For Sale by Auction on 24th November 2022
The site is located on Abbey Road in the heart of the Estate and comprises a fenced compound of some 65 sq m (700 sq ft) comprising a 25m height telecommunications mast with adjoining parking area.
Location
Wrexham is the principle City of North West Wales, approximately 10 miles from the English Border. Besides being an established commercial and residential centre in its own right, it is readily accessible to nearby centres of Chester, Liverpool and Manchester. It has a dual carriageway link to the A55 North Wales Expressway which links to the motorway network of North West England.
The Wrexham Industrial Estate is to the east of the town and is the largest estate in North Wales of over 550 hectares with over 340 businesses over a variety of sectors including international such as JCB, Kellogg’s Solvay and Wockhardt in additional to national and local businesses.
Accommodation
Size - 65 sq m (700 sq ft)
Terms
Tenancy - Cornerstone Telecommunications Infrastructure Ltd (08087551) who manage over 20,000 sites in their UK Estate (see www.cornerstone.network) is a joint venture between Telefonica and Vodafone. The company’s revenues in year ending 31/03/2021 was £314m.
Lease Term - 20 years from 27/02/2013 (1)
Current Rent - £10,569.60
Review - 27/02/2023
(1) - There is a tenant break at any time upon 3 months' written notice
Tenure - Freehold
Guide Price - £50,000
Specification
- By Order of the Administrators
- Freehold telecommunications mast investment
- Let to Cornerstone Telecommunications Infrastructure Limited (1)
- Current rent £10,569.60 per annum