LOT 57


Location Estimated Resident Population: 50,000 Miles: 41 miles north-east of York 45 miles north of Kingston-upon-Hull


Roads: A64, A171, A165


Position The property is located in a prime pedestrianised location adjacent toWH Smith and opposite the north entrance to the Brunswick Shopping Centre.


Nearby: Boots the Chemist,Waterstones, Specsavers, Bon Marché, Game, HMV, Next, Mountain Warehouse, Iceland and Debenhams


Description DOUBLE SHOP arranged on the ground, first, second and third floors. The property benefits from a large yard to the rear and a goods lift.


Present Accommodation (approximate areas) Floor


Accommodation


Ground First Second Third


Sales/Ancillary Ancillary Ancillary Ancillary


Total Commercial Area Net Internal Areas


372.06 sq m 297.28 sq m 267.55 sq m 251.29 sq m


1,188.18 sq m (2) Superdrug Stores have been in occupation since November 1984. The rent prior to June 2011 was £155,000 per annum.


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 Hill Dickinson. t: 0151 600 8755. e: david.swaffield@hilldickinson.com Ref: D Swaffield Esq. Joint Auctioneer CBRE (Leeds office). t: 0113 394 8817. e: robin.bullas@cbre.com Ref: R Bullas Esq.


67


(4,005 sq ft) (3,200 sq ft) (2,880 sq ft) (2,705 sq ft)


(12,790 sq ft)


(1) Superdrug Stores plc for the year to 12/10, reported a turnover of £1.05 billion, pre-tax profits of £9.3 million and a net worth of £133.4 million. (Source: One Source One-Stop Report)


Tenure Freehold.


Tenant SUPERDRUG STORES PLC (1)


Lease Term: 5 years from 16th June 2011 (Lease Renewal) (2) Basis: FRI Rent: £127,500 per annum Expiry: June 2016


VAT is applicable to this lot – please see Special Conditions of Sale.


Rent £127,500 pa


ON THE INSTRUCTIONS OF A MAJOR PENSION FUND


Prime Freehold Retail Investment • Let to Superdrug Stores plc • New 5 year lease renewal


• Double fronted retail property in prime pedestrianised location


• 30Working Day Completion available


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