The property is situated fronting the roundabout at the junction of Market Place, Spa Road and King Street.
Occupiers close by include The Original Factory Shop (adjacent), Lloyds Bank, the Town Hall, Kings Arms Hotel and a number of local traders.
This property is arranged on ground floor only to provide a self-contained betting shop.
For the year ended 26th March 2017, H Backhouse (Baker Street) Limited reported shareholders' funds of £1,763,165 and a net worth of £1,633,103. (Source: Experian 09.08.2018.)
VAT is not applicable to this lot.
Current Rent Reserved £13,000 p.a.
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|
(Baker Street) Limited
Return Net Frontage (LHS)
Return Net Frontage (RHS)
Shop and Built Depth
82.75 sq m
(891 sq ft)
|15 years from 25.12.2008
Rent Review every 5th year
|£13,000 p.a.||Rent Review 2018|
|Total £13,000 p.a.|