Commercial Property for sale

High Street, Northwich, Cheshire

Guide Price 3,154 sq. ft. | £495,000

Property Description

Commercial information

  • 3,154 sq ft (293 sq m)
  • Use class orders: A4 Drinking Establishments

Key features

  • Impressive town centre investment
  • Producing 40,000 pa
  • 10 year lease from September 2015
  • Refurbished throughout
  • Near to new development and overlooking river

Full description

15-17 High Street, Northwich is an impressive town centre investment producing £40,000 per annum. The property has undergone extensive refurbishment and is home to Cheshire Bar & Grill let on a new 10 year lease from September 2015. Located close to the new cinema development overlooking the river.

Description - A period two storey property which has recently undergone refurbishment throughout and let to Cheshire Bar & Grill for a term of 10 years (incorporating 5 year tenants break option) at £40,000 per annum. The premises are conveniently located on the High Street close to the new cinema development with outstanding views at the rear overlooking the river.

Internally the premises have been fitted out to a high standard with a focus on the food trade. Cheshire Bar and Grill is open during the day serving meals and refreshments and in the evening as a Restaurant and Bar. The premises have an alcohol licence with permitted hours for trading being 7am to 11pm Monday to Wednesday and 7am to 1.30am Thursday to Saturday, Sunday trading hours 7 am to 10:30pm.

Location And Demographics - The property is situated on the High Street in the centre of Northwich in Cheshire. Nearby traders include Waitrose, HSBC and Spec Savers.

Northwich is a town and civil parish in the Unitary Authority of Cheshire West and Chester and the ceremonial county of Cheshire. The town is located approximately 18 miles (29 km) east of Chester and 15 miles (24 km) south of Warrington.

The A553 and A559 pass through the town and the A556 bypasses the town to the south. The nearest motorway junction is J19 of the M6 to the east of the town. The M56 can be accessed to the north of the town. Northwich railway station is located on the Mid-Cheshire line with regular services between Chester and Manchester Piccadilly.

The 2001 Census shows the population of Northwich to be 19,259. This was composed of 9,761 (50.7%) males and 9,498 (49.3%) females living in 8,253 households. 13,928 people were aged between 16 and 74 and of these 8,908 (64.0%) people were categorised as economically active; 4,268 (30.6%) were economically inactive; 455 (3.3%) were unemployed.

Accommodation - GROUND FLOOR
Bar and Restaurant: 1298 Sq ft (120.58 Sq m)
Kitchen: 344 Sq ft (31.96 Sq m)
Male, Female and Disabled WCs: 155 Sq ft (14.40 Sq m)

FIRST FLOOR
Bar and Restaurant: 1357 Sq ft (126.07 Sq m)

SECOND FLOOR STORE - accessible via retractable staircase/ladder
207 Sq ft (19.23 Sq m)*

*This area is not included in the total NIA of the building. We are unable to confirm if building regulations have been improved for this area and would recommend the purchaser makes their own enquiries.

TOTAL NIA: 3154 Sq ft (293.01 Sq m)

Services - All mains services are available subject to any reconnection which may be necessary.

Planning - Bjb recommend that potential occupiers make their own enquiries to the local authority in order to satisfy themselves that their proposed use is authorised in planning terms.

Rating - The Rateable Value is To be Reassessed. 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.

Tenure - The property is let on a FRI lease from the 17th September 2015 for a term of 10 years. The tenant has an option to break at 5 years subject to 6 months prior notice. The rent payable is £40,000 per annum subject to rent reviews on the following dates: 1st September 2018, 1st September 2021, 1st September 2024.

A copy of the lease is available to view in .pdf format and can be forwarded to bona fide interested parties via email.

Legal Costs - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.

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.

Contact - For all enquiries other than viewings please contact;

Paul Jeffries BSc(Hons)MRICS
Email : commercial@bjbmail.com

IMPORTANT NOTICE
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.


More information from this agent

Nearest stations

  • Northwich (0.8 mi)
  • Greenbank (1.0 mi)
  • Hartford (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Butters John Bee Group Limited, Stoke-On-Trent

Lakeview Festival Way, Stoke-On-Trent, ST1 5BJ

01782 955043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Northwich (0.8 mi)
  • Greenbank (1.0 mi)
  • Hartford (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Butters John Bee Group Limited, Stoke-On-Trent

Lakeview Festival Way, Stoke-On-Trent, ST1 5BJ

01782 955043 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26263860. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Butters John Bee Group Limited, Stoke-On-Trent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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