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Investment Highlights
- High Yielding Retail Investment.
- Let to a Nail Salon.
- Lease Expires 04.04.2030.
- 531 sq ft (49.3 sq m).
- Investment Let at £9,500 p.a. (10.55% GIY on Guide Price).
- Ground Floor Retail Unit.
- Recently Renewed Five Year Lease.
- No Breaks.
- Forms Part of a Popular Parade.
Executive Summary
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.
Property Facts
Amenities
- Security System
- Roller Shutters
- Roof Terrace
- Storage Space
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Betfred Group Limited
- Arts, Entertainment, and Recreation
- -
- -
- -
- Christian Community Action Ministries
- Service type
- 442 sq ft
- -
- Sep 2016
- Flavour Vapour Limited
- Retailer
- 442 sq ft
- -
- -
- Healthy Living and wellbeing Centre
- Health Care and Social Assistance
- 246 sq ft
- -
- -
- Willow Bridal Boutique Ltd
- Service type
- -
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Betfred Group Limited | Arts, Entertainment, and Recreation | - | - | - | ||
| Christian Community Action Ministries | Service type | 442 sq ft | - | Sep 2016 | ||
| Flavour Vapour Limited | Retailer | 442 sq ft | - | - | ||
| Healthy Living and wellbeing Centre | Health Care and Social Assistance | 246 sq ft | - | - | ||
| Willow Bridal Boutique Ltd | Service type | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Property Features: Comprises ground floor shop Suitable for variety of uses (Class E) VAT is applicable to this property Available on a new lease with flexible terms Situated in the heart of the town centre on the south side of Wheelock Street, close to its junction with St Michael Way, with occupiers close by include Tesco Express, Nationwide, Lidl, Home Bargains and more. Property Description: Comprises ground floor shop, providing the following accommodation and dimensions: Ground Floor: 33.4 sq m (360 sq ft) Open plan retail, storage, wc Terms: Available on a new lease with terms to be agreed by negotiation Rent: £173.08 + VAT per week (PCM: £750 + VAT) Service Charge: £23.54 + VAT per week (PCM: £102 + VAT) Deposit: £2,250 (3 Months) Rateable Value: Rateable Value - £7,200 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request.
| Space | Size | Space Use | Position | Available |
| 21 | 360 sq ft | Retail | - | Now |
21
| Size |
| 360 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
21
| Size | 360 sq ft |
| Space Use | Retail |
| Position | - |
| Available | Now |
Property Features: Comprises ground floor shop Suitable for variety of uses (Class E) VAT is applicable to this property Available on a new lease with flexible terms Situated in the heart of the town centre on the south side of Wheelock Street, close to its junction with St Michael Way, with occupiers close by include Tesco Express, Nationwide, Lidl, Home Bargains and more. Property Description: Comprises ground floor shop, providing the following accommodation and dimensions: Ground Floor: 33.4 sq m (360 sq ft) Open plan retail, storage, wc Terms: Available on a new lease with terms to be agreed by negotiation Rent: £173.08 + VAT per week (PCM: £750 + VAT) Service Charge: £23.54 + VAT per week (PCM: £102 + VAT) Deposit: £2,250 (3 Months) Rateable Value: Rateable Value - £7,200 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request.
Nearby Major Retailers
Presented by
17 Wheelock St
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