Retail premises for sale in Lovely Lane, Cheshire WA5

Offers over £341,000 (£86.13/sq. ft)
Retail premises for sale 3,959 sq. ft*

Property features

  • Prominently located convenience store
  • Good car parking available on the street or behind the store on Whitecross Road
  • Let for 16.5 years to the excellent covenant Martin McColl Limited
  • Passing rent £23,885 per annum

Property description

The whole property is let to Martin McColl Limited for a term of 16.5 years from 23rd February 2016 on Fri terms and subject to 5 yearly upward only rent reviews with fixed uplifts at 2% per annum compounded throughout. The passing rent is £21,633 per annum. The vendor will top up the rent to £23,885 per annum from completion until 23rd August 2022 by way of a reduction in the purchase price.

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
Savoy Stewart, W1C on +44 20 8115 5245 * (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 Savoy Stewart, and do not constitute property particulars. Please contact Savoy Stewart 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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