Report a Fault The Commons, Sandbach, Cheshire CW11 1EG
2,594 Sq Ft
£575,000
- Type: Investment
- Availability: For Sale
For Sale: The property is situated in an extremely prominent position in the middle of this affluent market town. Occupiers in the nearby vicinity include the Market, Morrisons, Well Pharmacy, main car parks.
Comprising of 2,594 sq.ft/241 sq.m the property is arranged over 2 storeys constructed of brick walls under a mansard tiled roof. It was originally constructed in the early 1990’s.
Income: £45,200 pa.
Based on the Rateable Values both Tenancies would appear to be reversionary The First Floor Tenant is “holding over” and consequently there is an opportunity for active estate management.
Solar Panels: This is subject two agreements with E-On Energy Solutions Ltd from 8th December 2012, expiring 7th December 2036. It currently produces £2,920 pa subject to annual RPI increases. It Is excluded from the sale but may be available by separate negotiation.
Tenure: Freehold
Sale Price: £575,000 equating to a Gross Initial Yield just under 8%.
Contact lucy.warriner@fifieldglyn.com for an inspection.
Comprising of 2,594 sq.ft/241 sq.m the property is arranged over 2 storeys constructed of brick walls under a mansard tiled roof. It was originally constructed in the early 1990’s.
Income: £45,200 pa.
Based on the Rateable Values both Tenancies would appear to be reversionary The First Floor Tenant is “holding over” and consequently there is an opportunity for active estate management.
Solar Panels: This is subject two agreements with E-On Energy Solutions Ltd from 8th December 2012, expiring 7th December 2036. It currently produces £2,920 pa subject to annual RPI increases. It Is excluded from the sale but may be available by separate negotiation.
Tenure: Freehold
Sale Price: £575,000 equating to a Gross Initial Yield just under 8%.
Contact lucy.warriner@fifieldglyn.com for an inspection.
