Property for sale

The property comprises a substantial corner commercial unit of traditional construction surmounted by a pitched roof with large extension surmounted by a flat roof. The rear of the demise is accessible externally via the common lane offering ample loading and unloading space. Offering a multi-window display frontage, the property is accessed via a double door entrance leading to an open plan retail area. Internally the space has been decorated in accordance with the tenants corporate specifications, floors have been overlaid in laminated timber, with lighting provided by way of fluorescent and L.E.D. panels recessed within the suspended acoustic tile ceiling. Heating and cooling is provided by way of air conditioning units mounted along the perimeter walls. To the rear of the demise, partitions have been erected to form large storage and loading area, staff tea prep and manager office. The property extends to the following net internal area; Ground Floor: 714.69sqm (7,693sq ft) The property is held on full repairing and insuring head lease with schedule of condition on the following terms Tenant: Original Factory Shop Ltd Expiry: 11th July 2026 Tenant Break: 21st July 2024 (Not exercised) Passing Rent: £26,192p.a. Further: For the year ending 27th March 2022, The Factory Shop Limited reported a turnover of £124,409,000, a pre-tax profit of £1,460,000, shareholders’ funds of £14,351,000 and a net worth of £14,351,000

Auction Details
18 December 2025, 10am-3pm
Timed Online Auction

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