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
    11/Dec/2019
  • Rent
    £44,460 per Annum Exclusive
  • Status
    Available
  • Price*
    £600,000 - £625,000
  • Sector
    Trade Counter
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • Topps Tiles<br>Avery Way, Tamar View Industrial Estate<br>Saltash<br>Cornwall<br>PL12 6LD
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  • Map

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

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.

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

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
(Reversion)
GroundTrade 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)
£44,46027/01/2020
(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 £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Solicitors Legal Pack
    Updated Date
    06.12.19
    File Size
    18 MB
    Login to View
  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    499 KB
    View PDF
  • Site Plan
    Updated Date
    20.11.19
    File Size
    951 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
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@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

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