Freehold Retail Investment
Freehold Retail Investment
The property is located on the south side of the pedestrianised Norfolk Street, a busy retailing thoroughfare and close to its junctions of Broad Street and Chapel Street. Neighbouring occupiers include Vodafone, The Works, Holland & Barrett, Specsavers, WH Smith and Waterstones.
Freehold.
The property is located on the south side of the pedestrianised Norfolk Street, a busy retailing thoroughfare and close to its junctions of Broad Street and Chapel Street. Neighbouring occupiers include Vodafone, The Works, Holland & Barrett, Specsavers, WH Smith and Waterstones.
Freehold.
The property comprises ground floor retail accommodation and first floor ancillary accommodation.
VAT is applicable to this lot.
Six week completion
Band C.
The property comprises ground floor retail accommodation and first floor ancillary accommodation.
VAT is applicable to this lot.
Six week completion
Band C.
| Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. | Review/(Reversion) |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
160.70 sq m 137.70 sq m |
(1,729 sq ft) (1,482 sq ft) |
VETERANS AT EASE LIMITED (CRN 07527322) (1) (3) |
10 years from 16/02/2022 until 2032 |
£20,833.33 |
16/02/2027 (15/02/2032) |
| Total Approximate Floor Area |
298.40 sq m |
(3,211 sq ft) (2) |
£20,833.33 |
(1) Veterans at Ease Limited (CRN 07527322) was incorporated in 2011 and is a registered charity (1140832) and operate from 5 charity shops nationwide (www.veteransatease.org).
(2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
(3) The Landlord is holding a rent deposit of £6,250.
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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