71 / 73 High Street Dumbarton Dunbartonshire G82 1LS

  • 71 / 73 High Street<br>Dumbarton<br>Dunbartonshire<br>G82 1LS

71 / 73 High Street
Dumbarton
Dunbartonshire
G82 1LS

Heritable Retail Investment

  • Let to Boots UK Limited
  • Tenant in occupation for over 30 years
  • Lease recently extended until 2021
  • Well located opposite the Artizan Shopping Centre in Dumbarton
  • Nearby occupiers include New Look, Costa, Greggs, Holland & Barrett and Specsavers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    119
  • Auction
    13th October 2016
  • Rent
    £27,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £370,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of KPMG as Joint Liquidators
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Heritable Retail Investment

  • Let to Boots UK Limited
  • Tenant in occupation for over 30 years
  • Lease recently extended until 2021
  • Well located opposite the Artizan Shopping Centre in Dumbarton
  • Nearby occupiers include New Look, Costa, Greggs, Holland & Barrett and Specsavers
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 119
  • Auction 13th October 2016
  • Rent £27,000 per Annum Exclusive
  • Status Sold
  • Price £370,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of KPMG as Joint Liquidators

Property Information

Location
Miles
14 miles north-west of Glasgow, 33 miles south-west of Stirling, 58 west of Edinburgh
Roads
A814, A82, M898
Rail
Dumbarton Central Railway Station (30 minutes to Glasgow Queen Street Station)
Air
Glasgow International Airport
Situation

Dumbarton is a popular commuter town just 14 miles north-west of Glasgow. The property is located on the south side of the High Street directly opposite the Artizan Shopping Centre, which houses retailers including Poundland, Sports Direct, New Look and Specsavers. Other nearby occupiers include Costa, Greggs and Holland & Barrett. The High Street forms part of the main bus route through the town.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Location
Miles
14 miles north-west of Glasgow, 33 miles south-west of Stirling, 58 west of Edinburgh
Roads
A814, A82, M898
Rail
Dumbarton Central Railway Station (30 minutes to Glasgow Queen Street Station)
Air
Glasgow International Airport
Situation

Dumbarton is a popular commuter town just 14 miles north-west of Glasgow. The property is located on the south side of the High Street directly opposite the Artizan Shopping Centre, which houses retailers including Poundland, Sports Direct, New Look and Specsavers. Other nearby occupiers include Costa, Greggs and Holland & Barrett. The High Street forms part of the main bus route through the town.

Tenure

Heritable. (Scottish equivalent of English Freehold).

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint Liquidators 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 Liquidators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Liquidators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint Liquidators 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 Liquidators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Liquidators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

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		 Retail/Ancillary
Ancillary		 259.20 sq m
220.36 sq m		 (2,790 sq ft)
(2,372 sq ft)		 BOOTS UK
LIMITED (1)		 41 years from 28/04/1980 on
a full repairing and insuring lease		 £27,000 27/04/2021
Totals   479.56 sq m (5,162 sq ft)     £27,000  

(1) Boots have been trading for 165 years and have 1,100 stores throughout the UK in high street locations. According to Boots, over 90% of the UK population is within 10 minutes of a Boots store. Boots employ over 60,000 people of whom around 6,600 are pharmacists (Source www.boots-uk.com). For the year ending 31st August 2015, Boots UK Limited reported a turnover of £9,198,000,000, pre-tax profits of £542,000,000 and a net worth of £367,000,000. (Source: Experian Group 15/09/2016)

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
CMS Cameron McKenna LLP 191 West George Street
Glasgow
Scotland
G2 2LD
Scott Allison 0141 304 6195scott.allison@cms-cmck.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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