Let to Hospice of The Good Shepherd Promotions Limited
Lease expires July 2026 (subject to option)
Approx. 8,810 sq ft
Close to the Port Arcades Shopping Centre with nearby retailers including Boots the Chemist, Holland & Barrett, Savers, Specsavers and Costa Coffee.
Lot 37
Auction 3rd November 2022
Rent Gross: £17,500 per Annum Exclusive Net: £15,650
Status Sold Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
7 miles north of Chester, 13 miles south of Liverpool, 36 miles south-west of Manchester
Roads
M56 (Junction 15), M63 (Junction 9)
Rail
Ellesmere Port Railway Station
Air
Liverpool John Lennon, Manchester International
Situation
The property is situated in a prominent position on the eastern side of the pedestrianised Rivington Road. The property is opposite the Port Arcades Shopping Centre with nearby retailers including Boots the Chemist, Holland & Barrett, Savers, Specsavers and Costa Coffee.
Tenure
Leasehold. Held from Cheshire West and Chester Borough Council for a term of 99 years from 25/03/1968 at a fixed ground rent of £1,850 per annum. See legal pack for full details.
Location
Miles
7 miles north of Chester, 13 miles south of Liverpool, 36 miles south-west of Manchester
Roads
M56 (Junction 15), M63 (Junction 9)
Rail
Ellesmere Port Railway Station
Air
Liverpool John Lennon, Manchester International
Situation
The property is situated in a prominent position on the eastern side of the pedestrianised Rivington Road. The property is opposite the Port Arcades Shopping Centre with nearby retailers including Boots the Chemist, Holland & Barrett, Savers, Specsavers and Costa Coffee.
Tenure
Leasehold. Held from Cheshire West and Chester Borough Council for a term of 99 years from 25/03/1968 at a fixed ground rent of £1,850 per annum. See legal pack for full details.
Description
The property comprises a large shop arranged on the ground and first floors.
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
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a large shop arranged on the ground and first floors.
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
The EPC will be available to view online in the solicitor’s 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 First
Retail/Ancillary Ancillary
419.60 398.96
(4,516) (4,294)
HOSPICE OF THE GOOD SHEPHERD PROMOTIONS LIMITED (2) (t/a Hospice of The Good Shepherd)
10 years from 26/07/2016 on a full repairing & insuring lease (3)
£17,500
Total
818.56
(8,810)
£17,500
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk) (2) The tenant trades from 6 shops in Cheshire (www.hospiceofthegoodshepherd.com) (3) The lease is subject to a tenant option to break on 26/07/2023
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.
