Prime Freehold Retail Investment
Prime Freehold Retail Investment
The property is situated in a prime retailing position on west side of pedestrianised Broad Walk immediately adjacent to the major Harvey Shopping Centre which has over one million square feet of retailing space in over 78 units.
Occupiers within the Harvey Centre include Primark, Marks & Spencer, Vision Express and Argos. Other neighbouring on Broad Walk include McDonalds, Monsoon, The Body Shop, Costa and O2.
Freehold.
The property is situated in a prime retailing position on west side of pedestrianised Broad Walk immediately adjacent to the major Harvey Shopping Centre which has over one million square feet of retailing space in over 78 units.
Occupiers within the Harvey Centre include Primark, Marks & Spencer, Vision Express and Argos. Other neighbouring on Broad Walk include McDonalds, Monsoon, The Body Shop, Costa and O2.
Freehold.
The property comprises ground floor retail and ancillary accommodation with further ancillary accommodation on both the first and second floors.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting as agents in respect of this sale without personal liability.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises ground floor retail and ancillary accommodation with further ancillary accommodation on both the first and second floors.
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting as agents in respect of this sale without personal liability.
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 | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground First External Storage |
Retail Ancillary Ancillary |
816.3 sq m 194.20 sq m 68.50 sq m |
(8,786 sq ft) (2,090 sq ft) (737 sq ft) |
W H SMITH RETAIL HOLDINGS LTD (1) | 15 years from 24/01/2001 on a full repairing and insuring lease | £200,000 | 23/06/2016 |
| Totals | 1,079 sq m |
(11,613 sq ft) |
£200,000 | ||||
(1) WH Smith Retail Holdings Ltd are a subsidiary of WH Smith plc. WH Smith was created in 1828 and currently operate from over 1,200 outlets nationwide.
(www.whsmith.co.uk)
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