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21Wheelock Street, Middlewich, Cheshire, CW10

£120,000

£333.33 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

360 sq ft

33 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Rental Income: £9,000 p.a.
  • Gross Initial Yield: 7.50%
  • Comprises ground floor shop t/ Vape Shop
  • VAT is applicable to this property

Description

Investment Consideration:
Purchase Price: £120,000
Gross Initial Yield: 7.50%
Rental Income: £9,000 p.a.
VAT is applicable to this property
Comprises ground floor shop t/ Vape Shop
Situated in the heart of the town centre on the south side of Wheelock Street, close to its junction with St Michael`s Way, with occupiers close by include Tesco Express, Nationwide, Lidl, Home Bargains and more.

Property Description:
Comprises double fronted ground floor shops t/a Vape Shop, providing the following accommodation and dimensions:
Shop No.21: 33.4 sq m (360 sq ft)
Open plan retail, storage, wc

Tenancy:
The property is at present let to Vapeorist (Middlewich) Ltd t/a Vape Shop for a term of 6 Years from 1st February 2020 at a current rent of £9,000 per annum and the lease contains full repairing and insuring covenants (by way of service charge). Deposit held of £750. Tenant in occupation since 2018.

Tenure:
Long Leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.

Location:
Middlewich is a prosperous market town 20 miles east of of Chester and 7 miles south of Northwich. In close proximity to the A54 which links to junction 18 of the M6 Motorway. The property is situated on the south side of Wheelock Street, close to its junction with St Michael’s Way. Occupiers close by include Tesco Express, Nationwide Building Society, NFU Mutual, Morrisons, Lidl, Home Bargains, Cancer Research UK amongst many other local traders.

Brochures

21Wheelock Street, Middlewich, Cheshire, CW10

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Winsford Station2.0 miles
  • Sandbach Station3.7 miles
  • Holmes Chapel Station4.0 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

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Disclaimer - Property reference 21wheelock. 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 Blue Alpine, London. 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.

Map data ©OpenStreetMap contributors.

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