Property for sale

The property comprises a ground floor retail unit set within a larger 3 storey commercial development of traditional granite construction, surmounted by a mansard roof overlaid in slate and felt. The subjects benefit from a glazed frontage with access via a partially recessed door leading to an open plan sales area. Internally the property has been decorated in accordance with Coral Racing corporate specification with floors being overlaid in commercial carpet, lighting is provided by way of halogen spots, recessed within the acoustic tile ceiling. Staff facilities and customer w.c’s are situated to the rear of the demise. The property has been measured on a net internal area basis and have been calculated to offer the following floor area: Ground: 125.4sqm (1,350sq ft) The property is held on a full repairing and insuring head lease on the following terms; Tenant: Coral Racing Limited Expiry: Lease extend up til 27th February 2026 Passing Rent: £32,400p.a.x Type: Full Repairing & Insuring Coral Racing Limited is a U.K headquartered bookmakers as part of Ladbrokes Coral (GVC Holdings) with over 1,500 stores throughout the U.K. V.A.T The property has been elected for V.A.T as such the transaction will he treated as a transfer of a going concern (ToGC)

Auction Details
09 January 2025, 10am-3pm
Timed Online Auction

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