Lot 17 details
6 Week completion
Close to the junction with Church Street and occupying a prominent trading position, opposite a large Asda Supermarket and car park and amongst such multiples as Boots, Tesco Express, Savers, TSB, Ladbrokes and Oxfam.
Pershore is an attractive market town located some 7 miles south-east of Worcester and enjoys good road access via the M5 (Junction 7) and A44.
A mid terrace building comprising a Ground Floor Shop with internal access to Storage at first floor level.
Ground Floor Shop
Gross Frontage 21'0"
Internal Width 20'0" (max)
Shop & Built Depth 42'0"
First Floor Storage
Store Area Approx. 285 sq ft
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Holland & Barrett Retail Ltd (having 715 branches) (T/O for Y/E 30/09/16 £444m, Pre-Tax Profit £112.8m and Shareholders' Funds £252m) for a term of 5 years from 28th August 2017 (renewal of a previous lease) at a current rent of £12,000 per annum exclusive.
Tenant's Break 2020
Note: The Purchaser will receive a personal signed cricket bat by the Vendor, former England Cricket Captain Alec Stewart, following completion of the sale.