Bethel Square Shopping Centre BreCon - Allsop

Bethel Square
Shopping Centre
Brecon

Each year Brecon Beacons
National Park is visited by
some 4 million people who
spend around 5 million days
and £206 million here.
Brecon Beacons National Park Authority

Investment considerations
Thriving market town and popular tourist destination
4 million tourists per annum
Northern gateway to the Brecon Beacon National Park
Bethel Square Shopping Centre is the main retailing
destination in the region and the main retail thoroughfare
from the town’s car parks and supermarkets
Comprises an attractive open shopping centre
providing 17 retail units and 5 office suites totalling
32,300 sq ft (3,001 sq m)
12 new lettings / lease renewals during the last 3 years
with further asset management opportunities
Total income of £398,924 pa
63% of the current income is let to national multiple
retailers including WH Smith, Boots, Arcadia Group,
Mountain Warehouse, Edinburgh Woollen Mill,
Holland and Barrett and Greggs
99% let
Freehold
We are instructed to seek offers in excess of £4,190,000
(FOUR MILLION ONE HUNDRED AND NINETY
THOUSAND POUNDS) subject to contract and exclusive of
VAT for our client’s freehold interest. A purchase at this level
would reflect a net initial yield of 9.0% assuming purchaser’s
costs of 5.8%.

Location
Brecon is an affluent and quaint market town and is
the northern gateway to the Brecon Beacon National
Park. Brecon is located in the county of Powys, which
has a population of 133,000 people (2011 census),
an increase of 5.3% from the 2001 census.
Brecon is located 64 km (40 miles) north east of
Swansea, 68 km (42 miles) north of Cardiff and
63 km (39 miles) north west of Newport.
The traditional market town is supported by the A40
and A470, which provides an interchange 2.5 km
(1.6 miles) south west of the town centre. The A470
provides direct access to the M4, lying 60 km
(37 miles) to the south.
Communications are further enhanced with Cardiff
International Airport lying 85 km (53 miles) to the
south, providing direct access to 50 destinations and
supporting 1 million passengers each year.
Brecon Beacons National Park has an estimated
4 million visitors each year, making Brecon ideally
located to benefit from the influx of tourists.
A4103
A470
A438
Hereford
A438
A449
A483
A470
A438
A49
A4172
A40
A40
A40
BRECON
A438
A479
A465
A49
A449
M50
A4
A40
A470
A40
A479
A4137
Brecon Beacons National Park
A40
A465
A40
A40
GLOUCE
A465
A470
Merthyr
Tydfil
A465
A465
Abergavenny
A4042
A40
A449
A40
Forest of Dean
A48
M5
A470
Pontypool
M4
ANSEA
A465
Neath
A48
Chepstow
Port Talbot
M4
Pontypridd
A470
NEWPORT
M48
M4
M5
M4
A470
A48
A48(M)
M49
M4
Chipping
Sodbury
CARDIFF
Pontshead
M5
M32

For identification purposes only.
t
Brecon
Cathedral
B 4520 Priory Hill
The Street
Castle Square
Brecon
Castle
Kensington Watergate
B4602 Ship St
B4601
St Micheal
Postem
Ship St
Chapel St
Cas tle St
Cattle
Market
Market St
St
Wheat St
The Street
High St
B4520 The Street
St Mary St
Mount St
TOWN
CENTRE
Lion St
Lion Yard
Heol Gouesnou
Belle Vue Rd
Alexandra Rd
Brecon Business
Centre Market
Approach
Camden Rd
Free St
B4602
Breconshire War
Memorial Hospital
Cerrigcochion Rd
Heol Gouesnou
Buckingham Pl
Free St
Danygaer
Watton
C
ch Way

Situation
Bethel Square Shopping Centre is located within the heart
of Brecon town centre. The shopping centre is accessed off
the northern side of Lion Street and provides the main retail
centre of Brecon. Brecon’s three main car parks are located
adjacent to the shopping centre, providing the main link for
pedestrians between the car parks and the town centre’s
further retail provisions.
The Bethel Square Shopping Centre is located 1.6 km
(1 mile) north east of the A40 / A470 intersection.
The centre is centrally located adjacent to the Co-operative
and Morrisons food stores and opposite the Brecon tourist
information centre.
The River Usk lies 0.3 km (0.2 miles) south of the centre,
providing a scenic backdrop for the town centre’s retail
provisions.
Description
The centre provides an attractive open shopping
centre arranged around a central square. The scheme
totals approximately 29,404 sq ft (2,731.7 sq m) of
open retail accommodation, comprising 17 retail units,
of which 8 are let to national multiple retailers.
The centre also provides approximately 2,896 sq ft
(269.1 sq m) of office accommodation, let to local
occupiers. The office accommodation accounts for
4% of the income.
Tenure
Freehold

