121 High Street Rickmansworth Hertfordshire WD3 1AN

121 High Street
Rickmansworth
Hertfordshire
WD3 1AN

Freehold Retail Investment

Let to Sue Ryder on a new 10 year lease (no breaks)
Affluent London commuter town
Nearby occupiers include Superdrug, Nationwide, Clinton Cards, Specsavers, WHSmith and Boots
Six Week Completion Period Available

Lot
7
Auction
29th March 2012
Rent
£45,000 per Annum Exclusive
Status
Sold
Price
£665,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of Sue Ryder

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Freehold Retail Investment

Let to Sue Ryder on a new 10 year lease (no breaks)
Affluent London commuter town
Nearby occupiers include Superdrug, Nationwide, Clinton Cards, Specsavers, WHSmith and Boots
Six Week Completion Period Available

Lot 7
Auction 29th March 2012
Rent £45,000 per Annum Exclusive
Status Sold
Price £665,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of Sue Ryder

Property Information

Location

Miles: 18 miles north-west of London, 4 miles south-west of Watford
Roads: M25, M1, M40, A40, A41
Rail: Rickmansworth Rail
Air: London Heathrow Airport, London Luton Airport

Situation

Rickmansworth is an affluent London commuter town with excellent communications via the M25, M40 and M1. The property is situated on the south side of High Street, the town’s main retail thoroughfare. Nearby occupiers include Superdrug, Nationwide,
Clinton Cards, Specsavers, W H Smith and Boots.

Tenure

Freehold.

Location

Miles: 18 miles north-west of London, 4 miles south-west of Watford
Roads: M25, M1, M40, A40, A41
Rail: Rickmansworth Rail
Air: London Heathrow Airport, London Luton Airport

Situation

Tenure

Freehold.

Description

The property comprises retail and ancillary accommodation on the ground floor and ancillary accommodation on the first floor. The property benefits from parking at the rear for 2 cars.

Six Week Completion Period Available

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not applicable to this lot.

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	Reviews
Ground First	Gross Frontage Net Frontage Retail Ancillary Ancillary	6.91 m 6.55 m 91.60 sq m 47.01 sq m 41.16 sq m	(22’ 8”) (21’ 6”) (986 sq ft) (506 sq ft) (443 sq ft)	SUE RYDER (1)	10 years from completion until 2022 on a full repairing and insuring lease	£45,000	2017
	Totals	179.77 sq m	(1,935 sq ft)			£45,000

(1) Sue Ryder is a registered national charity providing health and social care services in local communities. Sue Ryder has more than 8000 volunteers and is supported through fundraising and retail activities via 350+ outlets nationwide (Source: www.sueryder.org). For the year ending 31st March 2011, Sue Ryder reported a working capital of £12,560,000, pre-tax profit of £2,153,000 and a total net worth of £45,059,000 (Source: www.riskdisk.com 24/02/2012).