High Yielding Freehold Retail Investment
High Yielding Freehold Retail Investment
The property is located in the heart of the town centre and forms part of the prime pedestrianised thoroughfare of Bridge Street, opposite an entrance to Priory Shopping Centre. Nearby retailers include B&M, Superdrug, Iceland, JD Sports and Costa Coffee.
Freehold.
The property is located in the heart of the town centre and forms part of the prime pedestrianised thoroughfare of Bridge Street, opposite an entrance to Priory Shopping Centre. Nearby retailers include B&M, Superdrug, Iceland, JD Sports and Costa Coffee.
Freehold.
The property comprises a shop arranged on the ground and first floors.
VAT is not applicable to this lot.
Six Week Completion
See Legal Pack
The property comprises a shop arranged on the ground and first floors.
VAT is not 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 |
Retail/Ancillary Ancillary |
95.24 41.10 |
(1,025) (442) |
TUI UK RETAIL LIMITED (2) (t/a Tui) | 10 years from 13/07/2012 (Holding Over) on a full repairing and insuring lease | £20,000 |
| Total | 136.34 |
(1,467) |
£20,000 |
(1) Areas provided by VOA (www.tax.service.gov.uk/business-rates)
(2) TUI UK Retail Limited are one of the largest UK holiday companies that have been established since 1923 and currently trade from over 300 stores across the UK (www.tui.co.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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