My Dentist 105/107 Church Street Runcorn Cheshire WA7 1LA

My Dentist
105/107 Church Street
Runcorn
Cheshire
WA7 1LA

Freehold Dental Surgery Investment

Let to Whitecross Dental Care Limited
Lease until April 2034 (subject to tenant's options to determine)
5 yearly rent reviews
Nearby occupiers include JD Wetherspoon, Co-op, Iceland and a number of local retailers
VAT-free Dental Surgery Investment

Lot
23
Auction
3rd November 2022
Rent
£27,000 per Annum Exclusive
Status
Sold
Price
£327,000
Auction Venue
Live Streamed Auction
On behalf of a Mutual Society

Interested?

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Freehold Dental Surgery Investment

Let to Whitecross Dental Care Limited
Lease until April 2034 (subject to tenant's options to determine)
5 yearly rent reviews
Nearby occupiers include JD Wetherspoon, Co-op, Iceland and a number of local retailers
VAT-free Dental Surgery Investment

Lot 23
Auction 3rd November 2022
Rent £27,000 per Annum Exclusive
Status Sold
Price £327,000
Sector
Medical Centre/Doctors, Healthcare
Auction Venue
Live Streamed Auction
On behalf of a Mutual Society

Property Information

Location

Miles: 10 miles west of Warrington, 15 miles south-east of Liverpool, 28 miles north-west of Manchester
Roads: A56, A533, M56 (Junction 12)
Rail: Runcorn Railway Station
Air: Liverpool John Lennon Airport

Situation

The property is situated on the south side of Church Street, Runcorn's main retail thoroughfare with Runcorn Railway Station approximately 650 metres to the south. Other nearby occupiers include JD Wetherspoon, Co-op, Iceland and a number of local retailers.

Tenure

Freehold.

Location

Miles: 10 miles west of Warrington, 15 miles south-east of Liverpool, 28 miles north-west of Manchester
Roads: A56, A533, M56 (Junction 12)
Rail: Runcorn Railway Station
Air: Liverpool John Lennon Airport

Situation

Tenure

Freehold.

Description

The property comprises two interlinked mid terrace properties currently used as a Dental Surgery and is arranged on the ground, cellar, first and second floors. Rear access to the property is provided via Wellington Street.

VAT

VAT is not applicable to this lot.

Completion Period

6 week completion available.

EPC

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

Description

VAT

VAT is not applicable to this lot.

Completion Period

6 week completion available.

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground First Second	Dentist Dentis/Ancillary Dentist/Ancillary	67.90 (1) 72.10 60.50	(731) (1) (776) (651)	WHITECROSS DENTAL CARE LIMITED (t/a My Dentist) (2)	20 years from 02/04/2014 (3)	£27,000	02/04/2024 and 02/04/2029
Total		200.50	(2,158)			£27,000

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
(2) The property is currently trading as My Dentist. My Dentist are Europe's largest dental care provider with nearly 600 practices and over 5 million patients in the UK (ww.mydentist.co.uk). For the year ending 31st March 2021, Whitecross Dental Care limited reported a turnover of £201,917,000, a post-tax profit of £13,226,000 and shareholder funds of negative £83,655,000 (Source: Companies House 12/10/2022)
(3) The lease is subject to tenant options to determine on 02/04/2024 and 02/04/2029

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.