Sue Ryder 118 Tankerton Road Tankerton Kent CT5 2AJ

Sue Ryder
118 Tankerton Road
Tankerton
Kent
CT5 2AJ

Freehold Retail Investment

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
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

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

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)