7 High Street
Swadlincote
Derbyshire
DE11 8JE

Freehold Retail Investment

  • Prominent town centre location
  • 2018 fitted out takeaway
  • New 10 year lease from 2018 (1)
  • Nearby occupiers include Bodells Bar,
  • Sir Nigel Gresley public house, Community Centre, Boots, Greggs, Tui and William Hill
  • VAT-free investment
  • Lot
    56
  • Auction
    24/Oct/2019
  • Rent
    £9,950 per Annum Exclusive
  • Status
    Sold
  • Price*
    £134,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • 7 High Street<br>Swadlincote<br>Derbyshire<br>DE11 8JE
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  • Photos
  • Map

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

Property Information

Location
Miles
25 miles north-east of Birmingham
19 miles north-west of Leicester
5 miles south-east of Burton-on-Trent
Roads
A511, A444, A38, M1, A42
Rail
Burton-on-Trent
Air
East Midlands Airport, Birmingham Airport
Situation

Swadlincote is a market town located 5 miles south-east of Burton-on-Trent, 25 miles north-east of Birmingham and
19 miles north-west of Leicester, with a population of some 36,000. The town enjoys good communications, located between the A38, A42 and A511. The A511 provides access to the M1 Motorway 12 miles to the east. East Midlands Airport is 12 miles to the north-east. The property is situated on the northern side of the pedestrianised section of High Street, the town's main retail thoroughfare, at its junction with Belmont Street. Bodells Bar is located on Belmont Street together with a public car park. Nearby occupiers include Greggs (diagonally adjacent), Specsavers, Boots, HSBC, William Hill and Morrisons.

Tenure

Freehold.

Description

The property comprises a ground floor takeaway and kitchen with ancillary staff/storage accommodation at first floor.

VAT

VAT is not applicable to this lot.

EPC

Band E. See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUse
Floor Areas (Approx)
TenantTermRent p.a.xReviews
Ground
First
Leisure
Ancillary
64 sq m
47 sq m
(689 sq ft)
(506 sq ft)
GORWAY
LIMITED t/a Swad Fish Bar (2)
10 years from
31.08.2018 on a full repairing and
insuring lease (1)
£9,9502021, 2024
& 2027 (1)
Total
111 sq m
(1,195 sq ft)
  £9,950 

(1) Tenant's option to determine on 31/08/2021 and 31/08/2024, upon 6 months' written notice.
(2) Website: www.swadfishbar.co.uk

Property Documents

  • Site Plan
    Updated Date
    02.10.19
    File Size
    3 MB
    View PDF
  • Catalogue Page
    Updated Date
    02.10.19
    File Size
    885 KB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Charsley Harrison LLP Windsor House, Victoria Street
Windsor
SL4 1EN
Bartholomew Leach 01753 851 591bl@charsleyharrison.com

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