Town Centre Retail Investment
Town Centre Retail Investment
The property is prominently situated on the east side of Market Place, close to its junction with the prime pedestrianised Castle Street. The property also benefits from close within walking distance to The Britannia Shopping Centre, which includes major retailers such as Boots, Greggs, New Look and The Fragrance Shop. Other neighbouring occupiers include Coral, Greggs, HSBC, Clarks, B&M and a range of local businesses
Virtual Freehold. Held for a term of 999 years from completion of the sale. at a fixed peppercorn rent.
The property is prominently situated on the east side of Market Place, close to its junction with the prime pedestrianised Castle Street. The property also benefits from close within walking distance to The Britannia Shopping Centre, which includes major retailers such as Boots, Greggs, New Look and The Fragrance Shop. Other neighbouring occupiers include Coral, Greggs, HSBC, Clarks, B&M and a range of local businesses
Virtual Freehold. Held for a term of 999 years from completion of the sale. at a fixed peppercorn rent.
The property comprises a retail unit on the ground floor. The property also benefits from rear loading via Church Walk.
VAT is applicable to this lot.
Band C.
The property comprises a retail unit on the ground floor. The property also benefits from rear loading via Church Walk.
VAT is applicable to this lot.
Band C.
| Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. | Reversion |
|---|---|---|---|---|---|---|---|
| Ground | Retail | 90.93 (1) |
(978) |
TUI UK LIMITED (CRN: 01456086) (2) | 5 years from 01/02/2024 | £18,000 |
31/01/2029 |
| Total Approximate Floor Area | 90.93 |
(978) |
£18,000 |
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/74780046).
(2) For the year ending 30th September 2024 TUI UK Limited (CRN: 01456086) reported Revenue of £148,000,000, Pre-Tax Profits of £3,000,000 and a Gross Profit of £27,000,000. (Source: Financial Statements as published at Companies House 29/09/2025).
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?
