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31-33 & 31a Lovely Lane, Cheshire, WA5 1LZ

Retail for sale

£280,000
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Total price
2830Sq Ft
Space

We are pleased to offer for sale a substantially extended retail property with separately accessed tenanted flat.

The property has been owned and occupied as a carpet and flooring showroom for many years, by a local family business.

In our opinion the property offers significant development potential and could be converted into numerous separate units, most suitably 2 no. individual retail units to the front and an arrangement of separately accessed flats, subject to planning.

Currently the first floor above 31 comprises a tenanted flat with independent access from the front. The first floor above 33 could be readily converted into a flat, although a separate access will need to be created. The remaining ground floor accommodation is used for retail and storage purposes by the current owner and the extended rear section could be separated into further units, with access from the rear, subject to planning.

Location

The property is prominently positioned fronting the A574 Lovely Lane, close to the roundabout junction with the A57 Sankey Way.

Surrounding occupiers are predominantly retailers fronting Lovely Lane and there is a McColls Convenience store at the end of the opposite terrace.

Accommodation

Net Internal Area

Ground: 224.6 m 2,418 ft

First (above 33): 42.5 m 455 ft

Total: 266.9 m 2,873 ft

The first floor above 31 is the tenanted flat, the size of this has not been included in the above measurement.

Services

Mains electricity, water and drainage are connected.

Rates

Rateable Value: £15,150.

Rates Payable 2021/22: £7,559.85.

31A is subject to Council Tax payments.

Should the space above 33 be converted into a flat, this will be liable for Council Tax payments, the same as 31A.

Asking Price

£280,000.

Tenure

Long Leasehold for a term of 999 years from 2 February 1870.

VAT

We understand that the property is not elected for VAT, however, for the avoidance of doubt the above asking price is quoted exclusive off VAT.

Legal Costs

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

Contact: Rob Bates

Listed Features

  • Convenience Store
  • General Retail
  • Multiple floors
  • Outdoor Space
  • Storage
  • Carpeted
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