Substantial Freehold Retail Investment
Substantial Freehold Retail Investment
Bridlington is an important commercial centre on the north-east coast, approximately 24 miles north of Hull and 40 miles north-east of York. Road communications are provided by the A165 and A164 which links to the M62, 40 miles to the south-west. The property is situated on the south side of the pedestrianised King Street, with access for deliveries from Queen Street at the rear, and is a short walk to Bridlington Harbour. Nearby retailers include Costa Cofee, The Works and various national banks.
Freehold.
Bridlington is an important commercial centre on the north-east coast, approximately 24 miles north of Hull and 40 miles north-east of York. Road communications are provided by the A165 and A164 which links to the M62, 40 miles to the south-west. The property is situated on the south side of the pedestrianised King Street, with access for deliveries from Queen Street at the rear, and is a short walk to Bridlington Harbour. Nearby retailers include Costa Cofee, The Works and various national banks.
Freehold.
The property comprises a three storey building, arranged as a large, double fronted shop facing King Street on ground floor with ancillary accommodation on first and second floors. The property benefits from rear loading access from Queen Street.
VAT is applicable to this lot.
Six Week Completion
Available from the legal pack at www.acuitus.co.uk.
The property comprises a three storey building, arranged as a large, double fronted shop facing King Street on ground floor with ancillary accommodation on first and second floors. The property benefits from rear loading access from Queen Street.
VAT is applicable to this lot.
Six Week Completion
Available from the legal pack at www.acuitus.co.uk.
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | |
|---|---|---|---|---|---|---|
| Ground First Second |
Retail/Ancillary Ancillary Ancillary |
303.10 sq m 276.20 sq m 163.00 sq m |
(3,263 sq ft) (2,973 sq ft) (1,755 sq ft)) |
SUPERDRUG STORES PLC (1) |
5 years from 14/03/2017 on a full repairing and insuring lease |
£40,000 |
| Total |
742.30 sq m |
(7,991 sq ft) |
£40,000 | |||
(1) For the year ending 29th December 2018, Superdrug Stores Plc reported a turnover of 1,283,161,000, pre-tax profits of 88,339,000 and shareholders funds of 319,052,000 (source: SmartSearch 22/07/2020).
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.
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