opportunity in the strategically located town of Warrington
The property is situated in a prominent suburban location 1.5 miles east of the town centre, benefitting from a large and established residential catchment
Excellent roadside prominence fronting Thelwall Lane and in close proximity to the A50 Knutsford Road, a key arterial route connecting Warrington with the M6 motorway
The property comprises a modern retail warehouse unit extending to a total gross internal floor area of 8,692 sq ft
Fully let to two strong covenants, Pets Corner (UK) Ltd and Vets4Pets, on coterminous leases commencing 25th December 2011, expiring 14th December 2026 (c. 1.19 years unexpired)
Total current rental income of £67,641 per annum, reflecting a very low average rent of just £7.78 psf
Significant reversionary potential, with an Estimated Rental Value (ERV) of £94,910 per annum (£10.91 psf)
Large self-contained site extending to 0.35 acres with 17 customer parking spaces