The Brecon Beacons National Park
The Brecon Beacons National Park was established in 1957, under the National Parks and Access to the Countryside Act
of 1949. It was the tenth area in Wales and England to be given such status.
The Brecon Beacons National Park provides 520 square miles of protected land and is regarded as the closest
mountainous area to London.
Within one hour’s drive of the national park there are an estimated 2 million people, living within South Wales and Bristol.
Tourism
Brecon has a thriving community and is an extremely
popular holiday destination, being on the northern
edge of the Brecon Beacons National Park, affording
among the best views of the Brecon Beacons
themselves.
Brecon attracts over 4 million tourists per annum.
This translates into an estimated tourist spend
of £206 million each year, a significant proportion
of which is in the Brecon town centre
(source: Brecon Beacons National Park Authority).
About 250,000 people use the National Park
Authority’s three Visitor Centres each year. The
National Park’s main Visitor Centre sits next to the
Bethel Square Shopping Centre.
Retailing in Brecon
Brecon is the largest of the four main retailing centres
within the Brecon Beacons National Park, with the
others being Hay-on-Wye, Crickhowell and Talgarth.
Brecon town centre provides a wide range of
independent and national retailers, providing shopping
facilities for both tourists and local residents.
The town provides a retail market every Tuesday and
Friday, a crafts market every third Saturday between
March and December and a farmers market occurring
every second Saturday of each month.
The Brecon authority UDP sets out that the prime
retail core of the town centre consists of the High
Street, Lion Street, Ship Street and Bulwark, including
Bethel Square and the Co-operative food store.
Demographics
Brecon has a population of approximately
8,000 people with a shopping catchment of
over 25,000. The county of Powys covers
approximately a quarter of Wales with 61.3%
of the Powys population aged between 15 to 64
compared to the Wales average of 64.6%.

Tenancy schedule (part 1)
Unit/
Tenant
Areas
Sq Ft
Lease
Dates
Rent
Comments
Sector Unit Tenant Name Trading As Ground
Floor
First /
Second
Floors
Total ITZA Term
Start
Term
End
Break
Option
Next
RR
Annual
Rent
£ pa
Allsop
Zone A
rent psf
Retail 1 Greggs Plc Greggs 553 1108 1661 590 01/07/2011 30/06/2021 01/07/2016 30/06/2016 £13,500 £22.87
Retail 2&3 WH Smith Retail
Holdings Limited
WH Smith 2925 3829 6754 1,948 01/04/1996 31/03/2016 £62,500 £32.09
Retail 4 Mountain
Warehouse
Limited
Mountain
Warehouse
2156 2156 1,219 29/06/2010 28/06/2020 29/06/2015 29/06/2015 £32,800 £26.90 Lease Renewal
completed
29/6/2010.
Retail 5&6 The Edinburgh
Woollen Mill Ltd
The
Edinburgh
Woollen
Mill
1975 965 2940 1,274 05/02/2013 04/02/2023 04/02/2018 05/02/2018 £32,000 £25.12 Lease renewal
effective from
05/02/2013.
Rent free period
from lease
commencement
until 18/03/2013.
Retail 7 Premier Line
Communications
Limited
Phoneline 480 480 392 17/01/2008 16/01/2018 £12,500 £31.87
Retail 8 Beacons Crafts
Limited
Beacons
Crafts
524 524 389 22/06/2009 21/06/2014 £10,000 £25.70
Retail 9 Andrew Jones Bethal
Electrics
483 252 735 440 30/05/2009 23/06/2014 £10,600 £24.10 Lease renewal
completed 30/05/09.
Storage Andrew Jones 30/05/2009 23/06/2014 £300
Retail 10
&11
Storage
Stephen
Covington and
Helen Covington
Stephen
Covington And
Helen Covington
Giglios
Restaurant
756 756 715 08/05/2008 07/05/2018 08/05/2013 £19,920 £27.87 Deed of Assignment
completed 18th July
2011.
18/07/2011 07/05/2018 £250 New license for store
following assignment
of main lease on
units 10&11.
Retail 12 Boots UK Limited Boots 2924 526 3450 1,660 01/07/1996 30/06/2016 £44,000 £26.51
Retail 13 Holland &
Barrett Retail
Limited
Holland &
Barrett
1286 429 1715 652 01/01/2012 31/12/2017 £18,500 £28.37 Lease renewal
completed
07/08/2012.
Retail 14
&15
Burton/
Dorothy Perkins
Properties Ltd
Guarantee from
Arcadia Group
Limited
Burton/
Dorothy
Perkins
1230 659 1889 1,034 17/10/2000 16/10/2015 £32,000 £30.96
Retail 16 Oxfam Oxfam 550 363 913 490 30/04/2008 29/04/2018 £14,400 £29.37
(continued on the following page)

