CPE
The property has an EPC rating of ‘B’, valid until August 2035.
Hébergement
The property provides the following Net Internal Floor Areas:
| Façade nette | 17m | 56 ft |
| Façade brute | 18m | 59 ft |
| Zone A | 143.55 sq m | 1,545 sq ft |
| ZoneB | 144.51 sq m | 1,555 sq ft |
| ZoneC | 120.26 sq m | 1,295 sq ft |
| Rez-de-chaussée Total | 408.32 sq m | 4,395 sq ft |
| Premier étage | 88.35 sq m | 951 sq ft |
| Total | 496.70 sq m | 5,346 sq ft |
Un ensemble de plans d'étage est disponible en téléchargement.
Mandat
Intérêt à bail emphytéotique pour une durée commençant à la date d'achèvement et expirant le 28e 21 décembre 2187 (environ 163 ans restants) à un prix dérisoire.
Location
Le bien est loué à Specsavers Optical Superstores Limited on a full repairing and insuring lease for a term of 10 years from 26e September 2025, expiring on 25e September 2035. There is a tenant break option on 25e September 2031, subject to six months’ notice.
The rent payable is 70 000 £ par an. The lease benefits from an upwards only open market rent review on 26e September 2030.
The tenant has been granted a 12-month rent free period, expiring on 25e 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.
Frais de service
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.
Engagement
Specsavers Optical Superstores Limited (Company Number 01721624) has reported the following figures:
| 28th February 2025 | 28 février 2024 | |
| Chiffre d'affaires | £3,984,625,000 | £3,741,687,000 |
| Bénéfices avant impôts | £339,356,000 | £323,660,000 |
| Actif net | £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.
T.V.A.
Le bien a été enregistré à la TVA. La vente sera considérée comme une cession d'entreprise en activité (TOGC), sous réserve du respect des dispositions du contrat de vente.
Proposition
On nous demande de chercher un chiffre 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.
Veuillez noter qu'un acheteur se verra facturer des frais de transaction de 1,01 TP3T du prix d'achat plus la TVA.
Considérations d'investissement
La propriété est située dans un endroit aisé de la ceinture de banlieue de Londres ;
La propriété occupe un emplacement de vente au détail de premier ordre au sein du centre commercial 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);
Grandeur de terrain attrayante pour un investisseur;
Rendement initial net attractif.
























