Nearby occupiers include Santander, Iceland, New Look, WH Smith, and Barclays Bank
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 24
Auction 16th February 2017
Rent £50,000 per Annum Exclusive
Status Sold
Price £460,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Wesleyan
Property Information
Location
Miles
12 miles south of Chester, 31 miles north of Shrewsbury, 54 miles south-west of Manchester
Roads
A525, A534, A483
Rail
Wrexham General, Wrexham Central
Air
Manchester International Airport, John Lennon Airport (Liverpool)
Situation
The property is situated in a prominent position on the south side of Hope Street, one of Wrexham’s major pedestrianised thoroughfares. Nearby occupiers include Santander, Iceland, New Look, WH Smith, and Barclays Bank.
Tenure
Freehold.
Location
Miles
12 miles south of Chester, 31 miles north of Shrewsbury, 54 miles south-west of Manchester
Roads
A525, A534, A483
Rail
Wrexham General, Wrexham Central
Air
Manchester International Airport, John Lennon Airport (Liverpool)
Situation
The property is situated in a prominent position on the south side of Hope Street, one of Wrexham’s major pedestrianised thoroughfares. Nearby occupiers include Santander, Iceland, New Look, WH Smith, and Barclays Bank.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors.
VAT
VAT is not applicable to this lot.
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 Second
Retail Ancillary Ancillary
97.42 sq m 13.75 sq m 13.75 sq m
(1,049 sq ft) (148 sq ft) (148 sq ft)
HOLLAND & BARRETT RETAIL LIMITED (1)
12 years from 29/10/2009
£50,000
27/04/2021
Totals
124.92 sq m
(1,345 sq ft)
£50,000
(1) For the year ending 30th September 2015, Holland & Barrett Retail Limited reported a turnover of £424,662,000, pre-tax profits of £129,456,000 and a total net worth of £326,224,000. (Source: www.protect.businessexpress-uk.com 10/01/2017).