Unit 2, Denbigh Retail Park
Vale Street
LL16 3EA

New Freehold Retail Warehouse Investment

  • Let to Peacocks Stores Limited until October 2027 (subject to option)
  • Situated within a newly developed Retail Park anchored by Aldi and Home Bargains
  • Approximately 468.14 sq m (5,039 sq ft) with an additional 185.81 sq m (2,000 sq ft) mezzanine level
  • Extensive parking facilities and open A1 Retail planning consent
  • Lot
  • Auction
  • Rent
    £65,000 per Annum Exclusive
  • Status
  • Price*
    £775,000 - £800,000
  • Sector
    Retail Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of an Investment Trust
Important Property Update
  • Unit 2, Denbigh Retail Park<br>Vale Street<br>Denbigh<br>Denbighshire<br>LL16 3EA
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  • Photos
  • Map

Property Information

0.5 miles east of Denbigh town centre
16 miles west of Mold
24 miles north-west of Wrexham
34 miles west of Chester
A543, A535
Prestatyn (London Euston 2 hrs 40 mins)
Liverpool John Lennon

Denbigh is a historic market town regularly visited by tourists due to its famous 13th century castle, its proximity to the coast, and the Clwydian Range, an Area of Outstanding Natural Beauty. The town has a population of approximately 9,000, with a population in its primary retail catchment area of 28,742. Denbigh Retail Park is the town’s only out of town retail facility and is prominently situated half a mile east of the town centre, adjacent to a Lidl supermarket. Denbigh Retail Park was completed in October 2017 and is anchored by a bespoke Aldi supermarket and Home Bargains. Greenfingers Garden Centre is situated to the rear of the park, while Poundworld, Mencap and Vets4Pets have also agreed terms to take leases within the park.




The property comprises a modern semi-detached retail warehouse unit benefiting from open A1 retail planning consent, use of the unallocated car parking throughout the
retail park (194 spaces in total), together with a 2,000 sq ft mezzanine with stair and lift access which is classified as


VAT is applicable to this lot.

Completion Period

Six week completion

Bidder's Legal Report

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Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
468.14 sq m
185.81 sq m
(5,039 sq ft)
(2,000 sq ft)
10 years from
02/10/2017 until
01/10/2027 on a
full repairing and
insuring lease (2)
653.95 sq m
(7,039 sq ft)
  £65,000 (3) 

(1) For the year ending 25th February 2017, Peacocks Stores Limited reported a turnover of £382,318,000, pre-tax profits of £65,019,000 and a total net worth of £192,792,000 (Experian Group 26/02/2019).
(2) The lease provides for a tenant only option to determine on 02/10/2022, subject to 6 months’ prior written notice. The lease is full repairing and insuring by way of service charge.
(3) The tenant's rent free period will expire on 5th October 2018. The Seller has agreed to adjust the completion monies so that the property will effectively produce £65,000 p.a.x. from completion of the sale.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    File Size
    116 MB
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  • Catalogue Page
    Updated Date
    File Size
    520 KB
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  • Site Plan
    Updated Date
    File Size
    104 KB
    View PDF
  • Common Auction conditions
    Updated Date
    File Size
    124 KB
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  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF


Gwen ThomasGwen Thomas +44 (0)20 7034 4857 +44 (0)7809 363549gwen.thomas@acuitus.co.uk
Georgina RobertsGeorgina Roberts +44 (0)20 7034 4863georgina.roberts@acuitus.co.uk
Seller's Solicitors
Shepherd and Wedderburn LLP Condor House, 10 St. Paul's Churchyard
Lauren McLeod 0207 429 4959lauren.mcleod@shepwedd.co.uk

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