Halls Holdings House
Bowmen Way
Battlefield
Shrewsbury
Shropshire
SY4 3DR
Wynnstay Industrial Estate, Ruabon
£611,200
House
- High quality new build trade counter investment let to Screwfix Direct Limited
- Total Gross Internal Floor Area of approximately 4,433 ft sq (411.80 m sq)
- Eaves height of 6 metres
- 14 car parking spaces
- Secure Rental income of £41,796 per annum
- 10 year lease term (subject to a tenant option to determine in December 2030)
- Forming part of a new build development of two commercial buildings
Situation
The property forms part of a well located modern commercial development of two detached units on the edge of Ruabon and Wrexham. The property forms part of Wynnstay Industrial Estate, which is located just off Llangollen Road, which provides access to the A483 dual carriageway. The surrounding occupiers include Wrexham Mineral Cables and significant residential development.
The property is located approximately 1 mile from the village of Ruabon and approximately 5 miles from the city of Wrexham and approximately 16 miles from the city of Chester. The property enjoys good connectivity to the national road network.
Ruabon is a village in Wrexham County Borough and had a population of 4,274 at the 2011 census and has the majority of local amenities. The property is strategically well located making it attractive for investment purposes.
Description
The property provides a detached new build modern trade counter/Commercial unit that has been extensively fitted out by the tenant occupier (Screwfix Direct Limited). The unit is of steel portal framework clad in profile sheeting to the elevations and the roof cover. The roof cover has translucent roof lights. The unit has an eaves height of approximately 6 metres and an electric roller shutter door to the front elevation. There is potential in the future to separate the unit into three units providing further asset management potential.
The unit has the benefit of 14 car parking spaces to the front of the property and road frontage onto Llangollen Road.
The unit is fitted out as a trade counter with welfare facilities. It offers an ideal well let investment let to a strong national covenant.
Price
Offers in the region of £611,200 (Exclusive) showing a Net Initial Yield of 6.5% after normal purchasers costs.
VAT
The property is elected for VAT and therefore VAT will be payable on the purchase of the property.
It is proposed that the sale of the property will proceed by way of a TOGC (Transfer of a Going Concern)
Tenure
The property is offered for sale freehold and forms part of Title Number CYM844919 as shown approximately red on the plan within these particulars.
The sale of the property will be subject to the following occupational tenancy;
Lease:
Lease dated 3rd of December 2025 to Screwfix Direct Limited (Company Number 03006378)
Term/Rent
10 years from 3rd of December 2025
£20,898 per annum upto 2nd of October 2026
£41,796 per annum from 3rd of October 2026.
Repairing and Insuring Basis
Rent Reviews
Tenants Full Repairing and Insuring Basis
5 yearly
Other Comments
Inside the Landlord and Tenant Act 1954 Part 2
Tenant Option to determine- 3rd December 2030 (3 months' notice)
A copy of the lease is available from the selling agents upon request.
Tenant
The property is let to Screwfix Direct Limited (Company Number 03006378)
Screwfix operates a network of over 900 stores across the United Kingdom, Ireland, and France. The company’s stores are powered exclusively by renewable electricity, and they have begun retrofitting existing stores with air source heat pumps. Screwfix’s store network is designed to be within a 30-minute drive of 97% of the UK population. The company’s services include Click and Collect, which is used more than 10 million times a year, and next day deliveries every day. Screwfix’s omnichannel approach has seen digital innovation at the heart of its operations, with services like Plumbfix and Electricfix launched to meet the demands of qualified plumbers and electricians.
The latest financial information for Screwfix Direct Limited as at 31 January 2025
is as follows;
(£‘m)
Total Assets: 1,579
Total Assets less current liabilities: £1,036
Net Assets: 779.3
The covenant strength of the tenant makes it an attractive investment for property investment purposes.
Viewing
Viewing is strictly by prior arrangement with the selling agents.
Accommodation
(All measurements are approximate)
Total Gross Internal Floor Area 4,433 ft sq ((411.80 m sq)
External
14 car parking spaces.
Local Authority
Wrexham County Borough Council
Wrexham LL11 1AU
Planning
Prospective purchasers and tenants should make their own enquiries.
The property is understood to benefit from Use Class B of the Town and Country Use Classes Order 1987.
The property would lend itself to a variety of trade counter/commercial uses subject to statutory consents.
Legal Costs
Each Party to bear their own legal costs incurred in respect of the sale of the property.
EPC
A (9)
Rateable Value
£17,000
Services
(not tested)
The property is understood to have mains water, electricity (including three phase) and drainage.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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