UNITS 4&5, OTTERBURN STREET, SANDYMOOR, RUNCORN, WA7 1YN

£420,000

Size

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Tenure

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EPC

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Parking

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Primary use
Out of town retail
Frontage
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No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Parking
  • Well connected
  • Natural light
  • Open plan

Key features

  • PRIME LOCATION IN SANDYMOOR, RUNCORN
  • INVESTMENT OPPORTUNITY
  • PROMINENT FRONTAGE
  • POPULAR COMMERCIAL LOCATION
  • CURRENTLY USED FOR USE CLASS E

Description

UNITS 4&5, OTTERBURN STREET, SANDYMOOR, RUNCORN, WA7 1YN


PRIME LOCATION IN SANDYMOOR, RUNCORN
INVESTMENT OPPORTUNITY
PROMINENT FRONTAGE
POPULAR COMMERCIAL LOCATION
CURRENTLY USED FOR USE CLASS E


LOCATION
OTTERBURN STREET, SANDYMOOR DEVELOPMENT FORMS PART OF A LARGE URBAN EXTENSION TO THE EAST OF RUNCORN BEING DELIVERED BY A CONSORTIUM OF HOUSE BUILDERS INCLUDING MORRIS HOMES, DW HOMES, AND BARRATTS TOTALLING APPROXIMATELY 6,500 UNITS IN THE SURROUNDING AREAS THE LOCATION ALSO BENEFITS FROM A PROXIMITY TO NEARBY EMPLOYMENT AREAS OF MANOR PARK AND DARESBURY.


TENANCY DETAILS
OTTERBURNS LTD – 10 YEAR LEASETO BE SIGNED MAY/JUNE 2025 AT A COMMENCING RENTAL OF £32,850 FOR THE 1ST YEAR OF THE TERM.
YEAR 2 –RENTAL OF £32,850
YEAR 3 –RENT REVIEW AND BREAK CLAUSE FOR TENANT ONLY. RENTAL OF £34,000 IF TENANCY CONTINUES
YEAR 5 -RENT REVIEW AND BREAK CLAUSE FOR TENANT ONLY. RENTAL OF £35,000 IF TENANCY CONTINUES
YEAR 7 -RENT REVIEW AND BREAK CLAUSE FOR TENANT ONLY.
IF TENANCY CONTINUES, CHARTERED SURVEYOR TO SUGGEST A LEASE COST, NOT TO EXCEED MARKET VALUE
LANDLORD TO BE RESPONSIBLE FOR PAYING THE SERVICE CHARGE AND BUILDINGS INSURANCE


TENURE
LONG LEASEHOLD FOR 999 YEARS FROM 5th JANUARY 2024 AT A PEPPERCORN GROUND RENT


LEGAL COSTS
EACH PARTY IS RESPONSIBLE FOR PAYING THEIR OWN LEGAL COSTS


PRICE
£420,000 EXCLUSIVE OF VAT
Additional information
Service charge
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Business rates
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Use class
E
Listed building
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

UNITS 4&5, OTTERBURN STREET, SANDYMOOR, RUNCORN, WA7 1YN

NEAREST STATIONS

National Rail

Runcorn East Station

1.23 miles

National Rail

Sankey for Penketh Station

3.33 miles

National Rail

Runcorn Station

3.33 miles

About Read Property Associates , Warrington

Read Property Associates , Warrington

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Disclaimer - Property reference OTTERBURNS. 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 Read Property Associates , Warrington. 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.