Freehold Retail Investment
Freehold Retail Investment
The property is prominently situated on the east side of Market Place, at its junction with Market Street. The property is within close proximity to both the Marketgate Shopping Centre and the Grand Arcade Shopping Centre. Occupiers nearby include Barclays Bank, Lloyds Bank, Greggs, Starbucks and Santander.
Freehold.
The property is prominently situated on the east side of Market Place, at its junction with Market Street. The property is within close proximity to both the Marketgate Shopping Centre and the Grand Arcade Shopping Centre. Occupiers nearby include Barclays Bank, Lloyds Bank, Greggs, Starbucks and Santander.
Freehold.
The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors.
VAT is applicable to this lot.
Six Week Completion
Band D. See legal pack.
The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors.
VAT is applicable to this lot.
Six Week Completion
Band D. See legal pack.
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground First Second |
Retail Ancillary Ancillary |
109.70 sq m 82.15 sq m 71.70 sq m |
(1,181 sq ft) (884 sq ft) (772 sq ft) |
LADBROKES BETTING & GAMING LIMITED (1) |
10 years from 24/04/2013 on a full repairing and insuring lease |
£37,500 | 23/04/2023 |
| Total |
263.55 sq m |
(2,837 sq ft) |
£37,500 | ||||
(1) Ladbrokes operate from over 3,500 shops across England, Wales and Scotland under the Ladbrokes and Coral brands (www.ladbrokescoralplc.com). For the year ending 31st December 2018, Ladbrokes Betting and Gaming Limited reported a turnover of 732,366,000, pre-tax profits of negative -43,794,000 and total assets of 2,143,638,000 (Source: SmartSearch 11/06/2020).
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.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
