Let to Newcare Housing Society (a Registered Charity)
20 year lease expiring April 2036 (no breaks)
RPI Rent Reviews increasing annually every April
Residential location close to local shopping facilities, various schools and Greenbank Train Station (5 minute walk)
VAT-free Charity-Let Investment
Lot 24
Auction 21st July 2021
Rent £17,297 per Annum Exclusive
Status Withdrawn Post
Price
Sector Medical Centre/Doctors, Healthcare
Auction Venue Live Streamed Auction
Property Information
Location
Miles
1 mile south-west of Northwich Town Centre
13 miles north of Crewe
22 miles south-west of Manchester
Roads
A49, A533, A556
Rail
Greenbank
Air
Manchester Airport
Situation
Northwich lies approximately 13 miles north of Crewe and 22 miles south-west of Manchester within the heart of Cheshire. Northwich benefits from good road communication links being close to the A556 and A49 arterial routes and within 6 miles of J10 of the M56 motorway. The property is situated on a cul-de-sac of only five properties facing onto a public green in a predominantly residential location within 0.2 miles of Greenbank Train Station. Various Schools are located nearby and nearby occupiers include Tesco Express, Premier Express Convenience Store and various independent shops, cafe's and takeaways.
Tenure
Freehold.
Location
Miles
1 mile south-west of Northwich Town Centre
13 miles north of Crewe
22 miles south-west of Manchester
Roads
A49, A533, A556
Rail
Greenbank
Air
Manchester Airport
Situation
Northwich lies approximately 13 miles north of Crewe and 22 miles south-west of Manchester within the heart of Cheshire. Northwich benefits from good road communication links being close to the A556 and A49 arterial routes and within 6 miles of J10 of the M56 motorway. The property is situated on a cul-de-sac of only five properties facing onto a public green in a predominantly residential location within 0.2 miles of Greenbank Train Station. Various Schools are located nearby and nearby occupiers include Tesco Express, Premier Express Convenience Store and various independent shops, cafe's and takeaways.
Tenure
Freehold.
Description
The property comprises a semi detached two storey residential property with a living room/dining area, kitchen, bedroom, shower room and WC on the ground floor. At first floor level there are six bedrooms with a bathroom and additional WC. The property also benefits from a tarmac driveway with a fenced lawn garden at the front, together with a further garden and paved patio to the rear.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
D. See legal pack at www.acuitus.co.uk.
Description
The property comprises a semi detached two storey residential property with a living room/dining area, kitchen, bedroom, shower room and WC on the ground floor. At first floor level there are six bedrooms with a bathroom and additional WC. The property also benefits from a tarmac driveway with a fenced lawn garden at the front, together with a further garden and paved patio to the rear.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
D. See legal pack at www.acuitus.co.uk.
Tenancy & Accommodation
Floor
Use
Gross Internal Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground First
Residential (7 bedrooms, living room/dining area, kitchen, bedroom, shower room, WC and bathroom)
75.04 sq m 78.03 sq m
(808 sq ft) (840 sq ft)
NEWCARE HOUSING SOCIETY (1)
20 years from 26/04/2016 until 25/04/2036 on a full repairing and insuring lease
£17,297.97
Annual RPI rent reviews capped at 4% pa
Total
153.07 sq m
(1,648 sq ft)
£17,297.97
(1) Newcare Housing Society (charity number CN1058240) were formally known as Newcare Foundation. The Charity was incorporated in 1991 and aims to promote the support of persons who require special care, education or training. The property is sublet to One2One Chershire Ltd who operate as a supported living provider.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
