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 Jamesand William Hill
Lot 107
Auction 18th October 2018
Rent £46,750 per Annum Exclusive
Status Sold
Price £450,000
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 the 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 and houses retailers including WH Smith, Iceland, Bonmarché and Savers.
Tenure
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 the 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 and houses retailers including WH Smith, Iceland, Bonmarché and Savers.
Tenure
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
Three adjoining properties are also being offered as lot numbers 104, 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
Three adjoining properties are also being offered as lot numbers 104, 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
Review/ (Reversion)
Ground First
Retail Ancillary
117.4 sq m 106.3 sq m
(1,264 sq ft) (1,144 sq ft)
CASHINO GAMING LIMITED (1)
25 years from 20/12/2001 on a full repairing and insuring lease
£46,750
20/12/2021 (19/12/2026)
Total
223.7 sq m
(2,408 sq ft)
£46,750
(1) Cashino currently operates from over 165 branches nationwide (www.cashino.com).
