9a North Street Sudbury Suffolk C010 1RB

9a North Street
Sudbury
Suffolk
C010 1RB

Freehold Retail Investment

  • Let to Sportswift Limited until November 2025 (No breaks)
  • 2016 tenant break option was not exercised
  • Recently refurbished shop
  • Nearby occupiers include Iceland, WHSmith, New Look, Sports Direct,
  • Caffè Nero, Iceland and Superdrug
  • Prosperous and Historic market town
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    64
  • Auction
    13th October 2016
  • Rent
    £57,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £900,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Sportswift Limited until November 2025 (No breaks)
  • 2016 tenant break option was not exercised
  • Recently refurbished shop
  • Nearby occupiers include Iceland, WHSmith, New Look, Sports Direct,
  • Caffè Nero, Iceland and Superdrug
  • Prosperous and Historic market town
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 64
  • Auction 13th October 2016
  • Rent
  • Status Sold
  • Price £900,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
13 miles north-west of Colchester, 16 miles south of Bury St Edmunds, 22 miles west of Ipswich
Roads
A131, A134
Rail
Sudbury Railway Station
Air
London Stansted Airport
Situation

The property is situated on the western side of North Street in one of the town's best trading locations. North Street has occupiers including Iceland, WHSmith, New Look, Sports Direct, Poundland and Superdrug. Other nearby occupiers include Co-operative Supermarket, Boots the Chemist, Costa, Ladbrokes and Santander bank. Girling Street car park is located close by with parking for approximately 80 cars.

Tenure

Freehold.

Location
Miles
13 miles north-west of Colchester, 16 miles south of Bury St Edmunds, 22 miles west of Ipswich
Roads
A131, A134
Rail
Sudbury Railway Station
Air
London Stansted Airport
Situation

The property is situated on the western side of North Street in one of the town's best trading locations. North Street has occupiers including Iceland, WHSmith, New Look, Sports Direct, Poundland and Superdrug. Other nearby occupiers include Co-operative Supermarket, Boots the Chemist, Costa, Ladbrokes and Santander bank. Girling Street car park is located close by with parking for approximately 80 cars.

Tenure

Freehold.

Description

The property comprises a ground floor shop with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor shop with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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 Review
Ground
First
Retail/Ancillary
Ancillary
149.85 sq m
90.58 sq m
(1,613 sq ft)
(975 sq ft)
SPORTSWIFT
LIMITED (1) t/a
Card Factory
15 years from 19/11/2010 until
18/11/2025 on a full repairing
and insuring lease
£57,500 19/11/2020
Totals   240.43 sq m (2,588 sq ft)     £57,500  

(1) For the year ending 31st January 2015, Sportswift Limited reported a turnover of £336,676,000, pre-tax profits of £62,320,000 and a total net worth of £58,862,000 (Source: Experian Group 31/08/2016).

Property Documents

  • Catalogue Page
    Updated Date
    13.11.19
    File Size
    510 KB
    View PDF
  • Site Plan
    Updated Date
    13.11.19
    File Size
    88 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Druces LLP Salisbury House, London Wall
London
EC2M 5PS
Karen Chapman 0207 216 5591k.chapman@druces.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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