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31-33 High Street, Frodsham, WA6

Retail for sale

£250,000
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Total price
1271Sq Ft
Space

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.

Location

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.

Accommodation

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

Services

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.

Tenure

Freehold.

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Contact: Malcolm Morgan/Josh Morgan

Listed Features

  • General Retail
  • Multiple floors
  • High Street
  • Kitchen
  • Office
  • Refurbished
  • Meeting Room
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