Let to Sue Ryder on a new 10 year lease (no breaks)
Popular coastal suburb of Whitstable
Nearby occupiers include Premier Stores, NatWest, Lloyds TSB, HSBC and Dominos Pizza
Six Week Completion Period Available
Lot 24
Auction 18th October 2012
Rent £10,000 per Annum Exclusive
Status Sold
Price £146,000
Sector High Street Retail
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
1 mile east of Whitstable, 4.5 miles west of Herne Bay, 7.6 miles north of Canterbury
Roads
A2, A299, M2
Rail
Whitstable Rail Station
Air
Gatwick Airport, London City Airport, Southend Airport
Situation
Tankerton is a popular coastal suburb of the resort town of Whitstable situated on the Kent coast. The property is situated on the south side of the Tankerton Road, a busy retail street. Nearby occupiers include Premier Stores, NatWest, Lloyds TSB, HSBC and Dominos Pizza.
Tenure
Freehold.
Location
Miles
1 mile east of Whitstable, 4.5 miles west of Herne Bay, 7.6 miles north of Canterbury
Roads
A2, A299, M2
Rail
Whitstable Rail Station
Air
Gatwick Airport, London City Airport, Southend Airport
Situation
Tankerton is a popular coastal suburb of the resort town of Whitstable situated on the Kent coast. The property is situated on the south side of the Tankerton Road, a busy retail street. Nearby occupiers include Premier Stores, NatWest, Lloyds TSB, HSBC and Dominos Pizza.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit.
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
Review
Ground
Retail
88.53 sq m
(953 sq ft)
SUE RYDER (1)
10 years from Completion until 2022 on a full repairing and insuring lease.
£10,000
2017
Totals
88.53 sq m
(953 sq ft)
£10,000
Sue Ryder is a registered national charity providing health and social care services in local communities. Sue Ryder has more than 8,000 volunteers and is supported through fundraising and retail activities via 350+ outlets nationwide. (Source: www.sueryder.org). For the year ending 31st March 2011, Sue Ryder reported a working capital of £12,560,000, pre-tax profit of £2,153,000 and a total net worth of £45,059,000 (Source: www.riskdisk.com 24/08/2012)
