Neighbouring occupiers include Boots the Chemist, British Heart Foundation, Superdrug, Iceland, Nationwide, HSBC, WH Smith, Holland & Barrett, Halifax and Vodafone
Lot 23
Auction 12th February 2020
Rent £38,500 per Annum Exclusive
Status Sold
Price £575,000
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
Neighbouring occupiers include Boots the Chemist, British Heart Foundation, Superdrug, Iceland, Nationwide, HSBC, WH Smith, Holland & Barrett, Halifax and Vodafone
Lot 23
Auction 12th February 2020
Rent £38,500 per Annum Exclusive
Status Sold
Price £575,000
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place Marble Arch London W1H 7TN
Property Information
Location
Miles
12 miles south-east of Ipswich
28 miles north-east of Colchester
Roads
A12, A14
Rail
Felixstowe Railway Station
Air
London Stansted Airport
Situation
The property is located in a prime position on the east side of the pedestrianised Hamilton Road, in the heart of Felixstowe town centre. Neighbouring occupiers include Boots the Chemist, British Heart Foundation, Superdrug, Iceland, Nationwide, HSBC, WH Smith, Holland & Barrett, Halifax and Vodafone.
Tenure
Freehold.
Location
Miles
12 miles south-east of Ipswich
28 miles north-east of Colchester
Roads
A12, A14
Rail
Felixstowe Railway Station
Air
London Stansted Airport
Situation
The property is located in a prime position on the east side of the pedestrianised Hamilton Road, in the heart of Felixstowe town centre. Neighbouring occupiers include Boots the Chemist, British Heart Foundation, Superdrug, Iceland, Nationwide, HSBC, WH Smith, Holland & Barrett, Halifax and Vodafone.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with first floor retail and ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
See legal pack at acuitus.co.uk
Description
The property comprises ground floor retail accommodation with first floor retail and ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
See legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
Ground First
Retail Retail and Ancillary
107.23 sq m 78.97 sq m
(1,154 sq ft) (850 sq ft)
AIMES LIMITED t/a Costa (1)
15 years and 5 months from 19/10/2010 on a full repairing and insuring lease
£38,500
19/10/2020 (25/03/2026)
Total
186.20 sq m
(2,004 sq ft)
£38,500
(1) Aimes Limited (CRN 04261241) was incorporated in 2001 and for the year ending 31st December 2018 reported a net worth of £434,856 and is rated by Experian as "Below Average Risk". Aimes Limited is owned by Scoffs Group Limited, which was incorporated in 2001 and for the year ending 31st December 2018, reported a turnover of £15,992,034 and pre-tax profits of £561,246 and is rated by Experian as "Below Average Risk".
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.
