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    Withdrawn Prior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
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
  • Photos
  • Map

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

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
  • Status Withdrawn Prior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

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.

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

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.

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.

Property Documents

  • Site Plan
    Updated Date
    13.11.18
    File Size
    3 MB
    View PDF
  • Catalogue Page
    Updated Date
    13.11.18
    File Size
    1 MB
    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
Harold Benjamin Solicitors Hill House, 67-71 Lowlands Road
Harrow
Middlesex
HA1 3EQ
020 8864 7530
Varsha Sood 020 8872 3028varsha.sood@haroldbenjamin.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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