35 - 39 Flixton Road Urmston Manchester M41 5AW

35 - 39 Flixton Road
Urmston
Manchester
M41 5AW

Freehold Retail/Motor Trade Investment let to Kwik-Fit Properties Ltd

  • Let to Kwik-Fit Properties Ltd (guaranteed by Kwik-Fit Holdings Ltd) until 2029
  • Entirely sublet to Carpet Superstores Limited with personal guarantee until 2029 at the passing rent
  • 100m from Eden Square Shopping Centre and Urmston Railway Station
  • Nearby occupiers include JD Wetherspoon, Iceland and Barnardo's
  • Lot
    39
  • Auction
    23rd May 2019
  • Rent
    £49,854 per Annum Exclusive
  • Status
    Sold
  • Price
    £620,000
  • Sector
    Motor Trade/Petrol Station
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
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  • Photos
  • Map

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

Freehold Retail/Motor Trade Investment let to Kwik-Fit Properties Ltd

  • Let to Kwik-Fit Properties Ltd (guaranteed by Kwik-Fit Holdings Ltd) until 2029
  • Entirely sublet to Carpet Superstores Limited with personal guarantee until 2029 at the passing rent
  • 100m from Eden Square Shopping Centre and Urmston Railway Station
  • Nearby occupiers include JD Wetherspoon, Iceland and Barnardo's
  • Lot 39
  • Auction 23rd May 2019
  • Rent
  • Status Sold
  • Price £620,000
  • Sector
    Motor Trade/Petrol Station
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

Property Information

Location
Miles
5.8 miles south-west of Manchester
Roads
B5214, M60 (Junction 9)
Rail
Urmston Rail
Air
Manchester Airport
Situation

Urmston is a commuter town located some 5.8 miles south west of Manchester city centre, just off junction 9 of the M6 Motorway. The property is situated on the busy Flixton Road, some 100m from Urmston Railway Station and the Eden Square Shopping Centre. Eden Square houses occupiers include Boots, Aldi and Iceland. Other nearby occupiers include JD Wetherspoon, Domino's and Barnardo's.

Tenure

Freehold.

Location
Miles
5.8 miles south-west of Manchester
Roads
B5214, M60 (Junction 9)
Rail
Urmston Rail
Air
Manchester Airport
Situation

Urmston is a commuter town located some 5.8 miles south west of Manchester city centre, just off junction 9 of the M6 Motorway. The property is situated on the busy Flixton Road, some 100m from Urmston Railway Station and the Eden Square Shopping Centre. Eden Square houses occupiers include Boots, Aldi and Iceland. Other nearby occupiers include JD Wetherspoon, Domino's and Barnardo's.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit and benefits from forecourt parking for approximately 9 cars.

VAT

VAT is applicable to this lot.

EPC

Band B. See legal pack at acuitus.co.uk.

Description

The property comprises a ground floor retail unit and benefits from forecourt parking for approximately 9 cars.

VAT

VAT is applicable to this lot.

EPC

Band B. See legal pack at acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground Retail
386.50 sq m
(4,159 sq ft)
KWIK-FIT PROPERTIES LIMITED guaranteed by Kwik-Fit Holdings Limited (1) (2) 30 years from 24/02/1999 on a full repairing and insuring lease £49,854.95 24/02/2024
(23/02/2029)
Total
386.50 sq m
(4,159 sq ft)
    £49,854.95  

(1) Kwik Fit are experts in automotive repair including tyres, MOT testing, car servicing, exhausts, brakes, and air-con. They are the leading fast-fit supplier of tyres in the country and carry stocks of over 600,000 products in over 600 centres (Source: www.kwikfit.com 24/04/2019).
(2) The property has been sublet to Carpet Superstores Limited with a personal guarantee from 27/06/2013 until 23/02/2029 at a current passing rent of £49,854.95. The sublease is available to view within the legal pack.

Property Documents

  • Site Plan
    Updated Date
    01.05.19
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    01.05.19
    File Size
    650 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Associate Auctioneers
Porter & Co 20a Craven Terrace
London
W2 3QH
Stephen Porter 0207 706 9686stephenporter@porterco.co.uk
Seller's Solicitors
WGS Solicitors 133 Praed Street
London
W2 1RN
Jonathan Gerber 0207 723 1656jg@wgs.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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