716-718 Knutsford Road, Warrington, Cheshire WA4 1JY

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Sold for

£204,000

Additional Costs / Fees will apply

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Property Details

Location

Auction Details

Description

A mixed commercial and residential investment opportunity comprising a two storey building currently configured as a ground floor retail unit and spacious two bedroom flat above. The ground floor is currently let at an annual rent equivalent to £10,000 whilst the first floor flat is vacant. We understand the ground floor tenant sub lets part of the retail space.

Location

The property fronts onto Knutsford Road (A5061) in a prominent position within the village of Latchford, 1 mile south east of Warrington. The immediate surrounding properties include a mix of residential and commercial including a local post office and a number of independent businesses.

Accommodation

Ground Floor:	Not inspected
First Floor (Flat):	Ground floor entrance with stairs leading to accommodation: Kitchen, Living Room, Two Bedrooms, Bathroom, Store

Approx Site Area

Approximately 195 Sq m (233 sq yds).

Tenure

Unknown

Planning

Interested parties should consult direct with the Local Planning Office, Warrington Borough Council, Town Hall, Sankey Street, Warrington, WA1 1UH. Tel: 01925 444400, Fax: 01925 442138.

Tenancy

The ground floor is let to Ultrasound North West on a 5 year FRI lease dated 30th Jan 2020 at a current rent of £10,000. We understand the tenant sub lets part of the ground floor.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND MARCH AND CLOSES ON WEDNESDAY 23RD MARCH.

3. Energy Performance Certificate = D.

4. The property is held on a 999 year leasehold title dated 25th May 1960

Addendum

First floor will be sold with vacant possession and not tenanted as previously stated. The ground floor comprises 1 retail unit not 2 units as previously stated. We understand the ground floor occupier sublets part of the space. The property is held on a 999 year leasehold title dated 25th May 1960