Tesco Express, 21 and 23 Northwich Road Weaverham Northwich Cheshire CW8 3EU

  • Tesco Express, 21 and 23 Northwich Road<br>Weaverham<br>Northwich<br>Cheshire<br>CW8 3EU

Tesco Express, 21 and 23 Northwich Road
Weaverham
Northwich
Cheshire
CW8 3EU

Long Let Convenience Store Investment

  • Let to Tesco Stores Limited until 2041 (Subject to option)
  • Recently renewed 15 lease
  • previous lease was 63 years from 1961.
  • Substantial convenience store of 529.16 sq m (5,694 sq ft)
  • Situated in established neighbourhood parade
  • Nearby occupiers include Co-op, Esso Petrol Station and a mix of local retailers
  • Lot
    11
  • Auction
    18th September 2025
  • Rent
    £43,000 per Annum Exclusive
  • Status
    Available
  • Guide*
    £675,000
  • Auction Venue
    Live Streamed Auction
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Long Let Convenience Store Investment

  • Let to Tesco Stores Limited until 2041 (Subject to option)
  • Recently renewed 15 lease
  • previous lease was 63 years from 1961.
  • Substantial convenience store of 529.16 sq m (5,694 sq ft)
  • Situated in established neighbourhood parade
  • Nearby occupiers include Co-op, Esso Petrol Station and a mix of local retailers
  • Lot 11
  • Auction 18th September 2025
  • Rent £43,000 per Annum Exclusive
  • Status Available
  • Guide* £675,000
  • Sector
    High Street Retail, Supermarket/Convenience
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
2.5 miles west of Northwich town centre, 19 miles south west of Manchester, 13 miles north east of Chester
Roads
A49, A556, A533, M56
Rail
Acton Bridge Railway Station, Greenbank Railway Station
Air
Manchester Airport
Situation

The property is located in the suburb of Weaverham, some 2.5 miles west of Northwich town centre. The property is situated on the north side of Northwich Road and forms part of an established retailing parade. Nearby occupiers include Co-op, Esso Petrol Station and a mix of retailers and takeaways which service the wider residential area.

Tenure

Long Leasehold. Held on two leases each for a terms of 150 years from 13th December 2005 until until 13/10/2152 at a fixed peppercorn rent.

Location
Miles
2.5 miles west of Northwich town centre, 19 miles south west of Manchester, 13 miles north east of Chester
Roads
A49, A556, A533, M56
Rail
Acton Bridge Railway Station, Greenbank Railway Station
Air
Manchester Airport
Situation

The property is located in the suburb of Weaverham, some 2.5 miles west of Northwich town centre. The property is situated on the north side of Northwich Road and forms part of an established retailing parade. Nearby occupiers include Co-op, Esso Petrol Station and a mix of retailers and takeaways which service the wider residential area.

Tenure

Long Leasehold. Held on two leases each for a terms of 150 years from 13th December 2005 until until 13/10/2152 at a fixed peppercorn rent.

Description

The property comprises a substantial convenience store providing ground floor retail accommodation and ancillary accommodation on the first and second floors.

The upper floors doe not extend across the full width of the building and may be suitable for residential conversion in the long term.

Neighbouring occupiers include Co-op, Boyles Sports, Bargain Booze and an eclectic mix of local retailers.

VAT

VAT is applicable to this lot.

EPC

Band E

Description

The property comprises a substantial convenience store providing ground floor retail accommodation and ancillary accommodation on the first and second floors.

The upper floors doe not extend across the full width of the building and may be suitable for residential conversion in the long term.

Neighbouring occupiers include Co-op, Boyles Sports, Bargain Booze and an eclectic mix of local retailers.

VAT

VAT is applicable to this lot.

EPC

Band E

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Ground
Part First
Part Second
Retail
Ancillary
Ancillary
342.25
139.93
46.98
(3,683)
(1,506)
(505)
Tesco Stores Limited (crn 00519500)
t/a Tesco Express
(1)
15 years from September 2025 until 2030 (2)
£43,000
September 2030 and 2035
Total Approximate Floor Area  
529.16
5,694 (3)
   
£43,000
 

(1) For the year ending 24th February 2024 Tesco Stores Limited (crn 00519500) reported a Revenue of £49,247,000,000., Pre Tax Profit of £1,469,000,000, and Net Assets of £4,402,000,000.. (Source: Annual Report and Financial Statement as published at Companies House 27/08/2025).
(2) The property is let under 2 separate conterminous leases for a term of 15 years from September 2025. The rent reserved under the lease for No 21 is £24,912 per annum exclusive and rent reserved under the lease for no 23 is £18,080 per annum exclusive. The total current rents reserved is £43,000 per annum exclusive. Both leases provide for a tenant options to determine the leases on the 10th anniversary of the terms.
(3)The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/9334112000).

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.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard, 7 Francis Grove Wimbledon
London
London
SW19 4DW
Fraz Hussain 020 8971 9520f.hussain@blackstonesolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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