Tenanted Retail Unit plus vacant flat. Producing £9,000 pa
Not inspected but understood to briefly comprise ground floor tenanted off-licence with first floor flat which currently has no access. We are informed that the shop is let by way of a 15 year lease from 2011 at a passing rental of £9,000 pa (copy of lease can be found in legal pack). The flat is believed to comprise two rooms, kitchen, bathroom/w.c. however this is subject to verification. The ground floor of the property is let to a private individual by way of a 15 year lease from 2011 at a rental of £9,000 pa. The lease incorporates 5 yearly rent reviews, next being due 2021. The lease contains a right for the landlord to build an external staircase at anytime to facilitate separate access to the first floor flat and without compensation to the shop lease.
See Legal Pack
The property is situated in a local retail parade fronting Langdale Road, close to its junction with Hintern Road, approximately 1 mile south of Runcorn Town Centre.
Energy Efficiency Rating (EPC)
Current Rating To Follow
Halton Borough Council
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £1080 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.