2 Witton Walk Weaver Square Shopping Centre Northwich Cheshire CW9 5AT

  • 2 Witton Walk<br>Weaver Square Shopping Centre<br>Northwich<br>Cheshire<br>CW9 5AT

2 Witton Walk
Weaver Square Shopping Centre
Northwich
Cheshire
CW9 5AT

Freehold Retail Investment

  • Trading as O2 until 2023 (subject to option)
  • Prominent pedestrianised town centre location
  • Nearby occupiers include Boots the Chemist, Superdrug, New Look and Holland & Barrett
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    65
  • Auction
    13th October 2016
  • Rent
    £31,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £237,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers Colliers
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Freehold Retail Investment

  • Trading as O2 until 2023 (subject to option)
  • Prominent pedestrianised town centre location
  • Nearby occupiers include Boots the Chemist, Superdrug, New Look and Holland & Barrett
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 65
  • Auction 13th October 2016
  • Rent £31,000 per Annum Exclusive
  • Status Sold
  • Price £237,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
  • On behalf of Receivers Colliers

Property Information

Location
Miles
23 miles south-west of Manchester, 19 miles north-west of Chester
Roads
A533, A556, A559, M6
Rail
Northwich Railway Station
Air
Manchester Airport
Situation

The property is situated on the west side of pedestrianised Witton Walk close to its junction with Witton Street and Leicester Street in the heart of Northwich town centre and forming part of The Weaver Square Shopping Centre. Nearby occupiers include Boots the Chemist, Superdrug, New Look and WH Smith.

Tenure

Freehold.

Location
Miles
23 miles south-west of Manchester, 19 miles north-west of Chester
Roads
A533, A556, A559, M6
Rail
Northwich Railway Station
Air
Manchester Airport
Situation

The property is situated on the west side of pedestrianised Witton Walk close to its junction with Witton Street and Leicester Street in the heart of Northwich town centre and forming part of The Weaver Square Shopping Centre. Nearby occupiers include Boots the Chemist, Superdrug, New Look and WH Smith.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground floor with basement and first floor ancillary accommodation.

Note

This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises retail accommodation on the ground floor with basement and first floor ancillary accommodation.

Note

This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

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 Reversion
  Ground
First
Basement		 Retail
Office/Ancillary
Ancillary		 93.02 sq m
70.14 sq m
21.80 sq m		 (1,001 sq ft)
(755 sq ft)
(234 sq ft)		 MID
COMMUNICATIONS
LIMITED t/a O2 (1)		 10 years from 25/09/2013
on a full repairing and
insuring lease (2)(3)		 £31,000 24/09/2023
  TOTALS   184.96 sq m (1,990 sq ft)     £31,000  

(1) O2 has over 23 million customers and 450 retail stores across the UK and is one of the leading digital communications companies.
(2) The lease is subject to a schedule of condition.
(3) The lease provides for a tenant option to determine the lease on 25/09/2018.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Owen Ormond 0113 283 2500owen.ormond@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

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