1-7 Albert Road, Widnes, WA8 6JW For Sale

£550,000

1-7 Albert Road, Widnes WA8 6NA, UK

Description

  • Prominent Town Centre location
  • Suitable for multiple uses
  • 9.1% yield

We are delighted to offer for sale this substantial corner retail property as an investment opportunity

Location

The property is situated on Albert Road, Widnes prominently located in the town centre surrounded by National occupiers such as Greggs, Subway, Costa, Sports Direct and Marks & Spencer. Located just 0.3 miles away from the A557 which provides a direct link to the M62 connecting Liverpool and Manchester.

Rental/Tenant Information

  • Leisure Time Casino & CEX Exchange
  • Leisure Time Casino – 10 year Lease with a 5 year tenant break clause, commencing 6th May 2021 . Rental of £27,000 per annum exclusive of VAT
  • CEX Exchange – 10 year Lease, commencing 7th February 2014. Rental of £23,000 per annum exclusive of VAT.

Legal Cost
Each party will be responsible for paying their own legal costs

Tenure
Freehold

VAT
We are advised that there is no VAT payable on this transaction.

Asking Price – £550,000

£550000

Location