Get brand editions for Wingetts, Wrexham

Retail Property (high street) for sale

Church Street, Wrexham

Offers in Region of £280,000

Property Description

Key features

  • RETAIL INVESTMENT PROPERTY FOR SALE
  • SITUATED IN THE HEART OF WREXHAM FRONTING CHURCH STREET
  • IMMEDIATELY ADJACENT TO ST GILES CHURCH. THE SURROUNDING
  • AREA IS HOME TO A VARIETY OF RETAIL AND LEISURE OCCUPIERS
  • WITH HIGH STREET AND TOWN HILL BEING THE MAIN
  • LEISURE AREAS OF THE TOWN

Full description

DESCRIPTION
The premises comprise a two storey building with two ground floor retail units, one currently occupied by a hairdressers and one vacant, together with a gym at first floor level.

A full schedule of areas and occupiers is attached to these particulars.

LOCATION
The premises are situated in the heart of Wrexham, approximately 12 miles South of Chester and 25 miles North West of Shrewsbury.

Wrexham is the principal commercial and retailing centre of North Wales.

Accommodation/Tenancy Schedule - 5 Church Street - Tenant Carly Loundes - NIA Sq.Ft. (Sq.m.) 757 (70.4) - Current Rent (p.a.) £7,500 - Lease Start 12/10/15 - Lease Period 3 years - EPC Rating 124 (E)

6 Church Street - Currently Vacant - NIA Sq.Ft. (Sq.m.) 1,199 (111.4) - Current Rent (p.a.) Being Offered to Let
- EPC Rating 124 (E)

7 Church Street - Tenant Body Matters - NIA Sq.Ft. (Sq.m.) 1,626 (151.1) - Current Rent (p.a.) £12,500- Lease Start 25/10/12- Lease Period 6 years - EPC Rating 88 (D)

Total when fuly let £28,500

All leases are let on effective FRI Terms.
Copies of all leases are available upon request.

Epc - Available upon request.

Price - We are instructed to seek offers in the region of £280,000 exclusive of VAT, for the benefit of our clients freehold interest. An acquisition at this level would reflect an initial yield of 9.87% after allowing for purchasers costs of 3.05%.

Vat - The property is elected for VAT, which will be payable on the purchase price. It is envisaged that the sale will be treated as Transfer of a Going Concern.

Viewing - By appointment through the Joint Agents Wingetts Ltd or Legat Owen -

Richard Evans 01978 353553 - richard@wingetts.co.uk
James Lutton 01244 408244 - jameslutton@legatowen.co.uk

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More information from this agent

Nearest stations

  • Wrexham Central (0.3 mi)
  • Wrexham General (0.5 mi)
  • Gwersyllt (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Wingetts, Wrexham

29 Holt Street, Wrexham, LL13 8DH

01978 511020 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 stations

  • Wrexham Central (0.3 mi)
  • Wrexham General (0.5 mi)
  • Gwersyllt (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Wingetts, Wrexham

29 Holt Street, Wrexham, LL13 8DH

01978 511020 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.

Disclaimer - Property reference 26294110. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Wingetts, Wrexham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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