Commercial Property for sale

47-51 Warrington Road, Prescot, Merseyside

From £500,000
2,050 sq. ft.

Property Description

Commercial information

  • 2,050 sq ft (190 sq m)

Full description

The property comprises a large ground floor retail convenience store, that is let to Martin McColl Limited until November 2020. The upper floors comprise 4 separate self contained flats that are let on Assured Shorthold Tenancy Agreements.

The property originally formed 3 terraced buildings that have been extended and remodeled.

The ground floor rent was last varied in 2005 to the current level of £17,000 per annum, which equates to just £8.29 psf overall. This offers scope to increase the rent at lease renewal in 2020.

We consider there is further scope to improve the rental of with the flats, that should be achieving a minimum of £400 per calendar month each.

The property offers a very attractive investment opportunity, combining a high quality covenant retailer with 4 separate flats, in this genuinely improving area.


More information from this agent

Nearest stations

  • Prescot (0.4 mi)
  • Eccleston Park (0.8 mi)
  • Whiston (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morgan Williams Commercial LLP, Warrington

720 Mandarin Court Centre Park Warrington WA1 1GG

01925 878033 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

  • Prescot (0.4 mi)
  • Eccleston Park (0.8 mi)
  • Whiston (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morgan Williams Commercial LLP, Warrington

720 Mandarin Court Centre Park Warrington WA1 1GG

01925 878033 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.

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