High Yielding Freehold Retail Investment
High Yielding Freehold Retail Investment
The property is situated on the northern side of King Street, the prime pedestrianised retailing pitch. There is a large car park to the rear of the property for approximately 40 cars. Nearby retailers include Iceland, Poundland, The Works, Boots Pharmacy, Costa, Subway, Domino's and JD Wetherspoon.
Freehold.
The property is situated on the northern side of King Street, the prime pedestrianised retailing pitch. There is a large car park to the rear of the property for approximately 40 cars. Nearby retailers include Iceland, Poundland, The Works, Boots Pharmacy, Costa, Subway, Domino's and JD Wetherspoon.
Freehold.
The property comprises a shop arranged on the ground and first floors.
VAT is applicable to this lot.
Six Week Completion
See Legal Pack
The property comprises a shop arranged on the ground and first 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 Mezzanine First |
Retail/Ancillary Retail Ancillary |
341.48 8.50 273.40 |
(3,676) (91) (2,943) |
SUPERDRUG STORES PLC (2) | 5 years from 19/08/2020 on a full repairing and insuring lease | £41,000 |
| Total | 623.38 |
(6,710) |
£41,000 |
(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) For the year ending 31st December 2022, Superdrug Stores Plc reported a turnover of £1,366,924,000, a pre-tax profit of £77,763,000 and a net worth of £210,245,000 (www.northrow.com)
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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