6 Kingsbury Square Aylesbury Buckinghamshire HP20 2HT

6 Kingsbury Square
Aylesbury
Buckinghamshire
HP20 2HT

Freehold Retail Investment

Entirely let to Thomas Estates Limited (t/a Cashino) on a new 15 year lease until 2027
Prominent town centre position
Within close proximity of Friars Square Shopping Centre and Hale Leys Shopping Centre
Nearby occupiers include Nationwide, Lloyds TSB, Subway and Timpson
Six Week Completion Available

Lot
25
Auction
10th July 2012
Rent
£19,000 per Annum Exclusive
Status
Sold
Price
£221,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of Joint LPA Receivers, Wedlake Bell

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Freehold Retail Investment

Entirely let to Thomas Estates Limited (t/a Cashino) on a new 15 year lease until 2027
Prominent town centre position
Within close proximity of Friars Square Shopping Centre and Hale Leys Shopping Centre
Nearby occupiers include Nationwide, Lloyds TSB, Subway and Timpson
Six Week Completion Available

Lot 25
Auction 10th July 2012
Rent £19,000 per Annum Exclusive
Status Sold
Price £221,000
Sector
Leisure
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of Joint LPA Receivers, Wedlake Bell

Property Information

Location

Miles: 23 miles east of Oxford, 40 miles north-west of London
Roads: A41, A413, A418, M40 (Junction 7)
Rail: Aylesbury Railway Station
Air: London Luton

Situation

The property is situated in a prominent location within the town centre on the southern side of Kingsbury Square, close to its junction with the pedestrianised High Street and Market Street. The property is located within close proximity of both Friars Square Shopping and Hale Leys Shopping Centre, with other nearby occupiers including Nationwide, Lloyds TSB, Subway and Timpson.

Tenure

Freehold.

Location

Miles: 23 miles east of Oxford, 40 miles north-west of London
Roads: A41, A413, A418, M40 (Junction 7)
Rail: Aylesbury Railway Station
Air: London Luton

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit, trading as an amusement arcade with ancillary and storage accommodation on the first and second floors.

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receivers are not bound to accept the highest or any offer and are acting without personal liability.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground First Second	Retail Ancillary/Staff Ancillary	47.88 sq m 22.98 sq m 19.94 sq m	(515 sq ft) (247 sq ft) (215 sq ft)	THOMAS ESTATESLIMITED (1)(t/a Cashino)	15 years from 17/05/2012 until 16/05/2027 on a full repairing and insuring lease	£19,000	17/05/2017 and five yearly thereafter
Totals		90.80 sq m	(977 sq ft)			£19,000

(1) For the year ending 26th December 2010, Thomas Estates Limited reported a turnover of £29,709,301, pre-tax profits of £720,244 and a total net worth of £7,939,180. (Source: www.riskdisk.com 12/06/2012)