Location Estimated District Population: 816,000 Miles: 20 miles north of Chester 32 miles south-west of Manchester
Extract reproduced from 1998 Edition of the Goad Plan
Licence No. PU1000017316 from Experian Goad, Hatfield Herts. For identification purposes only – please see title documentation.
Roads: A57, A59, A580, M58, M62 Rent £117,000 pa
ON THE INSTRUCTIONS OF A MAJOR PENSION FUND
Prime Freehold Retail Investment in Liverpool City Centre
• Let to Bravissimo Limited (on assignment from Monsoon Holdings Limited)
• Lease expires 2018
• 30Working Day Completion available
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Position The property occupies a prime pedestrianised location on Bold Street, close to its junction with Church Street and Ranelagh Street and close to the entrance of the Clayton Square Shopping Centre in the heart of Liverpool city centre.
Nearby: Marks & Spencer, Primark, Tesco Metro, T K Maxx, Argos, HMV and Halifax, Alliance & Leicester and Lloyds TSB banks
Description SHOP arranged on the ground, first, second and third floors.
Present Accommodation (approximate areas) Floor
Accommodation
Ground First Second Third
Sales/Ancillary Sales/Ancillary Storage Storage
Total Commercial Area
Tenure Freehold.
Tenant BRAVISSIMO LIMITED (1) on assignment from MONSOON HOLDINGS LIMITED (2)
Lease Term: Approximately 111
⁄4 years from 27th June 2007
Basis: FRI Rent: £117,000 per annum Review: September 2013 Expiry: 1st October 2018
VAT is applicable to this lot – please see Special Conditions of Sale.
(1) Bravissimo Ltd trade from 21 high street shops across the UK and specialise in the sale of ladies’ lingerie and associated products and for the year to 08/10, reported a turnover of £44.9 million, pre-tax profits of £46,224 and a net worth of £3.9 million. (Source: One Source One-Stop Report and www.bravissimo.com)
(2) Monsoon Holdings Ltd for the year to 08/10, reported pre-tax profits of £68.4 million and a net worth of £19.2 million. (Source: One Source One-Stop Report)
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 LLP. t: 0151 600 8755. e: david.swaffield@hilldickinson.com Ref: D R Swaffield Esq. Joint Auctioneers CBRE (Manchester office). t: 0161 233 5668. e: robert.woods@cbre.com Ref: RWoods Esq.