Freehold Retail Investment
Freehold Retail Investment
The property is situated in the town centre, some 100 metres from Buxton Rail Station. Buxton acts as the principle retail centre for the immediate region and the town is an established and popular tourist destination. Nearby occupiers include KFC, Boots the Chemist and Santander Bank and the property is located close to the Spring Gardens Shopping Centre anchored by Waitrose, Dorothy Perkins and
Burtons.
Freehold.
The property is situated in the town centre, some 100 metres from Buxton Rail Station. Buxton acts as the principle retail centre for the immediate region and the town is an established and popular tourist destination. Nearby occupiers include KFC, Boots the Chemist and Santander Bank and the property is located close to the Spring Gardens Shopping Centre anchored by Waitrose, Dorothy Perkins and
Burtons.
Freehold.
The property comprises a ground floor retail unit with ancillary accommodation on the first floor.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor retail unit with ancillary accommodation on the first floor.
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 First |
Retail Ancillary |
53.77 sq m 39.67 sq m |
(578 sq ft) (427 sq ft) |
THOMAS COOK TRAVELLTD guaranteed by ThomasCook Group UK Ltd (t/a TheCo-Operative Travel) (1) | 10 years form 01/10/2011 until 2021 on a full repairing and insuring lease (2) (3) |
£13,000 |
01/10/2016 |
| Totals | 93.44 sq m |
(1,005 sq ft) |
£13,000 | ||||
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 UK’s largest travel
retailer with around 1,200 branches across England, Scotland, Wales and Northern Ireland. (Source: Thomas Cook Group)
(2) The lease provides for a tenants option to determine on the 1st October 2016.
(3) The Lease is subject to a Schedule of Condition.
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