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81 Widnes Road, Widnes, WA8 6AZ

£210,000

Business rates & charges may apply

Morgan Williams Commercial LLP, Warrington
SIZE

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SECTOR

Industrial development for sale

Key features

  • Multi Occupancy
  • Corner Position
  • Town Centre Location
  • Two Retail Units & One Flat
  • 10% plus Yield ROI
  • Good Vehicular Access

Description

We are delighted to offer for sale this multi tenanted mixed use investment property, that is fully let and income producing currently.

The property comprises two ground floor commercial units and a first floor flat.

The current total gross income stream amounts to £22,200 per annum.

The front ground floor is let to an established vape shop operator and the other sections are let to private individuals.

We consider there to be a good opportunity for future rental growth.

There are wc facilities included in each lettable part.

The property is prominently situated on the corner of Widnes Road and Salisbury Street, close to the junction of Albert Road, within Widnes Retail centre.

The frontage is pedestrianised and the side and rear benefit from convenient vehicular access.

To the rear of the property is a large car park facility.

£210,000.

Mains electricity, water and drainage are connected.

Multiple Long Leasehold Titles.

In accordance with Anti-Money Laundering Regulations, two forms of Identification and confirmation of the source of funding will be required from the successful purchaser.

A purchase at the asking price represents a gross yield of more than 10.5%, before any deductions to the gross rental income are applied or purchase costs.

Ground Floor Front Shop - Vape Shop
Ground Floor Rear Shop - Florist
First Floor Flat

We are advised that the property is not applicable to VAT.

Brochures

81 Widnes Road, Widnes, WA8 6AZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Widnes Station0.8 miles
  • Hough Green Station2.0 miles
  • Runcorn Station2.0 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, lettings and investments, we offer advice on landlord and tenant matters, valuation, compulsory purchase, rating appeals and development.

Notes

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