Freehold Retail Investment
Freehold Retail Investment
The property is situated in a prominent position on Eltham High Street, close to public transport links and forms part of the Chequers Parade. Nearby occupiers include Marks & Spencer, Boots the Chemist, Costa and McDonalds.
Freehold.
The property is situated in a prominent position on Eltham High Street, close to public transport links and forms part of the Chequers Parade. Nearby occupiers include Marks & Spencer, Boots the Chemist, Costa and McDonalds.
Freehold.
The property comprises ground retail unit with a further two upper floors used as ancillary accommodation. In addition, the property benefits from a basement.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground retail unit with a further two upper floors used as ancillary accommodation. In addition, the property benefits from a basement.
VAT is applicable to this lot.
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 Basement First Second |
Retail Ancillary Storage Office Office |
102.35 sq m 29.25 sq m 41.82 sq m 45.78 sq m |
(1,105 sq ft) (315 sq ft) (450 sq ft) (492 sq ft) |
THOMAS COOK TRAVELLTD guaranteed byThomas Cook Group UKLtd (t/a The Co-operativeTravel) (1) | 10 years from 01/10/2011 until 2021 on a full repairing and insuring lease (2) (3) (4) |
£41,750 |
01/10/2016 |
| Totals | 219.20 sq m |
(2,362 sq ft) |
£41,750 | ||||
(1) For the year ending 30th September 2010 Thomas Cook Group UK Limited reported a total net worth of £718,887,000. (Source: www.riskdisk.com 18/04/2012) On 4th October 2011 Thomas Cook Group, The Co-Operative Travel and Midlands Co-Operative established a joint venture to combine their UK High Street travel and foreign exchange businesses, creating the UKs largest travel
retailer with around 1,200 branches across England, Scotland, Wales and Northern Ireland.
(2) The lease provides for a tenants option to determine on the 1st October 2016.
(3) The seller pays a £500 per annum licence for a fire escape.
(4) The Lease is subject to a Schedule of Condition.
(5) The first and second floors have been sublet to Omer & Company Accountants.
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?
