72 / 80 High Street Prestatyn Denbighshire LL19 9BE

72 / 80 High Street
Prestatyn
Denbighshire
LL19 9BE

Freehold Supermarket Investment

  • Let to Iceland Foods Limited until 2029 (no breaks)
  • Located within popular seaside resort town
  • Substantial frontage onto High Street
  • Nearby occupiers include Home Bargains, William Hill, NatWest and Subway
  • Lot
    13
  • Auction
    7th December 2017
  • Rent
    £65,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,045,000
  • Sector
    Supermarket
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Trustees
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Supermarket Investment

  • Let to Iceland Foods Limited until 2029 (no breaks)
  • Located within popular seaside resort town
  • Substantial frontage onto High Street
  • Nearby occupiers include Home Bargains, William Hill, NatWest and Subway
  • Lot 13
  • Auction 7th December 2017
  • Rent
  • Status Sold
  • Price £1,045,000
  • Sector
    Supermarket
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Trustees

Property Information

Location
Miles
5 miles east of Rhyl, 30 miles north-west of Chester
Roads
A548, A55
Rail
Prestatyn Rail
Air
Liverpool John Lennon Airport
Situation

Prestatyn is a popular seaside resort town some 5 miles east of Rhyl. The property occupies a prominent position on the west side of the High Street, some 200 metres from Prestatyn Rail Station. Nearby occupiers include Home Bargains, William Hill, NatWest and Subway.

Tenure

Freehold.

Location
Miles
5 miles east of Rhyl, 30 miles north-west of Chester
Roads
A548, A55
Rail
Prestatyn Rail
Air
Liverpool John Lennon Airport
Situation

Prestatyn is a popular seaside resort town some 5 miles east of Rhyl. The property occupies a prominent position on the west side of the High Street, some 200 metres from Prestatyn Rail Station. Nearby occupiers include Home Bargains, William Hill, NatWest and Subway.

Tenure

Freehold.

Description

The property comprises a substantial ground floor retail unit with first floor ancillary accommodation. The property benefits from loading to 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 substantial ground floor retail unit with first floor ancillary accommodation. The property benefits from loading to 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.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground
First
Retail
Ancillary
552.68 sq m
425.21 sq m
(5,949 sq ft)
(4,577 sq ft)
ICELAND FOODS
LIMITED (1)
15 years from
11/07/2014 until
10/07/2029 on a full
repairing and insuring
lease
£65,000 11/07/2019
11/07/2024
Totals
977.89 sq m
(10,526 sq ft)
    £65,000  

(1) For the year ending 24th March 2017, Iceland Foods Limited reported a turnover of £2,770,500,000, pre-tax profits of £67,300,000 and a total net worth of £784,100,000 (Source: Experian Group 09/11/2017). Iceland Foods is a unique British food retailer with over 880 stores throughout the UK (Source: www.iceland.co.uk 09/11/2017).

Property Documents

  • Catalogue Page
    Updated Date
    01.11.19
    File Size
    696 KB
    View PDF
  • Site Plan
    Updated Date
    01.11.19
    File Size
    2 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
Gowling WLG Two Snowhill
Birmingham
B4 6WR
Heather Manning 0121 393 0806heather.manning@gowlingwlg.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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