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Vacant Freehold Retail Investment Let to The Peacock Group Plc. – Holywell Property to be vacant on 25 July 2024, as notice has been served to vacate

For sale: £700,000.00|5,035 Sq Ft|Retail

Property details

FOR SALE£700,000.00
SIZE5,035 Sq Ft
ADDRESSPeacocks Stores Ltd, 55 High Street, Holywell, Flintshire, CH8 7TF
TYPERetail
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON13th May 2024

Description

Reversionary Freehold Retail Investment
Let to Dorsman Estates Co. Ltd. (Guaranteed by The Peacock Group) until 2026 with a break on 24. July 2024.
Prime Town Centre Location
Tenant been at property since 2001

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 High Street, the town’s principal retail thoroughfare, close to the junction with Tower Gardens Nearby occupiers includes Iceland Foods, and the Red Lion Hotel.

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: 30 Sq. Ft., Ground Floor: 4015 Sq. Ft., First Floor: 990 Sq. Ft., Total Approximate Floor Area: 5,035 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 5 years from 24 July 2021 until 2026 with a tenants only break in 2024-tenant has exercised break

RENT: £35,000 p.a.
TENURE: Freehold
VAT IS: Applicable
PRICE: Offers in excess of £700,000

Location

marker
Location: Peacocks Stores Ltd, 55 High Street, Holywell, Flintshire, CH8 7TF

Flint (4.0 miles)

Neston (6.7 miles)

West Kirby (7.1 miles)

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