High Yielding Freehold Retail Investment
High Yielding Freehold Retail Investment
Felixstowe is a popular and attractive Suffolk port town and home to the UK's largest container port. The property is situated in prime trading position on the east side of Hamilton Road in the town's busy retailing thoroughfare. Nearby retailers Include Tesco Express, Iceland, Caffè Nero, Costa, Boots the Chemist, Superdrug and WHSmith.
Freehold.
Felixstowe is a popular and attractive Suffolk port town and home to the UK's largest container port. The property is situated in prime trading position on the east side of Hamilton Road in the town's busy retailing thoroughfare. Nearby retailers Include Tesco Express, Iceland, Caffè Nero, Costa, Boots the Chemist, Superdrug and WHSmith.
Freehold.
The property comprises a shop arranged over the ground, first and second floors.
VAT is applicable to this lot.
Six Week Completion
See Legal Pack
The property comprises a shop arranged over the ground, first and second floors.
VAT is applicable to this lot.
Six Week Completion
See Legal Pack
| Floor | Use | Floor Areas Approx sq m (1) |
Floor Areas Approx sq ft (1) |
Tenant | Term | Rent p.a.x. |
|---|---|---|---|---|---|---|
| Ground First Second |
Retail Ancillary Ancillary |
94.90 51.30 24.10 |
(1,021) (552) (259) |
BRITISH HEART FOUNDATION (2) | 10 years from 18/09/2014 on a full repairing and insuring lease | £23,500 |
| Total | 170.30 |
(1,832) |
£23,500 |
(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) The British Heart Foundation is a cardiovascular research charity that funds medical research related to heart and circulatory diseases and their risk factors, and runs influencing work aimed at shaping public policy and raising awareness. They have been established since 1961 and trade from over 600 stores across the UK (www.bhf.org.uk)
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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