Investment, Office
For Sale
£475,000

For further information or to arrange a viewing please contact Morgan Williams.

01925 414 909
[email protected]

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First Floor, Victoria House, Victoria Square, Widnes, Cheshire, WA8 6DJ

Description
The first floor comprises several offices suites, each independently occupied with a communal kitchen area and WC facilities.

The offices have been fitted out to high standard to provide a range in size of private offices and meeting rooms.

The accommodation is fully DDA compliant with two entrances to the building, one of which incorporates a passenger lift.

The space is suitable for a wide range of uses with on street parking in the surrounding area. There is potential for future residential development (Subject to Planning) should the offices ever decrease in occupancy levels.

Location
Centre Point is readily accessible off the A551 and is located at the heart of the town centre off Lugsdale Road overlooking Victoria Square within easy access of the

following :
M62 junction 7.3 miles
M56 junction 12.6 miles
Warrington 6.5 miles
Liverpool 14 miles
Chester 19 miles.
Manchester 26 miles

Accommodation
IPMS 3 - Offices
Total: 1,071.2 m 11,526 ft

Suites range from 172 ft up to 2,875 ft

Services
Mains electricity, water, gas and drainage are connected.

Rates
Each suite has its own Business Rates listing and the Tenants are responsible for their own Business Rates. Most suites within the building qualify for a Small Business Rate Relief.

Tenancy Information
Currently generating an annual income of £69,910 per annum (as at 1st April 2021).
Available on Request.

Asking Price.
Offers over £475,000.

Based on the annual income of £69,950 the asking price equates to a 14.9% Net Initial Yield taking into account purchasers costs at 4.5%.

Tenure
The property is available by way of a Long Leasehold interest.

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

For further information or to arrange a viewing please contact Morgan Williams, 01925 414909.

Josh Morgan [email protected]
Investment, Office
For Sale
£475,000

For further information or to arrange a viewing please contact Morgan Williams.

01925 414 909
[email protected]

  • View Brochure
  • Add To Shortlist
  • Send To Friend