Nutrafeed Bridge Road North Wrexham LL13 9PS

Nutrafeed
Bridge Road North
Wrexham
LL13 9PS

Freehold Industrial/Warehouse Investment

Entirely let to Nutrafeed Limited until 2022 (subject to option)
Located on Wrexham Industrial Estate, home to more than 150 companies
Nearby occupiers include Kellogg’s, JCB, Tetropak and Tritech
Approximate site area of 0.62 hectares (1.54 acres)
Large yard with car parking for approximately 20 cars

Lot
49
Auction
9th July 2014
Rent
£80,000 per Annum Exclusive
Status
Sold
Price
£670,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Industrial/Warehouse Investment

Entirely let to Nutrafeed Limited until 2022 (subject to option)
Located on Wrexham Industrial Estate, home to more than 150 companies
Nearby occupiers include Kellogg’s, JCB, Tetropak and Tritech
Approximate site area of 0.62 hectares (1.54 acres)
Large yard with car parking for approximately 20 cars

Lot 49
Auction 9th July 2014
Rent £80,000 per Annum Exclusive
Status Sold
Price £670,000
Sector
Industrial, Warehouse
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 42 miles south of Liverpool, 69 miles north-west of Birmingham
Roads: A483, A534, A47
Rail: Wrexham
Air: Liverpool Airport

Situation

The property is located within Wrexham Industrial Estate, one of the largest industrial estates in Wales housing more than 150 companies over 1,000 acres including Kellogg’s, JCB, Tetropak and Tritech. The estate is situated 3 miles from Wrexham town centre and fronts Bridge Road North with good access to the A534 and
A483.

Tenure

Freehold.

Location

Miles: 42 miles south of Liverpool, 69 miles north-west of Birmingham
Roads: A483, A534, A47
Rail: Wrexham
Air: Liverpool Airport

Situation

Tenure

Freehold.

Description

The property comprises a steel portal frame building providing warehouse and office accommodation over ground and first floors. The property benefits from a secure site with car parking for approximately 20 cars, a HGV yard and an approximate site area of 0.62 hectares (1.54 acres).

VAT

VAT is applicable to this lot.

EPC

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

Description

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	Review
Ground First	Warehouse/Offices Warehouse/Offices	1,672.04 sq m 143.73 sq m	(17,998 sq ft) (1,547 sq ft)	NUTRAFEED LIMITED (1)	15 years from 30/07/2007 until 29/07/2022 on a full repairing and insuring lease (2)	£80,000	01/09/2016
Totals		1,815.77 sq m	(19,545 sq ft)			£80,000

(1) Nutrafeed specialise in providing environmental waste solutions for the food and drink industry with clients including Kellogg’s, The Weetabix Food Company and Greene King. This site at Bridge Road North, Wrexham houses the company headquarters with an additional office in Northamptonshire (Source: www.nutrafeed.co.uk 09/06/2014)
(2)The lease provides an option for the tenant to determine in July 2019.