City Centre Retail Investment
City Centre Retail Investment
The property is situated in a strong retailing position on the west side Bridlesmith Gate at it's junction of St Peters Gate. Bridlesmith Gate is home to designer fashion boutique stores including Boss, Jack Wills and Ted Baker, and forms a continuation of the thoroughfare running from the Victoria Centre in the north to the Broadmarsh Centre in the south. Neighbouring occupiers include Omega, Goldsmiths, Berry's Jewellers, Kiehl's, The White Company, Waterstones, Molton Brown and Lacoste.
Virtual Freehold. Held for a term of 999 years from 24th May 2024 at a peppercorn rent.
The property is situated in a strong retailing position on the west side Bridlesmith Gate at it's junction of St Peters Gate. Bridlesmith Gate is home to designer fashion boutique stores including Boss, Jack Wills and Ted Baker, and forms a continuation of the thoroughfare running from the Victoria Centre in the north to the Broadmarsh Centre in the south. Neighbouring occupiers include Omega, Goldsmiths, Berry's Jewellers, Kiehl's, The White Company, Waterstones, Molton Brown and Lacoste.
Virtual Freehold. Held for a term of 999 years from 24th May 2024 at a peppercorn rent.
The property comprises a self contained ground floor retail accommodation and basement ancillary accommodation. The property forms part of a larger attractive Grade II listed building.
VAT is applicable to this lot.
6 Weeks Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a self contained ground floor retail accommodation and basement ancillary accommodation. The property forms part of a larger attractive Grade II listed building.
VAT is applicable to this lot.
6 Weeks Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Unit | Use | Floor | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. | (Reversion) |
|---|---|---|---|---|---|---|---|---|
| 8-10 Bridlesmith Gate | Retail Ancillary |
Ground Basement |
74.97 56.94 |
807 613 |
THE BODYSHOP INTERNATIONAL LIMITED (CRN: 15859787) | 5 years from 10/01/2025 | £67,500 |
(31/01/2030) (1) |
| Total Approximate Floor Area | 131.91 |
1,420 |
£67,500 |
(1) The lease provides for a tenant option to determine the lease on 31/01/2028 upon serving not less than 6 months written notice.
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