Other nearby occupiers include M&S Foodhall, Primark, Boots the Chemist, Superdrug, Wagamama's and Burger King
Lot 30
Auction 21st September 2023
Rent £25,000 per Annum Exclusive
Status Sold
Price £200,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
12 miles north-east of Cardiff
Roads
A48, A449, A4042, M4
Rail
Newport Railway Station
Air
Cardiff Airport
Situation
The property is situated in the heart of the town centre on the pedestrianised Commercial Street, opposite Austin Friars, which leads to Friars Walk Shopping Centre. The property is adjacent to Iceland Supermarket and Waterstones with other nearby occupiers include M&S Foodhall, Primark, Boots the Chemist, Superdrug, Wagamama's and Burger King.
Tenure
Freehold.
Location
Miles
12 miles north-east of Cardiff
Roads
A48, A449, A4042, M4
Rail
Newport Railway Station
Air
Cardiff Airport
Situation
The property is situated in the heart of the town centre on the pedestrianised Commercial Street, opposite Austin Friars, which leads to Friars Walk Shopping Centre. The property is adjacent to Iceland Supermarket and Waterstones with other nearby occupiers include M&S Foodhall, Primark, Boots the Chemist, Superdrug, Wagamama's and Burger King.
Tenure
Freehold.
Description
The property comprises a shop arranged on the ground, basement, first, second and third floors.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band D
Description
The property comprises a shop arranged on the ground, basement, first, second and third floors.
10 years from 06/12/2016 on a full repairing and insuring lease
£25,000 (2)
Total
221.23
(4,276)
£25,000
(1) 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) (2) The rent was reduced in 2021 from £41,500 p.a.x. in return for the tenant not exercising their break option.
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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