Freehold Retail Investment
Freehold Retail Investment
The property occupies a prominent corner pitch on the western side of Mill Street, at its junction with Exchange Street. Other occupiers on Mill Street include Marks & Spencer, JD Sports, Iceland, WHSmith, Superdrug and Burton, with Tesco Metro also located nearby. The Grosvenor Shopping Centre is located nearby housing occupiers including Boots the Chemist, Costa Coffee and Clarks, whilst also providing car parking for approximately 340 cars.
Freehold.
The property occupies a prominent corner pitch on the western side of Mill Street, at its junction with Exchange Street. Other occupiers on Mill Street include Marks & Spencer, JD Sports, Iceland, WHSmith, Superdrug and Burton, with Tesco Metro also located nearby. The Grosvenor Shopping Centre is located nearby housing occupiers including Boots the Chemist, Costa Coffee and Clarks, whilst also providing car parking for approximately 340 cars.
Freehold.
The property comprises a large ground floor shop with ancillary accommodation on the first floor.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a large ground floor shop with ancillary accommodation on the first floor.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | |
|---|---|---|---|---|---|---|
| Ground First |
Retail/Ancillary Ancillary |
258.28 sq m 280.10 sq m |
(2,780 sq ft) (3,015 sq ft) |
NATIONAL COUNCIL OF YOUNG MEN'S CHRISTIAN ASSOCIATIONS t/a YMCA (1) |
5 years from 23/06/2015 on a full repairing and insuring lease |
£50,000 |
| Total |
538.35 sq m |
(5,795 sq ft) |
£50,000 | |||
(1) YMCA is the oldest and largest youth charity in the world. They operate more than 90 shops in the UK, supporting over 220,000 people in England and Wales (Source: www.ymca.org.uk 08/06/2018).
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