Auctions

Order of Sale for 19 May 2009 Auction

We have 43 lots for this auction of retail, office, industrial
and leisure investments properties.

Lots
Lot   Results in Ascending Order 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

Solicitor

Joint Auctioneer
£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

Solicitor

Joint Auctioneer
£960,000
3 Christchurch

53 High Street
Christchurch, Dorset BH23 1AS

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

Solicitor

£292,000
4 Felixstowe

73 Hamilton Road
Felixstowe, Suffolk IP11 7BE

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

Solicitor

£638,000
5 Deal

42 High Street
Deal, Kent CT14 6HE

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

Solicitor

£680,000
6 Cambridge

98 Regent Street
Cambridge, Cambridgeshire CB2 1DP

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

Solicitor

£1.009 million
7 King's Lynn

80 High Street
King's Lynn, Norfolk PE30 1BB

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

Solicitor

£875,000
8 Bideford

Alexandra House, The Quay
Bideford, Devon EX39 2AF

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

Solicitor

Joint Auctioneer
£490,000
9 Maidstone

17 Gabriels Hill,
Maidstone, Kent ME15 6HT

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

Solicitor

Sold Post
10 Rickmansworth

129/131 High Street
Rickmansworth, Hertfordshire WD3 1AN

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

Solicitor

Available at
£1.05 million
Lots