FULLY LET FREEHOLD Retail Investment For Sale - HENBLAS STREET WREXHAM LL13 8AE RENTAL INCOME PER ANNUM: £88,752.02 OFFERS INVITED AROUND: ...
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RENTAL INCOME PER ANNUM: £88,752.02 OFFERS INVITED AROUND: £880,000.00 FULLY LET FREEHOLD Retail Investment For Sale HENBLAS STREET WREXHAM LL13 8AE
HENBLAS STREET WREXHAM LL13 8AE RETAIL UNITS SITE PLAN Service Yard Sports Direct (2,750 sqft) 480 (3,046 sqft) 255 sqm (3,280 sqft) Kiosk 283 sqm (3,120 sqft) 305 sqm (1,850 sqft) B sq ft (2,150 sqft) 290 sqm 172 sqm 200 sqm Kiosk C 200 sq ft 9 11 15 3 5 7 Xplore Freehold Title Retail Apartments Money Shop sold long lease
HENBLAS STREET WREXHAM LL13 8AE APARTMENTS SITE PLANS 44 45 47 46 48 W W W W W W W W 43 49 31 W 42 1 W W 32 W W 41 50 W W 40 33 51 2 W W W W W 39 34 3 52 W 36 27 29 28 38 35 30 W W W W 4 W 53 W W W W 37 W W W W 5 W W W W W W W W W W W W W W W W W 6 26 24 25 23 W 21 22 20 W 17 18 19 16 13 14 15 7 12 W 11 10 8 9 FIRST FLOOR 44 45 46 47 48 49 43 31 42 32 1 50 41 33 40 51 2 34 39 27 52 29 28 30 3 35 36 38 4 53 37 5 6 25 26 24 22 23 20 21 18 19 16 17 15 13 14 11 12 10 7 8 9 MEZZANINE FLOOR
HENBLAS STREET / QUEEN STREET WREXHAM LL13 8AE Service Property Tenant Term Start Review Break End Rent Size Sq Ft Insurance Use / Notes Charge 01/06/2021 10 01/12/2023 Hair and Beauty Parlour Kiosk B Katarzyma Hughes 01/12/2018 None 30/11/2028 £5,000 480 £174.01 £174.11 Years 01/06/2026 The rent review is OMV or RPI whichever the higher OMV or RPI 10 01/04/2025 Acupuncture Specialist Kiosk C Shabnam Shahrivar 19/03/2020 01/04/2025 31/03/2030 £3,000 200 £60.01 £69.14 Years OMV or RPI The rent review is OMV or RPI whichever the higher The company help young people and adults with learning 10 01/07/2025 Shop 3 Baseline Matters CIC 05/06/2020 01/07/2025 30/06/2030 £10,750 2,150 £645.01 £645.01 disabilities Autism, Mental Health inc Dementia Years OMV or RPI The rent review is OMV or RPI whichever the higher Love Me Again Bridal t/a 3 Shop 5 01/08/2019 01/08/2022 01/02/2021 31/07/2022 £9,000 1,850 £555.01 £355.01 The sale and hire of wedding and prom dresses Alisha Bridal and Prom Years 7 01/05/2026 01/05/2026 A test centre for the general public Shop 7 Pearson PLC 01/05/2021 30/04/2028 £15,500 3,120 £936.01 £800.01 Years OMV or RPI 01/05/2027 The rent review is OMV or RPI whichever the higher A charity that is embracing change bringing transparency 10 01/03/2026 Shop 9 YaB Group Ltd 01/03/2021 01/03/2026 28/02/2031 £16,000 3,280 984.01 800.01 and a digital loyalty programme using tecnology Years OMV or RPI The rent review is OMV or RPI whichever the higher A charity that is embracing change bringing transparency 10 24/11/2025 Shop 11 YaB Group Ltd 27/11/2020 24/11/2025 23/11/2030 £15,000 3,820 914.01 800.01 and a digital loyalty programme using tecnology Years OMV or RPI The rent review is OMV or RPI whichever the higher 6 An award winning company offering affordable Shop 15 Refurbs Flintshire 01/09/2019 01/09/2024 01/09/2023 31/08/2025 £14,500 2,150 711.01 774.01 Years furniture and electrics to the community Cravelane Ltd Shop 1 999 Years 09/11/2018 None None 08/11/3017 £1.01 15,000 None £11,227.66 Sports Superstore T/As Sports Direct Leased the ground floor lobby. The first and Residential Apartments 999 Years 01/01/2020 None None 31/12/3018 £1.01 25,000 None £9,771.01 mezzanine floors covering all the apartments Freeholds Ltd and collecting all the Ground Rents Total £88,752.02
Viewing and Further Details Mandale C h este A5152 Joe Darragh l nP r Road A5152 to x T: 07973 908 599 Ca E: joe@mandale.com t r ee A5 St ity St in Tr on Re ge er t nt Eg St re et INVESTMENT LOCATION e t Lo r d Stre St re Ho lt e t A5152 Ma r ke Queen St tS t re Ho p eS et t re WREXHAM et HenblasSt CENTRAL Hi ll St et St t re Bank r le sS C ha St Abbo tS Hope t e St r e e t Str e et High ill nH Brook w Stre k To Yo r LOCATION They do contribute to the service charge and buildings insurance. Located 5 miles west of the English border, Wrexham is the largest town and the Facing Queen Street there are 3 small shops 1 administrative centre of North Wales. It is has been sold on a long leasehold basis and situated approximately 13 miles south west of Kiosks B & C are income producing. Chester and 32 miles south of Liverpool. The green areas on the plan show the access The town has substantial retail and commercial and exit to the first and second floor offerings and is home to Glyndwr University. apartments. There are good transport links and the A483 The first and second floor apartments have all and A534 are in close proximity. These roads been sold on long leaseholds. The ground rent link the town to Chester in the North and has also been sold to Residential Freeholds Ltd Nantwich and Crewe to the East. so the income from the apartments is peppercorn. There are two railway stations in Wrexham and they offer direct services to towns and cities There is a service yard at the rear of the property providing delivery access to the across Wales and the North West. properties. SITUATION AREA The building has recently been fully refurbished. It comprises of the following. The Investment is located in central Wrexham in a great and busy area. Nearby occupiers are 6 shops facing on to Henblas street, let and Café Nero, WH Smith, Waterstones, Holland & income producing - shops 3, 5, 7, 9, 11 & 15. Barrett and many more. A building abutting the Also facing Henblas Street there is a large 3- investment Xplore has just had over a million storey Sports Direct. This part of the property pounds spent on a refit and is now up and running. has been sold on a 999 year ground lease at a It is a science and interactive visitors centre. peppercorn rent. IMPORTANT NOTICE: These details were compiled March 2021 and whilst every reasonable effort has been made by The Mandale Group to ensure accuracy, interested parties are strongly advised to take appropriate steps to verify by independent inspection or enquiry all information for themselves and to take appropriate professional advice. (i) No description or information given about the property or its value, whether written or verbal or whether or not in these particulars (‘information’) may be relied upon as a statement of representation or fact. The Mandale Group nor their Agents have any authority to make any representation and accordingly any information given is entirely without responsibility on the part of The Mandale Group or the seller / lessor. (ii) Any photographs show only certain parts of the property at the time they were taken. Any areas, measurements or distances given are approximate only. (iii) Any reference to alterations to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. These matters must be verified by any intending buyer / lessee. (iv) Any buyer. lessee must satisfy himself by inspection or otherwise as to the correctness of any information given. 01642 605 514 Designed and produced by Architype | 07793 764 767 | architypecreative.com | Ref: 0763
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