Location Estimated District Population: 20,000 Miles: 12 miles south-west of King’s Lynn 21 miles north-east of Peterborough
Roads: A47, A1101
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 Rent £30,000 pa
Prominent Freehold Retail Investment
• Let to Bon Marché Limited with guarantee
• Lease expires September 2018
• Popular Historic Cambridgeshire Market Town
• 30Working Day Completion available
Position The property is located on the pedestrianised High Street, close to its junctions with Market Place and Castle Square in the heart of this historic market town.
Nearby: 99p Stores,WH Smith, Boots the Chemist, Shoe Zone, M&Co,Westgate Department Store and branches of Halifax, Nationwide, Santander and NatWest Banks.
Description SHOP arranged on the ground, first and second floors.
(2) Please note that the lease is subject to a Schedule of Condition – please see legal documentation. (3) Areas provided by the Vendor.
Tenure Freehold.
Tenant BON MARCHÉ LIMITED (1) with a guarantee from BON MARCHÉ GROUP LIMITED
Lease Term: 15 years from 18th September 2003 Basis: FRI (2) Rent: £30,000 per annum Review: 2013 Expiry: September 2018
VAT is applicable to this lot – please see Special Conditions of Sale.
Net Internal Areas
224.81 sq m 254.54 sq m 33.44 sq m
512.79 sq m
(2,420 sq ft) (2,740 sq ft) (360 sq ft)
(5,520 sq ft)
(1) Trading as Bon Marché, Bon Marché Ltd for the year to 04/10 reported a total turnover of £194 million, pre-tax profit of £5.5 million and total assets of £105 million. (Source: One Source One-Stop Report)
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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 Cleggs Solicitors. t: 0115 977 5877. e: it@cleggssolicitors.com Ref: I Torr Esq.