1-3 Church Street, Eccles, Manchester M30 0DF

  • 2139 sq ft
Investment
£155,000

Two-Storey Commercial Premises – For Sale

Location

Prominent location in Eccles Town Centre on the corner of the pedestrianised section of Church Street and Church Road.

Eccles Railway Station is situated directly opposite. The Metro tram interchange is within a 2 minute walk of the property.

On-street parking is available in the vicinity.

Description

A two-storey commercial premises with basement, constructed of cavity brickwork under a pitched slate roof.

The ground floor and basement comprise a café to the ground floor with a fully operational function room to the basement. This area is currently tenanted.

The first floor is open plan, with WC facilities and has its own separate access. This area is vacant and The most recent use was as an office.

Accommodation

Net Internal Area

Ground     67.8 m²    730 ft²

First          65.4 m²     704 ft²

Basement  65.5 m²    705 ft²

Total          198.7 m²   2,139 ft²

Business Rates

Rateable Value

Ground Floor: £8,000

First Floor: £5,300

Rates Payable

Ground Floor: £3,840

First Floor: £2,544

Qualifying businesses will be eligible for Small Business Rates Relief. Enquiries should be made to the council to confirm eligibility.

Services

All mains services are connected.

Sale Price

£155,000

The property is elected for VAT.

Tenancy Information

The ground floor and basement are occupied by Malaga Drift Coffee Co Ltd on a 5 year lease which commenced on the 1st June 2016 at a current annual rent of £9,500 plus VAT.

The rent is due to increase to £9,975 on the 1st June 2019.

Lease Terms

The first floor is currently vacant and is available to let by way of a new Tenants Internal Repairing & Insuring Lease for a flexible term for a rental of £7,500 per annum.

Tenure

Understood to be freehold.

Legal Costs

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

Contact

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

Joshua Morgan JSMorgan@morganwilliams.com

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Contact Information:

Morgan Williams

Mobile: 01925 414909 Fax: 01925 637619

720 Mandarin Court, Centre Park, Warrington, WA1 1GG