Entirely let to The Edinburgh Woollen Mill Limited
Situated immediately adjacent to Marks & Spencer and The Arndale Shopping Centre
Prime Town Centre Location
Nearby occupiers include Debenhams, Marks & Spencer, Ladbrokes and Laura Ashley
Six Week Completion
Lot 13
Auction 23rd May 2013
Rent £108,000 per Annum Exclusive
Status Sold
Price £1,080,000
Sector High Street Retail
Auction Venue The Dorchester Hotel Park Lane Entrance Mayfair London W1K 1QA
On Behalf of The Co-operative Estates
Property Information
Location
Miles
22 miles east of Brighton, 62 miles south of London
Roads
A259, A22
Rail
Eastbourne Rail
Air
London Gatwick
Situation
The property is situated in a prominent position on the northern side of Terminus Road, directly opposite Debenhams Department Store and immediately adjacent to Marks & Spencer and the Arndale Shopping Centre, which houses retailers such as Primark, New Look, Topshop and Carphone Warehouse.
Tenure
Freehold.
Location
Miles
22 miles east of Brighton, 62 miles south of London
Roads
A259, A22
Rail
Eastbourne Rail
Air
London Gatwick
Situation
The property is situated in a prominent position on the northern side of Terminus Road, directly opposite Debenhams Department Store and immediately adjacent to Marks & Spencer and the Arndale Shopping Centre, which houses retailers such as Primark, New Look, Topshop and Carphone Warehouse.
Tenure
Freehold.
Description
The property comprises a ground and first floor retail unit, with a self-contained 3 bedroom residential flat on the second floor which is accessed from the rear.
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 a ground and first floor retail unit, with a self-contained 3 bedroom residential flat on the second floor which is accessed from the rear.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
194.72 sq m (2,096 sq ft) 208.10 sq m (2,240 sq ft) Not measured
THE EDINBURGH WOOLLEN MILL LIMITED (1)
20 years from 16/10/1996 on a full repairing and insuring lease
£108,000
15/10/2016
Totals
402.82 sq m
(4,336 sq ft)
£108,000
(1) For the year ending 25th February 2012, The Edinburgh Woollen Mill Limited reported a turnover of £161,693,000, pre-tax profits of £24,770,000 and a total net worth of £169,156,000. (Source: www.riskdisk.com 28/03/2013)
