Let to Toni & Guy (South East) Ltd (sublet with personal guarantee)
Prominent town centre location
Close to Quedam Shopping Centre
Nearby occupiers include Marks &Spencer, Superdrug, Caffè Nero, WH Smith, Greggs and Primark
Lot 37
Auction 14th February 2018
Rent £42,500 per Annum Exclusive
Status Sold
Price £530,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of a Major Institution
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 in the town centre, on the south side of the High Street close to its junction with Wine Street, some 50 metres south of the Quedam Shopping Centre.
Occupiers close by include Lloyds and HSBC (opposite), Superdrug (adjacent), Caffè Nero, WH Smith, Greggs, Primark, Barclays, Argos and Marks & Spencer.
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 in the town centre, on the south side of the High Street close to its junction with Wine Street, some 50 metres south of the Quedam Shopping Centre.
Occupiers close by include Lloyds and HSBC (opposite), Superdrug (adjacent), Caffè Nero, WH Smith, Greggs, Primark, Barclays, Argos and Marks & Spencer.
Tenure
Freehold.
Description
The property is arranged over ground and one upper floor to provide a ground floor hair salon with ancillary accommodation at first floor.
VAT
VAT is not 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 is arranged over ground and one upper floor to provide a ground floor hair salon with ancillary accommodation at first floor.
VAT
VAT is not 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 First
Retail/Ancillary Ancillary
129.00 sq m 77.50 sq m
(1,389 sq ft) (834 sq ft)
TONI & GUY (SOUTH EAST) LIMITED Sublet to Toni & Guy (Yeovil) Limited with personal guarantee (1)
15 years from 05/04/2005 on a full repairing and insuring lease
£42,500
04/04/2020
Total
206.50 sq m
(2,223 sq ft)
£42,500
(1) Toni & Guy are a multi award winning hairdressing brand with more than 485 salons across 48 countries (www.toniandguy.com).
Contacts
Seller's Solicitors
Wilkes Partnership 41 Church Street Birmingham B3 2RT
