Freehold Retail and Office Investment
Freehold Retail and Office Investment
The property is well situated within the city centre on the pedestrianised Long
Row, opposite the Old Market Square. Nearby occupiers include Debenhams,
Pizza Hut, Primark and Ladbrokes.
Freehold.
The property is well situated within the city centre on the pedestrianised Long
Row, opposite the Old Market Square. Nearby occupiers include Debenhams,
Pizza Hut, Primark and Ladbrokes.
Freehold.
The property comprises a ground floor retail unit with basement storage and self-contained office accommodation on the first, second and third floors, accessed from Long Row.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor retail unit with basement storage and self-contained office accommodation on the first, second and third floors, accessed from Long Row.
VAT is 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 | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground Basement First Second Third |
Retail Ancillary Office Office Office |
231.20 sq m 252.60 sq m 243.90 sq m 100.30 sq m 78.60 sq m |
(2,488 sq ft) (2,718 sq ft) (2,625 sq ft) (1,080 sq ft) (846 sq ft) |
SCHUH LIMITED (1) (2) |
25 years from 24/06/1991 | £167,500 | 23/06/2016 |
| Totals | 906.60 sq m |
(9,757 sq ft) |
£167,500 | ||||
(1) For the year ending 2nd February 2013, Schuh Limited reported a turnover of £232,986,000, pre-tax profits of £25,634,000 and a total net worth of £77,358,000. (Source: www.riskdisk.com 18/09/2014)
(2)The first floor office accommodation has been sublet to Manpower plc.
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