3 Milner Road Northwich Cheshire CW8 1JF

  • 3 Milner Road<br>Northwich<br>Cheshire<br>CW8 1JF

3 Milner Road
Northwich
Cheshire
CW8 1JF

Freehold Assisted Living Charity Let Investment

  • Let to Newcare Housing Society (a Registered Charity)
  • 20 year lease expiring April 2036 (no breaks)
  • RPI Rent Reviews increasing annually every April
  • Residential location close to local shopping facilities, various schools and Greenbank Train Station (5 minute walk)
  • VAT-free Charity-Let Investment
  • Lot
    24
  • Auction
    21st July 2021
  • Rent
    £17,297 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Medical/Healthcare
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

Freehold Assisted Living Charity Let Investment

  • Let to Newcare Housing Society (a Registered Charity)
  • 20 year lease expiring April 2036 (no breaks)
  • RPI Rent Reviews increasing annually every April
  • Residential location close to local shopping facilities, various schools and Greenbank Train Station (5 minute walk)
  • VAT-free Charity-Let Investment
  • Lot 24
  • Auction 21st July 2021
  • Rent £17,297 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    Medical/Healthcare
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
1 mile south-west of Northwich Town Centre
13 miles north of Crewe
22 miles south-west of Manchester
Roads
A49, A533, A556
Rail
Greenbank
Air
Manchester Airport
Situation

Northwich lies approximately 13 miles north of Crewe and 22 miles south-west of Manchester within the heart of Cheshire. Northwich benefits from good road communication links being close to the A556 and A49 arterial routes and within 6 miles of J10 of the M56 motorway. The property is situated on a cul-de-sac of only five properties facing onto a public green in a predominantly residential location within 0.2 miles of Greenbank Train Station. Various Schools are located nearby and nearby occupiers include Tesco Express, Premier Express Convenience Store and various independent shops, cafe's and takeaways.

Tenure

Freehold.

Location
Miles
1 mile south-west of Northwich Town Centre
13 miles north of Crewe
22 miles south-west of Manchester
Roads
A49, A533, A556
Rail
Greenbank
Air
Manchester Airport
Situation

Northwich lies approximately 13 miles north of Crewe and 22 miles south-west of Manchester within the heart of Cheshire. Northwich benefits from good road communication links being close to the A556 and A49 arterial routes and within 6 miles of J10 of the M56 motorway. The property is situated on a cul-de-sac of only five properties facing onto a public green in a predominantly residential location within 0.2 miles of Greenbank Train Station. Various Schools are located nearby and nearby occupiers include Tesco Express, Premier Express Convenience Store and various independent shops, cafe's and takeaways.

Tenure

Freehold.

Description

The property comprises a semi detached two storey residential property with a living room/dining area, kitchen, bedroom, shower room and WC on the ground floor. At first floor level there are six bedrooms with a bathroom and additional WC. The property also benefits from a tarmac driveway with a fenced lawn garden at the front, together with a further garden and paved patio to the rear.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

D. See legal pack at www.acuitus.co.uk.

Description

The property comprises a semi detached two storey residential property with a living room/dining area, kitchen, bedroom, shower room and WC on the ground floor. At first floor level there are six bedrooms with a bathroom and additional WC. The property also benefits from a tarmac driveway with a fenced lawn garden at the front, together with a further garden and paved patio to the rear.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

D. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor Use Gross Internal Floor Areas
(Approx)
Tenant Term Rent p.a.x Reviews
Ground
First
Residential (7
bedrooms, living
room/dining area,
kitchen, bedroom,
shower room, WC and
bathroom)
75.04 sq m
78.03 sq m
(808 sq ft)
(840 sq ft)
NEWCARE
HOUSING
SOCIETY (1)
20 years from
26/04/2016 until
25/04/2036 on a full
repairing and
insuring lease
£17,297.97 Annual RPI
rent reviews
capped at
4% pa
Total
153.07 sq m
(1,648 sq ft)
    £17,297.97  

(1) Newcare Housing Society (charity number CN1058240) were formally known as Newcare Foundation. The Charity was incorporated in 1991 and aims to promote the support of persons who require special care, education or training. The property is sublet to One2One Chershire Ltd who operate as a supported living provider.

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
    01.07.21
    File Size
    700 KB
    View PDF
  • Site Plan
    Updated Date
    01.07.21
    File Size
    824 KB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
BBS Law The Edge, Clowes Street
Salford
M3 5NA
Daniel Berger 0161 832 2500daniel@bbslaw.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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