Let to C. & J. Clark International Limited T/A Clarks on a Renewed lease (subject to option)
Rent Rebased from £74,500 pax
Prime Pedestrianized Town Centre location
Opposite the main entrance to Carillon Court Shopping Centre
Neighbouring occupiers include Primark, Superdrug, Boots the Chemist, Caffè Nero, Costa Coffee, Odeon Cinema and Greggs
Lot 27
Auction 15th December 2022
Rent £50,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
12 miles south of Nottingham, 10 miles north of Leicester, 40 miles north-east of Birmingham
Roads
A6, A60, A512, M1 (Junction 23)
Rail
Loughborough Railway Station
Air
Birmingham Airport
Situation
The property is situated in the heart of the town centre on the east side of the pedestrianised Market Place, close to its junction with Market Yard. The property benefits from being directly opposite the main entrance to Carillion Court Shopping Centre and being two shops from Primark, Other neighbouring occupiers include Superdrug, Boots the Chemist, Caffè Nero, Costa Coffee and Greggs.
Tenure
Freehold.
Location
Miles
12 miles south of Nottingham, 10 miles north of Leicester, 40 miles north-east of Birmingham
Roads
A6, A60, A512, M1 (Junction 23)
Rail
Loughborough Railway Station
Air
Birmingham Airport
Situation
The property is situated in the heart of the town centre on the east side of the pedestrianised Market Place, close to its junction with Market Yard. The property benefits from being directly opposite the main entrance to Carillion Court Shopping Centre and being two shops from Primark, Other neighbouring occupiers include Superdrug, Boots the Chemist, Caffè Nero, Costa Coffee and Greggs.
Tenure
Freehold.
Description
The property comprises retail accommodation the ground and ancillary accommodation first floors. The property also benefits from loading to the rear.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band F
Description
The property comprises retail accommodation the ground and ancillary accommodation first floors. The property also benefits from loading to the rear.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band F
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas (Approx sq ft) (1)
Tenant
Term
Rent p.a.x.
Reversion
Ground First
Retail Ancillary
171.35 96.05
(1,844) (1,034)
C. & J. CLARK INTERNATIONAL LIMITED (CRN 00141015) (t/a Clarks) (1)
5 years from 29/09/2021 (2)
£50,000
29/9/2026
Total
276.40
(2878)
£50,000
(1) For the year ending 29th January 2022 C&J Clark International limited (CRN 00141015) reported a turnover of £511,900,000, a pre tax profit of £12,700,000 and a Net Worth of £85,200,000 (Northrow Company Report) (2) The Lease provides for tenant option to determine the lease on 29/09/2024 subject to serving 6 months notice
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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