Retail premises for sale in 31-33, High Street, Frodsham WA6

£250,000 (£196.7/sq. ft)
Retail premises for sale 1,271 sq. ft*
Interested in this property? Call +44 1925 916968 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Two Storey High Street Premises
  • Prominent High Street Position
  • Refurbished to a High Standard
  • Separately Accessed First Floor
  • Development Land to the Rear
  • Generating £16,800 Per Annum in Rental Income

Property description

The property comprises a two-storey, tenanted, commercial building which has been refurbished to a high standard. To the rear there is a site with planning permission for a single story office (Planning Ref: 20/00089/ful).

Internally, the ground floor currently comprises a front office/retail area, with partitioned meeting rooms and WC to the middle section, and kitchen and dining/break area to the rear.

The first floor is separately accessed from a rear yard, with kitchen to the ground floor and provides two office rooms and WC.

Location
Located on High Street, close to Frodsham Village Centre, a small Cheshire market town with a population of around 9,000.

Access onto the M56 Motorway is via Junction 12 which is situated 1 mile away. The principal retail area is nearby centered around Main Street, along with Church Street and Edisbury Square, which includes a range of national and local traders.

Accommodation
Net Internal Area

Ground: 67.0 m 720 ft
First: 51.2 m 551 ft
Total: 118.2 m 1,271 ft
Planning for Office to the Rear: 74.4 m 801 ft

Services
Mains electricity, water and drainage are connected.

Rates
Rateable Value: £8,900
Rates Payable 2020/21: £4,441.10

Tenants who qualify will be able to claim Small Business Rate Relief, with no rates liability.

Tenancy Information
The ground floor is leased to two individuals from 12/10/2020 on a 5 year lease with a mutual break option at any time after the first anniversary of lease commencement, subject to 12 months prior written notice. The rent is currently £10,800 per annum and is due to increase to £12,000 per annum from 1/1/2022.

The first floor is leased on a rolling tenancy at £500 per month.

Asking Price
£250,000 for the building and development plot.

Bids would be considered for 31-33 High Street alone at £225,000 and the development plot to the rear for £40,000 if to be sold separately.

Tenure
Freehold.

Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.

Contact: Malcolm Morgan/Josh Morgan

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Morgan Williams, WA2 on +44 1925 916968 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Morgan Williams, and do not constitute property particulars. Please contact Morgan Williams for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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