Directly opposite the entrance to Cornmill Shopping Centre with occupiers including Primark, Topshop, JD Sports, Dorothy Perkins, Burger King and Costa Coffee
Other neighbouring occupiers include Poundland, Greggs, Barclays, Santander, NatWest and Boots Chemist
Lot 78
Auction 5th December 2018
Rent £27,500 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Directly opposite the entrance to Cornmill Shopping Centre with occupiers including Primark, Topshop, JD Sports, Dorothy Perkins, Burger King and Costa Coffee
Other neighbouring occupiers include Poundland, Greggs, Barclays, Santander, NatWest and Boots Chemist
Lot 78
Auction 5th December 2018
Rent £27,500 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
14 miles west of Middlesbrough
18 miles south of Durham
37 miles south of Newcastle
Roads
A68, A167, A66, A1(M)
Rail
Darlington Railway Station
Air
Durham Tees Valley Airport
Situation
The property is prominently located in the heart of the town centre, on the west side of High Row, directly opposite the entrance to Cornmill Shopping Centre where occupiers include Primark, Topshop, JD Sports, Dorothy Perkins, Burger King and Costa Coffee. Other neighbouring occupiers include Poundland, Greggs, Barclays, Santander, NatWest and Boots Chemist.
Tenure
Freehold.
Location
Miles
14 miles west of Middlesbrough
18 miles south of Durham
37 miles south of Newcastle
Roads
A68, A167, A66, A1(M)
Rail
Darlington Railway Station
Air
Durham Tees Valley Airport
Situation
The property is prominently located in the heart of the town centre, on the west side of High Row, directly opposite the entrance to Cornmill Shopping Centre where occupiers include Primark, Topshop, JD Sports, Dorothy Perkins, Burger King and Costa Coffee. Other neighbouring occupiers include Poundland, Greggs, Barclays, Santander, NatWest and Boots Chemist.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation and ancillary accommodation on the two upper floors.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D. See legal pack at acuitus.co.uk.
Description
The property comprises ground floor retail accommodation and ancillary accommodation on the two upper floors.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D. See legal pack at acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First Second
Retail Ancillary Ancillary
54.35 sq m 44.96 sq m 38.46 sq m
(585 sq ft) (484 sq ft) (414 sq ft)
OPTICAL EXPRESS LIMITED (1)
10 years from 01/01/2013 on a full repairing and insuring lease (2)
£27,500
31/12/2022
Totals
137.77 sq m
(1,483 sq ft)
£27,500
(1) Optical Express was established in 1991 and currently operates from over 100 clinics across the UK (www.opticalexpress.co.uk). (2) The lease is subject to a schedule of condition.
