Let to Individuals (t/a Bakehouse) and Clacton Vaping Limited (t/a Vaporever) until 2027 and 2030
No Break Clauses
Central Location in Popular London Commuter Town
VAT free
Nearby occupiers include Argos, Poundland, McDonald's, Superdrug, Travelodge and Premier Inn
Lot 49
Auction 21st September 2023
Rent £27,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
16 miles south-east of Colchester, 70 miles north-east of Central London
Roads
A12, A120, A133
Rail
Clacton-on-Sea Railway Station
Air
London Stansted Airport
Situation
Clacton-on-Sea is a popular seaside town on the coast of Essex, it boasts a wide range of entertainment landmarks including a pleasure pier, arcades, the Princes and the West Cliff Theatres, a golf course and many more sea front based activities.
The property is located in the town centre on West Avenue near its junction with Station Road and Pier Avenue, some 200m from the Marine Parade and Clacton Pier. Clacton-on-Sea Railway Station is some 600m to the north. Nearby occupiers include Argos, Poundland, McDonald's, Superdrug, Travelodge and Premier Inn.
Tenure
Freehold.
Location
Miles
16 miles south-east of Colchester, 70 miles north-east of Central London
Roads
A12, A120, A133
Rail
Clacton-on-Sea Railway Station
Air
London Stansted Airport
Situation
Clacton-on-Sea is a popular seaside town on the coast of Essex, it boasts a wide range of entertainment landmarks including a pleasure pier, arcades, the Princes and the West Cliff Theatres, a golf course and many more sea front based activities.
The property is located in the town centre on West Avenue near its junction with Station Road and Pier Avenue, some 200m from the Marine Parade and Clacton Pier. Clacton-on-Sea Railway Station is some 600m to the north. Nearby occupiers include Argos, Poundland, McDonald's, Superdrug, Travelodge and Premier Inn.
Tenure
Freehold.
Description
The property comprises two self contained retail units on the ground floor each with ancillary accommodation in the basement. The three upper floors comprise four flats that are accessed from the rear of the property.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
Retail unit No 8 = "C" and
Retail unit no 10 = "D"
Description
The property comprises two self contained retail units on the ground floor each with ancillary accommodation in the basement. The three upper floors comprise four flats that are accessed from the rear of the property.
VAT
VAT is not applicable to this lot.
Completion Period
Six week completion
EPC
Retail unit No 8 = "C" and
Retail unit no 10 = "D"
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/results) (2) Vaporever specialise in selling e-cigarettes and operate out of four stores around Essex (www.vaporever.co.uk) (3) The head lease for the residential upper parts will be made available to the Buyer for a nominal sum after completion of the sale subject to the service of the notices required under section 5a of the Landlord & Tenant Act 1987.
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.
