Let to Kentucky Fried Chicken (Great Britain) Limited t/a KFC until 2033 (no breaks)
Adjacent to the Salford Shopping Centre with over 80 units including Boots the Chemist, Specsavers, Holland & Barrett and Lloyds Bank
Approximately 247.03 sq m (2,659 sq ft) with 23 car parking spaces
Approximate site area of 0.17 hectares (0.42 acres)
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 5
Auction 25th May 2017
Rent £70,000 per Annum Exclusive
Status Sold Post
Price
Sector Restaurant
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
2 miles north-west of Manchester City Centre
Roads
M602, A6, A57(M)
Rail
Salford Crescent Railway Station
Air
Manchester International Airport
Situation
Salford is a district of Manchester some 2 miles north-west of Manchester City Centre. The property is located immediately adjacent to The Salford Shopping Centre which is the principal retailing location within Salford. The shopping centre comprises over 80 retail units with occupiers including Boots the Chemist, Specsavers, Holland & Barrett and Lloyds Bank. Rossall Way car park is within close proximity providing car parking for 250 cars.
Tenure
Freehold.
Location
Miles
2 miles north-west of Manchester City Centre
Roads
M602, A6, A57(M)
Rail
Salford Crescent Railway Station
Air
Manchester International Airport
Situation
Salford is a district of Manchester some 2 miles north-west of Manchester City Centre. The property is located immediately adjacent to The Salford Shopping Centre which is the principal retailing location within Salford. The shopping centre comprises over 80 retail units with occupiers including Boots the Chemist, Specsavers, Holland & Barrett and Lloyds Bank. Rossall Way car park is within close proximity providing car parking for 250 cars.
Tenure
Freehold.
Description
The property comprises a modern purpose built single storey drive through restaurant benefitting from on-site parking for 23 cars. The property also benefits from an approximate site area of 0.17 hectares (0.42 acres).
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 comprises a modern purpose built single storey drive through restaurant benefitting from on-site parking for 23 cars. The property also benefits from an approximate site area of 0.17 hectares (0.42 acres).
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.
20 years from 21/10/2013 until 2033 on a full repairing and insuring lease
£70,000
21/10/2018 21/10/2023 21/10/2028
Totals
247.03 sq m
(2,659 sq ft)
£70,000
(1) For the year ending 29th November 2015, Kentucky Fried Chicken (Great Britain) Limited reported a turnover of £465,334,000, pre-tax profits of £55,946,000 and a total net worth of £99,149,000 (Source: Experian Group 26/04/2017). KFC employs over 24,000 people and trades from over 850 restaurants throughout the UK and Ireland (Source: www.kfccareers.co.uk 24/04/2017).
