Description

A high yielding commercial investment situated in a prominent main road position within a couple of minutes walk of the main shopping centre of Ellesmere Port town centre. This substantial property comprises a ground floor commercial unit suitable either for retail or office purposes together with two self-contained flats. It is within 5 minutes drive of the M53 motorway, and easy reach of the Cheshire Oaks Outlet village. There is a major retail park to the rear where a number of national retailers are represented. The ground floor unit has been refurbished with gas central heating and modern kitchen and sanitary fittings and is ready for immediate occupation. Whilst we have been unable to inspect the flats we are advised that both are let on assured shorthold agreements and have central heating, UPVC double glazed windows and modern kitchen and bathroom fittings.

Details

Auction Date 02nd May 2019
Lot Number 20
Guide Price £75,000 to £95,000
Status Sold
Sale Price £85,000
Lot Type Commercial Investment
Address 55 Whitby Road, Ellesmere Port, CH65 8AB view on map
Tenure Freehold
Joint agents Wild Commercial Property
Viewings By arrangement with the auctioneers

Location

Accommodation

Ground Floor Front sales / office, 32.4 sqm (348 sqft), two private offices totalling 26.4 sqm (285 sqft) disabled W/C with central heating boiler, kitchen with base units 14.4 sqm (155 sqft) separate WC.
First Floor Two self-contained flats each comprising bedroom, living room, kitchen and bathroom.
Externally There is car parking for 2 vehicles to the rear of the property.
Tenancy Each of the flats are let on an assured shorthold agreement at a rental of £400pcm producing a total income of £9,600pa. When fully let there will be an income of approximately £16,000pa.
Rateable Value The rateable value of the property is £6,400.

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