49 - 53, Market Street Newton-Le-Willows Merseyside WA12 9BH

49 - 53, Market Street
Newton-Le-Willows
Merseyside
WA12 9BH

Freehold Retail Investment

  • 21,774 sq ft entirely Let to Wilko Retail Limited until 2026 (no breaks) with September 2016 rent review
  • Prominent corner location fronting the main retailing pitch of Market Street
  • Nearby occupiers include Superdrug, Shoe Zone, Barclays and William Hill
  • Opposite the popular Earlstown Market Square and Car Park
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    61
  • Auction
    19th May 2016
  • Rent
    £170,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • on the Instructions of Receivers
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail Investment

  • 21,774 sq ft entirely Let to Wilko Retail Limited until 2026 (no breaks) with September 2016 rent review
  • Prominent corner location fronting the main retailing pitch of Market Street
  • Nearby occupiers include Superdrug, Shoe Zone, Barclays and William Hill
  • Opposite the popular Earlstown Market Square and Car Park
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 61
  • Auction 19th May 2016
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • on the Instructions of Receivers

Property Information

Location
Miles
5 miles east of St Helens, 16 miles north-east of Liverpool, 18 miles west of Manchester
Roads
A572, B5209, M6 (Junction 23)
Rail
Earlstown Rail
Air
Liverpool John Lennon Airport and Manchester Airport
Situation

Newton Le Willows is a popular market town just 5 miles east of St Helens. The property occupies a prominent corner position fronting the pedestrianised Market Street at its junction with Legh Street. Earlstown Market Square is directly opposite and runs every Friday and Saturday, also acting as a car park. A Tesco superstore is located immediately to the rear of the property, with other nearby occupiers including Superdrug, Shoe Zone, Barclays and William Hill.

Tenure

Freehold.

Location
Miles
5 miles east of St Helens, 16 miles north-east of Liverpool, 18 miles west of Manchester
Roads
A572, B5209, M6 (Junction 23)
Rail
Earlstown Rail
Air
Liverpool John Lennon Airport and Manchester Airport
Situation

Newton Le Willows is a popular market town just 5 miles east of St Helens. The property occupies a prominent corner position fronting the pedestrianised Market Street at its junction with Legh Street. Earlstown Market Square is directly opposite and runs every Friday and Saturday, also acting as a car park. A Tesco superstore is located immediately to the rear of the property, with other nearby occupiers including Superdrug, Shoe Zone, Barclays and William Hill.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with first floor office/ancillary
accommodation.

Six Week Completion

VAT is applicable to this lot. Please refer to Special Conditions.

Note
This property is being marketed for sale on behalf of the mortgagee of the property and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers appointed by the mortgagee to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers and the mortgagee are acting in respect of this sale without personal liability.

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 ground floor retail unit with first floor office/ancillary
accommodation.

Six Week Completion

VAT is applicable to this lot. Please refer to Special Conditions.

Note
This property is being marketed for sale on behalf of the mortgagee of the property and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers appointed by the mortgagee to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers and the mortgagee are acting in respect of this sale without personal liability.

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) Tenant Term Rent p.a.x Review (Reversion)
Ground Retail/Ancillary 1,752.98 sq m (18,869 sq ft) WILKO RETAIL
LIMITED
(1)
20 years from
11/09/2006 until 31/03/2026 on
a full repairing and insuring
lease
£170,000 10/09/2016 and 10/09/2021
First Office/Ancillary 269.88 sq m (2,905 sq ft)
Total   2,022.87 sq m (21,774 sq ft)     £170,000  

(1) For the year ending 31st January 2015, Wilko Retail Limited reported a turnover of £1,444,563,000, pre-tax profits of £5,496,000 and a total net worth of £160,898,000. (Source: Experian Group 18/04/2016)

Property Documents

  • Site Plan
    Updated Date
    31.10.19
    File Size
    91 KB
    View PDF
  • Catalogue Page
    Updated Date
    31.10.19
    File Size
    1 MB
    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

Seller's Solicitors
Trowers & Hamlins The Senate, Southernhay Gardens
Exeter
EX1 1UG
Ben Neary 0)1392 221950bneary@trowers.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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