BRYMAU ONE RIVER LANE, , , CH4 8RQ Best offers by 12.00 noon Friday 18th November

A Modern, Multi Let Industrial Estate Investment FOR SALE ENTER BRYMAU ONE RIVER LANE, SALTNEY, FLINTSHIRE, CH4 8RQ

INVESTMENT CITY CENTRE

SUMMARY CHESTER RETAIL PARK • A Modern, multi-let, freehold industrial investment totalling 25,404 sq ft over 19 units. SEALAND INDUSTRIAL ESTATE • Located in a prominent position fronting directly onto River Lane, a well-established trade counter, industrial and commercial location, just 2 miles from Chester City Centre. BRYMAU ONE • The estate is fully let to a total number of 12 tenants CHESTER FOOTBALL CLUB producing a passing rent of £123,342 per annum. CENTRAL TRADE PARK • Freehold & PLUMB CENTER • Offers in excess of £1,375,000 allowing for purchaser costs of £58,250 which reflects a net initial yield of 8.46% RIVER LANE A5104 HIGH STREET subject to contract. The price reflects a low capital value of only £54.12 per sq ft. RIVER DEE

HOME INVESTMENT SUMMARY LOCATION DESCRIPTION TENANCY SCHEDULE FURTHER INFORMATION BRYMAU ONE RIVER LANE, SALTNEY, FLINTSHIRE, CH4 8RQ A5117 J10 A550 A540 M53

A5117 J11 LOCATION M56 M56 J16 J15 Chester is located 40 miles south west of and 10 miles north of . The City A550 A548 has a resident population of 120,000 and an estimated catchment of around 800,000 which A540 FLINT M53 extends into , Merseyside and . A41 QUEENSFERRY A548 A5116 The area has excellent connections to via the A55 and a national motorway network A550 via the M53 and M56 (junction 12 is located 2 miles to the north east of the City Centre). A56 A548 provides regular services to London Euston (2hr 50 mins). Both RIVER DEE CONNAHS Manchester International Airport and Liverpool John Lennon Airport are within 45 minutes’ drive QUAY B5129 CHESTER RD CHESTER times. A494

A5115 A550 MORRISONS SUPERSTORE SITUATION A5104 SALTNEY A55(T) River Lane is situated in Saltney approximately 2 miles to the west of Chester City Centre and is BROUGHTON A483 CHESTER A55(T) BUISNESS accessed directly from Chester Road, A5104, one of the main arterial roads into the City Centre PARK A55(T) from the west BRYMAU 1 River Lane is a well-established location and is home to a wide range of industrial and distribution A 5 4 8 S E A L A N D R O A D occupiers serving Chester, Cheshire and the wider North Wales market. The Airbus wing A 5 4 8 S E A manufacturing facility at Broughton is situated approximately 2.5 miles to the West. A L 5 A 2

N 6 D 8 CHESTER Brymau One is situated in a prominent position fronting River Lane close to the junction with

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Chester Road (A5104) and as such the units are popular with trade counter occupiers. C T E S R H T O E G A Saltney provides a range of retail and financial service including Morrisons, ASDA and Go A D O F O R L

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Outdoors. N S U S H N T A S Chester N

Chester R Golf Club D D Race Course B R I D G E UR C ZO N T

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A N E C H R L X R I V E U R S E Z O N P A R K LEY R E R MAR S T E T R E E N AY E R H G W T U G W E S 4 H O H 0 3 4 C A 5 1

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SALTNEY A

HOME INVESTMENT SUMMARY LOCATION DESCRIPTION TENANCY SCHEDULE FURTHER INFORMATION

Viscount

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BRYMAU ONE o t

House a RIVER LANE, SALTNEY, FLINTSHIRE, CH4 8RQ 1

El Sub Sta DESCRIPTION

Brymau One comprises 19, modern, trade counter/industrial units Deva House 1 accessed from River Lane. b Sta Facit El Su The units are of steel frame construction, clad to the lower A1 Glen sections with brick and blockwork and insulated steel sheet Industrial B1 Estate C1 mau cladding to the upper sections and roof. B A2 Bry r y ouse H D n D1 m e f Each unit has a dedicated HGV loading door, separate personnel a C2

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n access, dedicated services and nominated parking. A number e 4

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t of occupiers have combined individual units in order to a B3 t A4 e accommodate their expansion. D2 B4 Tenants in occupation include T.N Robinson electrical wholesalers, C4 A5 English Provender Company and the Neuro Therapy Centre Ltd D3 B5 who have been in occupation for over 30 years. Brymau One 2 1 Right of way in favour of the property.

