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INVESTMENT OPPORTUNITY*, Vale House, High Street, Winsford, Winsford, Cheshire

For sale: £1,320,000.00|Healthcare, Other Property Types & Opportunities

Property details

FOR SALE£1,320,000.00
ADDRESSINVESTMENT OPPORTUNITY*, Vale House, High Street, Winsford, Winsford, Cheshire
TYPEHealthcare, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON5th April 2021

Description

The premises comprise an existing medical centre arranged over the ground floor, first floor and basement areas, currently offering a reception area, consulting rooms and meeting rooms.

The property is of brick construction under a flat felt roof cover and internally has been the subject of a comprehensive tenant fit out for its current use as a medical centre by the NHS.

Further details are available from the selling agents upon request.
The property is on a Total Site Area of approximately 0.37 acres (0.15 hectares).
The property is arranged to provide a Total Net Internal Floor area of approximately 11,539 sq ft (1072 m sq) including basement.

The subject property is located in the market town of Winsford on the town's ring road (A54), at the junction of the A54 with Dene Drive.

The property is adjacent to the Winsford Cross Shopping Centre, which has been the subject of significant recent inward investment. Winsford Cross Shopping Centre dominates retailing in the town centre and is anchored by an adjoining Asda Foodstore with a strong footfall of circa 110,000 shoppers per week.

The property is in an area of the town that is considered to be strategically important by the local authority who recently acquired the Winsford Cross Shopping Centre. There are a variety of car parks close to the property together with the town's library.
The property is approached from Dene Drive, A54 and the Winsford Cross Shopping Centre.

The surrounding occupiers also include Peacocks, Nationwide, Ladbrokes, Aldi, Specsavers, Farmfoods and Wetherspoons.

In the 2011 census, Winsford had a population of 30,259, with over 195,000 people within 20 minutes' drive time.

Winsford is located in the Chester West and Chester local authority and is approximately 7 miles north of Crewe, approximately 23 miles south-west of Manchester, 30 miles south-east of Liverpool, 23 miles east of Chester and 15 miles south of Warrington.

The general surrounding area has a strong demographic profile with a high proportion of wealthy executives and pensioners.

The town benefits from good transport links being situated on the A54, with access to the M6 at Junction 18 (4 Miles).





Prominently located Medical Centre in sought after market town

Well let to Cheshire and Wirral NHS Partnership Trust

Net Initial Yield of 7.82% after allowing for purchaser's costs

Rent £109,000 pa

2.7 years unexpired

Future asset management potential

Low capital value of approximately £125 per sq ft (excluding the basement)

Total Net Internal Floor area of approximately 11,539 sq ft (1,072 m sq)
( Agency Pilot Software Ref: 45551 )

Location

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Location: INVESTMENT OPPORTUNITY*, Vale House, High Street, Winsford, Winsford, Cheshire

Winsford (1.3 miles)

Hartford (3.6 miles)

Northwich (5.0 miles)

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