59 High Street Rhyl Denbighshire LL18 1TH

  • 59 High Street<br>Rhyl<br>Denbighshire<br>LL18 1TH

59 High Street
Rhyl
Denbighshire
LL18 1TH

Freehold Retail Investment

  • Let to Sportswift Limited t/a Card Factory
  • Pedestrianised town centre location
  • Neighbouring occupiers include Boots, New Look, WH Smith, Costa and Holland & Barrett
  • Lot
    38
  • Auction
    9th July 2014
  • Rent
    £36,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £285,000
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of a Fund
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Freehold Retail Investment

  • Let to Sportswift Limited t/a Card Factory
  • Pedestrianised town centre location
  • Neighbouring occupiers include Boots, New Look, WH Smith, Costa and Holland & Barrett
  • Lot 38
  • Auction 9th July 2014
  • Rent £36,000 per Annum Exclusive
  • Status Sold
  • Price £285,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of a Fund

Property Information

Location
Miles
29 miles north-west of Chester, 37 miles south-west of Liverpool
Roads
A548, A55
Rail
Rhyl Rail Station
Air
Liverpool John Lennon Airport
Situation

The property is prominently situated on the east side of the pedestrianised High Street immediately adjacent to the White Rose Shopping Centre and public multi-storey car park for approximately 280 cars. Neighbouring occupiers include Boots, New Look, WH Smith, Costa and Holland & Barrett.

Tenure

Freehold.

Location
Miles
29 miles north-west of Chester, 37 miles south-west of Liverpool
Roads
A548, A55
Rail
Rhyl Rail Station
Air
Liverpool John Lennon Airport
Situation

The property is prominently situated on the east side of the pedestrianised High Street immediately adjacent to the White Rose Shopping Centre and public multi-storey car park for approximately 280 cars. Neighbouring occupiers include Boots, New Look, WH Smith, Costa and Holland & Barrett.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first floor.

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 ground floor retail accommodation with ancillary accommodation on the first floor.

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 Reversion
Ground
First
Retail
Ancillary
102.45 sq m
102.27 sq m
(1,103 sq ft)
(1,101 sq ft)
SPORTSWIFT LIMITED (t/a Card Factory) (1) 15 years from 07/05/2003 on a full repairing and insuring lease £36,000 06/05/2018
Totals
204.72 sq m
(2,204 sq ft)
    £36,000

(1) For the year ending 31/01/2013, Sportswift Limited reported a turnover of £285,597,000, pre-tax profits of £66,111,000 and a total net worth of £180,674,000 (Source: www.riskdisk.com 09/06/2014).

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 BUF
Grahame Griffiths +44 (0)121 643 5531gg@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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