Let to Sassy & Boo Limited with personal guarantee
New 5 year lease from 22/07/22 (subject to option)
Recently renovated and refurbished building
Neighbouring occupiers include Rick Stein's, Waitrose, Boots the Chemist, Caffè Nero. Pizza Express and Ask Italian
Affluent and Historic Market Town
Lot 2
Auction 3rd November 2022
Rent £35,000 per Annum Exclusive
Status Sold
Price £475,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
18 miles west of Newbury, 31 miles east of Bath
Roads
A346, A4, M4 (Junction 15)
Rail
Pewsey Rail Station, Bedwyn Rail Station
Air
Bristol Airport
Situation
Marlborough is an affluent market town located in the North Wessex Downs, home to the famous Marlborough College. The property is prominently situated on High Street, where nearby retailers include Rick Stein's, Waitrose, Boots the Chemist, Caffè Nero. Pizza Express and Ask Italian. The High Street provides on street car parking for approximately 100 cars.
Tenure
Freehold.
Location
Miles
18 miles west of Newbury, 31 miles east of Bath
Roads
A346, A4, M4 (Junction 15)
Rail
Pewsey Rail Station, Bedwyn Rail Station
Air
Bristol Airport
Situation
Marlborough is an affluent market town located in the North Wessex Downs, home to the famous Marlborough College. The property is prominently situated on High Street, where nearby retailers include Rick Stein's, Waitrose, Boots the Chemist, Caffè Nero. Pizza Express and Ask Italian. The High Street provides on street car parking for approximately 100 cars.
Tenure
Freehold.
Description
The property comprises a ground floor shop with first floor ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D
Description
The property comprises a ground floor shop with first floor ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
Ground First
Retail Ancillary
63.82 31.28
(689) (337)
SASSY & BOO LIMITED with a personal guarantee (2)
5 years from 22/02/2022 on a full repairing and insuring lease (3)
£35,000
Total
95.10
(1,024)
£35,000
(1) Areas provided by VOA (www.gov.uk/business-rates) (2) Sassy & Boo Limited operate in 7 other shops across the UK, including branches in Bath, Woodstock, Bradford-upon-Avon, Cirencester, Frome, Malmesbuury, and Tetbury (www.luellafashion.com/sassy) (3) The lease is subject to a tenant option to determine on 22/07/2025
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.
