90 High Street Annan Dumfries and Galloway DG12 6DJ

90 High Street
Annan
Dumfries and Galloway
DG12 6DJ

Heritable Retail Investment

Let to Superdrug Store Plc (t/a Savers Health & Beauty) until 2020 (subject to option)
Prominent position on High Street
Nearby occupiers include Boots, Thomas Cook and William Hill
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
56
Auction
8th December 2016
Rent
£9,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of a Major Fund Manager

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Heritable Retail Investment

Let to Superdrug Store Plc (t/a Savers Health & Beauty) until 2020 (subject to option)
Prominent position on High Street
Nearby occupiers include Boots, Thomas Cook and William Hill
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 56
Auction 8th December 2016
Rent £9,000 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of a Major Fund Manager

Property Information

Location

Miles: 16 miles south east of Dumfries, 18 miles north west of Carlisle
Roads: B721, A75, A74 (M) (Juction 22)
Rail: Annan Rail
Air: Carlisle Airport

Situation

Annan is a popular town in south west Scotland 8.5 miles from the English border. The property is situated on the northern side of the High Street which is home to occupiers including Boots, Thomas Cook and William Hill.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location

Miles: 16 miles south east of Dumfries, 18 miles north west of Carlisle
Roads: B721, A75, A74 (M) (Juction 22)
Rail: Annan Rail
Air: Carlisle Airport

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a ground floor retail unit which forms part of a larger building.

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 a ground floor retail unit which forms part of a larger building.

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.	Reversion
Ground	Retail	256.78 sq m	(2,764 sq ft)	SUPERDRUG STORES PLC (1) (t/a Savers Health & Beauty)	5 years from 09/10/2015 (3)	£9,000	10/10/2020
Total		256.78 sq m	(2,764 sq ft)			£9,000

(1) For the year ending 26 Dec 2015, Superdrug Stores Plc reported a turnover of £1,105,002,000, pre-tax profits of £56,842,000 and a total net worth of £50,149,000. (Source: Experian Group 09/11/2016)
(2) Savers currently have 300 stores trading throughout England, Wales, Scotland and Northern Ireland with over 3,000 colleagues working for the company. Savers and Superdrug are part of the A.S. Watson group which is the largest international health and beauty retailer in Asia and Europe with over 12,800 stores in 25 markets. (Source: www.aswatson.com 09/11/2016)
(3) The lease provides an option to determine on 10/10/2018.