2 & 4 Bell Street, 1 & 3 Hart Street Henley-on-Thames Oxfordshire RG9 2BG

2 & 4 Bell Street, 1 & 3 Hart Street
Henley-on-Thames
Oxfordshire
RG9 2BG

Prime Freehold Retail Investment

Let to Monsoon Accessorize Limited
Lease renewal for term of 10.25 years from December 2017 (subject to option)
Tenant in occupation for over 16 years
Rebased rent - previous rent £108,600 p.a.x.
Prime corner location at junction of Bell Street, Hart Street and Market Place
Close to Sainsbury’s Local, Starbucks, JoJo Maman Bébé, Joules, Crew Clothing, Clarks, Boots and Waitrose
First time on the market for over 15 years
Trophy asset in historic tourist regatta town

Lot
13
Auction
5th December 2018
Rent
£105,000 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Prime Freehold Retail Investment

Let to Monsoon Accessorize Limited
Lease renewal for term of 10.25 years from December 2017 (subject to option)
Tenant in occupation for over 16 years
Rebased rent - previous rent £108,600 p.a.x.
Prime corner location at junction of Bell Street, Hart Street and Market Place
Close to Sainsbury’s Local, Starbucks, JoJo Maman Bébé, Joules, Crew Clothing, Clarks, Boots and Waitrose
First time on the market for over 15 years
Trophy asset in historic tourist regatta town

Lot 13
Auction 5th December 2018
Rent £105,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 8 miles north-east of Reading, 23 miles south-east of Oxford
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames Railway Station
Air: Heathrow Airport

Situation

Henley-on-Thames is an attractive and affluent market town located on the banks of the River Thames. The property is situated in a prime trading position fronting Bell Street and Hart Street, in the heart of the town centre. Nearby occupiers include Sainsbury’s Local, Clarks, Joules, Fat Face, JoJo Maman Bébé, Crew Clothing, Boots the Chemist and Starbucks, with Waitrose, Zizzi and Loch Fyne also represented close by in the town. Waitrose car park is located a short walk away with parking for approximately 200 cars.

Tenure

Freehold.

Location

Miles: 8 miles north-east of Reading, 23 miles south-east of Oxford
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames Railway Station
Air: Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with frontage to both Bell Street and Hart Street with ancillary accommodation on the first floor and studio/ancillary accommodation on the second floor. The property benefits from a large courtyard to 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

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 Second	Retail/Ancillary Ancillary Studio/Ancillary	240.93 sq m 134.30 sq m 25.40 sq m	(2,593 sq ft) (1,446 sq ft) (273 sq ft)	MONSOON ACCESSORIZE LIMITED (1)	10 years and three months from 25/12/2017 until 24/03/2028 (2) on a full repairing and insuring lease	£105,000	25/12/2022
Total		400.63 sq m	(4,312 sq ft)			£105,000

(1) For the year ending 26th August 2017, Monsoon Accessorize Limited reported a turnover of £310,904,000, pre-tax losses of £3,097,000 and a total net worth of £13,165,000. Monsoon opened its first store in 1973 and now has more than 1,000 Monsoon Accessorize stores all over the world (Sources: Experian Group and uk.monsoon.co.uk 31/10/2018).
(2) The lease is subject to a tenant option to determine on 24th March 2023.