23-24 Hope Street Wrexham LL11 1BD

  • 23-24 Hope Street<br>Wrexham<br>LL11 1BD

23-24 Hope Street
Wrexham
LL11 1BD

Freehold Retail Investment

  • Entirely let to Genus UK Limited t/a Select Fashion until May 2026 (subject to option)
  • Prominent town centre location on busy pedestrianised retail thoroughfare
  • Nearby occupiers include Barclays Bank, Boots Opticians, Holland & Barrett and Claire's Accessories
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    36
  • Auction
    25th May 2017
  • Rent
    £50,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Retail Investment

  • Entirely let to Genus UK Limited t/a Select Fashion until May 2026 (subject to option)
  • Prominent town centre location on busy pedestrianised retail thoroughfare
  • Nearby occupiers include Barclays Bank, Boots Opticians, Holland & Barrett and Claire's Accessories
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 36
  • Auction 25th May 2017
  • Rent £50,000 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
12 miles south of Chester, 31 miles north of Shrewsbury, 54 miles south-west of Manchester
Roads
A525, A534, A483
Rail
Wrexham General, Wrexham Central
Air
Manchester International Airport, John Lennon Airport (Liverpool)
Situation

The property is situated in a prominent position on the south side of Hope Street, one of Wrexham’s major pedestrianised thoroughfares. Nearby occupiers include Barclays Bank, Boots Opticians, Holland & Barrett and Claire's Accessories.

Tenure

Freehold.

Location
Miles
12 miles south of Chester, 31 miles north of Shrewsbury, 54 miles south-west of Manchester
Roads
A525, A534, A483
Rail
Wrexham General, Wrexham Central
Air
Manchester International Airport, John Lennon Airport (Liverpool)
Situation

The property is situated in a prominent position on the south side of Hope Street, one of Wrexham’s major pedestrianised thoroughfares. Nearby occupiers include Barclays Bank, Boots Opticians, Holland & Barrett and Claire's Accessories.

Tenure

Freehold.

Description

The property comprises a retail unit over ground and first floors with storage/staff on second and third floors. The property benefits from a lift servicing all floors and parking at the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six week completion

EPC

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

Description

The property comprises a retail unit over ground and first floors with storage/staff on second and third floors. The property benefits from a lift servicing all floors and parking at the rear.

VAT

VAT is applicable to this lot.

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 Reviews
Ground
First
Second
Third

 Retail/Ancillary
Retail/Ancillary
Ancillary
Ancillary
211.09 sq m
210.00 sq m
193.24 sq m
167.41 sq m
(2,272 sq ft)
(2,260 sq ft)
(2,080 sq ft)
(1,802 sq ft)
 GENUS UK
LIMITED
t/a Select Fashion
(1)
 10 years from
27/05/2016 until
26/05/2026 on
a full repairing and
insuring lease(2)
 £50,000
 27/05/2021
Totals  
781.74 sq m
(8,414 sq ft)
     £50,000
  

(1) First launched in the early 1980s, Select Fashion is a high-street womenswear retailer. Currently with over 180 UK stores and rapid expansion plans in place (Source: http://www.selectfashion.co.uk 19/04/2017).
(2) The lease provides a tenant only option to determine on the fifth anniversary of the term .

Contacts

Seller's Solicitors
ABGM Solicitors 74 Brent Street, Hendon
London
NW4 2ES
David Jason 0208 202 5060david.jason@abgmlaw.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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