Nearby occupiers include Next, Halifax, NatWest, Boots and Monsoon
Six Week Completion Period Available
Lot 24
Auction 8th December 2011
Rent £22,500 per Annum Exclusive
Status Sold
Price £275,000
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
13 miles south of Manchester city centre, 7 miles south-west of Stockport
Roads
M56, M6, A34, A538
Rail
Wilmslow Rail
Air
Manchester Airport
Situation
Wilmslow is an affluent Manchester commuter town with good communication links via the M56 providing access to Manchester, Chester and North Wales. The property is situated on the pedestrianised Grove Street, which is the principal retail thoroughfare in Wilmslow and is located close to the railway station. Nearby occupiers include Next, Halifax, NatWest, Boots and Monsoon.
Tenure
Freehold.
Location
Miles
13 miles south of Manchester city centre, 7 miles south-west of Stockport
Roads
M56, M6, A34, A538
Rail
Wilmslow Rail
Air
Manchester Airport
Situation
Wilmslow is an affluent Manchester commuter town with good communication links via the M56 providing access to Manchester, Chester and North Wales. The property is situated on the pedestrianised Grove Street, which is the principal retail thoroughfare in Wilmslow and is located close to the railway station. Nearby occupiers include Next, Halifax, NatWest, Boots and Monsoon.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground and first floors with ancillary accommodation and second floor.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises retail accommodation on the ground and first floors with ancillary accommodation and second floor.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground First Second
Retail
Ancillary
32.33 sq m 27.03 sq m 27.87 sq m
(348 sq ft) (291 sq ft) (300 sq ft)
BARNARDO’S
15 years from 26/11/2002 (2)
£22,500
2012
Totals
87.23 sq m
(939 sq ft)
£22,500
(1) Barnardo's is a charity committed to helping more than 100,000 children, young people and their families, with over 400 local projects and 11,915 volunteers. In 2010, 40 new shops were opened bringing the total to 380 shops nationwide. (Source: www.barnardos.org.uk) (2) The tenant has the option to determine the lease on the 10th anniversary of the term.