Topps Tiles Avery Way, Tamar View Industrial Estate Saltash Cornwall PL12 6LD

  • Topps Tiles<br>Avery Way, Tamar View Industrial Estate<br>Saltash<br>Cornwall<br>PL12 6LD

Topps Tiles
Avery Way, Tamar View Industrial Estate
Saltash
Cornwall
PL12 6LD

Freehold Retail Warehouse Investment

  • Let to Multi-Tile Limited (t/a Topps Tiles) until 2025 (no breaks)
  • Located on the well established Tamar View Industrial Estate
  • Major occupiers on the estate include Waitrose, B&M Stores, Euro Car Parts, Toolstation, Howdens Joinery and Travelodge
  • Lot
    7
  • Auction
    11th December 2019
  • Rent
    £44,460 per Annum Exclusive
  • Status
    Sold
  • Price
    £625,000
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
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Freehold Retail Warehouse Investment

  • Let to Multi-Tile Limited (t/a Topps Tiles) until 2025 (no breaks)
  • Located on the well established Tamar View Industrial Estate
  • Major occupiers on the estate include Waitrose, B&M Stores, Euro Car Parts, Toolstation, Howdens Joinery and Travelodge
  • Lot 7
  • Auction 11th December 2019
  • Rent £44,460 per Annum Exclusive
  • Status Sold
  • Price £625,000
  • Sector
    Trade Counter/Builders Merchants
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

Property Information

Location
Miles
6 miles north-west of Plymouth
43 miles south-west of Exeter
120 miles south-west of Bristol
Roads
A38, A388, A386
Rail
Saltash Railway Station
Situation

Saltash is located on the west side of the Tamar Bridge and approximately 6 miles north-west of Plymouth. The property is situated on the well established Tamar View Industrial Estate, north of the A38 dual carriageway. Major occupiers on the estate include Waitrose, Screwfix, B&M Stores, Euro Car Parts, Toolstation, Howdens Joinery and Travelodge.

Tenure

Freehold.

Location
Miles
6 miles north-west of Plymouth
43 miles south-west of Exeter
120 miles south-west of Bristol
Roads
A38, A388, A386
Rail
Saltash Railway Station
Situation

Saltash is located on the west side of the Tamar Bridge and approximately 6 miles north-west of Plymouth. The property is situated on the well established Tamar View Industrial Estate, north of the A38 dual carriageway. Major occupiers on the estate include Waitrose, Screwfix, B&M Stores, Euro Car Parts, Toolstation, Howdens Joinery and Travelodge.

Tenure

Freehold.

Description

The property comprises a ground floor trade counter unit benefiting from an eaves height of approximately 5 metres and car parking.

VAT

VAT is not applicable to this lot.

Note

The neighbouring property occupied by Screwfix is being offered as Lot 15.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Description

The property comprises a ground floor trade counter unit benefiting from an eaves height of approximately 5 metres and car parking.

VAT

VAT is not applicable to this lot.

Note

The neighbouring property occupied by Screwfix is being offered as Lot 15.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground Trade counter
391.61 sq m
(4,215 sq ft)
 MULTI-TILE LIMITED t/a Topps Tiles (1) 10 years from
27/01/2015 on a full
repairing and
insuring lease (2)		 £44,460 27/01/2020
(26/01/2025)
Totals
391.61 sq m
(4,215 sq ft)
     £44,460  

(1) For the year ending 29th September 2018, Multi-tile Limited reported pre-tax profits of £9,139,000 and a total net worth of £188,124,000 (Source: Experian Group 01/10/2019).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Nash & Co Solicitors LLP Beaumont House Beaumont Park
Plymouth
Devon
PL4 9BD
Nick Winslet 01752 827 013nwinslet@nash.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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