Tenants include Cash Converters, Jace Training and Broadfield Butchers
Prominent position on pedestrianised retail thoroughfare
Nearby occupiers include Greggs, Timpson, Coral Betting Office and Flight Centre
Loading facilities to rear of property
Six Week Completion Available
Lot 63
Auction 18th October 2011
Rent £83,000 per Annum Exclusive
Status Sold Post
Price
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of Joint LPA Receivers, Edward Symmons
Property Information
Location
Miles
22 miles north of Brighton, 33 miles south of London
Roads
A24, A264, M23
Rail
Crawley Railway Station (45 minutes to London Victoria/London Bridge)
Air
Gatwick Airport
Situation
The property is situated in a prominent location on the pedestrianised Broad Walk, located between the High Street and Queen's Square. Nearby occupiers include Greggs, Timpson, Coral Betting Office and Flight Centre.
Tenure
Freehold.
Location
Miles
22 miles north of Brighton, 33 miles south of London
Roads
A24, A264, M23
Rail
Crawley Railway Station (45 minutes to London Victoria/London Bridge)
Air
Gatwick Airport
Situation
The property is situated in a prominent location on the pedestrianised Broad Walk, located between the High Street and Queen's Square. Nearby occupiers include Greggs, Timpson, Coral Betting Office and Flight Centre.
Tenure
Freehold.
Description
The property comprises two ground floor retail units with office accommodation on part first floor and a further four self-contained residential flats on part first and second floors. The property also benefits from loading facilities to the rear.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises two ground floor retail units with office accommodation on part first floor and a further four self-contained residential flats on part first and second floors. The property also benefits from loading facilities to the rear.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) There is a tenant only option to determine the lease on 7th June 2016 subject to 6 months' notice. (2) Launched in 1984, Cash Converters is the largest retailer of pre-owned goods in the world. They trade in 21 countries worldwide with a network of over 600 franchised stores. (Source: www.cashconverters.co.uk 19/09/2011) (3) There is a tenant only option to determine the lease on 19th May 2014 subject to 6 months' notice. (4) Established in 1981, Jace Training offers short courses and full qualifications by both traditional training methods and e-learning. They are now one of the largest and most respected providers of training in the South of England. (Source: www.jace-training.co.uk 19/09/2011) (5) There is a tenant's option to determine the lease on the fifth anniversary of the term.
