25 Buttermarket Street, Warrington, Cheshire, WA1 2LY
£462.07 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
725 sq ft
67 sq m
- SECTOR
High street retail property for sale
Key features
- Commercial & Residential & Development
- Fully Income Producing
- Large Rear Car Park
- New Build Planning Approved
- Strong Commercial Tenant Covenant
- Two Studio Flats at First Floor
Description
The property is situated in a prominent Town Centre location, close to Market Gate where pedestrian flow is high.
Market Gate links the four main Town Centre streets and the 'Old Fish Market' square, where several restaurants and coffee shops are situated around two entrances into Golden Square Shopping Precinct.
Neighbouring occupiers include TSB Bank and Heron Foods and the Halifax Building Society is opposite and on the corner of Dolmans Lane, which leads directly to the new Time Square Cinema and restaurant complex.
Description
We are delighted to bring to the sale market, a well-built corner property, that was formerly a building society, which benefits from front and rear access and a large car park.
The ground floor is let to Extrastaff Limited, who offer good covenant strength and recorded annual turnovers in excess of £80 million during years 2021 and 2022.
The first floor provides 2 studio flats with separate access at the rear.
The current gross rent received from the 3 components of this property amounts to £29,000 per annum. The purchaser will benefit from this income immediately following completion.
The property benefits from full planning permission for the development of 9 no. units, application number 2021/39429.
Services
Mains electricity, water and drainage are connected.
Tenancy Information
The ground floor is let for a 5 year term from 9 October 2023, at a current rent of £17,000 per annum, on a tenants effectively full repairing and insuring basis.
The 2 studio flats are let at £500 pcm per unit.
Asking Price
£335,000.
Brochures
25 Buttermarket Street, Warrington, Cheshire, WA1 2LY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Warrington Central Station0.2 miles
- Warrington Bank Quay Station0.5 miles
- Padgate Station1.8 miles
About Morgan Williams Commercial LLP, Warrington
720 Mandarin Court Centre Park Warrington WA1 1GG
As one of the longest established and best known professional Chartered Surveyors and Commercial Estate Agents in Warrington, we take pride in offering a quality service throughout Warrington, Leigh, Cheshire, Merseyside and surrounding areas.
Morgan Williams Chartered Surveyors has built a reputation of providing quality service to a growing client base of corporate, local authority and private customers. We can advise on various aspects of commercial property. In addition to sales, le
Notes
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