Blockbuster Store Hutton Moor, Herluin Way Weston-Super-Mare Somerset BS23 3WL

Blockbuster Store
Hutton Moor, Herluin Way
Weston-Super-Mare
Somerset
BS23 3WL

Modern Freehold Retail Investment

Prominent unit facing Western Circus Roundabout
Immediately adjacent to McDonald's Drive-Thru and Pizza Hut
Adjoining Weston and Gallagher Retail Parks
Let to Blockbuster Entertainment Ltd until 2019

Lot
11
Auction
27th May 2010
Rent
£83,350 per Annum
Status
Sold
Price
£975,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Modern Freehold Retail Investment

Prominent unit facing Western Circus Roundabout
Immediately adjacent to McDonald's Drive-Thru and Pizza Hut
Adjoining Weston and Gallagher Retail Parks
Let to Blockbuster Entertainment Ltd until 2019

Lot 11
Auction 27th May 2010
Rent £83,350 per Annum
Status Sold
Price £975,000
Sector
Leisure
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Estimated District Population: 82,900
Miles: ?1 mile Weston-Super-Mare town centre; 17 miles south-west of Bristol; 23 miles north-west of Taunton
Roads: ?A370, J21 M5
Rail: ?London Paddington
Air: Bristol

Situation

Prominently situated facing Western Circus roundabout occupying a slightly elevated position adjoining a McDonald's Drive-Thru and Pizza Hut. Facing and adjacent occupiers include a 47,000 sq ft Asda Supermarket, Next, PC World, Currys, Staples, Wickes, Dunelm, Comet, Carpetright and Halfords on the Weston and Gallagher Retail Parks. Junction 21 of M5 motorway is approximately 3 miles to the east.

Tenure

Freehold.

Location

Estimated District Population: 82,900
Miles: ?1 mile Weston-Super-Mare town centre; 17 miles south-west of Bristol; 23 miles north-west of Taunton
Roads: ?A370, J21 M5
Rail: ?London Paddington
Air: Bristol

Situation

Tenure

Freehold.

Description

The property comprises a modern single storey purpose built retail unit constructed in 1994. The site has an area of approximately 0.27 hectares (0.676 acres) and incorporates a customer car park for approximately 40 vehicles. VATVAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas		Tenant	Term	Rent p.a.x	Review
Ground	Retail	559.1 sq m	(6,018 sq ft)	BLOCKBUSTER ENTERTAINMENT LTD	25 years from 24/06/1994 until 2019	£83,350	2014
Total Floor Area (Approx)		559.1 sq.m	(6,018 sq ft)			£83,350

(1) For the year ending 4th January 2009 Blockbuster Entertainment Limited reported a turnover of ?293,376,000, pre-tax profits of ?3,008,000 and a net worth of ?48,848,000.