Location Estimated District Population: 63,000 Miles: 4 miles east ofWrexham town centre 14 miles south of Chester 37 miles west of Newcastle upon Tyne
Roads: A483, M56 Rent £151,560 pa
Substantial Modern Freehold Industrial Investment
• Let to Tritech Precision Products Limited
• Lease expires September 2025 (No breaks)
• Modern industrial building on an established estate
• 30Working Day Completion available
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The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Weightmans LLP. t: 0161 214 0531. e: andrea.steventon@weightmans.com Ref: Ms A Steventon. Joint Auctioneers Lamont Commercial. t: 01270 621001. e: mpochin@lamonts.co.uk Ref:MPochin Esq.
Position The property is located on Bridge Road, one of the main roads within the establishedWrexham Industrial Estate, which at about 1,000 acres is one of the largest industrial estates inWales.
Nearby: Kelloggs, JCB, Tetra Pack, Hoya Lens.
Description Modern INDUSTRIAL BUILDING with ancillary offices arranged on the ground floor only. The property is located on a secure site of 2.7 acres (1.09 hectares) with separate car parking and yard areas.
Lease Term: 25 years from 4th September 2000 Basis:
FRI
Rent: £151,560 per annum Reviews: March 2014 and 5 yearly thereafter Expiry: September 2025
VAT is applicable to this lot – please see Special Conditions of Sale.
Gross Internal Areas
4,057.87 sq m 4,057.87 sq m
(43,680 sq ft) (43,680 sq ft)
(1) For the year ending 04/11, Tritech Precision Products reported a turnover of £13.5 million, pre-tax profits of £806,000 and a net worth of £7.2 million. (Source: Experian)