Sold £286,000
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Commercial Investment Let to Three (Hutchison 3G UK Limited) Producing £31,000 Per Annum
The property comprises a a mid terrace retail unit arranged over ground and first floors.
Tenure
Freehold
Location
The property is situated in Gloucester City Centre. The open spaces of Armscroft Park are within easy reach. Transport links are provided by Gloucester rail station.
Accommodation
Ground Floor Retail Unit First Floor Ancillary Space
Tenancy
The property is subject to an FRI lease to Hutchison 3G UK Limited for a term of 5 years commencing 1st January 2023 at a rent of £31,000 per annum. For the year ended 30.12.2021 Hutchison 3G UK Limited reported a turnover of £2,311,396,000 a pre-tax profit of £1,205,054,000 shareholders funds of £8,474,428,000 and a net worth of £4,368,894,000 (Source Experian)
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
