Let to Superdrug Store Plc (t/a Savers Health & Beauty) until 2020 (subject to option)
Prominent position on High Street
Nearby occupiers include Boots, Thomas Cook and William Hill
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 56
Auction 8th December 2016
Rent £9,000 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of a Major Fund Manager
Property Information
Location
Miles
16 miles south east of Dumfries, 18 miles north west of Carlisle
Roads
B721, A75, A74 (M) (Juction 22)
Rail
Annan Rail
Air
Carlisle Airport
Situation
Annan is a popular town in south west Scotland 8.5 miles from the English border. The property is situated on the northern side of the High Street which is home to occupiers including Boots, Thomas Cook and William Hill.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
16 miles south east of Dumfries, 18 miles north west of Carlisle
Roads
B721, A75, A74 (M) (Juction 22)
Rail
Annan Rail
Air
Carlisle Airport
Situation
Annan is a popular town in south west Scotland 8.5 miles from the English border. The property is situated on the northern side of the High Street which is home to occupiers including Boots, Thomas Cook and William Hill.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor retail unit which forms part of a larger building.
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 retail unit which forms part of a larger building.
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.
Reversion
Ground
Retail
256.78 sq m
(2,764 sq ft)
SUPERDRUG STORES PLC (1) (t/a Savers Health & Beauty)
5 years from 09/10/2015 (3)
£9,000
10/10/2020
Total
256.78 sq m
(2,764 sq ft)
£9,000
(1) For the year ending 26 Dec 2015, Superdrug Stores Plc reported a turnover of £1,105,002,000, pre-tax profits of £56,842,000 and a total net worth of £50,149,000. (Source: Experian Group 09/11/2016) (2) Savers currently have 300 stores trading throughout England, Wales, Scotland and Northern Ireland with over 3,000 colleagues working for the company. Savers and Superdrug are part of the A.S. Watson group which is the largest international health and beauty retailer in Asia and Europe with over 12,800 stores in 25 markets. (Source: www.aswatson.com 09/11/2016) (3) The lease provides an option to determine on 10/10/2018.