Screwfix
4 Avery Way, Tamar View Industrial Estate
Saltash
Cornwall
PL12 6LD

Freehold Trade Counter Investment

  • Let to Screwfix Direct Limited until 2024 (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
    15
  • Auction
    11/Dec/2019
  • Rent
    £50,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £700,000
  • Sector
    Trade Counter
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • Screwfix<br>4 Avery Way, Tamar View Industrial Estate<br>Saltash<br>Cornwall<br>PL12 6LD
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* 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, B&M Stores, Topps Tiles, Euro Car Parts, Toolstation, Howdens Joinery and Travelodge.

Tenure

Freehold.

Description

The property comprises a modern unit with ground floor trade counter accommodation benefiting from an average eaves height of approximately 4 metres (13 feet) and car parking.

VAT

VAT is not applicable to this lot.

Note

The neighbouring property occupied by Topps Tiles is being offered as lot 7.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview/
(Reversion)
GroundTrade Counter
458.3 sq m
(4,933 sq ft)
SCREWFIX
DIRECT LIMITED
(1)
10 years from
03/01/2014 on a full
repairing and
insuring lease (2)
£50,00003/01/2019
(02/01/2024)
Total
458.3 sq m
(4,933 sq ft)
  £50,000 

(1) For the year ending 31st January 2018, Screwfix Direct Limited reported a turnover of £1,527,092,000, pre-tax profits of £171,523,000 and a total net worth of £569,587,000 (Source: Experian Group 01/11/2019).
(2) The lease is subject to a schedule of condition.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    558 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    20.05.20
    File Size
    694 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 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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