Freehold Retail & Commercial Investment
Freehold Retail & Commercial Investment
The properties occupy a prominent position on the southern side of the pedestrianised High Street, in close proximity to Queens Square and Kings Square Shopping Centres housing retailers including Poundland, Boots the Chemist, Greggs, Superdrug, Iceland and H Samuel. Other nearby retailers include McDonald's, Farmfoods and Heron Foods. Car parking with over 820 car parking spaces is nearby.
Freehold.
The properties occupy a prominent position on the southern side of the pedestrianised High Street, in close proximity to Queens Square and Kings Square Shopping Centres housing retailers including Poundland, Boots the Chemist, Greggs, Superdrug, Iceland and H Samuel. Other nearby retailers include McDonald's, Farmfoods and Heron Foods. Car parking with over 820 car parking spaces is nearby.
Freehold.
The property comprises a ground floor shop with ancillary accommodation at first floor fronting High Street, together with a separately let Storage unit on ground and first floor to the rear. The tenant of the rear storage unit trades from 250 High Street.
VAT is applicable to this lot.
Please note the buyer will pay 1.5% + VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
Six Week Completion Available
See legal pack at www.acuitus.co.uk
The property comprises a ground floor shop with ancillary accommodation at first floor fronting High Street, together with a separately let Storage unit on ground and first floor to the rear. The tenant of the rear storage unit trades from 250 High Street.
VAT is applicable to this lot.
Please note the buyer will pay 1.5% + VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
Six Week Completion Available
See legal pack at www.acuitus.co.uk
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Review/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
76.10 sq m 31.30 sq m |
(820 sq ft) (337 sq ft) |
N.H.N. NGUYEN (t/a Nail Bar) |
10 years from 12/03/2021 until 11/03/2031 (1) |
£15,000 | 12/03/2026 (11/03/2031) |
| Ground First |
Storage Storage |
63.80 sq m 56.30 sq m |
(687 sq ft) (606 sq ft) |
ECONIKA LIMITED (3) |
5 years from 14/08/2019 until 13/08/2024 (2) |
£4,500 | (13/08/2024) |
| Total |
227.50 sq m |
(2,450 sq ft) |
£19,500 | ||||
(1) subject to a tenant option to determine on 12th March 2026
(2) subject to a tenant option to determine on 14th August 2022
(3) Econika Ltd trade from the adjoining shop at 250 High Street (250 High Street is not included in the sale)
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.
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