Prominent Pedestrianised Freehold Retail Investment
Prominent Pedestrianised Freehold Retail Investment
Sandbach is a market town located 25 miles south of Manchester and 14 miles north of Stoke on Trent. The town is located near to the M6 motorway and is on the A534 which connects Crewe to the west with Macclesfield to the west. The property is located in the town centre on the pedestrianised Penda Way. Penda Way connects the High Street/Market Square with Scotch Common Car Park to the north. Occupiers close by include Nationwide (opposite), Savers, Sue Ryder, Well Pharmacy and a number of local retailers.
Freehold.
Sandbach is a market town located 25 miles south of Manchester and 14 miles north of Stoke on Trent. The town is located near to the M6 motorway and is on the A534 which connects Crewe to the west with Macclesfield to the west. The property is located in the town centre on the pedestrianised Penda Way. Penda Way connects the High Street/Market Square with Scotch Common Car Park to the north. Occupiers close by include Nationwide (opposite), Savers, Sue Ryder, Well Pharmacy and a number of local retailers.
Freehold.
The property comprises a ground floor shop with ancillary accommodation at first floor.
VAT is not applicable to this lot.
6 Week Completion
See legal pack at www.acuitus.co.uk
The property comprises a ground floor shop with ancillary accommodation at first floor.
VAT is not applicable to this lot.
6 Week Completion
See legal pack at www.acuitus.co.uk
| Floor | Use | Floor Areas (Approx) |
Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground First |
Retail Ancillary |
56.80 sq m 36.30 sq m |
(611 sq ft) (390 sq ft) |
BARNARDO`S (2) |
15 years from 24/06/2013 on a Full Repairing and Insuring lease (1) |
£7,200 | 24/06/2023 |
| Total |
93.10 sq m |
(1,001 sq ft) |
£7,200 | ||||
(1) Tenant option to determine on 23/06/2023, upon 6 months notice - 2018 Tenant option to determine not exercised.
(2) Operate from 700 stores nationwide and reported in 2020 an income of 296.4m (Source : www.barnardos.org.uk)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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