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- Tenure: See Legal Pack
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Retail Investment let to Martin McColl Ltd producing £12,850 pa
Freehold mid-terrace property on ground and one upper floor to provide a double fronted convenience store with ancillary staff and storage accommodation to the rear together with a first floor flat which has been sold off on a long lease. The property benefits from a small enclosed yard to the rear. We are informed that the property is let to McColl's by way of a lease until November 2021 at a rent of £12,850 pa. Please refer to legal pack for copy of lease. Martin McColl Ltd trade from 1,611 stores across the UK and for y/e reported revenue £1.13 bn, adjusted EBITDA - £44m and profit before tax £18.4m. Situated in closed proximity to Boots pharmacy and The Post Office with Hadfield Train Station within approx 200m.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating C
Local Authority
High Peak Borough Council
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
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
