Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment let on a recently renewed lease and forming part of a popular local parade.
Arranged across ground floor only, the property is let to a private individual t/a K Nails on a recently renewed five year lease with no breaks expiring 04.04.2030 and paying £9,500 per annum.
The property forms part of a popular local parade in Middlewich fronting Wheelock Street, the principal amenity for the town. The street is characterised by a number of local and national retail/leisure occupiers including Lidl, Home Bargains and Tesco.
Tenure
Leasehold - New 999 Year Lease - Peppercorn Rent
Tenancy
The property is let to a private individual t/a K Nails on a recently renewed five year lease with no breaks expiring 04.04.2030 and paying £9,500 per annum.
The lease is on effective FRI terms via Service Charge and we understand a deposit of £1,250 is held.
Rent
Notes
Joint Auctioneer
Joseph Bachman
07723 619 270
We understand the property is elected for VAT. It is anticipated the sale will be treated as a Transfer of a Going Concern (TOGC).