Freehold Retail Investment
Freehold Retail Investment
The property is situated in a strong retailing position on the pedestrianised High Street close to the junction with James Street.
Freehold.
The property is situated in a strong retailing position on the pedestrianised High Street close to the junction with James Street.
Freehold.
The property comprises RETAIL ACCOMMODATION on the ground floor and ANCILLARY ACCOMMODATION on the first floor. The property benefits from an ENCLOSED YARD to the rear. VATVAT is applicable to this lot.6 Week Completion Available
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises RETAIL ACCOMMODATION on the ground floor and ANCILLARY ACCOMMODATION on the first floor. The property benefits from an ENCLOSED YARD to the rear. VATVAT is applicable to this lot.6 Week Completion Available
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
122.47 sq m |
(1,318 sq ft) (513 sq ft) |
SPORTSWIFT LIMITED (1) (t/a CARD FACTORY) |
15 years from 05/10/2007 to until 2022 on a full repairing and insuring lease |
£37,500 | 2012 and 5 yearly |
| Totals | 170.13 sq m |
(1,831 sq ft) |
|||||
(1) Card Factory operates from some 480 outlets nationwide and employs some 4,500 people. (Source: www.cardfactory.eu.com). For the year ending 31st January 2009 Sportswift Limited reported a turnover of ?167,672,000, pre-tax profits of ?29,413,000 and a net worth of ?26,032,000. (Source: www.riskdisk.com 22/04/2010)
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