Lot

60

Unit 3, Whitworth Court, Manor Park, Runcorn, WA7 1WA

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Description

Map

Viewings


Property Summary
  • Freehold multi-let office investment
  • Let to three separate tenants
  • About 149.10 sq m (1,605 sq ft)
  • Total combined current rent £25,800 per annum (gross) (1)
Tenure

Freehold

Location

Manor Park is a flagship business park and popular distribution location located midway between Warrington and Runcorn. It comprises 300 acres of mature business park with landscaped boulevards and low level density of buildings. Major occupiers on the Park include Atos Origin, Eddie Stobart, Lidl, Medline, Matthew Clark, Fresenius Kabi, Business Post and Yokogowa. 

The office building is located on Whitworth Court off Manor Farm Road in the popular Manor Park, between the towns of Warrington and Runcorn. The site fronts the A558 Daresbury Expressway and is close to the M56 motorway Junction 11 being within approximately 2 miles to the south.

Description

Whitworth Court comprises two terraces of two storey modern office buildings within a gated and landscaped business park, constructed by Gladman in 2003, each of traditional brick construction beneath a pitched tiled roof.  The property benefits from double glazing, fire & intruder alarms, open plan design, perimeter trunking, heating, new LED lighting and 9 allocated parking spaces.  Unit 3 comprises a two storey office building of about 149.10 sq m (1,605 sq ft).

Tenancy

Please refer to legal documents

VAT
Please refer to legal documents
Property Table
FloorAccomodationTenantTenancyRent £pa
GroundOffices 65.50 sq m (705 sq ft)ODU-UK LimitedLease expiring 20/12/2023£12,000
First (Suite B)Offices 52.95 sq m (570 sq ft)Rovert Media (2)Lease expiring 01/05/2021£8,400
First (Suite C)Offices 30.66 sq m (330 sq ft)Entrust Professional Services Limited (3)Lease expiring 02/02/2021£5,400
TOTAL   £25,800

The measurements have been provided by the seller.
(1) The net rent (less service charge) is £22,800 per annum.
(2) The tenant has an option to determine within 18 months of the lease start date.
(3) The tenant has an option to determine within 12 and 24 months of the lease start date.

EPC

Refer to the legal pack

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted \"subject to contract\". Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
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  5. To participate in the sale BidX1 must hold a minimum amount of £4,500 from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
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