34 Courtenay Street Newton Abbott Devon 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Withdrawn Prior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

Important Update Interested?

Expand
Photos
Map

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Status Withdrawn Prior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

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
Ground First	Retail Ancillary	Not inspected			25 years from 24/04/1995 until 2020 (2)	£65,000	23/04/2015
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)