Let to Farmfoods Limited until October 2029 (no breaks)
Tenant in Occupation since March 1994
Comprises Approximately 4,729 sq ft (439.30 sq m)
Car Parking for Approximately 23 Cars
Nearby occupiers include Sainsbury's, Subway, Kwikfit, Aldi and Numerous Local Retailers
Lot 31
Auction 13th December 2023
Rent £41,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector Supermarket/Convenience
Auction Venue Live Streamed Auction
Property Information
Location
Miles
1 mile south-west of Birkenhead Town Centre, 3 miles south-west of Liverpool
Roads
A41, A552, M53, M56
Rail
Rock Ferry, Birkenhead Central
Air
Liverpool John Lennon Airport
Situation
Prenton is a popular residential suburb, 3 miles south-west of Liverpool. The property is situated on the West side of Woodchurch Road, the Towns main retail thoroughfare, at its junction with Storeton Road. Nearby occupiers include Sainsbury's, Subway, Kwikfit, Aldi and numerous local retailers.
Tenure
Freehold.
Location
Miles
1 mile south-west of Birkenhead Town Centre, 3 miles south-west of Liverpool
Roads
A41, A552, M53, M56
Rail
Rock Ferry, Birkenhead Central
Air
Liverpool John Lennon Airport
Situation
Prenton is a popular residential suburb, 3 miles south-west of Liverpool. The property is situated on the West side of Woodchurch Road, the Towns main retail thoroughfare, at its junction with Storeton Road. Nearby occupiers include Sainsbury's, Subway, Kwikfit, Aldi and numerous local retailers.
Tenure
Freehold.
Description
The property comprises a ground floor supermarket. The property benefits from a large site of approximately 0.14 Hectares (0.34 Acres) upon which is a car park and an electricity substation. The property has a site coverage of approximately 28%.
VAT
VAT is not applicable to this lot.
Completion Period
22nd January 2024
EPC
Band D
Description
The property comprises a ground floor supermarket. The property benefits from a large site of approximately 0.14 Hectares (0.34 Acres) upon which is a car park and an electricity substation. The property has a site coverage of approximately 28%.
VAT
VAT is not applicable to this lot.
Completion Period
22nd January 2024
EPC
Band D
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
Rent Review (Reversion)
Ground
Supermarket
439.30
(4,729)
FARMFOODS LIMITED (CRN:SC030186) (2)
10 years from 27/10/2019
£41,500
27/10/2024 (26/10/2029)
Total Approximate Floor Area
439.30
(4,729)
£41,500
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/499692165) (2) For the year ended 31/12/2022 Farmfoods Ltd reported a turnover of £942,446,000, pre-tax profit of £22,225,000 and a net worth of £142,075,000 (Source: Northrow 13/11/2023). The tenant has been in occupation since 1994.
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.