Tenancy schedule (part 2)
Unit/
Tenant
Areas
Sq Ft
Lease
Dates
Rent
Comments
Sector Unit Tenant Name Trading As Ground
Floor
First /
Second
Floors
Total ITZA Term
Start
Term
End
Break
Option
Next
RR
Annual
Rent
£ pa
Allsop
Zone A
rent psf
Retail 17 Nicholas Ward Birthdays
And
Balloons
Retail 18 Owen Sports
(Brecon) Limited
Guarantee from
Peter Owen
Retail 19 First Optic
Limited
Guarantee from
Keith Coakham
Owen
Sports
First Optic
Brecon
772 590 1362 598 01/07/2006 30/06/2016 £22,500 £37.62
1094 835 1929 770 16/06/2009 15/06/2014 £22,500 £29.21 Lease renewal
completed
02/09/2009.
Fixed rental increase
to £23,500pa on
16/06/2013.
919 919 532 02/11/2012 01/11/2022 01/11/2018 02/11/2017 £15,250 £28.67 New lease
completed
02/11/2012 at a rent
of £15,250pa.
Tenant break penalty.
Retail 20 Ellen Lyle Sirius 645 645 585 20/01/2008 19/01/2018 20/01/2013 £14,500 £24.77
Retail
Offices
Offices
Offices
Offices
Offices
Storage
Unit
30
(1st
Fl 7A)
Lion
House
(1st
Fl 7B)
Lion
House
(1st
Fl 7C)
Lion
House
(2nd
Fl Suite
7D)
Lion
House
(2nd
Fl Suite
7E)
Lion
House
Kizzy Edgson &
Kathleen Edgson
Elf Bazaar 576 576 458 03/06/2010 02/06/2015 £5,000 £10.92 New letting
completed
07/06/2010.
Rent deposit of
£2,350 held.
Vacant 450 450 £0
The Vincent
Wildlife Trust
International
Teams (Uk)
Trust
Brecknock
Wildlife Trust
Limited
Brecknock
Wildlife Trust
Limited
Brecknock
Wildlife Trust
Limited
373 373 01/04/2011 31/03/2014 £2,750 New lease
completed
06/04/2011.
687 687 24/01/2012 23/01/2016 23/01/2014 £4,750 Lease renewal
completed
24/01/2012.
815 815 01/04/2011 31/12/2013 £5,000 Lease renewal
completed
08/03/2011.
571 571 01/04/2011 31/12/2013 £3,400 Lease renewal
completed
08/03/2011.
01/04/2011 31/12/2013 £0 New licence
completed alongside
lease renewal.
N/A
South Wales
Electricity Board
01/08/1995 31/07/2020 £4
Total 32,300 £398,924

Market commentary
Three recent lease renewals / lettings have completed in the Shopping Centre, which provide the most recent
market evidence:
1) Unit 13 Bethel Square - Lease renewal with Holland & Barrett Retail Ltd at £18,500 pa
equating to a Zone A rent of £28.37 per sq ft (August 2012).
2) Units 5 & 6 Bethel Square - Lease renewal with The Edinburgh Woollen Mill Ltd at £32,000 pa
equating to a Zone A of £25.12 per sq ft (February 2013).
3) Unit 19 - Letting to First Optic Ltd at £15,250 pa equating to a Zone A of £28.67 per sq ft (November 2012).
Income Profile by Covenant
Vacancy by Floor Area
National
63%
Local
37%
Vacant
1%
Occupied
99%
Income Expiry Profile (including breaks)
0-4 years
68%
4+ years
32%

