14 / 16, Witton Street Northwich Cheshire CW9 5EB

14 / 16, Witton Street
Northwich
Cheshire
CW9 5EB

Freehold Retail Investment

  • Recently renewed lease to Burton/Dorothy Perkins Properties Limited t/a Dorothy Perkins
  • Prominent town centre location
  • Nearby occupiers include Boots the Chemist, Clarks, Santander, Halifax, Iceland and Vodafone
  • Lot
    47
  • Auction
    12th February 2020
  • Rent
    £18,100 per Annum Exclusive
  • Status
    Sold
  • Price
    £200,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN
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  • Map

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

Freehold Retail Investment

  • Recently renewed lease to Burton/Dorothy Perkins Properties Limited t/a Dorothy Perkins
  • Prominent town centre location
  • Nearby occupiers include Boots the Chemist, Clarks, Santander, Halifax, Iceland and Vodafone
  • Lot 47
  • Auction 12th February 2020
  • Rent
  • Status Sold
  • Price £200,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    Marble Arch
    London W1H 7TN

Property Information

Location
Miles
20 miles south-west of Manchester
23 miles south-east of Liverpool
Roads
A533, A559, M56, M6
Rail
Northwich Rail Station
Air
Manchester International Airport
Situation

The property is prominently located at the junction of the pedestrianised Witton Street and Leicester Street in the heart of the town centre, 150 metres from the entrance to the recently developed Barons Quay Shopping Centre. Nearby occupiers include Boots the Chemist, Clarks, Santander, Halifax, Iceland and Vodafone.

Tenure

Freehold.

Location
Miles
20 miles south-west of Manchester
23 miles south-east of Liverpool
Roads
A533, A559, M56, M6
Rail
Northwich Rail Station
Air
Manchester International Airport
Situation

The property is prominently located at the junction of the pedestrianised Witton Street and Leicester Street in the heart of the town centre, 150 metres from the entrance to the recently developed Barons Quay Shopping Centre. Nearby occupiers include Boots the Chemist, Clarks, Santander, Halifax, Iceland and Vodafone.

Tenure

Freehold.

Description

The property comprises a double fronted ground floor retail unit with first floor ancillary accommodation.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available to download at acuitus.co.uk

Description

The property comprises a double fronted ground floor retail unit with first floor ancillary accommodation.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available to download at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x
Ground
First
Retail
Ancillary
232.30 sq m
78.20 sq m
(2,500 sq ft)
(841 sq ft)
BURTON/DOROTHY
PERKINS PROPERTIES
LIMITED (1)
t/a Dorothy Perkins
3 years from
18/11/2019 (2) on a
full repairing and
insuring lease
£18,100 (3)
Total
310.50 sq m
(3,341 sq ft)
    £18,100 (3)

(1) Dorothy Perkins has around 400 stores across the UK and forms part of the Arcadia Group. Arcadia is made up of eight of the high street's best-loved fashion brands and employs 19,000 people across the world (Source: www.dorothyperkins.com).
(2) The lease provides a rolling tenant option to determine, subject to four months' notice.
(3) The rent is turnover rent based on 5% of the Gross Receipts (as defined in the lease) and the tenant pays an on account annual rent of £17,000 for the first year of the term (further on account payments being subject to review), which is then adjusted upon receipt of the Turnover Certificate (as defined in the lease).

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Catalogue Page
    Updated Date
    22.01.20
    File Size
    775 KB
    View PDF
  • Site Plan
    Updated Date
    22.01.20
    File Size
    779 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

Seller's Solicitors
Cleggs Solicitors Apex Court, Ruddington Lane,Wilford
Nottingham
NG11 7DD
Ian Torr 01159775800iant@cleggssolicitors.com

Useful Links

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

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