Please note the plan published in the Online Particulars of Sale is for illustration purposes only. For clarity Buyers are referred to the title plan contained within the online legal documents.
Situated on the west side of High Street, adjacent to it's junction with Market Street, in an established trading location in the town centre.
Multiple occupiers close by include Barclays Bank, White Stuff, Mountain Warehouse, Crew Clothing amongst others
This attractive Grade II listed property is arranged on basement and ground and three upper floors to provide a ground floor shop with ancillary basement accommodation, together with a flat above, which has been sold on a long lease.To the rear is a yard.
The property benefits from rear access from Market Street.
Website Address: www.betfred.com
For the year ended 25th September 2016, Done Brothers (Cash Betting) Limited reported a turnover of £320.06m, a pre-tax profit of £29.29m, shareholders funds of £35.29m and a net worth of £23.11m. (Source: Experian 05.04.2018)
VAT is not applicable to this lot.
Buyers Fee - The successful purchaser will be required to pay the auctioneers administration fee of £600 inclusive of VAT. Other additional costs/fees may apply please see Special Conditions of Sale
This auction lot is now closed.
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|No.||Present Lessee||Accommodation||Terms of Lease Agreement||Current Rent £ p.a||Next Review / Reversion|
|195||Done Brothers (Cash Betting) ltd.||Ground floor shop||Gross Frontage 5.70 m (18' 8")
Net Frontage 5.05 m (16' 7")
Shop Depth 9.95 m (32' 8")
Built Depth 15.70 m (51' 6")
Basement 24.7 m sq (266 sq ft)
|9 years from 06.02.2014
(1) The lease provides for a tenants break option at the 6th anniversary (2020)
Rent reviews every 3rd year
F R and I
|£21,000 p.a.||Rent review 2020|
|195a||Individual||Upper Floors||125 years from 29.09.1987||£100 p.a.||Reversion 2112|
|Total £21,100 p.a.|