Units 1-5 Evolution Lakeside Business Village St Davids Park Ewloe Flintshire CH5 3XP

Units 1-5 Evolution Lakeside Business Village
St Davids Park
Ewloe
Flintshire
CH5 3XP

Virtual Freehold Ground Rent Office Investment

Let on a new 125 year lease
5 yearly fixed rental increases by 2% per annum compounded
Sublet at £126,795 p.a.x.
Situated on established business park
Terrace of five self-contained offices
Neighbouring occupiers include Moneysupermarket.com, Redrow and Unilever

Lot
24
Auction
11th July 2013
Rent
£32,500 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Virtual Freehold Ground Rent Office Investment

Let on a new 125 year lease
5 yearly fixed rental increases by 2% per annum compounded
Sublet at £126,795 p.a.x.
Situated on established business park
Terrace of five self-contained offices
Neighbouring occupiers include Moneysupermarket.com, Redrow and Unilever

Lot 24
Auction 11th July 2013
Rent £32,500 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Ground Rent
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 8 miles west of Chester, 17 miles south of Liverpool, 90 miles north-west of Stoke on Trent
Roads: A494, A55, M56
Rail: Hawarden Rail Station
Air: Liverpool John Lennon Airport, Manchester Airport

Situation

Ewloe is situated adjacent to the junction of the A494 and the A55 and close to Hawarden and Shotton. Chester is 8 miles to the east. The property is situated in Lakeside Business Village which is immediately adjacent to the A494 and forms part of St David's Park. Occupiers close by include The St David's Park De Vere Hotel, Barclays, Bank of Scotland, Edison, Zurich and Moneysupermarket.com.

Tenure

Virtual Freehold. Virtual Freehold. Held on a lease for a term of 999 years from 30th July 2003 at a fixed rent of a peppercorn.

Location

Miles: 8 miles west of Chester, 17 miles south of Liverpool, 90 miles north-west of Stoke on Trent
Roads: A494, A55, M56
Rail: Hawarden Rail Station
Air: Liverpool John Lennon Airport, Manchester Airport

Situation

Tenure

Virtual Freehold. Virtual Freehold. Held on a lease for a term of 999 years from 30th July 2003 at a fixed rent of a peppercorn.

Description

The property comprises a terrace of five self-contained office buildings each having its own front door. The property benefits from car parking for 54 vehicles on-site and is set within an attractive landscaped environment.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Units 1-5	Offices	1,206 sq m	(12,981 sq ft)	HERBURY ESTATES LIMITED (1)	125 years from completion of the sale	£32,500	2018 and 5 yearly. Rent increased by 2% per annum compounded
Totals		1,206 sq m	(12,981 sq ft)			£32,500