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Hilbre Ice Cream Parlour, Dee Lane, West Kirby, Wirral, Merseyside, CH48 0QA
Guide Price* : £95,000 to £100,000
Retail Investment
Upon Instructions of
- Retail Investment
- 11 Years Remaining Unexpired
- Producing £3,500 Per Annum
- Current Rent Reviews Outstanding
- Next Rent Review December 2024
- Approximately 35.50 sq m (382 sq ft)
Description
The property comprises a single storey brick built 'kiosk' beneath a pitched tile roof.
Internally the property comprises a sales area of approximately 26.50 sq m (285 sq ft) and former Red Cross first aid post 9 sq m (97 sq ft).
Location
The property is located on the junction of Dee Lane and South Parade, West Kirby. The property overlooks the Dee Estuary and is close to the Marine Lake, which hosts a variety of water sports activities for local clubs and the general public. West Kirby is a popular location for day visitors.
The property is within 300 metres of West Kirby town centre and within 350 metres of West Kirby Train Station.
Tenure
Freehold under Title Number MS567749.
Tenancy
The property is occupied under the terms of a 20 year lease from 5 December 2015 (approximately 11 years unexpired) at a rent of £3,500 per annum. We understand the January 2019 and December 2021 rent reviews have not been implemented. The next rent review is due in December 2024.
Tenant Information
The current tenant is trading as Hilbre Ice Cream Parlour and sells a number of hot and cold food, ice creams and sea side paraphernalia.
Planning Authority
Wirral Council - www.wirral.gov.uk
Bidder Registration
Registration for bidding will close at 2:00 pm the day before the auction, after which we cannot guarantee giving you permission to bid at the auction.
VAT
Refer to the legal documentation
Energy Performance Certificate
B: 48
Contact
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Administration Fee The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
Office Contact
Vendor
Agreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton December 2024
Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries, including LSH Property Auctions, and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
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