33 Tulketh Street Southport Merseyside PR8 1AG

33 Tulketh Street
Southport
Merseyside
PR8 1AG

Freehold Retail Investment

  • Let to Partners the Stationers Limited (t/a Rymans) on a renewed lease until 2025 (subject to option)
  • Rebased Rent
  • Approximately 40 metres south of the Marble Place Shopping Centre
  • Nearby occupiers include Marks & Spencer, W H Smith, Millets and T K Maxx
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    126
  • Auction
    13th October 2016
  • Rent
    £25,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £251,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Freehold Retail Investment

  • Let to Partners the Stationers Limited (t/a Rymans) on a renewed lease until 2025 (subject to option)
  • Rebased Rent
  • Approximately 40 metres south of the Marble Place Shopping Centre
  • Nearby occupiers include Marks & Spencer, W H Smith, Millets and T K Maxx
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 126
  • Auction 13th October 2016
  • Rent
  • Status Sold
  • Price £251,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Squafre
    London W1H 7BG

Property Information

Location
Miles
16 miles north of Liverpool, 19 miles south-west of Preston
Roads
A565, A570, M58
Rail
Southport Railway Station
Air
Manchester Airport, Liverpool John Lennon Airport
Situation

Southport is a popular coastal town some 16 miles north of Liverpool. The property is situated on the south side of Tulketh Street, at its junction with Balls Place and some 40 metres south of the Marble Place Shopping Centre. Nearby occupiers include Marks & Spencer, W H Smith, Millets and T K Maxx.

Tenure

Freehold.

Location
Miles
16 miles north of Liverpool, 19 miles south-west of Preston
Roads
A565, A570, M58
Rail
Southport Railway Station
Air
Manchester Airport, Liverpool John Lennon Airport
Situation

Southport is a popular coastal town some 16 miles north of Liverpool. The property is situated on the south side of Tulketh Street, at its junction with Balls Place and some 40 metres south of the Marble Place Shopping Centre. Nearby occupiers include Marks & Spencer, W H Smith, Millets and T K Maxx.

Tenure

Freehold.

Description

The property is a double frontage retail unit comprising retail accommodation on the ground floor and benefiting from rear access off Balls Place. The property also benefits from a double height ground floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Description

The property is a double frontage retail unit comprising retail accommodation on the ground floor and benefiting from rear access off Balls Place. The property also benefits from a double height ground floor.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Ground Retail 257.50 sq m (2,772 sq ft) PARTNERS THE
STATIONERS
LIMITED
10 years from 16/07/2015 on
a full repairing and insuring
lease (2)
£25,000 17/07/2020
(16/07/2025)
Totals   257.50 sq m (2,772 sq ft)     £25,000  

(1) Ryman Limited is the parent company of Partners The Stationers Limited. For the year ending 28th March 2015, Ryman Limited reported a turnover of £131,005,000, pre-tax profits of £7,918,000 and a total net worth of £44,489,000 (Source: www.riskdisk.com 07/09/2016). Ryman operates from over 200 stores nationwide (Source: www.ryman.co.uk).
(2) The lease provides for a tenant option to determine the lease on 16/07/2020.

Property Documents

  • Site Plan
    Updated Date
    21.09.16
    File Size
    118 KB
    View PDF
  • Catalogue Page
    Updated Date
    21.09.16
    File Size
    663 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Attwells Solicitors LLP 88 St. John's Wood High Street
London
NW8 7SH
Kerry Taylor 0207 449 3136kerry.taylor@attwells.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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