Entirely let to G.R. and M.M. Blackledge Plc t/a Bodycare on a lease renewal
Rent re-based from £125,000 p.a.x
Tenant in occupation since 1990
Prime pedestrianised retailing position opposite the entrance to The Harpur Shopping Centre
Nearby occupiers include Primark, Topshop/Topman, Marks & Spencer, WH Smith, Boots the Chemist, BHS and New Look
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 45
Auction 23rd March 2016
Rent £82,500 per Annum Exclusive
Status Sold
Price £950,000
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of Receivers CBRE
Property Information
Location
Miles
17 miles north-east of Milton Keynes, 28 miles south-west of Cambridge
Roads
A6, A421, A428, M1
Rail
Bedford Railway Station, Bedford St Johns Railway Station
Air
London Luton Airport
Situation
The property is situated in a prime position on the northern side of the pedestrianised Midland Road, in the heart of the town centre. The property is opposite the entrance to the The Harpur Shopping Centre, which houses occupiers including Primark, Argos, Topshop/Topman, WH Smith and Boots the Chemist. Other nearby occupiers include Marks & Spencer, Tesco Metro, New Look, Bonmarché, BHS, Poundworld and Savers.
Tenure
Freehold.
Location
Miles
17 miles north-east of Milton Keynes, 28 miles south-west of Cambridge
Roads
A6, A421, A428, M1
Rail
Bedford Railway Station, Bedford St Johns Railway Station
Air
London Luton Airport
Situation
The property is situated in a prime position on the northern side of the pedestrianised Midland Road, in the heart of the town centre. The property is opposite the entrance to the The Harpur Shopping Centre, which houses occupiers including Primark, Argos, Topshop/Topman, WH Smith and Boots the Chemist. Other nearby occupiers include Marks & Spencer, Tesco Metro, New Look, Bonmarché, BHS, Poundworld and Savers.
Tenure
Freehold.
Description
The property comprises a well configured ground floor retail unit with ancillary accommodation to the rear. The first floor is not currently accessible. The property benefits from rear access via Allhallows.
Six Week Completion
Note
This property is being 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.
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 well configured ground floor retail unit with ancillary accommodation to the rear. The first floor is not currently accessible. The property benefits from rear access via Allhallows.
Six Week Completion
Note
This property is being 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.
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
294.22 sq m Not Measured
(3,167 sq ft)
G.R. AND M.M. BLACKLEDGE PLC (1) (t/a Bodycare)
5 years from 25/12/2015 on a full repairing and insuring lease
£82,500
24/12/2020
Total Commercial Area
317.00 sq m
(3,412 sq ft)
£82,500
1) For the year ending 31/12/2014, G.R. and M.M. Blackledge Plc reported a turnover of £132,083,249, pre-tax profits of £3,182,616 and a total net worth of £20,981,7017. (Source: Experian Group 25/02/2016)
Contacts
Seller's Solicitors
DLA Piper LLP Princes Exchange, Princes Square Leeds LS1 4BY
