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Retail Property (high street) for sale

Kingsmills Road, Wrexham

£160,000

Property Description

Key features

  • 20 YEAR FRI LEASE
  • 7,800 PER ANNUM TOGETHER WITH A
  • DAILY CREDIT OF 7,300 FOR FOOD
  • EXCLUDED FROM THE 1954 LANDLORD AND TENANT ACT

Full description

SITUATION
The premises are situated fronting Kingsmills Road which is one of the main approach roads to Wrexham Town Centre, in an area of predominantly residential properties. Parts of the Kingsmills Area are currently being re-developed to provide further residential accommodation, with the Rivulet Road Residential Development also in close proximity.

DESCRIPTION
The premises comprise an inter terraced two storey brick built building beneath a pitched slated roof, providing on the ground floor a front serving area with rear preparation and storage areas, together with two rooms and a bathroom on the first floor

Front Shop - 18'7 x 15' (5.66m x 4.57m) - With tiled floor

Central Storage/Preparation Area - 17'6 x 7' (5.33m x 2.13m) - With storage and preparation areas, stainless steel catering sink, tiled walls, fridge area

step down to

Rear Storage /Preparation Area - 18' 9'6 (average) (5.49m 2.90m ( average)) - Providing potato storage area, peeling and chipping area, together with further storage accommodation and wash hand basin

Staircase to first floor having 2 rooms and a bathroom with w.c., wash hand basin and bath

Services - The premises have the benefit of mains water, drainage, electricity and gas connected, subject to statutory regulations. Gas fired wall mounted hot water heater.

Fixtures And Fittings - Please note, all fixtures and fittings are in the ownership of the tenant.

Lease Terms And Conditions - The premises are let on a 20 year full repairing and insuring lease, which commenced on the 28/08/13 at a rent of £7,800 per annum, collected weekly by the landlord. In addition the landlord is permitted a credit of £20 per day for food from the premises, which equates to £7,300 per annum. The rent to be reviewed following the expiry of ten years and either party can give notice to terminate the lease at the expiry of the ten years. The amount in relation to food is reviewed every three years. The lease is excluded from the 1954 (Section 24-28) Landlord and Tenant Act. A copy of the lease is available upon request.

Price - £160,000, subject to the existing lease.

Epc - In the course of preparation.

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More information from this agent

Nearest stations

  • Wrexham Central (0.5 mi)
  • Wrexham General (0.9 mi)
  • Gwersyllt (2.5 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 (0.5 mi)
  • Wrexham General (0.9 mi)
  • Gwersyllt (2.5 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 2520E_2520. 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.

Map data OpenStreetMap contributors.