Freehold Retail Convenience Store Investment
Freehold Retail Convenience Store Investment
The property is prominently located within the town centre on the north side of Alverton Street. Nearby occupiers include NatWest, HSBC, Clarks, Burton and JD Wetherspoon.
Freehold.
The property is prominently located within the town centre on the north side of Alverton Street. Nearby occupiers include NatWest, HSBC, Clarks, Burton and JD Wetherspoon.
Freehold.
The property comprises retail accommodation on the ground floor and ancillary accommodation on the first floor. The property benefits from separate access to 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 retail accommodation on the ground floor and ancillary accommodation on the first floor. The property benefits from separate access to 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 | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
231.54 sq m 165.11 sq m |
(2,493 sq ft) (1,777 sq ft) |
MARTIN McCOLL LIMITED t/a McColl’s Convenience Store (1) |
15 years from 21/11/2006 on a full repairing and insuring lease |
£32,000 | 20/11/2021 |
| Total |
396.65 sq m |
(4,270 sq ft) |
£32,000 | ||||
(1) Martin McColl Ltd was incorporated in 1935 and for the year ending 27th November 2016, Martin McColl Limited reported a turnover of £518,736,000, a pre-tax profit of £25,631,000 and a total net worth of £111,606,000 (Source: Experian Group 4/06/2018).
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