Let to Tesco Stores Limited until 2040 (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Status Withdrawn Post
Price
Sector Convenience Store
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 do 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 do 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.
(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.
