Freehold Retail Investment
Freehold Retail Investment
The property forms part of an attractive parade in a prominent position on Market Street, the main retail thoroughfare of the town. The property benefits from close proximity to other major occupiers, including HSBC, Halifax Bank, Lloyds Pharmacy and Spar.
Freehold.
The property forms part of an attractive parade in a prominent position on Market Street, the main retail thoroughfare of the town. The property benefits from close proximity to other major occupiers, including HSBC, Halifax Bank, Lloyds Pharmacy and Spar.
Freehold.
The property comprises a ground floor retail unit, with storage to the rear. In addition there are two upper floors comprising staff accommodation and ancillary storage.
VAT is applicable to this lot.
This property is being marketed on behalf of Gladstone Securities Limited (in administration) (“Seller”) acting by its joint administrators who act as agents of the seller without personal liability. No warranties or guarantees in any respect, including VAT, can be given by the Adminstrators. In particular, the special conditions will provide that no title guarantee can be given and there will be no warranty as to vacant possession. Potential purchasers are to rely entirely on their own enquiries. The Administrators are not bound to accept the highest or any offer and act as agent of the Seller and without personal liability.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor retail unit, with storage to the rear. In addition there are two upper floors comprising staff accommodation and ancillary storage.
VAT is applicable to this lot.
This property is being marketed on behalf of Gladstone Securities Limited (in administration) (“Seller”) acting by its joint administrators who act as agents of the seller without personal liability. No warranties or guarantees in any respect, including VAT, can be given by the Adminstrators. In particular, the special conditions will provide that no title guarantee can be given and there will be no warranty as to vacant possession. Potential purchasers are to rely entirely on their own enquiries. The Administrators are not bound to accept the highest or any offer and act as agent of the Seller and without personal liability.
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 Second |
Retail Ancillary Ancillary |
172.79 sq m 177.05 sq m 65.21 sq m |
(1,860 sq ft) (1,905 sq ft) (702 sq ft) |
SUPERDRUG STORES PLC |
15 years from 08/11/2004 (1) |
£35,000 |
08/05/2014 |
| Totals | 415.05 sq m |
(4,467 sq ft) |
£35,000 | ||||
(1) For the year ending 31st December 2011 Superdrug Stores plc reported a turnover of £1,049,128,000, a pre-tax profit of £5,517,000 and a total net worth of £124,652,000. (Source: www.riskdisk.com 12/09/2012)
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