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.
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.