Retail Property (high street) for sale

Freehold Retail Investment for sale Let to The Peacock Group Plc at 55 High Street, Holywell, Clwyd CH8 7TF

Offers in Excess of 4,383 sq. ft. | £550,000

Property Description

Commercial information

  • Business for sale
  • 4,383 sq ft (407 sq m)

Key features

  • Reversionary Freehold Retail Investment
  • Let to Dorsman Estates Co. Ltd. (Guaranteed by The Peacock Group) until 2016.
  • Prime Pedestrianised Town Centre Location

Full description

Tenure: Freehold

ADDRESS: 55 High Street, Holywell, Clwyd CH8 7TF
• Reversionary Freehold Retail Investment
• Let to Dorsman Estates Co. Ltd. (Guaranteed by The Peacock Group) until 2016. • Prime Pedestrianised Town Centre Location
LOCATION
Holywell is located on the Dee Estuary, 16 miles north west of Chester and 28 miles south of Liverpool. The town benefits from good access to the road network being adjacent to the A55 and provides access to the M53 at Junction 12.
SITUATION
The property is situated in the heart of the town centre on the northern side of the pedestrianised High Street, the town’s principal retail thoroughfare, close to the junction with Tower Gardens and Opposite a National Westminster Bank. Nearby occupiers includes Moss Chemists, Abbey National, Iceland and Clinton Cards.
DESCRIPTION
The property comprised ground floor retail accommodation, with ancillary accommodation on the lower ground and first floor. The property also benefits from first floor staff residential accommodation. The property benefits from service access to the rear at lower ground floor level and a goods lift.
ACCOMMODATION
Gross Frontage: 30’0’’, Net Frontage: 26’9’’, Shop Depth: 139’ 5’’, Lower Ground Floor: 27 Sq. Ft., Ground Floor: 3,377 Sq. Ft., First Floor: 979 Sq. Ft., Total Approximate Floor Area: 4,383 Sq. Ft.
TENANCY
The entire property is let to Dorsman Estates Co. Ltd., guaranteed by The Peacock Group Plc. (655 Branches) for a term of 15 years from 20 September 2001 until 2016 on a full repairing and insuring lease at a rent of £35,000 p.a.

RENT: £38,000 p.a.
TENURE: Freehold VAT IS: Applicable
PRICE: Offers in excess of £550,000 – Net 6.1%

More information from this agent

Nearest station

  • Flint (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Flint (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Suttons, London

100 Pall Mall London SW1Y 5NQ

020 8012 3073 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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