Freehold Retail Investment
Freehold Retail Investment
The property is just north of the newly reopened Blackfriars Station,
in the historic and prestigious City of London. The property benefits
from close proximity to major tourist attractions including St Pauls
Cathedral, Shakespeares Globe and the Tate Modern Gallery.
Major occupiers nearby include J P Morgan, Goldman Sachs,
Freshfields and Drivas Jonas Deloittes.
Freehold.
The property is just north of the newly reopened Blackfriars Station,
in the historic and prestigious City of London. The property benefits
from close proximity to major tourist attractions including St Pauls
Cathedral, Shakespeares Globe and the Tate Modern Gallery.
Major occupiers nearby include J P Morgan, Goldman Sachs,
Freshfields and Drivas Jonas Deloittes.
Freehold.
The property comprises a ground floor retail unit and basement
together with 4 upper floors which have been let on six separate
999 year leases and used as offices. The property is Grade II Listed
and is situated in a Conservation Area.
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 and basement
together with 4 upper floors which have been let on six separate
999 year leases and used as offices. The property is Grade II Listed
and is situated in a Conservation Area.
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 |
Retail/Ancillary Ancillary |
96.34 sq m 89.83 sq m |
(1,037 sq ft) (967 sq ft) |
COSTA LTD (1) (2) |
20 years from 24/06/1998 |
£65,000 | 23/06/2013 |
| Pavement | Outside seating area |
N/A |
(N/A) |
COSTA LTD |
Licence | £1,000 | |
| Basement, First, Second, Third & Fourth |
Office |
VARIOUS INDIVIDUALS |
999 years | Peppercorn | |||
| Totals | 186.17 sq m |
(2,004 sq ft) |
£66,000 | ||||
(1) For the year ending 3rd March 2011 Costa Limited reported a turnover of £377,284,000, a pre-tax profit of £49,468,000 and a total net
worth of £127,214,000. (Source www.riskdisk.com 31/05/2012)
(2)Costa Limited is wholly owned by Whitbread plc who reported a total revenue of £1,778 million for the year 2011/12. Costa now operate
over 1300 coffee shops across the UK and more than 600 internationally. In March 2012 they announced a partnership with Shell UK to
install Costa Express self-serve coffee bars in more than 550 Shell forecourts in the UK. (Source: www.costa-business.co.uk)
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