37 Market Place Barnard Castle, County Durham DL12 8NE
BOOTS THE CHEMIST
NB. Please note that the property being offered forms part of the Boots branch.
Location Estimated Resident Population: 24,000 Miles: 13 miles south-west of Bishop Auckland 18 miles east of Darlington 32 miles east of Middlesbrough
Roads: A1(M), A66, A67, A688
Position The property is located in a prominent position on Market Place, in the heart of this attractive and historic market town.
Nearby: Costa Coffee, Morrisons Supermarket, Co-Op Supermarket, Greggs, Clarks, Superdrug, Holland & Barrett, Clinton Cards, Edinburgh Woollen Mill and branches of HSBC, NatWest and Barclays banks.
Description SHOP arranged on the ground, first and second floors and forming part of a larger Boots branch.
Tenure Freehold.
Tenant BOOTS UK LIMITED (1)
Lease Term: 20 years from 15th January 1996 Basis: FRI (2) Rent: £15,250 per annum Expiry: January 2016
VAT is not applicable to this lot. Net Internal Areas
73.85 sq m 69.67 sq m 13.47 sq m
156.99 sq m
(1) Boots UK Ltd for the year to 03/11, reported a total turnover of £6.37 billion, pre-tax profits of £220 million and a net worth of £217 million. (Source: One Source One-Stop Report)
(2) The lease is subject to a schedule of condition – please see legal documentation. (3) Areas provided by the Vendor.We understand that the stairs between the ground and first floors have been removed and currently, access is via a hatch.
(795 sq ft) (750 sq ft) (145 sq ft)
(1,690 sq ft)
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 £15,250 pa BY ORDER OF THE EXECUTORS
Prime Freehold Retail Investment in Attractive Market Town • Let to Boots UK Limited • Lease expires January 2016
• Close to Costa Coffee, Co-Op, Greggs, Superdrug and Clarks
• VAT -free investment and 6Week Completion Available
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 MuscattWalker Hayim. t: 0207 486 5131. e: bruce.hayim@mwh-law.co.uk Ref: B Hayim Esq.