Attractive Freehold Retail Investment
Attractive Freehold Retail Investment
The property is situated in a prominent trading position in the heart of the town centre, on the west side of High Street close to an entrance to the Daniel Owen Shopping Centre, where occupiers include Argos, Oxfam, Peacocks, Vision Express and Poundstretcher. Nearby occupiers on High Street include Lloyds Bank, WHSmith, Boots, Superdrug, Costa, Specsavers, HSBC and Greggs.
Freehold.
The property is situated in a prominent trading position in the heart of the town centre, on the west side of High Street close to an entrance to the Daniel Owen Shopping Centre, where occupiers include Argos, Oxfam, Peacocks, Vision Express and Poundstretcher. Nearby occupiers on High Street include Lloyds Bank, WHSmith, Boots, Superdrug, Costa, Specsavers, HSBC and Greggs.
Freehold.
The property comprises ground floor retail accommodation with ancillary accommodation on part first floor. The remainder of the first floor comprises a 2 bedroom flat not currently used.
VAT is not applicable to this lot.
Band D. See legal pack at acuitus.co.uk
The property comprises ground floor retail accommodation with ancillary accommodation on part first floor. The remainder of the first floor comprises a 2 bedroom flat not currently used.
VAT is not applicable to this lot.
Band D. See legal pack at acuitus.co.uk
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
202 sq m 42 sq m |
(2,174 sq ft) (452 sq ft) |
BARNARDO’S (2) | 10 years from 11/10/2019 expiring 10/10/2029 on a full repairing and insuring lease (1) (3) (5) |
£40,000 (4) | 11/10/2024 |
| First |
2 bedroom flat |
||||||
(1) Subject to a tenant's option to determine in the 5th year upon 6 months' written notice.
(2) Barnado's has over 10,000 volunteers in its 700 shops (Source: www.barnardos.org.uk).
(3) Front section of the first floor is subject to a schedule of condition.
(4) The tenant has a 6 month & 2 week rent free period. The Seller will adjust completion monies so that the property effectively produces £40,000 per annum from completion of the sale.
(5) The tenant is currently undertaking fit out works.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
