22 Hope Street Wrexham Clwyd LL11 1BD

22 Hope Street
Wrexham
Clwyd
LL11 1BD

Freehold Retail Investment

Entirely let to Everything Everywhere Ltd, t/a Orange on assignment from Barclays Bank plc
Benefits from Privity of Contract
Prominent town centre location on busy pedestrianised thoroughfare
Nearby occupiers include Thomas Cook, Ernest Jones, Barclays Bank and Holland & Barrett
Six Week Completion Available

Lot
29
Auction
10th July 2012
Rent
£64,500 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of a Major Fund

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Freehold Retail Investment

Entirely let to Everything Everywhere Ltd, t/a Orange on assignment from Barclays Bank plc
Benefits from Privity of Contract
Prominent town centre location on busy pedestrianised thoroughfare
Nearby occupiers include Thomas Cook, Ernest Jones, Barclays Bank and Holland & Barrett
Six Week Completion Available

Lot 29
Auction 10th July 2012
Rent £64,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On Behalf of a Major Fund

Property Information

Location

Miles: 12 miles south-west of Chester, 32 miles south of Liverpool, 50 miles south-west of Manchester
Roads: A525, A534, A483
Rail: Wrexham Central
Air: Liverpool Airport

Situation

The property is situated in a prominent position on the southern side of Hope Street, one of Wrexhams major pedestrianised thoroughfares. Nearby occupiers include Thomas Cook, Ernest Jones, Barclays Bank and Holland & Barrett.

Tenure

Freehold.

Location

Miles: 12 miles south-west of Chester, 32 miles south of Liverpool, 50 miles south-west of Manchester
Roads: A525, A534, A483
Rail: Wrexham Central
Air: Liverpool Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with ancillary accommodation on first and second floors.

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 a ground floor retail unit with ancillary accommodation on first and second floors.

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	Reversion
Ground First Second	Retail Ancillary Ancillary	100.15 sq m 60.48 sq m 47.75 sq m	(1,078 sq ft) (651 sq ft) (514 sq ft)	EVERYTHING EVERYWHERE LTD(1) (t/a Orange) (on assignmentfrom Barclays Bank plc) (1) (2)	25 years from 21/08/1991 on a full repairing and insuring lease	£64,500	01/08/2016
Totals		208.38 sq m	(2,243 sq ft)			£64,500

(1) Everything Everywhere ltd is the UKs largest communications company, providing mobile and fixed-broadband communications services to more than 27 million customers through the Orange and T-Mobile brands. Everything Everywhere employs more than 15,000 people and operates over 720 retail stores across the UK. (Source: www.everythingeverywhere.com 14/06/2012)
(2) Barclays Bank plc remains liable under the lease due to privity of contract. For the year ending 31st December 2011 Barclays Bank plc reported pre-tax profits of £5,974,000,000 and a net worth of £54,232,000,000 (Source: www.riskdisk.com 15.06.2012)