Unit 19 Penda Way
Sandbach
Cheshire
CW11 1GS

Prominent Pedestrianised Freehold Retail Investment

  • Prominent Pedestrianised Town Centre Location close to Towns main car park
  • Let to Barnardo`s, in-occupation for over 36 years
  • 2018 Tenant option to determine NOT exercised
  • Lease expires June 2028 (1)
  • VAT-free Investment
  • Lot
    20
  • Auction
    04/Nov/2021
  • Rent
    £7,200 per Annum Exclusive
  • Status
    Sold
  • Price*
    £125,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • Unit 19 Penda Way, Sandbach, Cheshire, CW11 1GS
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
10 miles south east of Northwich
14 miles north of Stoke
25 miles south of Manchester
Roads
M6, A534
Rail
Sandbach Railway
Air
Manchester Airport
Situation

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.

Tenure

Freehold.

Description

The property comprises a ground floor shop with ancillary accommodation at first floor.

VAT

VAT is not applicable to this lot.

Completion Period

6 Week Completion

EPC

See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview
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)
£7,20024/06/2023
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 £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    15.10.21
    File Size
    705 KB
    View PDF
  • Site Plan
    Updated Date
    15.10.21
    File Size
    898 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860 +44 (0)7513 610 710george.goucher@acuitus.co.uk
Seller's Solicitors
Charles Coleman LLP 28-30 Beaumont Road
Windsor
Berkshire
SL4 1JP
Nathan Kapoor 01753 861 115NK@Charles-Coleman.com

Useful Links

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