61 & 61b-61d High Street Haverhill CB9 8AH

61 & 61b-61d High Street
Haverhill
CB9 8AH

Retail Parade Investment

  • Parade of 4 retail units
  • Prominent town centre location
  • Neighbouring occupiers include Greggs, Savers, Poundland, Clarks, Iceland Foods and Barclays Bank
  • Lot
    19
  • Auction
    12th February 2020
  • Rent
    £57,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £502,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
Important Update
  • Expand
  • Photos
  • Map

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

Retail Parade Investment

  • Parade of 4 retail units
  • Prominent town centre location
  • Neighbouring occupiers include Greggs, Savers, Poundland, Clarks, Iceland Foods and Barclays Bank
  • Lot 19
  • Auction 12th February 2020
  • Rent
  • Status Sold
  • Price £502,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN

Property Information

Location
Miles
47 miles north-east of London
16 miles south-east of Cambridge
16 miles south-west of Bury St Edmund
23 miles north-west of Colchester
Roads
M11, A14, A12
Rail
Air
Stansted Airport
Situation

The property is situated in the popular market town of Haverhill, on the north side of High Street. The property is located in the heart of the town centre. Neighbouring occupiers include Iceland, Clintons, Greggs, William Hill and Barclays.

Tenure

Virtual Freehold. Held for 999 years from 03/07/2015 at a fixed peppercorn rent.

Location
Miles
47 miles north-east of London
16 miles south-east of Cambridge
16 miles south-west of Bury St Edmund
23 miles north-west of Colchester
Roads
M11, A14, A12
Rail
Air
Stansted Airport
Situation

The property is situated in the popular market town of Haverhill, on the north side of High Street. The property is located in the heart of the town centre. Neighbouring occupiers include Iceland, Clintons, Greggs, William Hill and Barclays.

Tenure

Virtual Freehold. Held for 999 years from 03/07/2015 at a fixed peppercorn rent.

Description

The property comprises a parade of 4 shops, each with retail accommodation on the ground floor. The property forms part of a larger building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Description

The property comprises a parade of 4 shops, each with retail accommodation on the ground floor. The property forms part of a larger building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
61 Ground Retail
175.20 sq m
(1,886 sq ft)
RAJ PARTNERS
LIMITED t/a Raj
Mahal Restaurant
15 years from
01/03/2014
£18,500 28/02/2024
(28/02/2029)
61b Ground Retail
70.20 sq m
(755 sq ft)
INDIVIDUALS
t/a Benny’s BBQ
10 years from
16/10/2013
£14,000 (15/10/2023)
61c Ground Retail
77.30 sq m
(832 sq ft)
INDIVIDUAL
t/a G L Pet Foods
& Reptiles
5 years from
01/06/2016
£11,000 (31/05/2021)
61d Ground Retail
80.92 sq m
(871 sq ft)
INDIVIDUALS
t/a Autozone
10 years from
29/11/2013
£14,000 (28/11/2023)
Total    
403.62 sq m
(4,344 sq ft)
    £57,500  

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    22.01.20
    File Size
    591 KB
    View PDF
  • Site Plan
    Updated Date
    22.01.20
    File Size
    585 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Bukhari & Co Solicitors 4-16 Carr Road
Nelson
Lancashire
BB9 7JS
Nadeem Bukhari 01282 611 234 lawoffice@bukharisolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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