Description
The premises comprise a two storey commercial retail unit currently let to a Hairdresser on a six year full repairing and insuring lease from 25th October 2019 at an annual rental of £6,800 per annum. There is a rent review at the end of the third year.
Details
| Price | £90,000 ono |
|---|---|
| Category | For Sale |
| Type | Investment |
| Address | 78 Witton Street, Northwich, Cheshire, CW9 5AE view on map |
| Tenure | FREEHOLD |
| Area | 58.99 sq.m ( 635 sq.ft |
| Brochure | Download Brochure |
Cheshire
The property is located in Northwich town centre opposite Brunner Court and Public Library, in a well established trading location.
Description
Basement and WC facilities
Rooms
| Room | Area (sq m) | Area (sq ft) |
|---|---|---|
| Ground Floor Sales | 32.70 | 352 |
| First Floor Salon | 26.29 | 283 |
Rating Assessment
| Description | Value |
|---|---|
| Rateable Value | £7,600 |
| Small business rate relief will apply. |
VAT Statment
All prices and rents quoted are exclusive of vat if applicable
Legal Costs
Each party will bear their own legal costs
Other Info
Gross initial yield 7.55%Viewing Instructions
Strictly by arrangement with the sole agents.
Sean Seery
Residential / Commercial Management
E: sts@smithandsons.net
T: 0151 647 9272