Let to Clokken Ltd until September 2035 (no breaks) t/a KFC
Guaranteed by KFC GB Limited
KFC in occupation for in excess of 20 years
Drive Thru and Restaurant with 26 car spaces
Site area of approx. 0.18 Ha (0.44 Acres)
Rent Reviews in 2025 and 2030
Excellent access to road communications
Nearby occupiers include Tesco Superstore, B&M, Currys, B&Q and Screwfix
Lot 7
Auction 7th November 2024
Rent £85,000 per Annum Exclusive
Status Sold
Price £1,235,000
Sector Restaurant
Auction Venue Live Streamed Auction
On Behalf of a Major Fund
Property Information
Location
Miles
20 miles south-west of Manchester, 23 miles south-east of Liverpool
Roads
A533, A559, M56, M6
Rail
Northwich Rail Station
Air
Manchester International Airport
Situation
Northwich lies approximately 13 miles north of Crewe and 20 miles south-west of Manchester within the heart of Cheshire. Northwich benefits from excellent road communication links being close to the A556 and A49 arterial routes and within 6 miles of J10 of the M56 motorway.
The property is situated on the north side of Chester Road (A559) which links Northwich town centre to the west and the A556 to the east. Neighbouring occupiers include The Clock Tower Public House, Evans Halshaw Ford Car Sales and Howarth Timber & Buildings supplies whilst other occupiers in the immediate area include Tesco Superstore, B&M, Currys, B&Q and Screwfix.
Tenure
Freehold.
Location
Miles
20 miles south-west of Manchester, 23 miles south-east of Liverpool
Roads
A533, A559, M56, M6
Rail
Northwich Rail Station
Air
Manchester International Airport
Situation
Northwich lies approximately 13 miles north of Crewe and 20 miles south-west of Manchester within the heart of Cheshire. Northwich benefits from excellent road communication links being close to the A556 and A49 arterial routes and within 6 miles of J10 of the M56 motorway.
The property is situated on the north side of Chester Road (A559) which links Northwich town centre to the west and the A556 to the east. Neighbouring occupiers include The Clock Tower Public House, Evans Halshaw Ford Car Sales and Howarth Timber & Buildings supplies whilst other occupiers in the immediate area include Tesco Superstore, B&M, Currys, B&Q and Screwfix.
Tenure
Freehold.
Description
The property comprises a modern purpose built, single storey drive-thru with indoor and outdoor seating areas. The property benefits from a total site area of 0.18 Ha (0.44 Acres) with a drive-thru road for vehicles, 26 customer parking spaces and a low site coverage.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a modern purpose built, single storey drive-thru with indoor and outdoor seating areas. The property benefits from a total site area of 0.18 Ha (0.44 Acres) with a drive-thru road for vehicles, 26 customer parking spaces and a low site coverage.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx. sq. m. (GIA)
Floor Areas Approx. (sq. ft.) (GIA)
Tenant
Term
Rent p.a.x.
Rent Review
Ground First
Retail Ancillary
282.05
(3,036)
CLOKKEN LIMITED with a guarantee from Kentucky Fried Chicken GB Limited (1)
A term of years from 29/09/2000 until 28/09/2035 (3)
£85,000
29/09/2025 29/09/2030 (2)
Total
282.05
(3,036) (2)
£85,000
(1) KFC is an international fast food restaurant chain with over 24,000 locations globally and over 1,000 in the UK (www.kfc.com). For the year ending 25/12/2022 Kentucky Fried Chicken (Great Britain) Ltd (CRN 00967403) reported a Turnover of £284,274,000, a Pre-Tax Profit of £89,927,000 and a Net Worth of £330,478,000 (North Row 27/02/2024). (2) For the purposes of the rent review the floor areas are assumed to be 2,550 sq ft. Please see the lease for further information. (3) The lease runs for a term until 28/09/2035 by virtue of a 10 year reversionary lease from 29/09/2025.
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.
