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.