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Investment for sale

15 Palmyra Square South, Warrington, WA1 1BL
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Morgan Williams Warrington
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Morgan Williams Warrington
9 Springfield St, Cheshire, Warrington WA1 1BB
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Under Offer
15 Palmyra Square South, Warrington, WA1 1BL
15 Palmyra Square South, Warrington, WA1 1BL
15 Palmyra Square South, Warrington, WA1 1BL
15 Palmyra Square South, Warrington, WA1 1BL
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£300,000
15 Palmyra Square South, Warrington, WA1 1BL

2209 sq. ft (205.22 m²)

Contact Agent Call Agent 01925 414909

Key features

  • Rare Virtual Freehold
  • Overlooking Queens Gardens
  • Tenanted Investment Opportunity
  • Fully Income Producing
  • Large Rear Garden
  • Potential for Vacant Possession
  • Conversion Potential

Description

We are delighted to offer for sale a three storey Listed mid terraced office building, with many distinguishing character features. The building provides cellular offices with a good standard of finish. WC and kitchen facilities are provided.
The main first floor office room is particularly appealing with views across Queens Gardens.
Close by is the Treasury Building, which has been tastefully converted into several ‘high end’ bars and restaurants, including San Lorenzo, Kookoo, Las Ramblas, Vandal and The Terrace, it also boasts function suites and private dining experiences.
On the assumption that vacant possession could be gained, we consider the property would be suitable for owner occupiers as offices or alternatively leisure or food and drink establishments, subject to planning, in this highly sought after location.
The current property status is Tenanted, with an established bridal wear operator business in occupancy. The current passing rent is only £18,000 per annum and there are 7 years remaining of their 10 year Lease, with an upward only rent review in April 2028.
Unit Name: g | 799 sqft |
Unit Name: 1st | 757 sqft |
Unit Name: 2nd | 286 sqft |
Unit Name: basement | 367 sqft |
Reference: 371128_sales
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Morgan Williams Warrington
Marketed by
Morgan Williams Warrington
9 Springfield St, Cheshire, Warrington WA1 1BB
Properties for sale Properties to let

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