The Menai Shopping Centre ? New £30m Bangor Health Hub
The Menai Shopping Centre is within close proximity to the subject property and forms the central retail location in Bangor. Totalling some 130,000 sq ft, occupiers include JD Sports, Hays Travel, Three, The Factory Shop, Superdrug and Burger King.
كان مركز تسوق ميناي يضم في السابق متجرًا متعدد الأقسام لشركة ديبنهامز. ومن المقرر أن يصبح المتجر مركزًا مهمًا للصحة والرفاهية بعد موافقة مجلس صحة جامعة بيتسي كادوالادر ومجلس جوينيد على استثمار بقيمة 30 مليون جنيه إسترليني. وقد تم تقديم الخطط إلى مجلس الصحة والحكومة الويلزية للحصول على الموافقة الرسمية. وتم تبادل العقود لبيع حصة إيجارية طويلة الأجل لمجلس الصحة للمركز ومن المتوقع أن يتم الانتهاء منه خلال عام 2025 بمجرد الحصول على موافقة الحكومة الويلزية.
The development will provide a significant boost to Bangor city centre with an increase anticipated in footfall within the city centre as a result.
The Deiniol Shopping Centre is also within close proximity to the subject property. Comprising over 20 stores with 120 car parking spaces, retailers include Specsavers, Vision Express, EE, Vodafone, Subway, Timpson and Card Factory.
إقامة
تم قياس العقار بواسطة BKR Floor Plans وهو يوفر صافي مساحات الطوابق الداخلية التالية:
صافي الواجهة | 5.94 m | 19?6? |
الواجهة الإجمالية | 6.55 م | 21?6? |
المنطقة أ | 35.30 sq m | 380 sq ft |
المنطقة ب | 33.82 sq m | 364 sq ft |
المنطقة ج | 25.64 متر مربع | 276 قدم مربع |
ITZA | 631 | |
المجموع | 94.76 sq m | 1,020 sq ft |
مجموعة من مخططات الطوابق متاحة للتنزيل.
قيمة ضريبة المباني
According to the Valuation Office website the rateable value for the property is £22,000.
The business rates multiplier is 0.562.
فترة
التملك الحر
الإيجار
The ground floor unit is let to Done Brothers (Cash Betting) Limited, t/a Betfred on a full repairing and insuring lease for a term of 10 years from 25th March 2020, expiring on 24th March 2030. The current passing rent is £30,000 per annum.
The lease includes a tenant?s break option on 24th March 2025. However, in accordance with a Deed of Variation dated 12th November 2024, this break clause has been moved to 24th March 2026, subject to six months? prior written notice. In the event this break clause is exercised, the tenant will have to pay the Landlord a break penalty of £10,000.
Also, in accordance with the Deed of Variation, with effect from 25th March 2025 the annual rent will be 20000 جنيه إسترليني سنويًا for the remainder of the term.
The tenant has been in occupation since at least 2009 and entered into a lease renewal in June 2020, demonstrating their commitment to the property.
The first and second floors have been let on a 999 year lease from 1st April 2011 at a peppercorn rent.
عهد
The tenant, Done Brothers (Cash Betting) Limited (Co. No. 01277703), has reported the following figures;
1st October 2023 | 1 أكتوبر 2022 | |
دوران | £432,162,000 | 418.840.000 جنيه إسترليني |
أرباح (خسارة) ما قبل الضرائب | (£36,069,000)* | 40.464.000 جنيه إسترليني |
المساهمين؟ أموال | £42,344,000 | 90,399,000 جنيه إسترليني |
*The accounts state that there were exceptional items totalling £82,646,000 including a charge relating to the prevision of amounts due from group undertakings which are no longer considered to be recoverable.
Incorporated in 1976, Done Brothers functions as a facilitator of gambling and betting activities. The primary activity of the company concerns retail bookmaking estate, trading under the Betfred name. The retail business consists of traditional Licensed Betting Offices (LBOs) situated at various locations throughout the United Kingdom. Done Brothers run 1,029 betting offices across the UK.
The ultimate parent company is Betfred Group Holdings Limited. Betfred is a recognised global brand in the betting and gambling industry. The company has over 50 years of history and continues to be owned by family. Betfred commits to values of fairness and safety, while continuing to prioritise customer satisfaction. For the year ending 1st October 2023 the company balance sheet reported Shareholders? Funds of £164,008,000.
لمزيد من المعلومات قم بزيارة www.betfredgroup.com.
ضريبة القيمة المضافة
The property has not been registered for VAT and therefore VAT is not applicable.
عرض
لقد أمرنا بالسعي للحصول على رقم 200 ألف جنيه إسترليني (Two Hundred Thousand Pounds), subject to contract, reflecting a net yield of 9.8% from March 2025 (assuming standard purchaser?s costs of 2.3%).
Please note that a purchaser will be re-charged the costs of the searches (£525.97) which are provided in the data room.
يرجى ملاحظة أنه سيتم فرض رسوم معاملة على المشتري بقيمة 5000 جنيه إسترليني بالإضافة إلى ضريبة القيمة المضافة.
اعتبارات الاستثمار
An opportunity to acquire a VAT-free investment in an area of significant regeneration;
The property occupies a prominent position in the town centre;
التملك الحر؛
Let to Betfred, one of the largest and most recognised businesses within the gambling industry;
Betfred have been in occupation since at least 2009 and have moved their March 2025 break option, demonstrating their commitment to the property;
الشراء بسعر الطلب يعكس صافي عائد مبدئي جذاب ؛
حجم عقد جذاب للمستثمر.