Retail Units at Ambassador House, Brigstock Road Thornton Heath, Surrey CR7 7JG
AMBASSADOR HOUSE
PARTHENON EILLISIUM
HAIR
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 Total Net Rent
£32,080.68 pa ON INSTRUCTIONS OF JAMES MONEY AND KERRY BAILEY OF PKF (UK) LLP ACTING AS JOINT FIXED CHARGE RECEIVERS
High Yielding Leasehold Retail Investment
• Let to G & S Papanicolaou and N Bowry
• Let at a combined rental of £36,000 pa
• Established location opposite Tesco and Thornton Heath Railway Station
• 6Week Completion Available 34
Location Estimated District Population: 340,000 Miles: 2 miles north of Croydon 6 miles west of Bromley 9 miles south-east of Central London
Roads: A23, A212
Position The property is located in a prominent position on the south side of Brigstock Road, diagonally opposite Tesco and Thornton Heath Railway Station and a short walk to Crystal Palace Football Ground.
Nearby: Barclays Bank, Tesco, Superdrug, William Hill, Coral, JDWetherspoon and Iceland.
Description TWO RETAIL UNITS arranged on the ground floor only, forming part of a larger building.
Present Accommodation (approximate areas) Floor
Accommodation Ground Sales/Ancillary Ground Sales/Ancillary Total
Tenure Leasehold. Held on two leases, each for a term of approximately 75 years from completion, expiring 15th December 2087 at the total head rent of £3,919.32 pa, each being reviewed in 2017 and 10 yearly thereafter to 10.887% of the rent passing or rental value – please see legal documentation.
VAT is applicable to this lot – please see Special Conditions of Sale.
NB. This property is being marketed on behalf of Joint Fixed Charge Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Approximate Internal Areas Tenant 55.74 sq m
Term
(600 sq ft) G & S PAPANICOLAOU (t/a parthenon)
104.51 sq m (1,125 sq ft) N BOWRY (t/a eillisium hair)
160.25 sq m (1,725 sq ft)
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 Shakespeares Solicitors. t: 0845 620 9572. e: vicki.simpson@shakespeares.co.uk Ref: Ms V Simpson.
25 years from 18th December 1989
10 years from 3rd January 2008 with a rent review in 2013