Covenants
Greggs PLC (Company Number: 00502851)
Year Ending 27/12/2009 27/12/2010 31/12/2011
Turnover £658,186,000 £662,326,000 £701,088,000
Pre-tax Profit £48,779,000 £52,523,000 £60,500,000
Total Net Worth £163,658,000 £175,794,000 £198,094,000
Holland & Barrett Retail Ltd (Company Number: 02758955)
Year Ending 30/09/2009 30/09/2010 30/09/2011
Turnover £249,645,000 £275,571,000 £307,766,000
Pre-tax Profit £41,161,000 £47,716,000 £56,966,000
Total Net Worth £93,441,000 £91,532,000 £134,681,000
WH Smith Retail Holdings Ltd (Company Number: 00471941)
Year Ending 31/08/2010 31/08/2011 31/08/2012
Turnover £186,480,000 £180,189,000 £172,329,000
Pre-tax Profit (£30,507,000) £180,646,000 (£18,438,000)
Total Net Worth £526,531,000 £442,012,000 £419,072,000
Oxfam (Company Number: 00612172)
Year Ending 31/03/2010 31/03/2011 31/03/2012
Turnover - - -
Pre-tax Profit £23,200,000 £15,100,000 £6,800,000
Total Net Worth £68,300,000 £83,400,000 £73,900,000
Mountain Warehouse Ltd (Company Number: 03417738)
Year Ending 28/02/2010 27/02/2011 29/02/2012
Turnover £46,748,433 £61,926,022 £63,694,584
Pre-tax Profit £7,672,347 £9,071,627 £4,343,494
Total Net Worth £14,266,111 £8,533,304 £12,223,018
Arcadia Group Ltd (Company Number: 00237511)
Year Ending 29/08/2009 28/08/2010 27/08/2011
Turnover £67,931,000 £146,923,000 £139,006,000
Pre-tax Profit £57,745,000 £19,845,000 £26,006,000
Total Net Worth £1,076,321,000 £1,092,763,000 £1,115,152,000
The Edinburgh Woollen Mill Ltd (Company Number: SC024081)
Year Ending 27/02/2010 26/02/2011 25/02/2012
Turnover £156,787,000 £160,349,000 £161,693,000
Pre-tax Profit £22,481,000 £21,233,000 £24,770,000
Total Net Worth £146,198,000 £152,225,000 £169,156,000
Owen Sports (Brecon) Ltd (Company Number: 03216866)
Year Ending 30/07/2009 30/07/2010 30/07/2011
Turnover - - -
Pre-tax Profit - - -
Total Net Worth £274,694 £260,000 £178,312
Premier Line Communications Ltd (Company Number: 04369617)
Year Ending 30/09/2009 30/09/2010 30/09/2011
Turnover - - -
Pre-tax Profit - - -
Total Net Worth £398 £36,454 £57,607
Brecknock Wildlife Trust Ltd (Company Number: 00824844)
Year Ending 31/03/2010 31/03/2011 31/03/2012
Turnover - - -
Pre-tax Profit (£31,369) £46,419 £7,947
Total Net Worth £991,550 £1,041,572 £1,053,124
Beacons Crafts Ltd (Company Number: 03199638)
Year Ending 31/05/2010 31/05/2011 31/05/2012
Turnover - - -
Pre-tax Profit - - -
Total Net Worth £14,795 £10,037 £11,155
International Teams (UK) Trust (Company Number: 04178676)
Year Ending 31/12/2009 31/12/2010 31/12/2011
Turnover - - -
Pre-tax Profit (£42,888) (£28,610) (£19,503)
Total Net Worth £230,676 £202,066 £182,563
Boots UK Ltd (Company Number: 00928555)
Year Ending 31/03/2010 31/03/2011 31/03/2012
Turnover £6,303,000,000 £6,372,000,000 £6,354,000,000
Pre-tax Profit £337,000,000 £220,000,000 £240,000,000
Total Net Worth £313,000,000 £217,000,000 £234,000,000
The Vincent Wildlife Trust Ltd (Company Number: 05598716)
Year Ending 31/12/2009 31/12/2010 31/12/2011
Turnover - - -
Pre-tax Profit £1,281,060 (£6,088,259) £43,528
Total Net Worth £20,653,275 £14,565,016 £13,993,360
Source: RiskDisk (N.B. Total Net Worth excludes intangible fixed assets)

