Beta House, Brooks Lane Brooks Lane Industrial Estate Middlewich Cheshire CW10 0QE

Beta House, Brooks Lane
Brooks Lane Industrial Estate
Middlewich
Cheshire
CW10 0QE

Freehold Trade Counter Investment

Entirely let to Lockwell Electrical Distributors Ltd
Located within the established Brooks Lane Industrial Estate
Tenant in occupation for at least 10 years, Nearby occupiers include Middlewich, Community Church, Flexichem Ltd, Tarmac Ltd and BW Tyres
On-site car parking and secure yard
Eight Week Completion

Lot
55
Auction
11th July 2013
Rent
£32,300 per Annum Exclusive
Status
Sold
Price
£260,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Trade Counter Investment

Entirely let to Lockwell Electrical Distributors Ltd
Located within the established Brooks Lane Industrial Estate
Tenant in occupation for at least 10 years, Nearby occupiers include Middlewich, Community Church, Flexichem Ltd, Tarmac Ltd and BW Tyres
On-site car parking and secure yard
Eight Week Completion

Lot 55
Auction 11th July 2013
Rent £32,300 per Annum Exclusive
Status Sold
Price £260,000
Sector
Trade Counter/Builders Merchants
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 0.6 miles south of Middlewich town centre,15.3 miles south-west from Wilmslow, 24.2 miles south of Manchester city centre
Roads: A54, A503, A533, M6 (Junction 18)
Rail: Winsford Rail
Air: Manchester Airport, Birmingham Airport

Situation

The property is situated on the western side of Brooks Lane, within the established Brooks Lane Industrial Estate, some 0.6 miles south of Middlewich town centre. The property is located adjacent to Middlewich Community Church, with other nearby occupiers including Flexichem Ltd, Tarmac Ltd, BW Tyres and Unique UG Fitness.

Tenure

Freehold.

Location

Miles: 0.6 miles south of Middlewich town centre,15.3 miles south-west from Wilmslow, 24.2 miles south of Manchester city centre
Roads: A54, A503, A533, M6 (Junction 18)
Rail: Winsford Rail
Air: Manchester Airport, Birmingham Airport

Situation

Tenure

Freehold.

Description

The property comprises a light industrial unit with on-site parking and secure yard.

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 light industrial unit with on-site parking and secure yard.

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	Trade Counter	590.95 sq m	(6,361 sq ft)	LOCKWELL ELECTRICAL DISTRIBUTORS LTD (1) (2)	6 years 3 months from 24/06/2013 until 23/09/2019 on a full repairing and insuring lease	£32,300	24/06/2016
Totals		590.95 sq m	(6,361 sq ft)			£32,300

1) For the year ending 31st January 2012, Lockwell Electrical Distributors Ltd reported a turnover of £21,202,061, pre-tax profits of £434,166 and a total net worth of £2,985,238. (Source: www.riskdisk.com 10/06/2013)
(2) Part of the property has been sublet to First Harvest Limited and School Style Limited.