Entirely let to Genus UK Limited t/a Select Fashion until May 2026 (subject to option)
Prominent town centre location on busy pedestrianised retail thoroughfare
Nearby occupiers include Barclays Bank, Boots Opticians, Holland & Barrett and Claire's Accessories
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 36
Auction 25th May 2017
Rent £50,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
12 miles south of Chester, 31 miles north of Shrewsbury, 54 miles south-west of Manchester
Roads
A525, A534, A483
Rail
Wrexham General, Wrexham Central
Air
Manchester International Airport, John Lennon Airport (Liverpool)
Situation
The property is situated in a prominent position on the south side of Hope Street, one of Wrexham’s major pedestrianised thoroughfares. Nearby occupiers include Barclays Bank, Boots Opticians, Holland & Barrett and Claire's Accessories.
Tenure
Freehold.
Location
Miles
12 miles south of Chester, 31 miles north of Shrewsbury, 54 miles south-west of Manchester
Roads
A525, A534, A483
Rail
Wrexham General, Wrexham Central
Air
Manchester International Airport, John Lennon Airport (Liverpool)
Situation
The property is situated in a prominent position on the south side of Hope Street, one of Wrexham’s major pedestrianised thoroughfares. Nearby occupiers include Barclays Bank, Boots Opticians, Holland & Barrett and Claire's Accessories.
Tenure
Freehold.
Description
The property comprises a retail unit over ground and first floors with storage/staff on second and third floors. The property benefits from a lift servicing all floors and parking at the rear.
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 retail unit over ground and first floors with storage/staff on second and third floors. The property benefits from a lift servicing all floors and parking at the rear.
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.
10 years from 27/05/2016 until 26/05/2026 on a full repairing and insuring lease(2)
£50,000
27/05/2021
Totals
781.74 sq m
(8,414 sq ft)
£50,000
(1) First launched in the early 1980s, Select Fashion is a high-street womenswear retailer. Currently with over 180 UK stores and rapid expansion plans in place (Source: http://www.selectfashion.co.uk 19/04/2017). (2) The lease provides a tenant only option to determine on the fifth anniversary of the term .
