14-16 Lindi Avenue, Grappenhall, Warrington, WA4 2SJ
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- 8.5% Gross Yield
- 6 Separate Units
- Current Rent £55,680 PA
- South Warrington Location
- Highly Sought After Area
- Potential to Extend at Rear
- Includes Car Parking
- 5 Flats & 1 Retail
Description
The flats are currently let on Assured Shorthold Tenancy Agreements. The ground floor retail unit is let as a hair salon.
This is an excellent opportunity for an investor to acquire a property in an affluent south Warrington location with established tenants.
The property is situated on Lindi Avenue, just off the A55 Chester Road, Grappenhall.
Grappenhall is a popular south Warrington location, 2 miles from the M6/M56 Motorway interchange.
Surrounding property is good quality residential, comprising mainly semi-detached family homes.
Freehold.
14 Lindi Avenue: Lounge/kitchen, bedroom and bathroom.
14a Lindi Avenue : Lounge/kitchen, hallway, bedroom and shower room.
14b Lindi Avenue: Lounge, bedroom, kitchen, bathroom.
16 Lindi Avenue: Shop, kitchen area, wc.
16a Lindi Avenue: Lounge/kitchen, bedroom and bathroom.
16b Lindi Avenue: Hallway, lounge/kitchen, bedroom and shower room.
£650,000.
Currently £55,680 per annum.
The gross rental income provides an all risks gross yield of just 8.5%.
We understand that VAT is not applicable to the above sale price.
- Service charge
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
14-16 Lindi Avenue, Grappenhall, Warrington, WA4 2SJ
About Morgan Williams Commercial LLP, Warrington
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.
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Disclaimer - Property reference 348241-1. 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 Morgan Williams Commercial LLP, 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.