Scaffell Road Queensway Industrial Estate Lytham St Annes FY8 3HE

  • Scaffell Road<br>Queensway Industrial Estate<br>Lytham St Annes<br>FY8 3HE

Scaffell Road
Queensway Industrial Estate
Lytham St Annes
FY8 3HE

Freehold Trade Counter Investment

  • Entirely let to Howden Joinery Properties Limited (with guarantee from Howden Joinery Limited)
  • Located within the established Queensway Industrial Estate
  • Nearby occupiers include Graham Plumbers Merchant, Unipart Automotive and North West Roofing Supplies
  • Approximate site area of 0.245 hectares (0.606 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    58
  • Auction
    10th December 2015
  • Rent
    £48,750 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Trade Counter Investment

  • Entirely let to Howden Joinery Properties Limited (with guarantee from Howden Joinery Limited)
  • Located within the established Queensway Industrial Estate
  • Nearby occupiers include Graham Plumbers Merchant, Unipart Automotive and North West Roofing Supplies
  • Approximate site area of 0.245 hectares (0.606 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 58
  • Auction 10th December 2015
  • Rent £48,750 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    Trade Counter/Builders Merchants
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
4.5 miles south of Blackpool, 14 miles west of Preston, 24 miles west of Blackburn
Roads
B5261, A5230, M55 (Junction 4)
Rail
St Annes-on-the-Sea
Air
Blackpool Airport
Situation

The property is situated on the eastern side of Scaffell Road, in the well established Queensway Industrial Estate to the north-west of Lytham St Annes town centre. The estate is accessed off Queensway (B5261), which provides direct access into Blackpool. The property benefits from being within close proximity of the M55 (Junction 4), providing connection to the M6 and motorway network beyond. Nearby occupiers include Graham Plumbers Merchant, Unipart Automotive and North West Roofing Supplies.

Tenure

Freehold.

Location
Miles
4.5 miles south of Blackpool, 14 miles west of Preston, 24 miles west of Blackburn
Roads
B5261, A5230, M55 (Junction 4)
Rail
St Annes-on-the-Sea
Air
Blackpool Airport
Situation

The property is situated on the eastern side of Scaffell Road, in the well established Queensway Industrial Estate to the north-west of Lytham St Annes town centre. The estate is accessed off Queensway (B5261), which provides direct access into Blackpool. The property benefits from being within close proximity of the M55 (Junction 4), providing connection to the M6 and motorway network beyond. Nearby occupiers include Graham Plumbers Merchant, Unipart Automotive and North West Roofing Supplies.

Tenure

Freehold.

Description

The property comprises a ground floor trade counter unit with an approximate site area of 0.245 hectares (0.606 acres).

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

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 ground floor trade counter unit with an approximate site area of 0.245 hectares (0.606 acres).

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

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 Reviews
Ground Trade Counter/
Ancillary
1,483.34 sq m
(15,967 sq ft)
HOWDEN JOINERY
PROPERTIES LIMITED
(1) (with guarantee
from Howden Joinery
Limited) (2)
20 years from 11/06/2001
on a full repairing and
insuring lease (3)
£48,750 11/06/2016
Totals  
1,483.34 sq m
(15,967 sq ft)
    £48,750

(1) For the year ending 27th December 2014, Howden Joinery Properties Limited reported a turnover of £40,790,000, pre-tax profits of £686,000 and a total net worth of £334,000. (Source: Experian Group 12/11/2015)
(2) For the year ending 27th December 2014, Howden Joinery Limited reported a turnover of £1,080,083,000, pre-tax profits of £193,306,000 and a total net worth of £447,884,000. (Source: Experian Group 12/11/2015)
(3) The full repairing obligation relates to the tenant’s demise only and not to shared areas.

Contacts

Seller's Solicitors
Harold Benjamin Solicitors Hill House, 67-71 Lowlands Road
Harrow
Middlesex
HA1 3EQ
020 8864 7530
Varsha Sood 020 8872 3028varsha.sood@haroldbenjamin.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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