The property comprises a two-storey, tenanted, commercial building which has been refurbished to a high standard. To the rear there is a site with planning permission for a single story office (Planning Ref: 20/00089/FUL).
Internally, the ground floor currently comprises a front office/retail area, with partitioned meeting rooms and WC to the middle section, and kitchen and dining/break area to the rear.
The first floor is separately accessed from a rear yard, with kitchen to the ground floor and provides two office rooms and WC.
Located on High Street, close to Frodsham Village Centre, a small Cheshire market town with a population of around 9,000.
Access onto the M56 Motorway is via Junction 12 which is situated 1 mile away. The principal retail area is nearby centered around Main Street, along with Church Street and Edisbury Square, which includes a range of national and local traders.
Net Internal Area
Ground: 67.0 m 720 ft
First: 51.2 m 551 ft
Total: 118.2 m 1,271 ft
Planning for Office to the Rear: 74.4 m 801 ft
Mains electricity, water and drainage are connected.
Rates
Rateable Value: £8,900
Rates Payable 2020/21: £4,441.10
Tenants who qualify will be able to claim Small Business Rate Relief, with no rates liability.
Tenancy Information
The ground floor is leased to two individuals from 12/10/2020 on a 5 year lease with a mutual break option at any time after the first anniversary of lease commencement, subject to 12 months prior written notice. The rent is currently £10,800 per annum and is due to increase to £12,000 per annum from 1/1/2022.
The first floor is leased on a rolling tenancy at £500 per month.
Asking Price
£250,000 for the building and development plot.
Bids would be considered for 31-33 High Street alone at £225,000 and the development plot to the rear for £40,000 if to be sold separately.
Freehold.
Each party to be responsible for their own legal costs incurred in this transaction.
Contact: Malcolm Morgan/Josh Morgan