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For Sale£395,000.00

2 Station Road, Northwich, CW9 5QY

Design & Build, Other Property Types & Opportunities , 2000 Sq Ft
Property type: Design & Build, Other Property Types & Opportunities
Tenure: Business for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
Size: 2000 Sq Ft
Price: £395,000.00
Location: 2 Station Road, Northwich, CW9 5QY
The property comprises a modern, single storey building comprising two retail units and which benefit from planning consent for the erection of an upper floor extension providing 5 self contained apartments.

Each apartment will have a generous balcony and use of car parking to the rear of the block.

The first retail unit is let as a takeaway subject to a lease expiring January 2027 on effectively fully repairing and insuring terms and subject to a current rent of £12,000 per annum plus VAT.

The second unit is occupied as a bridal shop on a rolling licence although lease negotiations are well advanced and the expected rental will be £10,000 per annum plus VAT. There will be a landlord's break clause in the event that occupation becomes necessary to facilitate the upper floor extension.

PLANNING CONSENT

Planning consent for the development was granted on 12 April 2018. Full details are on the Cheshire West And Chester Council website, Planning Application Number 17/03993/FUL.
https://pa.cheshirewestandchester.gov.uk/online-applications.


( Agency Pilot Software Ref: 783 )
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