48 Middle Street Yeovil Somerset BA20 1LX

  • 48 Middle Street<br>Yeovil<br>Somerset<br>BA20 1LX

48 Middle Street
Yeovil
Somerset
BA20 1LX

Freehold Retail Investment

  • Let to Edinburgh Woollen Mill Limited (The)
  • Prominent Pedestrianised Town Centre Location
  • 50 metres south of the Quedam Shopping Centre
  • Neighbouring occupiers include Boots the Chemist, Waterstones, Specsavers and Nationwide
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    44
  • Auction
    8th December 2016
  • Rent
    £70,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Retail Investment

  • Let to Edinburgh Woollen Mill Limited (The)
  • Prominent Pedestrianised Town Centre Location
  • 50 metres south of the Quedam Shopping Centre
  • Neighbouring occupiers include Boots the Chemist, Waterstones, Specsavers and Nationwide
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 44
  • Auction 8th December 2016
  • Rent £70,000 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
42 miles south of Bristol, 25 miles east of Taunton, 41 miles north-east of Exeter
Roads
A30, A303, M5 (Junction 25)
Rail
Yeovil Junction (Direct to London Waterloo)
Air
Bristol Airport
Situation

The property is situated in a prominent position on the south side of pedestrianised Middle Street in the heart of the town centre and some 50 metres south of the Quedam Shopping Centre whose occupiers include River Island, New Look, Laura Ashley and M&S. Other neighbouring occupiers include Boots the Chemist, Waterstones, Specsavers and Nationwide.

Tenure

Freehold.

Location
Miles
42 miles south of Bristol, 25 miles east of Taunton, 41 miles north-east of Exeter
Roads
A30, A303, M5 (Junction 25)
Rail
Yeovil Junction (Direct to London Waterloo)
Air
Bristol Airport
Situation

The property is situated in a prominent position on the south side of pedestrianised Middle Street in the heart of the town centre and some 50 metres south of the Quedam Shopping Centre whose occupiers include River Island, New Look, Laura Ashley and M&S. Other neighbouring occupiers include Boots the Chemist, Waterstones, Specsavers and Nationwide.

Tenure

Freehold.

Description

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

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

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

VAT

VAT is applicable to this lot.

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. Reviews/(Reversion)
Ground
First		 Retail
Ancillary
186.50 sq m
50.70 sq m
(2,008 sq ft)
(546 sq ft)
 EDINBURGH WOOLLEN MILL
LIMITED (THE) (1)		 15 years from 30/09/2006 on
a full repairing
& insuring lease		 £70,000 29/09/2016
(29/09/2021)
Total  
237.20 sq m
(2,553 sq ft)
     £70,000  

(1) For the year ending 1st March 2014, Edinburgh Woollen Mill Limited (The) reported a turnover of £168,462,000, pre-tax profits of £26,219,000 and a total net worth of £105,227,000. (Source: www.riskdisk.com 27/10/2016).

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
AMT Lawyers 436 Barlow Moor Road, Chorlton
Manchester
M21 0AB
Yasar Kaushal 0161 881 4738yasar.kaushal@amtlawyers.co.uk

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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