Windsor Court, 103 King Street, Knutsford, WA16 6EQ
Size
3,145
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Located in the centre of Knutsford
- Income secured by two retail tenants
- Reversionary Yield 12.8%
- Current £66,600 pa possibly going to £105,330 pa
Description
The property comprises a four-storey semi detached building constructed in the early 20th Century. The retail space is located on the ground and lower ground floors with the offices occupying the first and second floors. They are accessed via a separate entrance at the rear. The offices have recently been refurbished and provide small managed offices suites for 1-3 individuals. There is a communal kitchen and wc facilities. The offices are let on an all-inclusive basis.
Location
The offices are located in the centre of Knutsford on King Street/Argyll Court close to Piccolino, Natwest Bank, Gustos and Waterstones.
Pricing
We are seeking OIRO of £780,000. A purchase at this price reflects a Nett Initial Yield of 8.10 % and a reversionary yield of 12.81% allowing for purchasers costs of 5.52%.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, in the event of a sale, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.
VAT
The property is elected for VAT and therefore VAT will be payable on the purchase price. It is anticipated that the transaction will be dealt with
as a Transfer of a Going Concern (TOGC)
- 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.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Brochure
Windsor Court, 103 King Street, Knutsford, WA16 6EQ
About WILLSILL LIMITED, Cheshire
Williams Commercial is a leading independent firm of commercial property consultants specialising in sales and lettings, property development, investment and acquisition.
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Disclaimer - Property reference 348564-1. 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 WILLSILL LIMITED, Cheshire. 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.