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Retail Property (out of town) for sale

Existing Aldi Supermarket, Leicester Street

£2,000,000

Property Description

Key features

  • Existing Aldi Supermarket with 112 parking spaces
  • New Aldi being constructed next door and opening Q1 2017
  • Vacant possession Q1 2017
  • Modern unit with scope to extend STPP

Full description

LOCATION
The property is located fronting Leicester Street, Northwich on the edge of the town centre and adjacent to a new Aldi Foodstore currently under construction.
See attached plan.
DESCRIPTION
The building totals 15,330 sq ft (1,424 sq m). The layout is as per attached plan with a uniform sales area and loading.
ACCOMMODATION
We have measured the property in accordance with the RICS Code of Measuring practice (6th Edition), and accordingly we have calculated the following approximate Gross Internal areas:
Sq m Sq ft
Sales & Warehouse 1,424 15,330
Site area: 1.6 acres.
SERVICES
We understand that all mains services are connected to the property.
Please note that Lamb & Swift Commercial have not tested any of the service installations or appliances connected to the property.
PLANNING
There will be a restriction in place that the sale of convenience goods are to be restricted to forming an ancillary part of the generation of the retail unit and not more than 41 sq m of the net sales area - see application numbers 4/29635 and 15/01672/FUL.
BUSINESS RATES
Rateable Value: £185,000
Rates Payable: £ 91,945 (2016/2017)
Interested Parties are advised to verify this information direct with the Local Rating Authority.
LEASE TERMS & RENTAL
Available by way of a New Full Repairing and Insuring lease for a term of years to be agreed.
The quoting rental is £215,000 per annum.
ASKING PRICE
For sale at £2,000,000 (Two Million Pounds) plus VAT.
LEGAL COSTS
Each party are to be responsible for their own legal costs involved in the transaction.
VAT
VAT may be applicable and if so, will be charged at the prevailing rate.
EPC
An EPC has been commissioned and a copy of the Report can be provided upon request.
VIEWING
Strictly by appointment with sole agents,
LAMB & SWIFT COMMERCIAL.
Contact: Nick Swift

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