Nearby occupiers include Clarks, Monsoon, WH Smith Starbucks and Boots
Lot 64
Auction 18th October 2018
Rent £70,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
8 miles south-east of Bath, 14 miles south-east of Chippenham, 25 miles south-east of Bristol
Roads
A36, A350, A361
Rail
Trowbridge Railway Station
Air
Bristol Airport
Situation
Trowbridge is an attractive town set in the Wiltshire countryside that benefits from direct transport links to London, Bath and Bristol. The property occupies a prominent position on the pedestrianised Fore Street, at its junction with Market Street and the Castle Place Shoppin Centre. Nearby occupiers include Clarks, Monsoon, WH Smith Starbucks and Boots.
Tenure
Freehold.
Location
Miles
8 miles south-east of Bath, 14 miles south-east of Chippenham, 25 miles south-east of Bristol
Roads
A36, A350, A361
Rail
Trowbridge Railway Station
Air
Bristol Airport
Situation
Trowbridge is an attractive town set in the Wiltshire countryside that benefits from direct transport links to London, Bath and Bristol. The property occupies a prominent position on the pedestrianised Fore Street, at its junction with Market Street and the Castle Place Shoppin Centre. Nearby occupiers include Clarks, Monsoon, WH Smith Starbucks and Boots.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with first floor ancillary accommodation. The property benefits from frontage onto Fore Street, as well as a customer entrance and servicing from Market Street at the rear.
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 with first floor ancillary accommodation. The property benefits from frontage onto Fore Street, as well as a customer entrance and servicing from Market Street at the rear.
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/(Reversion)
Ground First
Retail Ancillary
396.04 sq m 247.77 sq m
(4,263 sq ft) (2,667 sq ft)
LLOYDS PHARMACY LIMITED (1)
10 years from 30/10/2011 until 29/10/2021
£70,000
30/09/2016 (2) (29/10/2021)
Total
643.81 sq m
(6,930 sq ft)
£70,000
(1) Lloyds Pharmacy is a leading community pharmacy and healthcare provider with over 1,500 pharmacies across the UK (Source: www.lloydspharmacy.com 16/08/2018). The tenant is not in occupation of the unit. (2) The 2016 rent review is currently outstanding.