Location
The property is situated on King Edward Street, which connects Padgate Lane with the A57 Manchester Road. The A57 links Warrington Town Centre to the M6 Motorway.
The surrounding area is predominantly in residential use with commercial property along Manchester Road, including a Tesco Express convenience store and Padgate Lane with its busy and popular retail units.
Description
The property comprises a large corner building with service road to one side. It is separated into ground floor shop first floor large flat and detached garage.
The property is let to 3 separate tenants with dog grooming salon to the ground floor, residential to the first floor and garage/storage.
The current total gross rental income received amounts to £16,000 per annum, with £10,500 coming from the ground floor, £4,500 coming from first floor and £1,000 from the garage.
Tenancy Information
Ground floor: 10 year Lease from 2015.
First floor: Assured Shorthold Tenancy Agreement from 2020.
Garage: Licence from 2018.
Services
Mains electricity, water and drainage are connected.
Rental
Tenure Comments
Long Leasehold ( Agency Pilot Software ref: 918 )
