97 High Street Rhyl LL18 1TR

97 High Street
Rhyl
LL18 1TR

Freehold Retail Investment

  • New lease to The British Heart Foundation until 2027 (subject to option)
  • Prominent position on High Street
  • Popular tourist destination
  • Nearby occupiers include Heron Foods, Poundstretcher, Barclays Bank and Holland & Barrett.
  • Lot
    55
  • Auction
    7th December 2017
  • Rent
    £45,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
  • Expand
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* More information on the term "guide" can be found here

Freehold Retail Investment

  • New lease to The British Heart Foundation until 2027 (subject to option)
  • Prominent position on High Street
  • Popular tourist destination
  • Nearby occupiers include Heron Foods, Poundstretcher, Barclays Bank and Holland & Barrett.
  • Lot 55
  • Auction 7th December 2017
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
22 miles west of Liverpool, 53 miles west of Manchester, 29 miles north-west of Chester
Roads
A55, A494, A470
Rail
Rhyl Railway Station
Air
Manchester International Airport, Liverpool John Lennon Airport
Situation

The property is prominently situated on the east side of the High Street, adjacent to Lloyds Pharmacy in the busy town centre. Nearby occupiers include Heron Foods, Poundstretcher, Barclays Bank and Holland & Barrett.

Tenure

Freehold.

Location
Miles
22 miles west of Liverpool, 53 miles west of Manchester, 29 miles north-west of Chester
Roads
A55, A494, A470
Rail
Rhyl Railway Station
Air
Manchester International Airport, Liverpool John Lennon Airport
Situation

The property is prominently situated on the east side of the High Street, adjacent to Lloyds Pharmacy in the busy town centre. Nearby occupiers include Heron Foods, Poundstretcher, Barclays Bank and Holland & Barrett.

Tenure

Freehold.

Description

The property comprises retail accommodation on the ground and first floors. The property benefits from a large frontage and from rear access via Clwyd Street.

Completion Period

Six Week Completion

EPC

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

Description

The property comprises retail accommodation on the ground and first floors. The property benefits from a large frontage and from rear access via Clwyd Street.

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 Reversion
Ground
First
Retail
Ancillary
518.75 sq m
256.60 sq m
(5,584 sq ft)
(2,762 sq ft)
BRITISH HEART
FOUNDATION (1)
10 years from
24/5/2017 on a
full repairing
and insuring
lease (2)
£45,000 23/5/2027
Totals
775.35 sq m
(8,346 sq ft)
    £45,000  

(1) For the year endng 31st March 2017, British Heart Foundation reported a pre-tax profit of £38,100,00 and a total net worth of £78,700,000 (source: Experian Group 7/11/2017).
(2) The lease provides for a tenant option to determine the lease on 24th May 2022 subject to 6 months’ written notice.

Property Documents

  • Site Plan
    Updated Date
    28.10.19
    File Size
    3 MB
    View PDF
  • Catalogue Page
    Updated Date
    28.10.19
    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

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Weightmans Solicitors Pall Mall Court, 61-67 King Street
Manchester
M2 4PD
Steven Silver 0161 233 7473steven.silver@weightmans.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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