164-166 Dalton Road Barrow-in-Furness Cumbria LA14 1PU

  • 164-166 Dalton Road<br>Barrow-in-Furness<br>Cumbria<br>LA14 1PU

164-166 Dalton Road
Barrow-in-Furness
Cumbria
LA14 1PU

Freehold Retail Investment

  • Let to G.R. & M. M. Blackledge Plc (t/a Bodycare)
  • 5-year lease renewal from December 2023 (No breaks)
  • Approximately 3,457 sq ft
  • Opposite Portland Walk Shopping Centre
  • Nearby occupiers include B&M, Poundland, Sports Direct, The Works, Boots Pharmacy, Superdrug, McDonald's, Costa Coffee (adjacent) and Greggs
  • Lot
    32
  • Auction
    27th March 2024
  • Rent
    £32,500 per Annum Exclusive
    (3)
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • Let to G.R. & M. M. Blackledge Plc (t/a Bodycare)
  • 5-year lease renewal from December 2023 (No breaks)
  • Approximately 3,457 sq ft
  • Opposite Portland Walk Shopping Centre
  • Nearby occupiers include B&M, Poundland, Sports Direct, The Works, Boots Pharmacy, Superdrug, McDonald's, Costa Coffee (adjacent) and Greggs
  • Lot 32
  • Auction 27th March 2024
  • Rent £32,500 per Annum Exclusive (3)
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
17 miles north-west of Lancaster, 32 miles north of Preston
Roads
A590, A595
Rail
Barrow-in-Furness Train Station
Air
Manchester Airport
Situation

The property is prominently situated on the east side of the pedestrianised Dalton Road, in the heart of Barrow town centre and opposite Portland Walk Shopping Centre. Nearby occupiers include B&M, Poundland, Sports Direct, The Works, Boots Pharmacy, Superdrug, McDonald's, Costa Coffee (adjacent) and Greggs.

Tenure

Freehold.

Location
Miles
17 miles north-west of Lancaster, 32 miles north of Preston
Roads
A590, A595
Rail
Barrow-in-Furness Train Station
Air
Manchester Airport
Situation

The property is prominently situated on the east side of the pedestrianised Dalton Road, in the heart of Barrow town centre and opposite Portland Walk Shopping Centre. Nearby occupiers include B&M, Poundland, Sports Direct, The Works, Boots Pharmacy, Superdrug, McDonald's, Costa Coffee (adjacent) and Greggs.

Tenure

Freehold.

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% 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

Band C

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% 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

Band C

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
220.45
100.80
(2,372)
(1,085)
G.R. & M.M. BLACKLEDGE PLC (t/a Bodycare) (2) 5 years from 13/12/2023 on a full repairing and insuring lease
£32,500 (3)
Total  
321.25
(3,457)
   
£32,500 (3)

(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) Bodycare is a cosmetic and beauty retailer that sells branded products made by the likes of L'Oreal and Nivea, and have been established since 1970. They currently trade from over 130 stores across the UK with several in London and Birmingham (www.bodycareonline.co.uk).
(3) The tenant is benefitting from half rent (£16,250) until 12/09/2024. The Seller will pay to the Buyer the equivalent rent that would have been due from completion of the sale until the end of the concessionary rental period - please see Special Conditions of Sale.

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
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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