Betfred, Unit 2, 35 Main Street Egremont Cumbria CA22 2DR

Betfred, Unit 2, 35 Main Street
Egremont
Cumbria
CA22 2DR

  • Betfred, Unit 2, 35 Main Street<br>Egremont<br>Cumbria<br>CA22 2DR

Prominent Corner Town Centre Retail Investment

  • Prominent Freehold Town Centre Location
  • Adjacent Heron & Co-op Supermarkets
  • Public Car Park nearby
  • Let to Done Brothers (Cash Betting) Limited until 2025 (subject to option)
  • Kings Arms & Cat Inn Public Houses nearby
  • Lot
    31
  • Auction
    17/Feb/2022
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £135,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
5 miles south of Whitehaven & 29 miles east of Keswick
Roads
A595 / M5
Rail
Whitehaven
Air
Manchester
Situation

Egremont, is an attractive town situated 5 miles south-west of Whitehaven, 29 miles west of Keswick and on the edge of the Lake District. The town is situated on the A595 with the M6 motorway 45 miles to the east.
The property is situated in the Town Centre at the junction of Main Street and Ehen Court Road, adjacent Heron Frozen Foods & Co-op Supermarket. There is a public car park close by at the rear. Retailers close by include Co-op & Heron Frozen Foods (adjacent) Post Office, Boots, Greggs & McColls.

Tenure

Freehold.

Location
Miles
5 miles south of Whitehaven & 29 miles east of Keswick
Roads
A595 / M5
Rail
Whitehaven
Air
Manchester
Situation

Egremont, is an attractive town situated 5 miles south-west of Whitehaven, 29 miles west of Keswick and on the edge of the Lake District. The town is situated on the A595 with the M6 motorway 45 miles to the east.
The property is situated in the Town Centre at the junction of Main Street and Ehen Court Road, adjacent Heron Frozen Foods & Co-op Supermarket. There is a public car park close by at the rear. Retailers close by include Co-op & Heron Frozen Foods (adjacent) Post Office, Boots, Greggs & McColls.

Tenure

Freehold.

Description

The property comprises a ground floor bookmakers of sales and ancillary accommodation.

VAT

VAT is applicable to this lot.

Completion Period

6 Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor bookmakers of sales and ancillary accommodation.

VAT

VAT is applicable to this lot.

Completion Period

6 Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground Retail
100 sq m (1,076 sq ft)
DONE BROTHERS (CASH BETTING) LTD t/a Betfred (1) 5 years from 09/08/2020 on a Full Repairing and Insuring Lease (2)
£15,000
9/08/2025 (2)
Total  
100 sq m (1,076 sq ft)
   
£15,000
 

(1) Betfred is now one of the biggest and most well-known brands on the high street with over 1,600 shops (source: www.betfred.com)
For the year ending 27/01/2020 Done Brothers (Cash Betting) Limited reported a Turnover of £300,796,000, a Pre-Tax Profit of £158,563,000 and Total Shareholders Equity of £157,295,000. (NorthRow 25/01/2022)
(2) Tenant option to determine on 09/09/2023

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.

Property Documents

  • Brochure
    Updated Date
    28.01.22
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Womble Bond Dickinson LLP One Trinity, Broad Chare
Newcastle Upon Tyne,
NE1 2HF
Keith Scott 0191 2308971keith.scott@wbd-uk.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in 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.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now