Units 4&5, Otterburn Street, Sandymoor, Runcorn, WA7 1YN
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Cafe for sale
- USE CLASSUse class orders: Class E
E
Key features
- PRIME LOCATION IN SANDYMOOR, RUNCORN
- INVESTMENT OPPORTUNITY
- PROMINENT FRONTAGE
- POPULAR COMMERCIAL LOCATION
- CURRENTLY USED FOR USE CLASS E
Description
PRIME LOCATION IN SANDYMOOR, RUNCORN
INVESTMENT OPPORTUNITY
PROMINENT FRONTAGE
POPULAR COMMERCIAL LOCATION
CURRENTLY USED FOR USE CLASS E
LOCATION
OTTERBURNSTREET, SANDYMOOR DEVELOPMENT FORMS PART OF A LARGE URBAN EXTENSION TO THE EAST OF RUNCORN BEING DELIVERED BY A CONSORTIUM OF HOUSE BUILDERS INCLUDING MORRIS HOMES, DW HOMES, AND BARRATTS TOTALLING APPROXIMATELY 6,500 UNITS IN THE SURROUNDING AREAS THE LOCATION ALSO BENEFITS FROM A PROXIMITY TO NEARBY EMPLOYMENT AREAS OF MANOR PARK AND DARESBURY.
TENANCY DETAILS
OTTERBURNS LTD -10 YEAR LEASETO BE SIGNED MAY/JUNE 2025 AT A COMMENCING RENTAL OF £32,850 FOR THE 1ST YEAR OF THE TERM.
YEAR 2 -RENTAL OF £32,850
YEAR 3 -RENT REVIEW AND BREAK CLAUSE FOR TENANT ONLY. RENTAL OF £34,000 IF TENANCY CONTINUES
YEAR 5 -RENT REVIEW AND BREAK CLAUSE FOR TENANT ONLY. RENTAL OF £35,000 IF TENANCY CONTINUES
YEAR 7 -RENT REVIEW AND BREAK CLAUSE FOR TENANT ONLY. IF TENANCY CONTINUES, CHARTERED SURVEYOR TO SUGGEST A LEASE COST, NOT TO EXCEED MARKET VALUE
LANDLORD TO BE RESPONSIBLE FOR PAYING THE SERVICE CHARGE AND BUILDINGS INSURANCE
TENURE
LONG LEASEHOLD FOR 999 YEARS FROM 5th JANUARY 2024 AT A PEPPERCORN GROUND RENT
LEGAL COSTS
EACH PARTY IS RESPONSIBLE FOR PAYING THEIR OWN LEGAL COSTS
PRICE
£475,000 EXCLUSIVE OF VAT
Brochures
Units 4&5, Otterburn Street, Sandymoor, Runcorn, WA7 1YN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Runcorn East Station1.2 miles
- Runcorn Station3.3 miles
- Sankey for Penketh Station3.3 miles
About Read Property Associates, Warrington
Suite 1, Oak Tree Barn, Hatton Lane, Stretton, Warrington, WA4 4BXNotes
Disclaimer - Property reference UNIT4-5OTTERBURN. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Read Property Associates, Warrington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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