Freehold Retail Investment
Freehold Retail Investment
The property is situated on the western side of Agincourt Square, within the town centre. Nearby occupiers include Barclays, HSBC, Yorkshire Building Society and Iceland.
Freehold.
The property is situated on the western side of Agincourt Square, within the town centre. Nearby occupiers include Barclays, HSBC, Yorkshire Building Society and Iceland.
Freehold.
The property comprises two ground floor retail units with ancillary accommodation on first floor.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises two ground floor retail units with ancillary accommodation on first floor.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review/(Reversion) | |
|---|---|---|---|---|---|---|---|---|
| 20 |
Ground First |
Retail Ancillary |
97.90 sq m 33.20 sq m |
(1,054 sq ft) (357 sq ft) |
CANCER RESEARCH UK (1) | 25 years from 19/02/1991 | £22,770 | (18/02/2016) |
| 21 | Ground First |
Retail Ancillary |
48.60 sq m 55.30 sq m |
(523 sq ft) (595 sq ft) |
HAYES SALES AND LETTING LIMITED (2) |
10 years from 30/10/2012 (3) | £16,000 | 30/10/2017 (29/10/2022) |
| Totals | 235.00 sq m |
(2,529 sq ft) |
£38,770 | |||||
(1) Cancer Research UK is the UK’s leading cancer charity. They fund world-class research into all aspects of cancer, providing information and influencing public policy. Cancer Research UK run over 550 shop across the UK. (Source: www.cancerresearchuk.org 07/06/2013)
(2)Opened in 2004, Hayes Estate Agents trades from two branches and covers property in Herefordshire, Worcestershire, Gloucestershire, Monmouthshire and Shropshire, also specialising in equine properties(Source: www.hayesgb.com 11/06/2013)
(3)The lease provides a tenant option to determine on the fifth anniversary of the term on providing 6 months’ notice.
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