57, High Street Rhyl Denbighshire LL18 1TH

57, High Street
Rhyl
Denbighshire
LL18 1TH

Freehold Retail Investment

  • Let to H Samuel Limited
  • 2016 break clause not exercised
  • Pedestrianised town centre location
  • Adjacent to the White Rose Centre and 280 space public multi-storey car park
  • Neighbouring occupiers include Boots, New Look, WH Smith, Costa and Holland & Barrett
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    66
  • Auction
    23rd March 2016
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Wesleyan
Important Update
  • Expand
  • Photos
  • Map

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

Freehold Retail Investment

  • Let to H Samuel Limited
  • 2016 break clause not exercised
  • Pedestrianised town centre location
  • Adjacent to the White Rose Centre and 280 space public multi-storey car park
  • Neighbouring occupiers include Boots, New Look, WH Smith, Costa and Holland & Barrett
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 66
  • Auction 23rd March 2016
  • Rent
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On behalf of Wesleyan

Property Information

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

The property is prominently situated on the east side of the pedestrianised High Street and adjacent to the White Rose Shopping Centre and some 280 space public multi-storey car park. Neighbouring occupiers include Boots the Chemist, 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 Railway Station
Air
Liverpool John Lennon Airport
Situation

The property is prominently situated on the east side of the pedestrianised High Street and adjacent to the White Rose Shopping Centre and some 280 space public multi-storey car park. Neighbouring occupiers include Boots the Chemist, 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.

Six Week Completion

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.

Six Week Completion

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
92.50 sq m
65.90 sq m
(996 sq ft)
(709 sq ft)
H SAMUEL
LIMITED (1)
5 years from 29/09/2013 on a full
repairing and insuring lease
£20,000 28/09/2018
Totals
158.40 sq m
(1,705 sq ft)
    £20,000

(1) For the year ending 31/01/2015, H Samuel Limited reported a turnover of £240,282,000, a pre-tax profit of £13,732,000 and a total net worth of £107,774,000. (Source: www.riskdisk.com 15/02/2016).
(2) The tenant has NOT exercised their option to determine the lease in January 2016 and will benefit from a 4 month rent free period commencing on 31/01/2016. The seller will pay the buyer the rent that would have been due in the absence of the rent free period, and therefore the property will produce £20,000 p.a.x. from completion of the sale.

Property Documents

  • Site Plan
    Updated Date
    01.03.16
    File Size
    115 KB
    View PDF
  • Catalogue Page
    Updated Date
    01.03.16
    File Size
    690 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 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

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now