12 High Street West Glossop SK13 8BH

  • 12 High Street West<br>Glossop<br>SK13 8BH

12 High Street West
Glossop
SK13 8BH

Freehold Retail Investment

  • Let to Thomas Cook Travel Ltd, guaranteed by Thomas Cook Group
  • UK Ltd
  • Located in a prominent position on the busy A57 arterial route
  • Popular regional market town
  • Six Week Completion Available
  • Lot
    21
  • Auction
    10th July 2012
  • Rent
    £19,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £176,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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Freehold Retail Investment

  • Let to Thomas Cook Travel Ltd, guaranteed by Thomas Cook Group
  • UK Ltd
  • Located in a prominent position on the busy A57 arterial route
  • Popular regional market town
  • Six Week Completion Available
  • Lot 21
  • Auction 10th July 2012
  • Rent £19,000 per Annum Exclusive
  • Status Sold
  • Price £176,000
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
12 miles east of Manchester, 25 miles west of Sheffield, 40 miles north-east of Stoke-on-Trent
Roads
A57, M57, A624
Rail
Glossop Railway Station
Air
Manchester Airport
Situation

The property is situated on the A57 in central Glossop, an attractive market town on the western border of the Peak District National Park. The A57 is a main arterial route from Manchester to Sheffield. Nearby occupiers include Boots The Chemist, Costa Limited and NatWest.

Tenure

Freehold.

Location
Miles
12 miles east of Manchester, 25 miles west of Sheffield, 40 miles north-east of Stoke-on-Trent
Roads
A57, M57, A624
Rail
Glossop Railway Station
Air
Manchester Airport
Situation

The property is situated on the A57 in central Glossop, an attractive market town on the western border of the Peak District National Park. The A57 is a main arterial route from Manchester to Sheffield. Nearby occupiers include Boots The Chemist, Costa Limited and NatWest.

Tenure

Freehold.

Description

The property comprises ground retail unit with one upper floor of ancillary accommodation.

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 retail unit with one upper floor of ancillary accommodation.

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
Mezzanine
First
Retail and Ancillary
Ancillary
Ancillary
97.28 sq m
34.84 sq m
49.72 sq m
(1,047 sq ft)
(375 sq ft)
(535 sq ft)
THOMAS COOK TRAVELLTD guaranteed by ThomasCook Group UK Ltd (t/a TheCo-Operative Travel) (1) 10 years from 01/10/2011
on a full repairing and
insuring lease (2) (3)
£19,000 01/10/2016
Totals  
181.84 sq m
(1,957 sq ft)
    £19,000

(1) For the year ending 30th September 2010 Thomas Cook Group UK Limited reported a total net worth of £718,887,000. (Source: www.riskdisk.com 18/04/2012) On 4th October 2011 Thomas Cook Group, The Co-Operative Travel and Midlands Co-Operative established a joint venture to combine their UK high street travel and foreign exchange businesses, creating the UKs largest travel retailer with around 1,200 branches across England, Scotland, Wales and Northern Ireland. (Source: Thomas Cook Group)
(2) The lease provides for a tenants option to determine on the 1st October 2016.
(3) The Lease is subject to a Schedule of Condition.

Contacts

Acuitus
Tom RyderTom Ryder +44 (0)20 7034 4858 tom.ryder@acuitus.co.uk
Seller's Solicitors
Weightmans Solicitors Pall Mall Court, 61-67 King Street
Manchester
M2 4PD
Steven Silver 0161 233 7330steven.silver@weightmans.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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