Let to Martin McColl Limited until 2021 (no breaks)
Forms part of shopping parade
Nearby occupiers include The Sutton Public House, Bargain Booze, Two Dragons Chinese Takeaway and Northern Wheels Car Parts
Lot 24
Auction 22nd May 2014
Rent £30,000 per Annum Exclusive
Status Sold
Price £334,000
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
11 miles south of Liverpool, 40 miles south-west of Manchester
Roads
A41, M56, M5
Rail
Little Sutton Rail Station, Capenhurst Rail Station
Air
Liverpool John Lennon Airport (6 miles)
Situation
The property is situated in a predominantly residential area on the western side of Gleneagles Road, in Great Sutton village, some 2.3 miles west of Ellesmere Port. Nearby occupiers include The Sutton Public House, Bargain Booze, Two Dragons Chinese Takeaway and Northern Wheels Car Parts.
Tenure
Freehold.
Location
Miles
11 miles south of Liverpool, 40 miles south-west of Manchester
Roads
A41, M56, M5
Rail
Little Sutton Rail Station, Capenhurst Rail Station
Air
Liverpool John Lennon Airport (6 miles)
Situation
The property is situated in a predominantly residential area on the western side of Gleneagles Road, in Great Sutton village, some 2.3 miles west of Ellesmere Port. Nearby occupiers include The Sutton Public House, Bargain Booze, Two Dragons Chinese Takeaway and Northern Wheels Car Parts.
Tenure
Freehold.
Description
The property comprises a single storey retail unit, forming part of a local shopping parade.
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 a single storey retail unit, forming part of a local shopping parade.
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
Ground
Retail
307.60 sq m
(3,311 sq ft)
MARTIN MCCOLL LIMITED (1)
15 years from 26/05/2006 until 25/05/2021 on a full repairing and insuring lease
£30,000
26/05/2016
Totals
307.60 sq m
(3,311 sq ft)
£30,000
(1) McColl’s Retail Group is the leading neighbourhood retailer in the Independent managed sector running 1,280 convenience and newsagent stores across the UK, with 725 branded as McColl’s convenience stores. (Source: martinmccoll.co.uk 24/04/2014) For the year ending 25th November 2012, Martin McColl Ltd reported a turnover of £409,154,000, pre-tax profits of £19,671,000 and a total net worth of £115,863,000. (Source: www.riskdisk.com 24/04/2014
Contacts
Seller's Solicitors
Harold Benjamin Solicitors Hill House, 67-71 Lowlands Road Harrow Middlesex HA1 3EQ 020 8864 7530