29
30
24
HIGH STREET
25 25A
TS
DS
SPECSAVERS
OPTICIAN
STORE
STRIANS ONLY)
SE
P
(120) (ESTIMATED)
39
31
40
EASTS OF BRECON
BUTCHER
OYDS TSB
K
GIBB
CLOSED
LA BELLE
PIZZA
19 - 20
NICHOLLS
ANTIQUES
MCCARTNEYS
EST AG
CAFE
42 - 43
OR WEAR &
AMPING GOODS
23
REST
BRECON KEBAB &
BURGER HOUSE
EVANS & JAMES
BETTING OFFICE
LEXY`S
BARBER
SHOP
YOUNGS OF BRECON
BRECON FISH BAR
FISH & CHIPS
22
18
21
17
TAKE AWAY
EIGHTY EIGHTY
CHINESETAKEAWAY
LOUNGE
CAFE BAR
SANTANDER
16
44
SANTANDER
BANK
COUNTRY LIFE &
WELSH FLAIR
GIFTS
CARPETS & FLOORING
16
BANK
14 - 15
CLARKS
SHOES
WARWICK
HOUSE
ARDENT
SABLE &
HOGG
ART GAL (RET)
SAVERS
HEALTH & BEAUTY
45
VACANT
15
VACANT
13
14
ART GAL (RET)
CLARKS
GIFTS
SARAH SIDDONS
PUBLIC HOUSE
BEACONS
LAUNDRY
T & C
NELSON
TOYS & GAMES
12
46
ANTIQUES
CANTER-
HAPPY
TACK SHOP
SPT CLUB
CO-OP
TRAVEL AGENT
47
BARGAIN BOOZE
OFF LICENCE
VACANT
ALTERED
IMAGE
CLEE TOMKINSON
FRANCIS
ESTATE AGENT
CLARKS
NURSERY
NURS GDS
COSTA COFFEE
YE OLDE COGNAC
PUBLIC HOUSE
KINDERGARTEN
ROBERTO`S
ITALIAN REST
MORGANNWG HOUSE CARE HOME
HEALTH CENTRE
13
10 - 11 9
CHURCH LANE
DWELLINGS
HAIR
12A
48 - 49
OFFICE
STO
TOP GEAR
CAR SPARES
8
12
50
CLINTON
BRECON
WINES
PARTY - PARTY
OFFICE
PARTY GOODS
13 - 15
OFF LIC
MATTHEWS
JWLR
OFFICE
CARDS & GIFTS
HIGH STREET
7
ENT
RAYNER
OPTICIAN
PO
WILLIAM HILL
51
ST MARY STREET
FRIARS YARD
CO-OPERATIVE FOOD
SUPERMARKET
&
POST OFFICE
BETTING
OFFICE
52
SARAH EVANS
CHIROPODIST
ST. MARYS
BAKERY
11
BRECON
CYBER
CAFE
LION STREET
TH
GARDEN CENTRE
GARDEN GOODS
CONSERVATIVE
BRITISH
RED CROSS
CHARITY
SHOP
GOVERNMENT BUILDING
53 - 54
VACANT
10
HSBC
OFFICE
BANK
VACANT
PLACE OF WORSHIP
SOCIAL CLUB
5
9
TREDEGAR STREET
INFERIOR
GLAMORGAN STREET
3 - 3A
WELLINGTON YARD
BARCLAYS
VACANT
W H SMITH
NEWSAGENT
& BOOKS
(2 RETAIL
FLOORS)
GREGGS
BAKER
GIFTS
BLOCKBUSTER
VIDEO
RENTAL
9
BANK
HALL
OUTDOOR WEAR
& CAMPING GOODS
20
1
CANDYLAND
THE
EDINBURGH
WOOLLEN MILL
CLOTHING
MOUNTAIN
WAREHOUSE
19
SIRIUS
CONF & BIS
SCISSOR
SISTERS
HAIR
ELF
BAZAAR
TRICIA`S
CORACLE
PHONELINE
BIRTHDAYS
& BALLOONS
CARDS
OWEN
SPORTS GOODS
FIRST OPTIC BRECON
OPTICIAN
1
CAFE
18
2 - 3
THE WELLINGTON HOTEL
4
GIFTS
CAFE
8
PUBLIC
HOUSE
SERVICE YARD
17
BEACONS
CRAFTS
4A
CONSERVATIVE
ASSOCIATION
LA LINGERIE
BETHAL
ELEC/GAS
APPS
OXFAM
CHAR SH
SOCIAL
CLUB
EVANS & WILKINS
7
16
5 - 6
CO-OP
PHARMACY
LADIES
WEAR
DOROTHY
PERKINS
SAY-CHEEZE
LADIES & MENS WEAR
GIGLIOS
RESTAURANT
7 8 9 10 - 11
BETHEL
SQUARE
PHOTOGRAPHER
GET CONNECTED!
OFFICE
14 - 15
LION YARD
TEL
STORE
VACANT
CANTRE SELYF
GUEST HOUSE
5
BULWARK
11
KINDLE-
HOUSE
GIFTS
LEEDS
BS
BOOTS
13
CHEMIST
HOLLAND
& BARRETT
JO JO
BEAU SAL
ANDREW MORTON
BOOK SELLER
BOOKS
BENGAL BRASSERIE
HEALTH FOOD
12B
SALAD BOWL
TALK OF THE TOWN
BRITISH REST
12A
HAZEL OF BRECON
JEWELLER
INDIAN REST
CARIAD
TOYS &
GAMES
5
11
GELATERIA & CAFFE BAR
CLARKS
JEFFREYS
& POWELL
BULWARKHOUSE
ELECTRICAL &
GAS APPLIANCES
ARDENT
CALEB ROBERTS
FIN ADV
BRECON
BALTI
INDIAN REST
OFFICE
I/CREAM PARL
