Lot 26 details
Located in the heart of the town centre on the north side of London Street, which links Lord Street and Chapel Street, amongst such multiples as Waterstones, Yorkshire Building Society, Vision Express, NatWest, Halifax, Prezzo, Thomas Cook and others.
Southport is an affluent and attractive town located some 20 miles north of Liverpool.
A terraced building comprising a Ground Floor Double Shop with Ancillary Space on the first floor (currently no access).
Ground Floor Double Shop
Gross Frontage 26'0”
Internal Width 22'7”
widening to 25'4”
Built Depth 66'11”
Area Approx. 1,650 sq ft
First Floor Ancillary
Area Approx. 660 sq ft
1Not inspected by Barnett Ross. Areas and measurements supplied by Vendor.
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to William Hill (Football) Ltd (a wholly owned subsidiary of William Hill Organization Ltd - having over 2,300 branches - T/O for Y/E 29/12/15 £873.9m, Pre-Tax Profit £246.4m and Shareholders' Funds £206.9m) for a term of 20 years from 8th January 2004 at a current rent of £41,000 per annum exclusive.
Rent Review 2019
Note 1: The Tenant did not operate their 2014 break clause. There are no further breaks in the lease.