Lot
053
Auction: October 2024 Online Auction 16/10/2024 - Bidding opens Tuesday 15th October 10:00 AM

36 & 36A Common Lane, Culcheth, Warrington, Cheshire, WA3 4HA

Property Details
Location
Auction Details
Description
A commercial investment opportunity comprising a detached two storey building and adjoining car park. The ground floor is let to a local restaurant operator at £26,000 per annum whilst the recently refurbished first floor office space is separately let at £9,540 per annum producing a total combined income of £35,540.
Location
The property fronts onto Common Lane (B5207) in the popular residential area of Culceth which is located approximately 7 miles north of Warrington. The surrounding area is mainly residential housing well served by a number of local amenities and facilities including shops, cafe's and restaurants. Manchester sits 16 miles to the east.
Accommodation

Ground FloorRestaurant, Bar Area, Kitchen, W.C.
First FloorOffices x 2, Kitchen, W.C.

Outside
Car park area
Tenancy

36 Common LaneLet on a 10 year lease dated 18.02.2022 at a rent of £500p/wk equivalent to £26,,000 per annum
36a Common LaneLet on a 5 year lease dated 15.09.2022 at a rent of £9,540 per annum
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 15TH OCTOBER AND CLOSES ON WEDNESDAY 16TH OCTOBER.

3. Energy Performance Certificate: 36 = C & 36a = D.

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