72-78 Rosemary Rd, Clacton On Sea, Essex, CO15 1TZ, GB
18,519 sq ft
Purchase price: poa vat is applicable to this lot town centre location.
2018 tenant break option not exercised reversion 2021. the tenant has been trading from the property for some 17 years.
We understand the tenant may consider a regear of their existing lease subject to agreeing terms and contract.
The property is arranged on basement, ground and one upper floor to provide a large ground floor shop.
Location: the resort town of clacton-on-sea has a population of approximately 45,000, which in peak season increases markedly.
The town is located some 25 miles south of ipswich and 13 miles south-east of colchester and has access to the a12 via the a133 and the a120. the a12 connects with the m25 motorway (junction 28) some 35 miles to the south-west.
The property is situated fronting the north side of rosemary road, between its junctions with hayes road and the grove, within the town centre.
Net operating income
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Property facts for 72-78 Rosemary Rd, Clacton On Sea
The property is arranged on basement, ground and one upper ?oor to provide a large ground ?oor shop with ancillary accommodation to the rear and in the basement.
Tenant Information: No. of Branches: 25. QD Stores are an independently owned discount retail chain situated throughout the East of England and the Home Counties. For the year ended 28th February 2017, QD Commercial Group Holdings Limited (the Guarantor) reported a turnover of £71.212m, a pre-tax profit of £812,855, shareholders’ funds of £33.909m and a net worth of £33.895m. (Source: Experian 05.06.2018.) Website Address: www.qdstores.co.uk
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