6 Wrexham Street Mold Flintshire CH7 1ES

  • 6 Wrexham Street<br>Mold<br>Flintshire<br>CH7 1ES

6 Wrexham Street
Mold
Flintshire
CH7 1ES

Freehold Retail Investment

  • Let to Corbett Bookmakers Limited until 2030
  • Historic town centre location
  • Nearby occupiers include Lloyds TSB, First Choice, J D Wetherspoon and New Look
  • Six Week Completion Available
  • Lot
    49
  • Auction
    18th October 2011
  • Rent
    £30,500 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
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Freehold Retail Investment

  • Let to Corbett Bookmakers Limited until 2030
  • Historic town centre location
  • Nearby occupiers include Lloyds TSB, First Choice, J D Wetherspoon and New Look
  • Six Week Completion Available
  • Lot 49
  • Auction 18th October 2011
  • Rent £30,500 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
9 miles west of Chester , 18 miles south-east of Liverpool
Roads
A494, A55, M56, M53
Rail
Buckley Rail, Penyffordd Rail
Air
Liverpool John Lennon Airport, Manchester Airport
Situation

Mold is an attractive historic town and is the largest town in Flintshire. The property is situated in the town centre close to The Cross and High Street where a twice weekly market operates. Nearby occupiers include Lloyds TSB, First Choice, J D Wetherspoon and New Look.

Tenure

Freehold.

Location
Miles
9 miles west of Chester , 18 miles south-east of Liverpool
Roads
A494, A55, M56, M53
Rail
Buckley Rail, Penyffordd Rail
Air
Liverpool John Lennon Airport, Manchester Airport
Situation

Mold is an attractive historic town and is the largest town in Flintshire. The property is situated in the town centre close to The Cross and High Street where a twice weekly market operates. Nearby occupiers include Lloyds TSB, First Choice, J D Wetherspoon and New Look.

Tenure

Freehold.

Description

The property comprises a retail unit and ancillary accommodation on the ground floor with ancillary accommodation on part of the first floor. There is a hairdressing salon on part of the first floor and the whole of the second floor which the tenant has sublet.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises a retail unit and ancillary accommodation on the ground floor with ancillary accommodation on part of the first floor. There is a hairdressing salon on part of the first floor and the whole of the second floor which the tenant has sublet.

VAT

VAT is not 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

Part First
Part First
Second
Retail
Ancillary
Ancillary
Hairdressing
Salon
121.15 sq m
52.95 sq m
58.25 sq m
51.10 sq m
48.31 sq m
(1,304 sq ft)
(570 sq ft)
(627 sq ft)
(550 sq ft)
(520 sq ft)
CORBETT
BOOKMAKERS
LIMITED (1)
25 years from 25/12/2005 until 2030 (2) £30,500 2015 and 5 yearly
Totals  

331.76 sq m

(3,571 sq ft)
    £30,500  

(1) For the ending 31st March 2010, Corbett Bookmakers Limited reported a turnover of £162,581,000, a pre-tax profit of £850,876 and a total net worth of £5,545,000. (Source: www.riskdisk.com 21/09/2011).
(2) The tenant has sublet part of the first floor and the whole of the second floor of the property.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Martin SzamfeberMartin Szamfeber +44 (0)20 7034 4858 martin.szamfeber@acuitus.co.uk
Associate Auctioneers
Mason Owen & Partners Gladstone House, 11 Union Court
Liverpool
Merseyside
L2 4UQ
Jamie Moffatt +44 (0)151 242 3000jamie.moffatt@masonowen.com
Seller's Solicitors
Hill Dickinson 1 St Pauls Square
Liverpool
L3 9SJ
Deborah Halsall +44 (0)151 600 8743deborah.halsall@hilldickinson.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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