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.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating C
High Peak Borough Council
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.