30 / 30a Bell Street Henley Oxfordshire RG9 2BA

30 / 30a Bell Street
Henley
Oxfordshire
RG9 2BA

Prime Freehold Retail Investment

Let to Fat Face Limited on a recently renewed lease
Prime location on Bell Street, close to Waitrose and the main town centre car park
Potential to convert upper parts to residential (subject to lease and consents)
Highly affluent and historic Thames Valley market town
Nearby occupiers include Waitrose, Sainsbury's Local, Joules, JoJo Maman Bébé, White Stuff, Crew Clothing, Boots the Chemist, Starbucks, Zizzi and Loch Fyne
In the same ownership for approximately 15 years

Lot
5
Auction
23rd May 2019
Rent
£50,000 per Annum Exclusive
Status
Sold
Price
£820,000
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN

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Prime Freehold Retail Investment

Let to Fat Face Limited on a recently renewed lease
Prime location on Bell Street, close to Waitrose and the main town centre car park
Potential to convert upper parts to residential (subject to lease and consents)
Highly affluent and historic Thames Valley market town
Nearby occupiers include Waitrose, Sainsbury's Local, Joules, JoJo Maman Bébé, White Stuff, Crew Clothing, Boots the Chemist, Starbucks, Zizzi and Loch Fyne
In the same ownership for approximately 15 years

Lot 5
Auction 23rd May 2019
Rent £50,000 per Annum Exclusive
Status Sold
Price £820,000
Sector
High Street Retail
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN

Property Information

Location

Miles: 15 miles north-west of Windsor; 23 miles south-east of Oxford
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames
Air: London Heathrow

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 on the eastern side of Bell Street, in the heart of the town centre. Nearby occupiers include Waitrose, Sainsbury's Local, Joules, JoJo Maman Bébé, Crew Clothing, Boots the Chemist, Starbucks, Zizzi and Loch Fyne. Waitrose car park is located a short walk away with parking for approximately 200 cars in one of Henley's main town centre car parks.

Tenure

Freehold.

Location

Miles: 15 miles north-west of Windsor; 23 miles south-east of Oxford
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames
Air: London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with ancillary accommodation on the first and second floors. The property also benefits from a garden at the rear of the property.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion Available

EPC

Band C. See legal pack at acuitus.co.uk

Description

The property comprises a ground floor shop with ancillary accommodation on the first and second floors. The property also benefits from a garden at the rear of the property.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion Available

EPC

Band C. See legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x
Ground Basement First Second	Retail Ancillary Ancillary Ancillary	107.14 sq m 15.61 sq m 39.60 sq m 44.11 sq m	(1,153 sq ft) (168 sq ft) (426 sq ft) (475 sq ft)	FAT FACE LIMITED (1)	A term of years from 29/03/2019 and ending on 31/01/2020 on full repairing and insuring terms (2)	£50,000
Total		206.46 sq m	(2,222 sq ft)			£50,000

(1) For the year ending 2nd June 2018, Fat Face Limited reported a turnover of £224,695,000, pre-tax profits of £22,458,000 and a total net worth of £153,234,000 (Source: Experian Group 09/04/2019). Fat Face opened its first store in 1992 and now operates from over 200 stores across the UK and Ireland (Source: www.fatface.com 09/04/2018).
(2) The lease is drawn outside the provisions of the Landlord & Tenant Act 1954. The current lease was a renewal of a 5 year lease from 24th June 2012 at a previous rent of £50,000 per annum exclusive.