Fully Let Investment Opportunity
Summary
- Multi Occupancy
- Corner Position
- Town Centre Location
- Two Retail Units & One Flat
- 10% plus Yield ROI
- Good Vehicular Access
Location
The property is prominently situated on the corner of Widnes Road and Salisbury Street, close to the junction of Albert Road, within Widnes Retail centre.
The frontage is pedestrianised and the side and rear benefit from convenient vehicular access.
To the rear of the property is a large car park facility.
Get directions from Google Maps
Mainline Stations
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Widnes16 mins
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Hough Green38 mins
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Runcorn39 mins
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Sankey For Penketh71 mins
Underground Station
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Chesham2805 mins
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Amersham2840 mins
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Chalfont and Latimer2870 mins
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Chorleywood2905 mins
Further Information
Price £210,000
Rates Payable Upon Enquiry
Description
We are delighted to offer for sale this multi tenanted mixed use investment property, that is fully let and income producing currently.
The property comprises two ground floor commercial units and a first floor flat.
The current total gross income stream amounts to £22,200 per annum.
The front ground floor is let to an established vape shop operator and the other sections are let to private individuals.
We consider there to be a good opportunity for future rental growth.
There are wc facilities included in each lettable part.
Asking Price
£210,000.
Services
Mains electricity, water and drainage are connected.
Tenure
Multiple Long Leasehold Titles.
Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, two forms of Identification and confirmation of the source of funding will be required from the successful purchaser.
Yield
A purchase at the asking price represents a gross yield of more than 10.5%, before any deductions to the gross rental income are applied or purchase costs.
Accommodation
Ground Floor Front Shop - Vape Shop
Ground Floor Rear Shop - Florist
First Floor Flat
VAT
We are advised that the property is not applicable to VAT.
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