Let to Travis Perkins Trading Company Limited t/a Benchmarx Kitchens & Joinery until 2026 (subject to option)
Highly visible from the M62
Nearby occupiers include Ikea, Marks & Spencer, Harveys and McDonald’s
Lot 44
Auction 11th July 2018
Rent £42,180 per Annum Exclusive
Status Sold Prior
Price
Sector Trade Counter/Builders Merchants
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
17 miles west of Manchester 18 miles east of Liverpool
Roads
M62 (Junction 8 and 9), M6, M56, A49
Rail
Warrington Central, Warrington Bank Quay
Air
Manchester International Airport
Situation
The property is prominently situated in the well established Gemini Business Park three miles north of Warrington town centre, immediately south of the M62 between junctions 8 and 9. The property is visible from the M62. Nearby occupiers include Ikea, Marks & Spencer, Harveys and McDonald’s.
Tenure
Freehold.
Location
Miles
17 miles west of Manchester 18 miles east of Liverpool
Roads
M62 (Junction 8 and 9), M6, M56, A49
Rail
Warrington Central, Warrington Bank Quay
Air
Manchester International Airport
Situation
The property is prominently situated in the well established Gemini Business Park three miles north of Warrington town centre, immediately south of the M62 between junctions 8 and 9. The property is visible from the M62. Nearby occupiers include Ikea, Marks & Spencer, Harveys and McDonald’s.
Tenure
Freehold.
Description
The property comprises trade counter unit on the ground and first floors.
VAT
VAT is 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 trade counter unit on the ground and first floors.
VAT
VAT is 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
Review (Reversion)
Ground
First
Trade Counter Office
548.68 sq m
106.12 sq m
(5,906 sq ft)
(1,142 sq ft)
TRAVIS PERKINS TRADING COMPANY LIMITED (1)
10 years from 27/05/2016 on a full repairing and insuring lease (2)
£42,180
27/05/2021 (26/05/2026)
Total
654.8 sq m
(7,048 sq ft)
£42,180
(1) For the year ending 31st December 2016, Travis Perkins Trading Company Limited reported a turnover of £2,728,000,000, pre-tax profits of £136,000,000 and a total net worth of £409,500,000 (Source: Experian Group 12/06/2018). (2) The lease is subject to a schedule of condition and an option to determine the lease on 27/05/2022.
