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EPC
The property has an EPC rating of ‘B’, valid until August 2035.
Alojamiento
The property provides the following Net Internal Floor Areas:
| Frente Neto | 17m | 56 ft |
| Frente Bruto | 18m | 59 ft |
| Zona A | 143.55 sq m | 1,545 sq ft |
| Zona B | 144.51 sq m | 1,555 sq ft |
| Zona C | 120.26 sq m | 1,295 sq ft |
| Total Planta Baja | 408.32 sq m | 4,395 sq ft |
| Primer piso | 88.35 sq m | 951 sq ft |
| Total | 496.70 sq m | 5,346 sq ft |
Un conjunto de planos de planta está disponible para descargar.
Tenencia
Interés de arrendamiento a largo plazo por un período que comienza en la fecha de finalización y vence el 28el Diciembre de 2187 (aproximadamente 163 años sin cumplir) con una renta mínima.
Tenencia
La propiedad se alquila a Specsavers Optical Superstores Limited on a full repairing and insuring lease for a term of 10 years from 26el September 2025, expiring on 25el September 2035. There is a tenant break option on 25el September 2031, subject to six months’ notice.
The rent payable is £70.000 por año. The lease benefits from an upwards only open market rent review on 26el September 2030.
The tenant has been granted a 12-month rent free period, expiring on 25el 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.
Cargo por servicio
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.
Pacto
Specsavers Optical Superstores Limited (Company Number 01721624) has reported the following figures:
| 28th February 2025 | 28 de febrero de 2024 | |
| Rotación | £3,984,625,000 | £3,741,687,000 |
| Beneficios pre-impuesto | £339,356,000 | £323,660,000 |
| Activos netos | £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.
IVA
La propiedad ha sido registrada a efectos del IVA. Se prevé que la venta se considere una Transferencia de Negocio en Marcha (TOGC), sujeta al cumplimiento de las disposiciones del contrato de compraventa.
Propuesta
Se nos instruye a buscar una figura de £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.
Tenga en cuenta que al comprador se le cobrará una tarifa de transacción de 1.0% del precio de compra más IVA.
Consideraciones de inversión
La propiedad está ubicada en una zona próspera dentro del cinturón de cercanías de Londres;
La propiedad ocupa una zona comercial privilegiada dentro del centro comercial Garden Square;
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);
Tamaño de lote atractivo para un inversionista;
Atractivo rendimiento neto inicial.
