McDonalds Restaurants Ltd, Marus Bridge Retail Park Worthington Way Wigan WN3 6AX

McDonalds Restaurants Ltd, Marus Bridge Retail Park
Worthington Way
Wigan
WN3 6AX

Modern Drive-Thru Restaurant Investment

Let to McDonald’s Restaurants Limited until 2021 (no breaks)
Located on busy Marus Bridge Retail Park adjacent to a new Sainsbury’s Foodstore and Petrol Filling Station
Prominent corner position on Warrington Road (A49)
Nearby occupiers include Asda, Homebase and B & M Home Store
Six Week Completion

Lot
10
Auction
5th December 2013
Rent
£56,576 per Annum Exclusive
Status
Sold
Price
£810,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Modern Drive-Thru Restaurant Investment

Let to McDonald’s Restaurants Limited until 2021 (no breaks)
Located on busy Marus Bridge Retail Park adjacent to a new Sainsbury’s Foodstore and Petrol Filling Station
Prominent corner position on Warrington Road (A49)
Nearby occupiers include Asda, Homebase and B & M Home Store
Six Week Completion

Lot 10
Auction 5th December 2013
Rent £56,576 per Annum Exclusive
Status Sold
Price £810,000
Sector
Restaurant
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 2.2 miles south-west of Wigan, 18.5 miles north-east of Liverpool, 19 miles north-west of Manchester
Roads: A49, M6 (Junction 25), M58
Rail: Pemberton Rail, Wigan Wallgate Rail
Air: Liverpool John Lennon Airport, Manchester Airport

Situation

The property is situated in a very prominent position within the busy Marus Bridge Retail Park on the northern side of Worthington Way, at its junction with Warrington Street (A49) which provides a direct link between Wigan town centre and the M6 motorway (Junction 25). Nearby occupiers include Sainsbury’s, Asda, Homebase and B & M Home Store. Sainsbury’s have recently extended their lease on the adjacent foodstore and petrol filling station to in excess of 25 years (no breaks), following an extensive redevelopment.

Tenure

Virtual Freehold. Held from Marus Properties LLP for a term of 999 years from completion at a peppercorn rent.

Location

Miles: 2.2 miles south-west of Wigan, 18.5 miles north-east of Liverpool, 19 miles north-west of Manchester
Roads: A49, M6 (Junction 25), M58
Rail: Pemberton Rail, Wigan Wallgate Rail
Air: Liverpool John Lennon Airport, Manchester Airport

Situation

Tenure

Virtual Freehold. Held from Marus Properties LLP for a term of 999 years from completion at a peppercorn rent.

Description

The property comprises a modern purpose built 24-hour drive-thru restaurant and benefits from on-site car parking.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a modern purpose built 24-hour drive-thru restaurant and benefits from on-site car parking.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground	Restaurant/ Ancillary	202 sq m	(2,176 sq ft)	MCDONALD’S RESTAURANTS LIMITED (1)	25 years from 29/09/1996 until 28/09/2021 on a full repairing and insuring lease	£56,576	28/09/2016
Totals		202 sq m	(2,176 sq ft)			£56,576

(1) For the year ending 31st December 2012, McDonald’s Restaurants Limited reported a turnover of £1,317,594,000, pre-tax profits of £202,214,000 and a total net worth of £643,048,000. (Source: www.riskdisk.com 05/11/2013)