Heritable Retail Investment
Heritable Retail Investment
Selkirk is a historic and attractive market town in the Scottish Borders. The property is situated on the north side of the High Street, the town's principal retail thoroughfare. Nearby occupiers include The Co-Operative Food, Post Office and RBS.
Heritable. (Scottish equivalent to English Freehold)
Selkirk is a historic and attractive market town in the Scottish Borders. The property is situated on the north side of the High Street, the town's principal retail thoroughfare. Nearby occupiers include The Co-Operative Food, Post Office and RBS.
Heritable. (Scottish equivalent to English Freehold)
The property is a well established supermarket building comprising ground floor retail accommodation and ancillary accommodation on the first floor. The property benefits from 24 car parking spaces and an approximate site area of 0.15 hectares (0.37 acres) and approximate site coverage of 26%.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property is a well established supermarket building comprising ground floor retail accommodation and ancillary accommodation on the first floor. The property benefits from 24 car parking spaces and an approximate site area of 0.15 hectares (0.37 acres) and approximate site coverage of 26%.
VAT is not 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 First |
Retail Ancillary |
365.40 sq m 369.60 sq m |
(3,933 sq ft) (3,978 sq ft) |
SAINSBURY’S SUPERMARKETS LIMITED (1) |
15 years from 11/05/2009 until 2024 |
£50,000 |
2014 and 2019 |
| Totals | 735.00 sq m |
(7,911 sq ft) |
£50,000 | ||||
(1) For the year ending 19th March 2011, Sainsbury's Supermarkets Limited reported a turnover of £21,100,000,000, pre-tax profits of £775,000,000 and a total net worth of £3,920,000,000. (Source: www.riskdisk.com 01/11/2011)
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