Order of Sale for 19 May 2009 Auction
We have 43 lots for this auction of retail, office, industrial
and leisure investments properties.
Lot
|
Town | Property information | Final Result |
|---|---|---|---|
| 1 | Newquay |
3-5 and 5A & 7/7A Bank Street, Newquay, Cornwall TR7 1EP Main part let to First Quench Retailing Ltd and Presto Retail Ltd Imminent Rent Review on Presto Retail Ltd VAT not applicable 25 working day completion available Close to W H Smith, Boots the Chemist, Superdrug and New Look |
£960,000 |
| 2 | Newquay |
3-5 and 5A & 7/7A Bank Street, Newquay, Cornwall TR7 1EP Main part let to First Quench Retailing Ltd and Presto Retail Ltd Imminent Rent Review on Presto Retail Ltd VAT not applicable 25 working day completion available Close to W H Smith, Boots the Chemist, Superdrug and New Look |
£960,000 |
| 3 | Christchurch |
53 High Street Shop let to Subway Realty Limited Nearby retailers include Somerfield, Boots the Chemist and Marks & Spencer Simply Food
Shop lease expires 2023 30 working day completion available |
£292,000 |
| 4 | Felixstowe |
73 Hamilton Road Let to C & J Clark International Ltd Minimum rental increase to 40,000 per annum in 2013 New 15 year lease from December 2008 (2) 30 working day completion available |
£638,000 |
| 5 | Deal |
42 High Street Let to Sportswift Limited (t/a Card Factory) Close to Marks & Spencer, Boots the Chemist, W H Smith, New Look and Iceland New 15 year lease from February 2009 (3) 30 working day completion available VAT not applicable |
£680,000 |
| 6 | Cambridge |
98 Regent Street Predominantly let to Ladbrokes on a new 15 year lease from November 2008 (subject to option) Popular student location Potential conversion of the upper parts to residential (subject to lease and consents) 30 working day completion available |
£1.009 million |
| 7 | King's Lynn |
80 High Street Let to Dollond & Aitchison Ltd (and franchisee) Close to Marks & Spencer, Bhs, W H Smith, HMV and Waterstones Lease expires 2029 (2) 30 working day completion available |
£875,000 |
| 8 | Bideford |
Alexandra House, The Quay Let to HSBC Bank plc until 2011 Close to Somerfield, Specsavers, Boots the Chemist and Superdrug Outstanding rent review (Notice served at 35,000 per annum) (2) 30 working day completion available |
£490,000 |
| 9 | Maidstone |
17 Gabriels Hill, Let to Moss Bros Group plc Close to Clinton Cards, Thorntons, Greggs and Pizza Hut New 15 year lease from April 2009 30 working day completion available |
Sold Post |
| 10 | Rickmansworth |
129/131 High Street Majority let to HSBC Bank plc until 2023 (with option) VAT not applicable Potential conversion of uppers and land at rear (subject to lease and consents) 8 week completion available |
Available at £1.05 million |