Circle House Lostock Road, Urmston Manchester M41 0HS

Circle House
Lostock Road, Urmston
Manchester
M41 0HS

Freehold Office Investment with Redevelopment Potential

  • Let to HSS Hire Service Group Limited until 2021 (subject to option)
  • Residential Redevelopment Potential (subject to necessary consents)
  • Approximately 42 car parking spaces 1:232 sq ft
  • Situated 1 mile south of the major regional Trafford Shopping Centre and close to the M60 (Junction 9)
  • Nearby occupiers include The Post Office, Texaco Garage and One Stop
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    31
  • Auction
    9th July 2015
  • Rent
    £78,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £737,000
  • Sector
    Office
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Wesleyan Assurance Society
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Office Investment with Redevelopment Potential

  • Let to HSS Hire Service Group Limited until 2021 (subject to option)
  • Residential Redevelopment Potential (subject to necessary consents)
  • Approximately 42 car parking spaces 1:232 sq ft
  • Situated 1 mile south of the major regional Trafford Shopping Centre and close to the M60 (Junction 9)
  • Nearby occupiers include The Post Office, Texaco Garage and One Stop
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 31
  • Auction 9th July 2015
  • Rent
  • Status Sold
  • Price £737,000
  • Sector
    Office
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Wesleyan Assurance Society

Property Information

Location
Miles
6 miles south-west of Manchester City Centre
Roads
A56, A57, M60 (Junction 9), M62
Rail
Urmston Railway Station
Air
Manchester City Airport
Situation

The property is situated in a leafy residential suburb to the south-west of Manchester and close to the M60 (Junction 9). The major regional Trafford Shopping Centre is approximately 1 mile to the north. Nearby occupiers include The Post Office, Texaco Garage and One Stop.

Tenure

Freehold.

Location
Miles
6 miles south-west of Manchester City Centre
Roads
A56, A57, M60 (Junction 9), M62
Rail
Urmston Railway Station
Air
Manchester City Airport
Situation

The property is situated in a leafy residential suburb to the south-west of Manchester and close to the M60 (Junction 9). The major regional Trafford Shopping Centre is approximately 1 mile to the north. Nearby occupiers include The Post Office, Texaco Garage and One Stop.

Tenure

Freehold.

Description

The property comprises office accommodation on the ground to second floors and benefits from undercroft car parking as well as forecourt and rear parking for approximately 42 cars. The offices benefit from air conditioning, perimeter trunking and suspended ceiling. There is a 6-person passenger lift serving all floors. The property may benefit from residential redevelopment potential (subject to necessary consents).

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises office accommodation on the ground to second floors and benefits from undercroft car parking as well as forecourt and rear parking for approximately 42 cars. The offices benefit from air conditioning, perimeter trunking and suspended ceiling. There is a 6-person passenger lift serving all floors. The property may benefit from residential redevelopment potential (subject to necessary consents).

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not 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)
Basement
Ground
First
Second
Car Parking
Office
Office
Office
16 Cars
301.93 sq m 301.93 sq m
301.93 sq m

(3,250 sq ft)
(3,250 sq ft)
(3,250 sq ft)
HSS HIRE SERVICE
GROUP LIMITED (1)
10 years from 25/03/2011 on a full repairing and insuring lease £78,500 29/09/2016
(28/09/2021)
Totals  
905.79 sq m
(9,750 sq ft)
    £78,500

(1) For the year ending 31/12/2013, HSS Hire Service Group Limited reported a turnover of £225,813,000, pre-tax profits of £20,415,000 and a total net worth of £51,585,000. (Source: www.riskdisk.com 11/06/2015)
(2)The lease provides for a tenant option to determine the lease on 29/09/2016 on 6 months’ prior notice and subject to a penalty payable
by the tenant.
(3)Please note the tenant is not currently in occupation.

Property Documents

  • Catalogue Page
    Updated Date
    16.06.15
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    16.06.15
    File Size
    46 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
Coley & Tilley Solicitors Neville House, 14 Waterloo Street
Birmingham
B2 5UF
Neil Piercy 0121 643 5531np@coleyandtilley.co.uk

Useful Links

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

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