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1 SITE Right of way reserved in favour of the adjoining property. n The site extends to 0.64 hectares (1.70 acres). Drai

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MP .5 Garage

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HOME INVESTMENT SUMMARY LOCATION DESCRIPTION TENANCY SCHEDULE FURTHER INFORMATION BRYMAU ONE RIVER LANE, SALTNEY, FLINTSHIRE, CH4 8RQ

TENANCY SCHEDULE

Address Tenant Lease Lease Expiry Next rent Review Passing Rent (psf) Floor Areas (Break) Sq Ft Sq M A1 Hartley And Parry 6 yrs wef 31.10.2021 1.11.2018 £7,875 pa 1,453 135 1.11.2015 (1.11.2018) (£5.42) A2 Nirvana housekeeping 6 yrs wef 31.10.2021 1.11.2018 £5,250 pa 996 93 1.11.2015 (1.11.2018) (£5.27) A3, A4 & A5 Chester Car Services 6 yrs wef 1.12.2018 - £17,500 pa 3,491 324 1.12.2012 (£5.00) B1-B2 Saltney Tyres 9 yrs wef 18.5.2019 - £12,300 pa 2,470 230 18.5.2010 (£4.98) B3 Chester Polishers 6 yrs wef 30.11.2020 1.12.2017 £4,780 pa 999 93 1.12.2014 (1.12.2017) (£4.78) B4 Infront Motorcycles 3 yrs wef 31.8.2018 - £4,330 pa 995 93 1.9.2015 (£4.35) B5 Myokinetics 6 yrs wef 30.6.2022 1.7.2019 £7,875 pa 1,485 138 1.7.2016 (1.7.2019) (£5.30) C1, C2, C3 & C4 Neuro Therapy Centre Ltd 3 yrs wef 31.1.2018 - £21,182.60 5,005 465 1.2.2015 (1.2.2017) (£4.23) D1 Solo Eng. Prodcuts 6 yrs wef 31.8.2022 1.9.2019 £10,500 pa 2,012 187 1.9.2016 (1.9.2019) (£5.21) D2 Factory Kitchens & Bedrooms 3 yrs wef 31.7.2019 - £7,500 pa 1,501 140 1.8.2016 (£5.00) D3 TN Robinson Ltd 6 yrs wef 14.4.2020 14.4.2017 £10,000 pa 1,996 186 14.4.2014 (13.4.2017) (£5.00) Unit 1 English Provender Co 20 yrs wef 1.6.2018 - £7,125 pa 1,496 139 1.8.1998 (£4.76)) Unit 2 English Provender Co 20 yrs wef 1.6.2018 - £7,125 pa 1,496 139 1.8.1998 (£4.76)

TOTAL £123,342 25,404 2,356

• The Estate is fully let to 12 tenants • The AWULT to expiry is 3.2 years • The total passing income of £123,342 per annum reflects an average rent of £4.85 per sq ft. • The units are let on internal repairing and insuring leases. The landlord levies a service charge calculated at 10% of the annual rent to cover external repairs and maintenance.

HOME INVESTMENT SUMMARY LOCATION DESCRIPTION TENANCY SCHEDULE FURTHER INFORMATION BRYMAU ONE RIVER LANE, SALTNEY, FLINTSHIRE, CH4 8RQ

TENURE EPC

The property is held freehold. Copies of the certificates are available upon request. The units are let on internal repairing and insuring leases. The landlord levies a service charge to cover the cost of external repairs and maintenance. LEGAL COSTS

Each party is to be responsible for payment of their own legal costs incurred. SERVICE CHARGE The external areas are maintained by the landlord and to reflect this there is a 10% service charge VIEWING payable from the tenants to the landlord. Strictly by appointment with the sole agents. Contact: VAT Stephen Wade We understand the property has been elected for VAT and it is anticipated that the sale will be [email protected] treated as a transfer of a going concern (TOGC). 07779 656799

PROPOSAL Ben Lamont [email protected] We are instructed to seek offers in excess of £1,375,000 subject to contract and exclusive of VAT. 07825 785040 A purchase at this level would reflect a net initial yield of 8.46% based on standard purchaser costs £58,250.

MISREPRESENTATION ACT 1967 (Conditions under which particulars are issued). Legat Owen Limited and Wingetts for themselves and the Vendors/Lessors of this property whose Agents they are given notice that these particulars do not constitute any part of an offer or contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied on as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser/lessees must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. SUBJECT TO CONTRACT. Designed by Richard Barber & Company 0161 833 0555. October 2016.

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