49 Gleneagles Road Ellesmere Port Great Sutton Cheshire CH66 4NF

49 Gleneagles Road
Ellesmere Port
Great Sutton
Cheshire
CH66 4NF

Freehold Retail Investment

Let to Martin McColl Limited until 2021 (no breaks)
Forms part of shopping parade
Nearby occupiers include The Sutton Public House, Bargain Booze, Two Dragons Chinese Takeaway and Northern Wheels Car Parts

Lot
24
Auction
22nd May 2014
Rent
£30,000 per Annum Exclusive
Status
Sold
Price
£334,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Retail Investment

Let to Martin McColl Limited until 2021 (no breaks)
Forms part of shopping parade
Nearby occupiers include The Sutton Public House, Bargain Booze, Two Dragons Chinese Takeaway and Northern Wheels Car Parts

Lot 24
Auction 22nd May 2014
Rent £30,000 per Annum Exclusive
Status Sold
Price £334,000
Sector
High Street Retail
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 11 miles south of Liverpool, 40 miles south-west of Manchester
Roads: A41, M56, M5
Rail: Little Sutton Rail Station, Capenhurst Rail Station
Air: Liverpool John Lennon Airport (6 miles)

Situation

The property is situated in a predominantly residential area on the western side of Gleneagles Road, in Great Sutton village, some 2.3 miles west of Ellesmere Port. Nearby occupiers include The Sutton Public House, Bargain Booze, Two Dragons Chinese Takeaway and Northern Wheels Car Parts.

Tenure

Freehold.

Location

Miles: 11 miles south of Liverpool, 40 miles south-west of Manchester
Roads: A41, M56, M5
Rail: Little Sutton Rail Station, Capenhurst Rail Station
Air: Liverpool John Lennon Airport (6 miles)

Situation

Tenure

Freehold.

Description

The property comprises a single storey retail unit, forming part of a local shopping parade.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises a single storey retail unit, forming part of a local shopping parade.

VAT

VAT is not 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	Retail	307.60 sq m	(3,311 sq ft)	MARTIN MCCOLL LIMITED (1)	15 years from 26/05/2006 until 25/05/2021 on a full repairing and insuring lease	£30,000	26/05/2016
Totals		307.60 sq m	(3,311 sq ft)			£30,000

(1) McColl’s Retail Group is the leading neighbourhood retailer in the Independent managed sector running 1,280 convenience and newsagent stores across the UK, with 725 branded as McColl’s convenience stores. (Source: martinmccoll.co.uk 24/04/2014) For the year ending 25th November 2012, Martin McColl Ltd reported a turnover of £409,154,000, pre-tax profits of £19,671,000 and a total net worth of £115,863,000. (Source: www.riskdisk.com 24/04/2014