35-37 Great Underbank Stockport Great Manchester SK1 1NT

  • 35-37 Great Underbank<br>Stockport<br>Great Manchester<br>SK1 1NT

35-37 Great Underbank
Stockport
Great Manchester
SK1 1NT

Freehold Retail Investment

  • Let to Carphone Warehouse Ltd (subject to option)
  • Approximately 50 metres from the main Merseyway Shopping Centre with occupiers including Primark, Boots, Marks and Spencer and Next
  • Six Week Completion
  • Lot
    43
  • Auction
    11th July 2013
  • Rent
    £34,250 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important UpdateInterested?
  • Expand
  • Photos
  • Map

Freehold Retail Investment

  • Let to Carphone Warehouse Ltd (subject to option)
  • Approximately 50 metres from the main Merseyway Shopping Centre with occupiers including Primark, Boots, Marks and Spencer and Next
  • Six Week Completion
  • Lot 43
  • Auction 11th July 2013
  • Rent £34,250 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
6 miles south-east of Manchester City Centre, 47 miles north of Stoke-on-Trent, 47.1 miles south-west of Leeds
Roads
A6, M60 (Junction 1 or 27)
Rail
Stockport Rail Station
Air
Manchester Airport
Situation

The property is situated in a highly prominent position within the central retailing district of the town centre. The main entrance to the major Merseyway Shopping Centre is located 50 metres west of the building. Nearby occupiers include Superdrug, Bhs, WHSmith, Costa Coffee and Topshop.

Tenure

Freehold.

Location
Miles
6 miles south-east of Manchester City Centre, 47 miles north of Stoke-on-Trent, 47.1 miles south-west of Leeds
Roads
A6, M60 (Junction 1 or 27)
Rail
Stockport Rail Station
Air
Manchester Airport
Situation

The property is situated in a highly prominent position within the central retailing district of the town centre. The main entrance to the major Merseyway Shopping Centre is located 50 metres west of the building. Nearby occupiers include Superdrug, Bhs, WHSmith, Costa Coffee and Topshop.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors and in the basement.

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises ground floor retail accommodation with ancillary accommodation on the first and second floors and in the basement.

VAT

VAT is not 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
Basement
Ground
First
Second
Ancillary
Retail
Ancillary
Ancillary
41.80 sq m
100.96 sq m
49.90 sq m
79.3 sq m
(449 sq ft)
(1086 sq ft)
(537 sq ft)
(853 sq ft)
CARPHONE
WAREHOUSE
LTD (1)
15 years from 29/09/2002 on a full repairing and insuring lease (2)
£34,250
28/09/2017
Totals  
231.96 sq m
(2,925 sq ft)
    £34,250

(1) For the year ending 31st March 2012, Carphone Warehouse Ltd reported pre-tax profits of £762,200,000 and a total net worth of £708,000,000 (Source: riskdisk.com 13/06/2013)
(2)The lease provides for the rent to be increased every 5th year by the greater of the Open Market Rental Value or increased in line with the Retail Price Index (RPI).

Useful Links

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

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?