Lot
031
Auction: November 2022 Online Auction 09/11/2022

11 High Street, Mold, Flintshire CH7 1AZ

Property Details
Location
Auction Details
Description
A high street retail investment opportunity comprising a freehold three storey property extending to approximately 232 Sq M (2497 Sq Ft) (source EPC). The property is currently let to Subway at an annual rent of £18,350. The accommodation comprises a ground floor sales area with office and storage rooms on the first and second floors.
Location
The property fronts onto High Street (B5444) close to its junction with New Street (A5119) in the heart of the market town centre of Mold. There are a large variety of national and independent neighbouring retailers including Timpsons, Boots, Specsavers and Costa.
Accommodation
Pugh & Co have not inspected the property internally and the following accommodation details have been provided by the joint agent;

UnitSize
Ground Floor Sales Area53 Sq M (571 Sq Ft)
Ground Floor Store14.34 Sq M (154 Sq Ft)
First Floor Office / Store56 Sq M (605 Sq Ft)
Second Floor Store52 Sq M (563 Sq Ft)

Approx Site Area
Approximatley 82 Sq M (98 Sq Yds).
Tenure
Unknown
Planning
Interested parties should consult direct with the Local Planning Office, Cheshire West and Chester Council, The Forum Office, Chester, CH1 2HS. Tel: 0300 123 7027. E-mail: [email protected].
Tenancy
The property is let in full to Subway on a 10 year full repairing and insurance lease dated 12th April 2016 at an annual rent of £18,350. Subway has over 2000 UK restaurants primarily operated by franchisees.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 8TH NOVEMBER AND CLOSES ON WEDNESDAY 9TH NOVEMBER.

3. Energy Performance Certificate = D.

4. VAT is applicable in addition to the purchase price
Addendum
VAT is applicable in addition to the purchase price

Our Nearest Office

Liverpool 600x300

Liverpool

Joint Agent

Contact: Dan Wild
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