Opposite Albert Square Shopping Centre and adjacent to Green Oaks Shopping Centre
Prominent pedestrianised location
Neighbouring occupiers include Santander, Lloyds, Holland & Barrett, Card Factory, Warren James and William Hill
Lot 104
Auction 18th October 2018
Rent £22,300 per Annum Exclusive
Status Sold 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-east of Liverpool, 30 miles south-west of Manchester
Roads
A557, A561, M62, M57
Rail
Widnes Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated on the east side of pedestrianised Albert Road, close to the Green Oaks Shopping Centre which houses retailers including Morrisons, TJ Hughes, Argos, Holland & Barrett and Peacocks. The Albert Square Shopping Centre is directly opposite, which houses retailers including WH Smith, Iceland, Bonmarché and Savers.
Tenure
Virtual Freehold. Virtual Freehold. Held for a term of 999 years from 24/12/1886 at a rent reserved of £7.0s.3d.
Location
Miles
12 miles south-east of Liverpool, 30 miles south-west of Manchester
Roads
A557, A561, M62, M57
Rail
Widnes Railway Station
Air
Liverpool John Lennon Airport
Situation
The property is situated on the east side of pedestrianised Albert Road, close to the Green Oaks Shopping Centre which houses retailers including Morrisons, TJ Hughes, Argos, Holland & Barrett and Peacocks. The Albert Square Shopping Centre is directly opposite, which houses retailers including WH Smith, Iceland, Bonmarché and Savers.
Tenure
Virtual Freehold. Virtual Freehold. Held for a term of 999 years from 24/12/1886 at a rent reserved of £7.0s.3d.
Description
The property comprises ground floor retail accommodation and first floor ancillary accommodation.
VAT
VAT is applicable to this lot.
Note
The three adjoining shops are being offered separately as lots 107, 112 and 116.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation and first floor ancillary accommodation.
VAT
VAT is applicable to this lot.
Note
The three adjoining shops are being offered separately as lots 107, 112 and 116.
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
55.8 sq m 45.3 sq m
(601 sq ft) (487 sq ft)
NS NEWS LIMITED
10 years from 24/12/2012 on a full repairing and insuring lease (1) (2)
£22,300
23/12/2022
Total
101.1 sq m
(1,088 sq ft)
£22,300
(1) The lease is subject to a photographic schedule of condition. (2) The lease provides for a tenant only option to determine on 24/12/2020.
