Office for sale in Mollington, Chester CH1

£410,000 (£228.29/sq. ft)
Office for sale 1,796 sq. ft*
Interested in this property? Call +44 1244 988997 * or Request Details

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Property features

  • A highly impressive recently converted former coach house.
  • Providing office accommodation of a modern yet characterful specification.
  • Extending in total to 1,796 sq ft (166.9 sq m).
  • Css House provides four separate spacious office rooms.
  • All office rooms are currently let and producing a gross rental of £35,200 pa

Property description

Location
The subject property is located fronting Parkgate Road (A540) and adjacent to the Mollington Banastre Hotel & Spa, approximately 2 miles north of Chester. Parkgate Road is one of the principle arterial routes from Chester to the Wirral Peninsular and also benefits from good access to the M56 and M53, both of which are within a few miles, and the link with the A494 and A55 North Wales Expressway provides good access to North Wales. The property benefits from a pleasant and rural setting with the neighbouring Mollington Banastre Hotel providing a variety of facilities.

Description
css House was originally the coach house for Mollington Hall and has recently undergone an extensive and comprehensive renovation and refurbishment and now provides an office building with accommodation to a good modern specification whilst retaining many original and attractive period features.

At ground floor level there is an impressive entrance, a particular feature of which is the original cobbled floor, exposed brickwork, arched brick entrance and timber and glazed staircase leading to the first floor. At ground floor level there are two large and spacious office rooms, one on either side of the entrance hall and at first floor level the property provides a further two large office rooms separated by a glass fronted landing area. The first floor offices have feature exposed beams and roof skylights providing a good level of natural lighting which supplements the ceiling mounted light fittings.

The offices are finished to a good modern specification and benefit from recently being carpeted with carpet tiles, decorated throughout and are heated via a gas fired central heating system.

Accommodation
The property has been measured on an ipms 3 basis in accordance with the RICS Property Measurement 2nd Edition January 2018 as follows:

Ground Floor
Room 1: 463 sq ft (43.0 sq m)
Room 2: 460 sq ft (42.7 sq m)
Kitchen: 69 sq ft (6.41 sq m)

First Floor
Room 1: 331 sq ft (30.8 sq m)
Room 2: 473 sq ft (43.9 sq m)

Total: 1,796 sq ft (166.81 sq m)

Car Parking
Included in the title for sale is a landscaped plot of land which could be suitable for parking for 4-6 vehicles. An interesting feature is that the current owner has a lease of a further 6 car parking spaces adjacent to css House from the Mollington Banastre Hotel for a term of 25 years from 3rd October 2017 at a rent of £1,000 for all 6 car parking spaces, subject to annual reviews linked to the retail price index. On completion of the sale the lease would be assigned to the purchaser at nil consideration. A copy of the lease for the car parking spaces is available upon request.

Tenure
We are advised that the property is held freehold.

Price
£410,000 exclusive.

Tenancies

Ground Floor Room 1
Let on a 3 year agreement from 26th February 2020, due to expire on 25th February 2023. The rent in Year 1 is £8,000, Year 2 is £8,500 and Year 3 is £9,000.

Ground Floor Room 2
Let on a 1 year agreement from 17th August 2020, due to expire on 16th August 2021 at an annual rental of £10,200.

First Floor Room 1
Let on a 1 year agreement from 23rd June 2020, due to expire on 22nd June 2021 at an annual rental of £7,000.

First Floor Room 2
Let on a 1 year agreement from 23rd June 2020, due to expire on 22nd June 2021 at an annual rental of £10,000.

Please note that the tenancy agreements for Ground Floor, Room 1 and First Floor Rooms 1 and 2 allow for the tenant to terminate on 3 months notice and the landlord to terminate on 6 months notice.

The above rentals are inclusive of utilities and service charge.

VAT
All figures and prices quoted are exclusive of, and liable to, VAT at the standard rate prevailing.

Business Rates
The Valuation Office Agency Website has the following current Rateable Values

Ground Floor
Room 1: £5,100
Room 2: £5,100

First Floor
Room 1: £3,600
Room 2: £5,200

Please contact the Business Rates Department directly for confirmation.

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

Energy Performance
The property has an Energy Performance Asset Rating of C63. A full copy of the Energy Performance Certificate is available upon request.

Further Information / Viewings
Please contact Jonty Goodchild of Bolton Birch.

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
Bolton Birch, CH1 on +44 1244 988997 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bolton Birch, and do not constitute property particulars. Please contact Bolton Birch 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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