Freehold Retail Investment
Freehold Retail Investment
The property is prominently situated in the heart of the town centre, on the east side of Gabriel's Walk, which leads directly to The Mall Shopping Centre. Nearby occupiers include Sainsburys, Iceland Supermarket, Boots the Chemist, Superdrug, H. Samuel, Starbucks and a JD Wetherspoon.
Freehold.
The property is prominently situated in the heart of the town centre, on the east side of Gabriel's Walk, which leads directly to The Mall Shopping Centre. Nearby occupiers include Sainsburys, Iceland Supermarket, Boots the Chemist, Superdrug, H. Samuel, Starbucks and a JD Wetherspoon.
Freehold.
The property comprises a shop arranged on the ground, first and second floors.
VAT is applicable to this lot.
Six Week Completion
Band E
The property comprises a shop arranged on the ground, first and second floors.
VAT is applicable to this lot.
Six Week Completion
Band E
| Floor | Use | Floor Areas Approx sq m (1) |
Floor Areas (Approx sq ft) (1) |
Tenant | Term | Rent p.a.x. |
|---|---|---|---|---|---|---|
| Ground First Second |
Retail Ancillary Ancillary |
80.50 56.40 45.90 |
(866) (607) (494) |
CANCER RESEARCH UK (2) | 10 years from 17/10/2016 on a full repairing and insuring lease | £31,350 |
| Total | 182.80 |
(1,967) |
£31,350 |
(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) For the year ending 31/03/2023, Cancer Research UK reported a turnover of £718,800,000, a pre-tax profit of £51,200,000 and a net worth of £378,100,000 (www.northrow.com)
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.
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