Location Estimated District Population: 110,000 Miles: 8 miles south-west of Nottingham 11 miles east of Derby
Roads: A52, M1
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Extract reproduced from 1998 Edition of the Goad Plan
Position The property is located in a prime trading location on the pedestrianised High Street in the heart of Long Eaton town centre.
Nearby: Superdrug, Boots the Chemist, Peacocks, New Look,WH Smith, Greggs and Holland & Barrett
Rent £25,000 pa
Prime Freehold Betting Office Investment
• Let to Ladbrokes Betting & Gaming Limited
• New 10 year lease from June 2011 (No breaks)
• In occupation of shop since 1970 • Prime town centre trading location
• VAT- free investment and 30Working Day Completion period available
16
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Keystone Law. t: 0207 152 6550. e: stephen.woolf@keystonelaw.co.uk Ref: SWoolf Esq. Joint Auctioneers Ockleston Bailey. t: 01244 403445. e: hugh@ocklestonbailey.co.uk Ref: H Ockleston Esq.
Description BETTING OFFICE arranged on the ground and first floors.
Lease Term: Approximately 10 years from 13th June 2011 Basis: FRI Rent: £25,000 per annum Review: June 2016 Expiry: 30th April 2021
VAT is not applicable to this lot. Net Internal Areas
92.44 sq m –
92.44 sq m
(995 sq ft) (–)
(995 sq ft)
(1) Trading as Ladbrokes, who for the year to 12/09 reported a total turnover of £790.4 million, pre-tax profits of £238 million and a net worth of £694.3 million. (Source: One Source One-Stop Report)