Ground floor and basement let to Choxbox Limited (trading as Mr Simms Olde Sweet Shoppe) with 9 years unexpired
Prominent pedestrianised location in Central Manchester close to King Street and Deansgate
Nearby occupiers include HSBC bank, Moss Menswear, Starbucks and Office shoes
Vacant offices over 4 upper floors with the potential to substantially increase rent received
Six Week Completion
Lot 7
Auction 17th October 2013
Rent £95,000 per Annum Exclusive
Status Sold
Price £1,490,000
Sector High Street Retail
Auction Venue The Millennium Hotel 44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Miles
35 miles east of Liverpool
200 miles north-west of London
Roads
A6, M60 (Junction 11), M62 (Junction 12)
Rail
Manchester Piccadilly
Air
Manchester Airport
Situation
The property is situated in a prominent pedestrianised position on the western side of St Ann’s Square, a niche location within central Manchester’s prime retailing area which enjoys excellent pedestrian footfall as a link between Market Street and King Street.
Tenure
Freehold.
Location
Miles
35 miles east of Liverpool
200 miles north-west of London
Roads
A6, M60 (Junction 11), M62 (Junction 12)
Rail
Manchester Piccadilly
Air
Manchester Airport
Situation
The property is situated in a prominent pedestrianised position on the western side of St Ann’s Square, a niche location within central Manchester’s prime retailing area which enjoys excellent pedestrian footfall as a link between Market Street and King Street.
Tenure
Freehold.
Description
The property comprises a five storey attractive traditional building with ground floor retail sales area and basement ancillary space. The retail frontage has a central entrance with display windows either side. Above are 4 floors of office accommodation with prominent self-contained access off St Ann’s Square.
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 five storey attractive traditional building with ground floor retail sales area and basement ancillary space. The retail frontage has a central entrance with display windows either side. Above are 4 floors of office accommodation with prominent self-contained access off St Ann’s Square.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
(1) The lease to Choxbox Limited contains an option to determine on 18/07/2017 requiring a minimum of 6 months’ notice. Mr Simms Olde Sweet Shoppe is a successful franchise which operates from nearly 100 locations in the UK and Ireland. They are the UK’s leading high street and online sweet shop. (Source: www.mrsimmsoldesweetshoppe.co.uk).
Contacts
Seller's Solicitors
Hilmi & Partners LLP 2 Conduit Street London W1S 2XB
