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 14th February 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
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.
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
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).
25 years from 07/08/1998 until 06/08/2023 on a full repairing and insuring lease
£32,000
07/08/2018 (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.
Contacts
Seller's Solicitors
Mishcon de Reya Africa House, 70 Kingway London WC2B 6AH 0203 321 7932
