ADDRESS43 London Road, Stockton Heath, Warrington, Cheshire, WA4 6SG
TYPEGeneral Retail, Retail
TENURETo Let, Under Offer, For Sale Leasehold
POSTED ON21st March 2023
Description
Description
A mid-terrace retail unit arranged over two floors. An internal stair from the ground floor retail area access upper floor storage and staff accommodation.
Loading access is available via the rear where there is a yard. The property has potential to be extended.
Location The property is situated in the prime retail section of Stockton Heath Village, an affluent suburb of Warrington, 2 miles to the south of the Town centre.
Stockton Heath is a busy shopping area, where excellent local amenities are available. The Forge Shopping Centre is opposite the unit where there is a Marks and Spencer Food Hall and parking facilities for the Village.
London Road has increased in popularity with occupiers in recent times and includes independent retailers, Costa Coffee and restaurants creating a vibrant commercial area of the Village centre.
Accommodation We calculate the following areas in accordance with the RICS Property Measurement 2nd Edition, adopting IPMS 3:
Ground Floor Sales: 52.6 m 566 ft First Floor Ancillary: 36.7 m 427 ft Total: 89.33 m 993 ft
Terms The property is available by way of a new lease on tenants full repairing and insuring basis for a term to be negotiated. Alternatively, the long leasehold interest (1000 years) can be purchased.
Rent £24,500 per annum.
Sale £395,000.
Business Rates Rateable Value £22,250. Payable £11,103 (2021/22).
EPC The property has an EPC rating of D-95. A copy of the Certificate is available upon request.
VAT No VAT is payable on the rent or sale price.
Legal Costs Each party to be responsible for their own legal costs involved in the transaction.
Contact: Malcolm Morgan/Josh Morgan ( Agency Pilot Software ref: 840 )
