Commercial property for sale
17 Wheelock Street, Middlewich
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Ground Floor Retail Unit
- Let to Private Individual t/a Convenience Sore
- Seven Year Lease Expiring 19.12.2030
- 2025 Break Option Not Exercised
- Index Linked Rent Reviews
- 397 sq ft (36.9 sq m)
- Forms Part of a Popular Parade
- Investment Let at £10,474 p.a. (11.63% GIY on Guide Price)
Description
Arranged across ground floor only, the property is let to a private individual t/a Cloud Town Convenience Store on a seven year lease expiring 19.12.2030 and paying £10,473.75 per annum.
The tenant did not exercise their 2025 break option, displaying confidence in the location. The lease also includes an index linked rent review in 2027. The review is linked to RPI with a "cap and collar" of 5% and 8%.
The property forms part of a popular local parade in Middlewich fronting Wheelock Street, the principal amenity for the town. The street is characterised by a number of local and national retail/leisure occupiers including Lidl, Home Bargains and Tesco.
17 Wheelock Street, Middlewich
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
Notes
Disclaimer - Property reference 9CA5C1EC-4A83-45B2-BD6B-46A512C4782D. 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 Savills, Savills Auctions- Commercial. 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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