20/21 Hall Place Spalding Lincolnshire PE11 1SQ

20/21 Hall Place
Spalding
Lincolnshire
PE11 1SQ

Freehold Retail Investment

Entirely let to Savers Health & Beauty Limited
Approximately 248.33 sq m (2,673 sq ft)
Prominent position on the towns prime pedestrianised retail thoroughfare
Nearby occupiers include William Hill, Boots, Barclays Bank, Greggs and Superdrug

Lot
22
Auction
14th February 2013
Rent
£41,500 per Annum Exclusive
Status
Sold
Price
£450,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

Entirely let to Savers Health & Beauty Limited
Approximately 248.33 sq m (2,673 sq ft)
Prominent position on the towns prime pedestrianised retail thoroughfare
Nearby occupiers include William Hill, Boots, Barclays Bank, Greggs and Superdrug

Lot 22
Auction 14th February 2013
Rent £41,500 per Annum Exclusive
Status Sold
Price £450,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 15 miles south of Boston, 21 miles north-east of Peterborough, 29 miles west of Kings Lynn
Roads: A16, A151
Rail: Spalding Railway Station
Air: Birmingham International Airport, Luton Airport

Situation

The property is situated in a prominent position in the heart of the town centre at the end of Hall Place, Spaldings prime retailing thoroughfare. Nearby occupiers include William Hill, Boots, Barclays Bank, Greggs and Superdrug.

Tenure

Freehold.

Location

Miles: 15 miles south of Boston, 21 miles north-east of Peterborough, 29 miles west of Kings Lynn
Roads: A16, A151
Rail: Spalding Railway Station
Air: Birmingham International Airport, Luton Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation on the first floor.

NB: Some of the partners of Reid Rose Gregory disclose an interest in the property.

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 with ancillary accommodation on the first floor.

NB: Some of the partners of Reid Rose Gregory disclose an interest in the property.

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	Reversion
Ground First	Retail Ancillary	171.96 sq m 76.37 sq m	(1,851 sq ft) (822 sq ft)	SAVERS HEALTH & BEAUTY LIMITED (1)	5 years from 23/01/2012 on a full repairing and insuring lease	£41,500	22/01/2017
Totals		248.33 sq m	(2,673 sq ft)			£41,500

(1) Founded in 1988, Savers has since expanded aggressively and currently runs over 230 stores, extending throughout England, Scotland and Wales. (Source: www.savers.co.uk 18/01/2013)