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EPÜ
The property has an EPC rating of ‘B’, valid until August 2035.
Unterkunft
The property provides the following Net Internal Floor Areas:
| Netzfront | 17m | 56 ft |
| Bruttofassade | 18m | 59 ft |
| Zone A | 143.55 sq m | 1,545 sq ft |
| Zone B | 144.51 sq m | 1,555 sq ft |
| Zone C | 120.26 sq m | 1,295 sq ft |
| Erdgeschoss insgesamt | 408.32 sq m | 4,395 sq ft |
| Erste Stock | 88.35 sq m | 951 sq ft |
| Gesamt | 496.70 sq m | 5,346 sq ft |
Eine Reihe von Grundrissen steht zum Download bereit.
Amtszeit
Langfristige Erbbaurechte für eine Laufzeit vom Fertigstellungsdatum bis zum 28.Th Dezember 2187 (noch etwa 163 Jahre verbleibend) zu einer symbolischen Miete.
Mietverhältnis
Die Immobilie ist vermietet Specsavers Optical Superstores Limited on a full repairing and insuring lease for a term of 10 years from 26Th September 2025, expiring on 25Th September 2035. There is a tenant break option on 25Th September 2031, subject to six months’ notice.
The rent payable is 70.000 £ pro Jahr. The lease benefits from an upwards only open market rent review on 26Th September 2030.
The tenant has been granted a 12-month rent free period, expiring on 25Th September 2026. The vendor will top-up the income by way of an appropriate adjustment on the completion sum, in order than an investor does not suffer an income shortfall.
The tenant has had a presence in the shopping centre since 2004 (21 years) and recently relocated from 18 Commerce Way.
Servicegebühr
The service charge payable by the tenant is £14,557 per annum. Copies of the service charge accounts and budget are provided in the data room.
Bund
Specsavers Optical Superstores Limited (Company Number 01721624) has reported the following figures:
| 28th February 2025 | 28. Februar 2024 | |
| Umsatz | £3,984,625,000 | £3,741,687,000 |
| Gewinn vor Steuern | £339,356,000 | £323,660,000 |
| Nettovermögen | £422,147,000 | £432,860,000 |
Established in 1983, Specsavers is a multinational optical retail chain offering optometry and optician services for eyesight testing as well as selling glasses, sunglasses, contact lenses and hearing aids.
The company has a presence in the UK, Ireland, Netherlands, Norway, Sweden, Denmark, Finland, Australia, New Zealand and Canada, employing more than 40,000 people who work across over 2,800 Specsavers stores and businesses, as well as in support offices and throughout the supply chain. For further information visit www.specsavers.co.uk/about.
MwSt
Die Immobilie ist umsatzsteuerpflichtig. Es wird erwartet, dass der Verkauf als Übertragung eines laufenden Unternehmens (TOGC) behandelt wird, sofern die Bestimmungen des Kaufvertrags eingehalten werden.
Vorschlag
Wir werden angewiesen, eine Zahl zu suchen £740,000, (Seven Hundred and Forty Thousand Pounds) subject to contract, reflecting a net initial yield of 9.0%.
Please note that a purchaser will be re-charged the costs of the searches (£1,262.76) which are provided in the data room.
Bitte beachten Sie, dass dem Käufer eine Transaktionsgebühr von 1,01 TP3T des Kaufpreises zuzüglich Mehrwertsteuer berechnet wird.
Überlegungen zur Investition
Das Anwesen befindet sich in einer wohlhabenden Lage im Pendlergürtel von London.
Die Immobilie befindet sich in erstklassiger Lage im Garden Square Shopping Centre.
Undoubted income, being let to Specsavers Optical Superstores Limited (Pre-Tax Profits £339 million);
New letting from September 2025;
The tenant has had a presence in the shopping centre since 2004 (21 years);
Attraktive Grundstücksgröße für einen Investor;
Attraktive Nettoanfangsrendite.
