5 yearly fixed rental increases by 2% per annum compounded
Sublet at £126,795 p.a.x.
Situated on established business park
Terrace of five self-contained offices
Neighbouring occupiers include Moneysupermarket.com, Redrow and Unilever
Lot 24
Auction 11th July 2013
Rent £32,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector Ground Rent
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
8 miles west of Chester, 17 miles south of Liverpool, 90 miles north-west of Stoke on Trent
Roads
A494, A55, M56
Rail
Hawarden Rail Station
Air
Liverpool John Lennon Airport, Manchester Airport
Situation
Ewloe is situated adjacent to the junction of the A494 and the A55 and close to Hawarden and Shotton. Chester is 8 miles to the east. The property is situated in Lakeside Business Village which is immediately adjacent to the A494 and forms part of St David's Park. Occupiers close by include The St David's Park De Vere Hotel, Barclays, Bank of Scotland, Edison, Zurich and Moneysupermarket.com.
Tenure
Virtual Freehold. Virtual Freehold. Held on a lease for a term of 999 years from 30th July 2003 at
a fixed rent of a peppercorn.
Location
Miles
8 miles west of Chester, 17 miles south of Liverpool, 90 miles north-west of Stoke on Trent
Roads
A494, A55, M56
Rail
Hawarden Rail Station
Air
Liverpool John Lennon Airport, Manchester Airport
Situation
Ewloe is situated adjacent to the junction of the A494 and the A55 and close to Hawarden and Shotton. Chester is 8 miles to the east. The property is situated in Lakeside Business Village which is immediately adjacent to the A494 and forms part of St David's Park. Occupiers close by include The St David's Park De Vere Hotel, Barclays, Bank of Scotland, Edison, Zurich and Moneysupermarket.com.
Tenure
Virtual Freehold. Virtual Freehold. Held on a lease for a term of 999 years from 30th July 2003 at
a fixed rent of a peppercorn.
Description
The property comprises a terrace of five self-contained office buildings each having its own front door. The property benefits from car parking for 54 vehicles on-site and is set within an attractive landscaped environment.
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 terrace of five self-contained office buildings each having its own front door. The property benefits from car parking for 54 vehicles on-site and is set within an attractive landscaped environment.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Units 1-5
Offices
1,206 sq m
(12,981 sq ft)
HERBURY ESTATES LIMITED (1)
125 years from completion of the sale
£32,500
2018 and 5 yearly. Rent increased by 2% per annum compounded
