65 Mersey Street Warrington Cheshire WA1 2BN

65 Mersey Street
Warrington
Cheshire
WA1 2BN

Freehold Retail Warehouse and Showroom Investment

  • Lot
    50
  • Auction
    18th October 2012
  • Rent
    £113,141 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Retail Warehouse
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
Important Update
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Freehold Retail Warehouse and Showroom Investment

  • Lot 50
  • Auction 18th October 2012
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    Retail Warehouse
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
17 miles west of Manchester, 18 miles east of Liverpool
Roads
A49, M6, M56, M62
Rail
Warrington Central, Warrington Bank Quay Rail Stations
Air
Manchester International Airport
Situation

The property is prominently situated on the A49 which forms part of the main ring road of the town and is well connected with the major conurbations of both Liverpool and Manchester. The town benefits from excellent communication links via the M62 (Junction 9), M6 (Junction 21) and M56 (Junction 10). Significant nearby occupiers include McDonald’s, Homebase, DFS and JJB Superstore.

Tenure

Freehold.

Location
Miles
17 miles west of Manchester, 18 miles east of Liverpool
Roads
A49, M6, M56, M62
Rail
Warrington Central, Warrington Bank Quay Rail Stations
Air
Manchester International Airport
Situation

The property is prominently situated on the A49 which forms part of the main ring road of the town and is well connected with the major conurbations of both Liverpool and Manchester. The town benefits from excellent communication links via the M62 (Junction 9), M6 (Junction 21) and M56 (Junction 10). Significant nearby occupiers include McDonald’s, Homebase, DFS and JJB Superstore.

Tenure

Freehold.

Description

The property comprises a single storey, detached retail warehouse, with an internal mezzanine floor. In addition, the property comprises a service yard to the northern end of the site and a car park for approximately 20 cars to the southern end of the site. The site area is approximately 0.128 hectares (0.35 acres).

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 single storey, detached retail warehouse, with an internal mezzanine floor. In addition, the property comprises a service yard to the northern end of the site and a car park for approximately 20 cars to the southern end of the site. The site area is approximately 0.128 hectares (0.35 acres).

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 Review
Ground
Mezzanine
Retail
Ancillary
518.85 sq m
246.65 sq m
(5,585 sq ft)
(2,655 sq ft)
MULTIYORKFURNITURE LIMITED (1) 15 years from and including
19/10/2007 until 18/10/2022 on
a full repairing and insuring
lease
£113,141 (2)
19/10/2017
(3)
Totals  
765.50 sq m
(8,240 sq ft)
    £113,141

(1) Multiyork Furniture offer a taylor-made exclusive service, designing and producing furniture in the UK. They trade from 58 stores
nationwide, as well as a number of discount factory outlets and a significant online presence, offering a bespoke made-to-order furniture service. (Source www.multiyork.co.uk 24/08/2012)
(2)The seller has agreed to accept the rent by equal monthly payments until 28th September 2013. The ultimate holding company, Wade Group Limited, have agreed to guarantee the rent during this period.
(3)The rent will be increased at review by 2.5% per annum compounded annually. The fixed rental uplift at the 19th October 2012 review is included in the current rent passing.

Property Documents

  • Site Plan
    Updated Date
    05.10.12
    File Size
    26 KB
    View PDF
  • Catalogue Page
    Updated Date
    05.10.12
    File Size
    1 MB
    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
Tom RyderTom Ryder +44 (0)20 7034 4858 tom.ryder@acuitus.co.uk
Seller's Solicitors
Taylor Wessing LLP 5 New Street Square
London
EC4A 3TW
Hanna Whitmore 0207 300 7154h.whitmore@taylorwessing.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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