60 - 66 East Street Bedminster Bristol BS3 4HD

60 - 66 East Street
Bedminster
Bristol
BS3 4HD

Freehold Retail Investment

Entirely let to Argos Limited
Approximately 876.00 sq m (9,430 sq ft) with a site area of 0.18 hectares (0.44 acres)
Substantial car park to rear
Redevelopment potential (subject to lease and consents)
Nearby occupiers include Superdrug, Boots the Chemist, Poundland, EE, Greggs, Subway and Poundstretcher
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
41
Auction
11th February 2016
Rent
£53,000 per Annum Exclusive
Status
Sold
Price
£600,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Receivers CBRE

Important Update Interested?

Expand
Photos
Map

Freehold Retail Investment

Entirely let to Argos Limited
Approximately 876.00 sq m (9,430 sq ft) with a site area of 0.18 hectares (0.44 acres)
Substantial car park to rear
Redevelopment potential (subject to lease and consents)
Nearby occupiers include Superdrug, Boots the Chemist, Poundland, EE, Greggs, Subway and Poundstretcher
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 41
Auction 11th February 2016
Rent £53,000 per Annum Exclusive
Status Sold
Price £600,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Receivers CBRE

Property Information

Location

Miles: 1 mile south of Bristol City Centre, 13 miles north-west of Bath, 50 miles east of Cardiff
Roads: A38, A3029, M32 (Junction 3
Rail: Bedminster Railway Station
Air: Bristol International Airport

Situation

The property is prominently situated on the north side of pedestrianised East Street in the heart of Bedminster, a Bristol suburb 1 mile south of the City Centre. Nearby occupiers include Superdrug, Boots the Chemist, Poundland, EE, Greggs, Subway and Poundstretcher.

Tenure

Freehold.

Location

Miles: 1 mile south of Bristol City Centre, 13 miles north-west of Bath, 50 miles east of Cardiff
Roads: A38, A3029, M32 (Junction 3
Rail: Bedminster Railway Station
Air: Bristol International Airport

Situation

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with office and ancillary accommodation on the first floor. The property benefits from a car park to the rear for approximately 30 cars and a site area of 0.18 hectares (0.44 acres).

Six Week Completion

Note
This property is beng marketed for sale on behalf of 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 Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The 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

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 Office/Ancillary	648.80 sq m 227.20 sq m	(6,984 sq ft) (2,446 sq ft)	ARGOS LIMITED (1)	5 years from 15/04/2015 on a full repairing and insuring lease	£53,000	14/04/2020
Totals		876.00 sq m	(9,430 sq ft)			£53,000

(1) For the year ending 28th February 2015 Argos Limited reported a turnover of £3,919,176,000, pre-tax profits of £97,146,000 and a total net worth of £1,202,554,000. (Source: Experian Group 06/01/2016)