Nearby occupiers include Costa, Greggs, Superdrug and JD Wetherspoon
Prosperous and attractive Gloucestershire market town
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 57
Auction 23rd March 2016
Rent £50,000 per Annum Exclusive
Status Sold
Price £640,000
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of Receivers CBRE
Property Information
Location
Miles
9 miles south of Gloucester, 32 miles north-east of Bristol
Roads
A417, A419, M5 (Junction 13)
Rail
Stroud Railway Station
Air
Bristol Airport
Situation
The property is situated in a highly prominent position on the northern side of the pedestrianised High Street, close to its junction with Kendrick Street, in an excellent trading location. Nearby occupiers include Costa, Greggs, Superdrug, JD Wetherspoon, Lloyds, NatWest and HSBC bank.
Tenure
Freehold.
Location
Miles
9 miles south of Gloucester, 32 miles north-east of Bristol
Roads
A417, A419, M5 (Junction 13)
Rail
Stroud Railway Station
Air
Bristol Airport
Situation
The property is situated in a highly prominent position on the northern side of the pedestrianised High Street, close to its junction with Kendrick Street, in an excellent trading location. Nearby occupiers include Costa, Greggs, Superdrug, JD Wetherspoon, Lloyds, NatWest and HSBC bank.
Tenure
Freehold.
Description
The property comprises a large ground floor retail unit with staff and storage accommodation arranged on first and second floors.
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 large ground floor retail unit with staff and storage accommodation arranged on first and second floors.
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.
5 years from 29/09/2013 on a full repairing and insuring lease
£50,000
28/09/2018
Totals
699.07 sq m
(7,525 sq ft)
£50,000
(1) For the year ending 31st March 2014, Boots UK Limited reported a turnover of £6,340,000,000, pre-tax profits of £507,000,000 and a total net worth of £456,000,000 (Source: Experian Group 22/02/2016).
