated in the popular market town of Haverhill, on the southern side of the pedestrianised High Street. The property is located in the town’s prime retailing pitch, with a large public car park located to the rear of the property. Other nearby occupiers include Iceland, Clintons, Greggs, William Hill and Barclays.
Tenure
Freehold.
Location
Miles
18 miles south-west of Bury St Edmunds, 20 miles south-east of Cambridge, 29 miles north-west of Colchester
Roads
A143, A1307, A1017
Air
Stansted Airport
Situation
The property is situated in the popular market town of Haverhill, on the southern side of the pedestrianised High Street. The property is located in the town’s prime retailing pitch, with a large public car park located to the rear of the property. Other nearby occupiers include Iceland, Clintons, Greggs, William Hill and Barclays.
Tenure
Freehold.
Description
The property comprises ground floor retail and ancillary accommodation with further ancillary accommodation on the first floor.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act 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 Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Please note that 24 High Street, Haverhill is being offered as Lot 2 in this catalogue.
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 ground floor retail and ancillary accommodation with further ancillary accommodation on the first floor.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act 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 Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Please note that 24 High Street, Haverhill is being offered as Lot 2 in this catalogue.
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 Ancillary
109.2 sq m 34.5 sq m
(1,175 sq ft) (372 sq ft)
TUI UK RETAIL LIMITED (t/a Thomson Travel) (1)
5 years from 16/11/2015 on a full repairing and insuring lease (2)
£25,000
24/12/2019
Totals
143.7 sq m
(1,547 sq ft)
£25,000
(1) TUI UK Retail Limited are a subsidiary of TUI AG. TUI Travel PLC has now merged with TUI AG to become TUI Group. TUI Group is the world’s number one tourism business with 1,800 travel agencies, six airliners, over 300 hotels and 13 cruise liners. In 2013/14 financial year the TUI Group recorded a turnover of €18.7 bn and an operating result of €869m. (Source: www.tuigroup.com 11/11/2015) (2) The lease provides an option to determine on 16th November 2018.
Contacts
Seller's Solicitors
Eversheds LLP 70 Great Bridgewater Street Manchester M1 5ES
