53/55 High Street, Rhyl Denbighshire LL18 1TH

  • 53/55 High Street,<br>Rhyl<br>Denbighshire<br>LL18 1TH

53/55 High Street,
Rhyl
Denbighshire
LL18 1TH

Freehold Retail and Office Investment

  • Shop let to CEX Limited
  • Shop lease expires October 2026 (subject to option)
  • First floor above shop is self contained and vacant
  • Nearby retailers include Morrison's Supermarket, Boots and H. Samuel
  • Lot
    46
  • Auction
    22nd September 2022
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £150,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Trustees
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Freehold Retail and Office Investment

  • Shop let to CEX Limited
  • Shop lease expires October 2026 (subject to option)
  • First floor above shop is self contained and vacant
  • Nearby retailers include Morrison's Supermarket, Boots and H. Samuel
  • Lot 46
  • Auction 22nd September 2022
  • Rent £15,000 per Annum Exclusive
  • Status Sold
  • Price £150,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Trustees

Property Information

Location
Miles
22 miles south-west of Liverpool, 26 miles north-west of Chester, 53 miles west of Manchester
Roads
A525, A528, A55 North Wales Expressway, M56
Rail
Rhyl Station (0.2 miles away)
Air
Liverpool John Lennon, Manchester Airports
Situation

Rhyl is a seaside resort town on the north-east coast of Wales, 22 miles south-west of Liverpool. The property is situated in the heart of the town, on the pedestrianised High Street as well as being close to Rhyl seafront. The town's bus station is located 0.2 miles away from the property. The property is adjacent to Boots and H.Samuel with Morrison's Supermarket closeby.

Tenure

Freehold.

Location
Miles
22 miles south-west of Liverpool, 26 miles north-west of Chester, 53 miles west of Manchester
Roads
A525, A528, A55 North Wales Expressway, M56
Rail
Rhyl Station (0.2 miles away)
Air
Liverpool John Lennon, Manchester Airports
Situation

Rhyl is a seaside resort town on the north-east coast of Wales, 22 miles south-west of Liverpool. The property is situated in the heart of the town, on the pedestrianised High Street as well as being close to Rhyl seafront. The town's bus station is located 0.2 miles away from the property. The property is adjacent to Boots and H.Samuel with Morrison's Supermarket closeby.

Tenure

Freehold.

Description

The property comprises a shop arranged on part ground and first floors with a separately accessed vacant office at first floor.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

See legal pack

Description

The property comprises a shop arranged on part ground and first floors with a separately accessed vacant office at first floor.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

See legal pack

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x.
Ground/Part First Retail/Ancillary
167.60 sq m
(1,804)
CEX LIMITED (2) 10 years from 07/10/2016 (3)
£15,000
First Office/Ancillary
78.50 sq m
(845)
VACANT -
-
Total  
246.10 sq m
(2,649)
   
£15,000

(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) CEX Limited are currently trading from around 380 shops (www.uk.webuy.com/)
(3) The lease is subject to a tenant only option to determine at any time, but this option is conditional - please see lease

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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Structadene Group 3rd Floor, 9 White Lion Street
London
N1 9PD
James Thomson +44 (0)20 7843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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