15-17 Bell Street Henley-on-Thames Oxfordshire RG9 2BA

15-17 Bell Street
Henley-on-Thames
Oxfordshire
RG9 2BA

Prime Freehold Retail (and Ground Rent) Investment

Retail let to Paperchase Products Limited until November 2022
Important Rent Review in November 2017
Nearby retailers include Waitrose Supermarket, Boots the Chemist, Starbucks, Fat Face, Maison Blanc and Sainsbury’s Local
Affluent and Historic Oxfordshire town – home of the Henley Royal Regatta
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
8
Auction
23rd March 2016
Rent
£75,450 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Prime Freehold Retail (and Ground Rent) Investment

Retail let to Paperchase Products Limited until November 2022
Important Rent Review in November 2017
Nearby retailers include Waitrose Supermarket, Boots the Chemist, Starbucks, Fat Face, Maison Blanc and Sainsbury’s Local
Affluent and Historic Oxfordshire town – home of the Henley Royal Regatta
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 8
Auction 23rd March 2016
Rent £75,450 per Annum Exclusive
Status Sold Post
Price
Sector
High Street Retail
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 8 miles north-east of Reading, 23 miles south-east of Oxford, 36 miles west of Central London
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames Railway Station
Air: Heathrow Airport

Situation

The property is situated in a prime retailing pitch on the western side of Bell Street, just north of its intersection with Market Place, Hart Street and Duke Street. Surrounding occupiers include Waitrose Supermarket, Maison Blanc, Zizzi, Joules, WH Smith, Boots the Chemist, Patisserie Valerie, Loch Fyne Restaurant and the adjoining Sainsbury’s.

Tenure

Freehold.

Location

Miles: 8 miles north-east of Reading, 23 miles south-east of Oxford, 36 miles west of Central London
Roads: A4, A404, A4130, M4, M40
Rail: Henley-on-Thames Railway Station
Air: Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop with self-contained accommodation (let on a long lease) on the first and second floors.

Six Week Completion

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises a ground floor shop with self-contained accommodation (let on a long lease) on the first and second floors.

Six Week Completion

VAT

VAT is not 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	Review/(Reversion)
Ground	Retail/ Ancillary	198.28 sq m	(2,134 sq ft)	PAPERCHASE PRODUCTS LIMITED (1)	10 years from 07/11/2012	£75,000	07/11/2017 (06/11/2022)
First and Second	Ancillary	–	–	CHESTERTON COMMERCIAL HOLDINGS LIMITED	199 years from completion	£450	–
Total Commercial Area		198.28 sq m	(2,134 sq ft)			£75,450

(1) For the year ending 31st January 2015, Paperchase Products Limited reported a turnover of £102,626,000, pre-tax profits of £3,577,000 and a total net worth of £23,687,000 (Source: Experian Group 14/01/2016). Paperchase trade from over 130 stores in the UK, with 30 sites across Ireland, Netherlands, Denmark, France, Germany and the Middle East. (Source: www.paperchase.co.uk 15/01/2016)