6 Adare Street Bridgend Mid Glamorgan CF31 1EJ

6 Adare Street
Bridgend
Mid Glamorgan
CF31 1EJ

Freehold Retail Investment

Let to Thomas Cook Retail Limited
Prime pedestrianised town centre location
Some 35 metres from the Rhiw Shopping Centre
Nearby occupiers include Boots the Chemist, New Look, Holland & Barrett and Superdrug
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
62
Auction
11th February 2016
Rent
£45,000 per Annum Exclusive
Status
Sold
Price
£335,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of Joint LPA Receivers Savills

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Freehold Retail Investment

Let to Thomas Cook Retail Limited
Prime pedestrianised town centre location
Some 35 metres from the Rhiw Shopping Centre
Nearby occupiers include Boots the Chemist, New Look, Holland & Barrett and Superdrug
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 62
Auction 11th February 2016
Rent £45,000 per Annum Exclusive
Status Sold
Price £335,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of Joint LPA Receivers Savills

Property Information

Location

Miles: 20 miles west of Cardiff, 22 miles south-east of Swansea
Roads: M4 (Junction 36), A48, A473
Rail: Bridgend Railway Station
Air: Cardiff Airport

Situation

The property is situated on the eastern side of pedestrianised Adare Street, the prime pedestrianised retail thoroughfare in Bridgend town centre. The Rhiw Shopping Centre is some 35 metres away and nearby occupiers include Boots the Chemist, New Look, Holland & Barrett and Superdrug.

Tenure

Freehold.

Location

Miles: 20 miles west of Cardiff, 22 miles south-east of Swansea
Roads: M4 (Junction 36), A48, A473
Rail: Bridgend Railway Station
Air: Cardiff Airport

Situation

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor with ancillary accommodation on the first and second floors. The property benefits from rear access off Elder Street.

Note
This property is being marketed for sale on behalf of Joint Law of
Property Act Receivers and therefore no warranties or guarantees in
any respect, including VAT, can be given. The information in these
particulars has been provided by the Joint Law of Property Act
Receivers to the best of their knowledge but the purchaser must
rely solely upon their own enquiries. The Joint Law of Property Act
Receivers are not bound to accept the highest or any offer and are
acting in respect of this sale without personal liability.

Six Week Completion

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is 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 Second	Retail Ancillary Ancillary	87.75 sq m 92.90 sq m Not Measured	(945 sq ft) (1,000 sq ft)	THOMAS COOK RETAIL LIMITED (1)	15 years from 25/03/2004 on a full repairing and insuring lease	£45,000	24/03/2019
Totals		180.65 sq m	(1,945 sq ft)			£45,000

1) Thomas Cook is one of the world’s leading leisure travel groups, with sales of over £9 billion and more than 20 million customers, operating from 17 countries. (Source: www.thomascook.com)