10/10A High Street Market Harborough Leicestershire LE16 7NJ

10/10A High Street
Market Harborough
Leicestershire
LE16 7NJ

Freehold Retail & Office Investment in Prime Town Centre Location

Ground floor let to Monsoon Accessorize Ltd
Well configured recently redeveloped retail unit
Prime trading position in sought after market town
Nearby occupiers include W H Smith, HSBC, Dorothy Perkins and Clinton Cards
Six Week Completion Period Available

Lot
5
Auction
18th October 2011
Rent
£90,000 per Annum Exclusive
Status
Sold
Price
£1,000,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Important Update Interested?

Expand
Photos
Map

Freehold Retail & Office Investment in Prime Town Centre Location

Ground floor let to Monsoon Accessorize Ltd
Well configured recently redeveloped retail unit
Prime trading position in sought after market town
Nearby occupiers include W H Smith, HSBC, Dorothy Perkins and Clinton Cards
Six Week Completion Period Available

Lot 5
Auction 18th October 2011
Rent £90,000 per Annum Exclusive
Status Sold
Price £1,000,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 14 miles south-east of Leicester, 18 miles north of Northampton, 52 miles east of Birmingham
Roads: A508, A14, M1 (Junction 19)
Rail: Market Harborough Mainline Railway Station , (direct to London St Pancras)
Air: Birmingham International Airport

Situation

The property is situated in a prime position in the town centre and benefits from a prominent frontage to High Street, Market Harborough's principal retail location.

Tenure

Freehold.

Location

Miles: 14 miles south-east of Leicester, 18 miles north of Northampton, 52 miles east of Birmingham
Roads: A508, A14, M1 (Junction 19)
Rail: Market Harborough Mainline Railway Station , (direct to London St Pancras)
Air: Birmingham International Airport

Situation

The property is situated in a prime position in the town centre and benefits from a prominent frontage to High Street, Market Harborough's principal retail location.

Tenure

Freehold.

Description

The property was redeveloped in 2009 to provide a modern, well configured retail unit for Monsoon's occupation. The ground floor provides sales and ancillary accommodation while the first floor comprises self-contained office accommodation that is not currently occupied.

VAT

VAT is applicable to this lot.

EPC

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

Description

VAT

VAT is applicable to this lot.

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	Retail/ Ancillary	290.32 sq m	(3,125 sq ft)	MONSOON ACCESSORIZE LIMITED (1)	10 years from 02/12/2009 on a full repairing and insuring lease	£90,000	02/12/2014 (02/12/2019)
First	Office	67.26 sq m	(724 sq ft)	VACANT POSSESSION
Totals		357.58 sq m	(3,849 sq ft)			£90,000

(1) For the year ending 28th August 2010, Monsoon Accessorize Limited reported a turnover of £561,749,218, pre-tax profits of £98,225,288 and a net worth of £130,331,400. (Source: www.riskdisk.com 22/09/2011)