Let to Salons First Limited on a renewed lease until June 2028
Tenant in occupation since at lease 2016
Podium level retail unit
Major Regional Retailing Centre and Tourist City.
Attractive and Historic City Centre Location
Neighbouring occupiers include Travelodge, Nandos, Cafe Nero, Cote Brasserie and Hugo Boss.
Lot 30
Auction 24th September 2021
Rent £13,500 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
17 miles South of Liverpool
33 mile South West of Manchester
Roads
A51, A55, A56, M53, M56
Rail
Chester Railway Station
Air
Liverpool John Lennon international Airport, Manchester International Airport
Situation
Chester is an affluent, highly attractive and an important historic walled City that is popular with both tourists and shoppers, as the city is a major regional shopping destination. The property is situated in a prominent position on the east side of the majority pedestrianised Bridge Street in the heart of the City Centre. Nearby commercial occupiers include Travelodge, Cafe Nero, Nandos, Cote Brasserie, Hugo Boss amongst many other major national occupiers and exclusive boutiques,
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn rent from completion
Location
Miles
17 miles South of Liverpool
33 mile South West of Manchester
Roads
A51, A55, A56, M53, M56
Rail
Chester Railway Station
Air
Liverpool John Lennon international Airport, Manchester International Airport
Situation
Chester is an affluent, highly attractive and an important historic walled City that is popular with both tourists and shoppers, as the city is a major regional shopping destination. The property is situated in a prominent position on the east side of the majority pedestrianised Bridge Street in the heart of the City Centre. Nearby commercial occupiers include Travelodge, Cafe Nero, Nandos, Cote Brasserie, Hugo Boss amongst many other major national occupiers and exclusive boutiques,
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn rent from completion
Description
The property comprises a self contained shop unit situated at the Podium / Row level.
VAT
VAT is applicable to this lot.
Completion Period
6 week Completion
EPC
Exempt - listed building
Description
The property comprises a self contained shop unit situated at the Podium / Row level.
VAT
VAT is applicable to this lot.
Completion Period
6 week Completion
EPC
Exempt - listed building
Tenancy & Accommodation
Floor
Use
Area/sq m (sq ft)
Tenant
Term
Rent p.a.x
Podium / Row Level
Retail
121.10 sq m
(1,303 sq ft) (2)
Salon First Limited (CRN06827824) (1)
7 years from 21st June 2021 until 20 June 2028
£13,500 (3)
Total
121.10 sq m
(1,303 sq ft) (2)
£13,500
(1) Salon First Limited were incorporated in February 2009 and has been in occupation of the property since at least 2016. (2) The above floor areas are those published by the Valuation Office Agency at https://www.tax.service.gov.uk/business-rates-find/valuations/18287099000 (3) The lease provides for the rent to be paid monthly.
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.
