Nationwide Crash Repair Centre
Waggon Road
Mossley
Greater Manchester
OL5 9HL

Freehold Industrial Investment

  • Let to Nationwide Crash Repair Centres Limited with guarantee
  • Totalling approximately 12,836 sq ft on a site of 0.71 acres
  • Current passing rent equates to £2.50 per sq ft
  • August 2018 rent review outstanding (see note 2)
  • Benefits from being located very close to Mossley Railway Station
  • Lot
    8
  • Auction
    14/Feb/2019
  • Rent
    £32,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £450,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of a Major Fund
  • Nationwide Crash Repair Centre<br>Waggon Road<br>Mossley<br>Greater Manchester<br>OL5 9HL
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
4 miles north-east of Ashton-under-Lyne, 11 miles east of Manchester
Roads
A627, A635, A57, M60, M67, M62
Rail
Mossley Railway Station (approx 23 mins direct to Manchester Piccadilly)
Air
Manchester Airport
Situation

Mossley is a densely populated Greater Manchester town located approximately 11 miles east of the city centre. The property is situated on the north side of Waggon Road, at its junction with Mill Street and benefits from being just 100m from Mossley Railway Station.

Tenure

Freehold.

Description

The property comprises two industrial warehouses currently used as workshops with additional ancillary office accommodation, together totalling approximately 12,836 sq ft. The property benefits from four roller shutter doors, an eaves height of 5.3 metres, a large yard and a site area of approximately 0.71 acres (40% site coverage).

VAT

VAT is applicable to this lot.

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
Ground
Workshop/Office
1,192.47 sq m
(12,836 sq ft)
NATIONWIDE
CRASH REPAIR
CENTRES LIMITED
guaranteed by
Nationwide
Accident Repair
Services Limited (1)
25 years from
07/08/1998 until
06/08/2023 on a
full repairing and
insuring lease
£32,00007/08/2018
(2)
Total
1,192.47 sq m
(12,836 sq ft)
  £32,000 

(1) Established in 1993, Nationwide Repairs is the leading and largest comprehensive automotive repairer in the UK with, 125 state-of-the- art equipped repair centres, a UK wide mobile repair network, a UK wide mobile glass repair and replacement network, three Fast Fit Plus centres and an accident management and claims handling service, Nationwide boasts the broadest range of repair solutions and services in the industry today (Source:www.nationwiderepairs.co.uk).
(2) The August 2018 rent review remains outstanding. Notice has been served at £49,500 p.a.x. Please refer to the legal pack for further information.

Property Documents

  • Site Plan
    Updated Date
    22.01.19
    File Size
    759 KB
    View PDF
  • Catalogue Page
    Updated Date
    22.01.19
    File Size
    894 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.01.19
    File Size
    143 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Mishcon de Reya Africa House, 70 Kingway
London
WC2B 6AH
0203 321 7932
Lizzie Hill 020 3321 7932lizzie.hill@mishcon.com

Useful Links

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