High Yielding Freehold Town Centre Shop Investment
High Yielding Freehold Town Centre Shop Investment
The property is located in a prominent corner position in the town centre situated on the north-west side of Bridge Street, at its junction with Milk Street. The property is opposite Church Square Shopping Centre with occupiers including Boots the Chemist, Pandora, JD Sports , H&M and Costa. Other nearby occupiers include Specsavers, Caffé Nero and Nando's.
Freehold.
The property is located in a prominent corner position in the town centre situated on the north-west side of Bridge Street, at its junction with Milk Street. The property is opposite Church Square Shopping Centre with occupiers including Boots the Chemist, Pandora, JD Sports , H&M and Costa. Other nearby occupiers include Specsavers, Caffé Nero and Nando's.
Freehold.
The property is arranged on the ground and first floors providing two ground floor shops with ancillary accommodation above.
VAT is applicable to this lot.
Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 weeks completion
See legal pack.
The property is arranged on the ground and first floors providing two ground floor shops with ancillary accommodation above.
VAT is applicable to this lot.
Please note the buyer will pay 1% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 weeks completion
See legal pack.
| Address | Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. |
|---|---|---|---|---|---|---|---|
| 18 Bridge Street | Ground First |
Retail/Ancillary Ancillary |
83.10 66.70 |
(894) (718) |
F.RASHEED (t/a Tech Fix) | 5 years from 23/02/2018 (1) | £15,000 |
| 20 Bridge Street | Ground First |
Retail/Ancillary Ancillary |
48.10 41.30 |
(517) (445) |
SUBWAY REALTY LIMITED (2) | 10 years from 27/02/2014 | £17,500 |
| Total | 239.20 |
(2,575) |
£32,500 |
(1) February 2021 tenant break option not exercised
(2) www.subway.com
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?
