Malham Court, 443 Warrington Road, Culcheth, Warrington WA3 5SJ
2,139 Sq Ft
£340,000
- Type: Investment
- Availability: Sold STC
Situation
The property is situated set back from Warrington Road in the centre of this affluent Cheshire village.
Other occupiers nearby include Sainsburys, Ashtons Estate Agents, Miller Metcalfe Estate Agents, Atlas Interiors and Culcheth Hair Company.
Description
The property is a purpose built 2 storey building constructed of brick walls under a pitched tile covered roof with a car park to the rear. Details of the floor
areas are on the attached Tenancy Schedule.
Tenancy
As outlined on the Tenancy Schedule.
Potential
All Tenancies are "holding over" and consequently there is opportunity for active estate management to improve income/capital value.
Solar Panels
This is subject to an agreement with E-On Energy Solutions Ltd from 30th August 2011, expiring 29th August 2036.
It currently produces £1,788 pa subject to annual RPI increases. It is excluded from the sale but may be available by separate negotiation.
Tenure Comments
The property is freehold.
Price
£340,000 equating to a Gross Initial Yield 8%
Inspection
Faye Pattenden
01606 351351
Agency@fifieldglyn.com
The property is situated set back from Warrington Road in the centre of this affluent Cheshire village.
Other occupiers nearby include Sainsburys, Ashtons Estate Agents, Miller Metcalfe Estate Agents, Atlas Interiors and Culcheth Hair Company.
Description
The property is a purpose built 2 storey building constructed of brick walls under a pitched tile covered roof with a car park to the rear. Details of the floor
areas are on the attached Tenancy Schedule.
Tenancy
As outlined on the Tenancy Schedule.
Potential
All Tenancies are "holding over" and consequently there is opportunity for active estate management to improve income/capital value.
Solar Panels
This is subject to an agreement with E-On Energy Solutions Ltd from 30th August 2011, expiring 29th August 2036.
It currently produces £1,788 pa subject to annual RPI increases. It is excluded from the sale but may be available by separate negotiation.
Tenure Comments
The property is freehold.
Price
£340,000 equating to a Gross Initial Yield 8%
Inspection
Faye Pattenden
01606 351351
Agency@fifieldglyn.com