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No Property Description & Tenure Terms of Tenants Leases
580 114/116 High Street & 33
Cambray Place
CHELTENHAM
581 3 Highgate
KENDAL
2 period retail units with ancillary
accommodation over, totalling
584 m 2 (6,286 ft 2 ).
Freehold.
Period retail unit with ancillary
accommodation over, constructed
in the latter part of the 19 th
Century, totalling 584 m 2 (6,286
ft 2 ).
Freehold.
3 full repairing and insuring leases
expiring between 2005 and 2017
subject to 5 yearly reviews.
2 full repairing and insuring leases
expiring in 2012 and 2017 subject to
5 yearly reviews. One of the leases
has a tenants break option in 2006.
Current Net
Rents
Receivable –
£pa
Capital
Value as at
15 June 2005
–£
89,550 1,730,000
51,500 780,000
582 3-5 Lidget Hill & 3-9
Church Lane
PUDSEY
7 retail units with ancillary
accommodation, totalling 742 m 2
(7,986 ft 2 ), constructed in the
1970s.
Freehold.
7 full repairing and insuring leases
expiring between 2007 and 2013
subject to 5 yearly reviews. Two of
the leases have tenants break
options in 2007/8.
117,375 1,565,000
583 8/18 Hanover Buildings &
1/3 The Strand
SOUTHAMPTON
5 retail units with ancillary
accommodation and a public
house, totalling 969 m 2 (10,433
ft 2 ), excluding the area sold off
on a ground lease, constructed in
the 1970s.
Freehold.
4 full repairing and insuring leases
for terms expiring between 2005 and
2017 subject to five yearly reviews
and one tenant’s option to break in
2010; 2 leases for terms expiring
2064, with 21 yearly reviews, and
3002, subject to 25 yearly fixed
increases. One unit vacant.
121,750 1,955,000
584 6/10 Wallgate
WIGAN
A period retail unit with ancillary
office accommodation over,
totalling 441 m 2 (4,753 ft 2 ),
constructed in the late 1800s.
Freehold.
2 full repairing and insuring leases
expiring in 2009 and 2017 subject to
5 yearly reviews.
49,350 900,000
586 88/100 The Paddocks
Catton
NORWICH
A supermarket and 5 retail units
with ancillary accommodation,
totalling 3,160 m 2 (34,016 ft 2 ),
constructed in 1979 / 1980.
Freehold.
6 full repairing and insuring leases
expiring between 2010 and 2028
subject to 5 yearly reviews. Four of
the leases have tenants break
options between 2006 and 2018.
197,500 3,060,000
587 Ambrose Lloyd Centre &
23 Wrexham Street
MOLD
A supermarket and retail unit
together with ancillary office
accommodation, totalling 2,655
m 2 (28,586 ft 2 ), constructed in the
1980s.
Freehold.
5 full repairing and insuring leases
expiring between 2006 and 2028
subject to 5 yearly reviews. Two of
the leases have tenants break
options in 2009 and 2018. One
ground lease expiring 2994 at a
peppercorn rent.
187,370 2,800,000
589 Homebase
Roman Way Retail Park
Kidderminster Road
DROITWICH
Retail warehouse totalling 2,899
m 2 (31,205 ft 2 ) built in the early
1980s.
Freehold.
Single full repairing and insuring
lease to Homebase, for a term
expiring in 2020 subject to five
yearly reviews
312,050 5,185,000
590 Homebase
Sturlas Way
WALTHAM CROSS
Retail warehouse totalling 3,203
m 2 (34,480 ft 2 ) built in the mid
1980s.
Freehold.
Single full repairing and insuring
lease to Homebase, for a term
expiring in 2020 subject to five
yearly reviews
400,000 8,600,000
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