Freehold Retail Investment
Freehold Retail Investment
The property is situated on the High Street in central Wolstanton; an attractive residential suburb a short distance to the north of Stoke-on-Trent. Nearby occupiers include Lloyds Pharmacy, Britannia Building Society and The Post Office.
Freehold.
The property is situated on the High Street in central Wolstanton; an attractive residential suburb a short distance to the north of Stoke-on-Trent. Nearby occupiers include Lloyds Pharmacy, Britannia Building Society and The Post Office.
Freehold.
The property comprises ground retail unit with one upper floor of ancillary accommodation.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground retail unit with one upper floor of ancillary accommodation.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
91.15 sq m 29.48 sq m |
(981 sq ft) (317 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 (3) |
£6,300 |
01/10/2016 (2) |
| Totals | 120.63 sq m |
(1,298 sq ft) |
£6,300 | ||||
(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 tenant’s option to determine on the 1st October 2016.
(3) The Lease is subject to a Schedule of Condition.
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