59-61 London Rd - Storefront FOR SALE


Warrington, CHS WA4 6SG
$825,000 USD
192-541-4909
59-61 London Rd, Warrington, CHS for Sale
$825,000 USD
Storefront - FOR SALE
1/21
null | 5.88% Cap Rate

59-61 London Rd
Warrington, CHS WA4 6SG


HIGHLIGHTS

  • Prime Location
  • New 10 Year Lease
  • Progressive Tenant Profile
  • Freshly Fitted Out Retail
  • Freehold
  • Parking at Rear
  • Separate Flat Included
  • Current Rental Income £48,500

OVERVIEW

We are delighted to offer for sale this prime village centre mixed use investment property. The ground floor and first floor of 59 London Road are let to Three’s Company (Catering) Limited by way of a 10 year Lease from July 2024. There is a tenant only break clause at the end of the 5th year of the term. This Tenant is rapidly expanding across the region and they currently have 33 stores. The first floor of 61 London Road comprises a separately accessed residential tenanted flat. The property comprises a pair of adjoining terraced buildings that have been opened up at ground floor to form this most attractive double unit. Prior to the Coffee House tenure, it was home to Costa Coffee. The Coffee House fitted out and moved in during Summer 2024 and they report that the property is trading very well.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$519 USD /SF

CAP RATE

5.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

CH110389,CH221947,CH580510

ASK ABOUT THIS PROPERTY

Robert BatesMorgan Williams CommercialMore Info
192-541-4909

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Robert BatesMorgan Williams CommercialMore Info
192-541-4909

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