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

  • McDonalds Restaurants Ltd, Marus Bridge Retail Park<br>Worthington Way<br>Wigan<br>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

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.

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)

Contacts

Associate Auctioneers
B8 Real Estate 6800 Daresbury Park
Warrington
WA4 4GE
Simon Wood 01925 320 520simon@b8re.com
Seller's Solicitors
Kuit Steinart Levy LLP 3 St Mary?s Parsonage
Manchester
M3 2 RD
Mark Costello 0161 832 3434 MarkCostello@kuits.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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