Ney Court Yorke Street & 25-28 High Street Wrexham LL13 8LW

Ney Court
Yorke Street & 25-28 High Street
Wrexham
LL13 8LW

Freehold Town Centre Mixed Use Investment

Comprises a restaurant, two selfcontained office suites and twelve residential flats
Two offices and four flats offered with vacant possession
Prominent town centre location
Close to Eagles Meadow Shopping Centre and pedestrianised Hope Street
Asset Management Opportunities
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
114
Auction
13th October 2016
Rent
£63,600 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG
On Behalf of a Major Fund Manager

Important Update Interested?

Expand
Photos
Map

Freehold Town Centre Mixed Use Investment

Comprises a restaurant, two selfcontained office suites and twelve residential flats
Two offices and four flats offered with vacant possession
Prominent town centre location
Close to Eagles Meadow Shopping Centre and pedestrianised Hope Street
Asset Management Opportunities
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 114
Auction 13th October 2016
Rent £63,600 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Restaurant
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Squafre
London W1H 7BG
On Behalf of a Major Fund Manager

Property Information

Location

Miles: 12 miles south-west of Chester, 32 miles south of Liverpool, 50 miles south-west of Manchester
Roads: A483, A534, M53, M56
Rail: Wrexham Central Railway Station
Air: Liverpool John Lennon Airport

Situation

The property is situated in a prominent corner position on the south side of the High Street at its junction with Yorke Street in the heart of Wrexham town centre. The property is close to pedestrianised Hope Street and Eagles Meadow Shopping Centre which houses retailers including Debenhams, Boots the Chemist, H&M, Next and Topshop/Topman. Other nearby occupiers include WH Smith, New Look, Bodycare, Nationwide and Ladbrokes.

Tenure

Freehold.

Location

Miles: 12 miles south-west of Chester, 32 miles south of Liverpool, 50 miles south-west of Manchester
Roads: A483, A534, M53, M56
Rail: Wrexham Central Railway Station
Air: Liverpool John Lennon Airport

Situation

Tenure

Freehold.

Description

The property, a substantial mixed use development comprises a ground floor restaurant fronting the High Street, two self-contained ground floor office suites and twelve residential flats on the first and second floors.

VAT

VAT is applicable to this lot.

EPC

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

Description

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/(Reversion)
25-28 High Street	Ground & Basement	Restaurant/ Ancillary	221.85 sq m	(2,388 sq ft)	INDIVIDUAL (t/a Eastern Sheraton Chinese Restaurant)	25 years from 28/04/2006	£29,000	28/04/2021 28/04/2026 (27/04/2031)
2 & 3 Yorke Street (North)	Ground	Office	105.72 sq m	(1,138 sq ft)	VACANT
Flat 1	First	One bedroom flat	Not Measured		INDIVIDUAL	AST - From 10/12/2015	£4,800	(28/09/2016)
Flat 2	First	One bedroom flat	Not Measured		INDIVIDUAL	AST - From 06/02/2015	£4,800	Holding over
Flat 3	First	One bedroom flat	Not Measured		INDIVIDUAL	AST - From 11/08/2016	£4,800	(10/02/2017)
Flat 7	First	Two bedroom flat	Not Measured		INDIVIDUAL	AST - From 27/03/2016	£5,400	(26/03 /2017)
Flat 8	First	One bedroom flat	Not Measured		INDIVIDUAL	AST - From 29/03/2012	£4,800	Holding over
Flat 10	Second	One bedroom flat	Not Measured		INDIVIDUAL	AST - From 17/08/2016	£4,800	(16/02/2017)
Flat 11	Second	One bedroom flat	Not Measured		INDIVIDUAL	AST - From 10/02/2016	£4,800	Holding Over
Flat 12	Second	Two bedroom flat	Not Measured		INDIVIDUAL	AST - From 16/04/2016	£5,400	(15/10/2016)
Flat 4, 5, 6, & 9	First and Second	One bedroom flats	Not Measured		VACANT
Total Commercial Floor Area			327.57 sq m	(3,526 sq ft)	Plus12 Flats		£68,600