Asset Management Opportunities
Bethel Square has always traded well with a high level
of occupancy. During the poorer economic period from
2009, twelve lease renewals / lettings have taken place.
The most recent lease renewals which have completed
in the last 12 months have been to national multiples
such as Edinburgh Woollen Mill and Holland & Barrett.
68% of the leases expire within the next 4 years and
therefore an opportunity exists to re-gear the existing
leases to create longer terms and in turn improve value.
Bethel Square is the 100% prime retailing pitch
in Brecon and as such the opportunity exists to
improve the tenant mix within the square by increasing
the presence of national multiple retailers.
DWELLINGS
5 - 6
DWELLINGS
6
DWG
CAFE
4
ADVICE
CENTRE
DENTAL
SURGERY
4
GIFTS
SOLICITOR
1
ART GALLERY (RETAIL)
4 3
DWG
WALES AIR
AMBULANCE
CHAR SH
TAKE TWO
HAIR STUDIO
HAIR
2
1A
BEACONS
ANTS
DWG
STICKER
STORE
PRT&PHCPY
RED DRAGON
CHINESE REST
1
22
1 - 2
NATIONAL PARK
INFORMATION CENTRE
&
TOURIST
INFORMATION
TGAL
BUSINESS CENTRE
The square would lend itself well to some form of
market stall trading which could provide additional
income and further increase footfall in the square.
There is approximately 2,896 sq ft of office
accommodation which could potentially be
converted to residential, subject to gaining the
necessary consents.
First Floor 7A Lion House is currently vacant and
when let will provide in our opinion an additional
income of approximately £3,000 p.a.
DWELLINGS
PLACE OF
WORSHIP
P
(40) (ESTIMATED)
COUNCIL OFFICES
P
(120) (ESTIMATED)
COUN
OFFI
EPC
Bethel Square has an Energy Performance assessment rating of 84 (Grade D).
Unit 12 has an Energy Performance assessment rating of 113 (Grade E).
EPC certificates available upon request.
BRECKNOCK

Vat
The purchase of the property will be
subject to VAT although it is anticipated the
property will be treated as a Transfer of a
Going Concern (TOGC).
Proposal
We are instructed to seek offers in excess of £4,190,000 (FOUR MILLION ONE
HUNDRED AND NINETY THOUSAND POUNDS) subject to contract and
exclusive of VAT for our client’s freehold interest. A purchase at this level would
reflect a net initial yield of 9.0% assuming purchaser’s costs of 5.8%.
For further information or to make arrangements for viewing please contact:
Jeremy Hodgson
020 7543 6709
jeremy.hodgson@allsop.co.uk
Dale Johnstone
020 7543 6796
dale.johnstone@allsop.co.uk
www.allsop.co.uk

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do
not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements
or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to
make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or
undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser
or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect
the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate
environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP. 04.13