Heritable Retail Investment
Heritable Retail Investment
The property is prominently situated in the town centre on the south side of the pedestrianised High Street, adjacent to the entrance to the Howgate Shopping Centre, where retailers include Boots, River Island and JD Sports. Other nearby occupiers include Savers, Caff Nero, Holland & Barrett and Costa.
Heritable.
The property is prominently situated in the town centre on the south side of the pedestrianised High Street, adjacent to the entrance to the Howgate Shopping Centre, where retailers include Boots, River Island and JD Sports. Other nearby occupiers include Savers, Caff Nero, Holland & Barrett and Costa.
Heritable.
The property comprises a traditional three storey terraced property with retail sales at ground floor, and staff and storage at first and second floors.
VAT is applicable to this lot.
Please contact Mhairi Archibald
See the legal pack at www.acuitus.co.uk
The property comprises a traditional three storey terraced property with retail sales at ground floor, and staff and storage at first and second floors.
VAT is applicable to this lot.
Please contact Mhairi Archibald
See the legal pack at www.acuitus.co.uk
| Accommodation | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground Floor First Floor Second Floor |
Retail Ancillary Ancillary |
88.72 sq m 88.07 sq m 96.15 sq m |
(955 sq ft) (948 sq ft) (1,035 sq ft) |
HAYS TRAVEL LIMITED (2) |
10 years from 15/10/2020 (1) |
£50,000 | 15/10/2025 |
| Total |
272.94 sq m |
(2,938 sq ft) |
£50,000 | ||||
(1) The lease is subject to tenant option to determine at 5.5yrs (15/04/2026) providing 6 months written notice.
(2) Hays Travel are the UK's largest independent travel agent employing over 7,500 people. Throughout the UK Hays operate from more than 548 retail shops and have over 292 experienced travel agents who work from their homes. (Source : www.haystravel/aboutus)
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.
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