We are delighted to offer for sale or rent this fabulous corner retail showroom property.
The property was constructed in 2016 to a high-end specification with quality materials and attractive brick and glazed elevations.
The property enjoys direct road frontage and has dedicated parking to the rear and both sides for up to 20 cars. There is perimeter fencing surrounding the property with vehicular gates on to Carol Street and a pedestrian gate directly from Knutsford Road.
Internally the property comprises a large open plan sales area with a mezzanine level to one end.
The property would suit a variety of retail based trades or for a showroom or office or leisure facility.
Our Client's Long Leasehold interest is available for outright purchase or an occupational lease for a term of years to be agreed. The property is available from July 2021.
The property is prominently situated on the corner of Carol Street and the A5061 Knutsford Road, immediately next door to a brand new purpose built Co-op Convenience Store.
It is situated half a mile from Warrington Town Centre and Knutsford Road leads to Latchford, Grappenhall and Lymm and to the M6/M56 Interchange, which can be reached within 3 miles.
Gross Internal Area
Ground: 313.1 m 3,370 ft
Mains electricity, water and drainage are connected.
We were unable to ascertain the Rateable Value from the Valuation Office Website, interested parties should make their own enquiries.
Lease Terms and Rental
The property is available by way of a new tenants Full Repairing and Insuring Lease, for a minimum 5 year term, direct from the Landlord at a commencing rental of £40,000 per annum plus VAT, subject to periodic upward only rent reviews.
Alternatively, our Client's Long Leasehold interest is available for outright purchase at an asking price of £450,000 plus VAT. Our Client's interest is for a 125 year term from 2016 and is subject to an annual ground rent of £10,000 per annum, which is reviewable every 10 years.
The above rental and sale price will be subject to VAT.
In the event of an outright purchase the long leasehold ground rent is not subject to VAT.
Contact: Rob Bates
( Agency Pilot Software Ref: 775 )