We are delighted to bring to the market an extremely rare opportunity to Lease this long established off-licence and convenience store.
The property was one of the earliest and original ''Bargain Booze'' operations, which has since become more of a convenience store with post office counter.
A new lease, direct from the Landlord, is available from April 2021 for a one off premium payment of offers over £50,000.
The property is the ground floor only and comprises double fronted open plan retails sales, together with rear stock rooms and wc facilities.
The property is fully fitted and ready for immediate trade. It benefits from tremendous potential for a similar type of business and our Client advises that previous sales turnover has been recorded around £16,000 per week.
Location
The property is prominently situated on the corner of Meadow Avenue and the A5060 Chester Road to the south of Warrington Town Centre.
Chester Road is a principle route to and from Warrington Town Centre from the south, which links with the M56 motorway and as such carries large volumes of passing traffic making this location ideal for a variety of retail trades.
Immediately to the rear of the property is a substantial well regarded residential catchment area, which will further support an incoming business.
Accommodation
Net Internal Area
Ground: 123.3 m 1,327 ft
Services
Mains electricity, water and drainage are connected.
Rates
Rateable Value: £17,000.
Payable 2020/21: £8,483.
Tenants who qualify may be able to claim Small Business Rate Relief, meaning they may have a reduced rates bill for this property.
Premium
A one off premium fee of offers over £50,000 is required to secure the new lease and fixtures and fittings.
Lease Terms
Available by way of a new tenants effectively Full Repairing and Insuring lease for a minimum 5 year term, incorporating periodic upward only rent reviews.
Rental
£18,000 per annum.
VAT
We are advised that VAT is not currently applicable to this property.
Contact: Rob Bates
Listed Features
- Convenience Store
- Effective FRI Lease
- General Retail
- Open Plan
- Office
- Storage
- Post Office
