34 Courtenay Street Newton Abbott Devon TQ12 2DG

  • 34 Courtenay Street<br>Newton Abbott<br>Devon<br>TQ12 2DG

34 Courtenay Street
Newton Abbott
Devon
TQ12 2DG

Freehold Retail Investment

  • Let to Clinton Cards (Essex) Ltd, guaranteed by Clinton Cards plc until 2020
  • Opposite entrance to the Market Walk Shopping Centre
  • Nearby occupiers include Boots the Chemist, Barclays Bank and W H Smith
  • Six Week Completion Available
  • Lot
    34
  • Auction
    24th May 2012
  • Rent
    £65,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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Freehold Retail Investment

  • Let to Clinton Cards (Essex) Ltd, guaranteed by Clinton Cards plc until 2020
  • Opposite entrance to the Market Walk Shopping Centre
  • Nearby occupiers include Boots the Chemist, Barclays Bank and W H Smith
  • Six Week Completion Available
  • Lot 34
  • Auction 24th May 2012
  • Rent £65,000 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
Newton Abbot town centre, 7 miles north of Torquay, 15 miles south of Exeter
Roads
A381, A38
Rail
Newton Abbot
Air
Bristol International Airport
Situation

The property is situated in a prominent position on the pedestrianised section of the High Street which acts as the principal retail thoroughfare. Nearby occupiers include Boots the Chemist, Barclays Bank, W H Smith and Superdrug.

Tenure

Freehold.

Location
Miles
Newton Abbot town centre, 7 miles north of Torquay, 15 miles south of Exeter
Roads
A381, A38
Rail
Newton Abbot
Air
Bristol International Airport
Situation

The property is situated in a prominent position on the pedestrianised section of the High Street which acts as the principal retail thoroughfare. Nearby occupiers include Boots the Chemist, Barclays Bank, W H Smith and Superdrug.

Tenure

Freehold.

Description

The property comprises ground and first floor to provide ground floor retail and first floor ancillary accommodation. The first floor is accessed externally at the rear of the building.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground and first floor to provide ground floor retail and first floor ancillary accommodation. The first floor is accessed externally at the rear of the building.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
First
Retail
Ancillary
254 sq m
(2,734 sq ft)
CLINTON CARDS (ESSEX)LTD (1)guaranteed by Clinton Cardsplc on a full repairing andinsuring lease 25 years from
24/04/1995 until 2020
(2)
£65,000
23/04/2015
Not inspected
Ground Floor Totals  
254 sq m
(2,734 sq ft)
    £65,000

(1) For the year ending 1st August 2010 Clinton Cards (Essex) Limited reported a turnover of £336,922,000, a pre-tax profit of £12,239,000 and a total net worth of £19,610,000. (Source: www.riskdisk.com 16/04/2012)

Contacts

Acuitus
Tom RyderTom Ryder +44 (0)20 7034 4858 tom.ryder@acuitus.co.uk
Seller's Solicitors
Teacher Stern LLP 37-41 Bedford Row
London
WC1A 4JH
Oliver Azzuri 0207 242 3191o.azzuri@teacherstern.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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