Entirely let to GR and MM Blackledge Plc t/a Bodycare
Tenant in occupation since 2001
Prime pedestrianised retailing position in popular commuter town, opposite the entrance to The Harpur Shopping Centre
Nearby occupiers include Primark, Topshop/ Topman, Marks & Spencer, WH Smith, Boots the Chemist and Next, with Days department store due to open next door shortly
Lot 49
Auction 24th May 2018
Rent £82,500 per Annum Exclusive
Status Sold
Price £871,000
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Entirely let to GR and MM Blackledge Plc t/a Bodycare
Tenant in occupation since 2001
Prime pedestrianised retailing position in popular commuter town, opposite the entrance to The Harpur Shopping Centre
Nearby occupiers include Primark, Topshop/ Topman, Marks & Spencer, WH Smith, Boots the Chemist and Next, with Days department store due to open next door shortly
Lot 49
Auction 24th May 2018
Rent £82,500 per Annum Exclusive
Status Sold
Price £871,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
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
Bedford is a popular commuter town with a population of some 80,000. 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 directly opposite the Midland Road 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 and Next.
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
Bedford is a popular commuter town with a population of some 80,000. 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 directly opposite the Midland Road 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 and Next.
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.
VAT
VAT is applicable to this lot.
Completion Period
Eight week completion
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.
VAT
VAT is applicable to this lot.
Completion Period
Eight 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 First
Retail/Ancillary
297.20 sq m Not Measured
(3,005 sq ft) Not Measured
GR AND MM 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 Ground Floor
297.20 sq m
(3,005 sq ft)
£82,500
(1) For the year ending 31/12/2016, GR and MM Blackledge Plc reported a turnover of £134,068,588, pre-tax profits of £4,021,439 and a total net worth of £27,688,021 (Source: Experian Group 27/04/2018). Founded in 1970, Bodycare trades from 130 stores with more than 1,500 employees (Source: www.bodycareplus.com 27/04/2018).
Contacts
Seller's Solicitors
Shepherd and Wedderburn LLP Condor House, 10 St. Paul's Churchyard London EC4M 8AL
