Commercial Property for saleWharton Road, Winsford, Cheshire
Offers in Region of £300,000
Mixed use investment opportunity consisting of GF commercial premises with A5 use and FF two bedroom residential flat. To the rear is a single storey store/workshop which could be split to provide smaller stores each with separate access. Large yard area which could suit potential development (subject to consents).
There are also three advert hoardings situated on the land. Current annual return in the region of £15,190 with a potential return of £27,190.
Ground Floor Commercial Premises - With the benefit of A5 Hot Food Use and being occupied by a takeaway. The GF is currently tenanted by way of a 15 year lease commencing on the 23.05.2011. The current rent passing is £11,440 per annum.
Sales/waiting area: 355 sq ft (33 sq m)
Kitchen area: 138 sq ft (12.873 sq m)
Preparation area: 102 sq ft (9.538 sq m)
Communal yard area to rear.
First Floor Flat - The flat is currently vacant but we have been advised that rental figures should be in the region of £500.00 per calendar month. Recently refurbished with new carpets throughout; new electric heaters; uPVC double glazing; being recently redecorated to a high standard; new fitted kitchen with integral electric oven and four ring electric hob and new vinyl flooring to kitchen.
Bedroom 1: 134 sq ft (12.468 sq m)
Carpet, electric heater, velux window, 2 x uPVC dgw, ceiling light.
Bedroom 2: 114 sq ft (10.634 sq m)
Carpet, electric heater, cupboard housing water heater, uPVC dgw, ceiling light.
Living Room: 203 sq ft (18.948 sq m)
Carpet, electric heater, 2 x uPVC dgw, spotlight track to ceiling.
Kitchen: 68 sq ft (6.384 sq m)
Range of fitted base units, integrated electric cooker with 4 ring electric hob, stainless steel sink and drainer, tiled splashback, vinyl flooring, electric heater.
New electric shower over bath, lfwc, wash hand basin, part tiled walls.
Workshop - Single storey detached workshop under a pitched roof extending to approximately 745 sq ft (69.28 sq m) GIA.
Requires some refurbishment but would suit workshop/storage uses and would lend it self well to being split into smaller units.
Advert Hoardings - Located off the B5018, a main road with a high volume of passing traffic. The hoardings are let by way of a 15 year lease with 5 years left to run. We have been informed that the rent passing is £3,750 per annum.
Land - The yard area situated to the side and rear of the workshop extends to approximately 0.04 acres and would suit potential development with/without the demolition of the existing workshop.
Services - All mains services are available subject to any reconnection which may be necessary.
Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.
Rating - GF: The Rateable Value is £3,700
Workshop: The Rateable Value is £2,000.
Advert Hoardings: The Rateable Value is £3,800.
The standard non-domestic rating multiplier is 49.3 pence in the pound. The small business non-domestic rating multiplier is 48 pence in the pound, for properties with a rateable value up to £18,000. Bjb recommend parties make their own enquiries into any further business rate relief which maybe available.
Council Tax Band 'A'.
Tenure - Freehold subject to any leases/licences that may be in place.
Viewing - Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent ST1 5BJ. Telephone 01782 212201. Opening hours are 9.00-5.30pm, Monday to Friday.
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.
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