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Lot 17
38 High Street, Pershore, Worcestershire WR10 1DP

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6 Week completion

SITUATION

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.

PROPERTY

A mid terrace building comprising a Ground Floor Shop with internal access to Storage at first floor level.

ACCOMMODATION

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
WC

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY

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.

*Please note:

RESERVE:The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE: Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Buyer or Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £750 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.