The property is a two storey end of terrace brick building with partly rendered walls, plus rear single storey offshot, with both sections having pitched roofs clad in slate and tiles. The main frontage to Garwood Street has a timber shop front with large display windows to either side of a central entrance door, and there are also large display windows to the return frontage.
Internally the accommodation is well proportioned, and has been fitted out by the tenant for use as an Opticians. On the ground floor the accommodation includes principally open plan sales accommodation, plus a partitioned consulting room and two testing rooms to the rear. The first floor comprises a variety of useful rooms which are used for office, storage and kitchen/staff purposes.
Location
Ashton in Makerfield lies approximately 5 miles south of Wigan and 7 miles north of Warrington. The town also lies roughly midway between Liverpool and Manchester, and is located close to Junction 24 of the M6 motorway with the A580 East Lancashire Road and therefore has very good road access. The town has a population of approximately 29,000 people.
The property is situated on Garswood Street at the corner of Market Approach in a very busy secondary retailing position in the centre of the town. The outdoor market is situated adjacent to the property (market days are Tuesday and Saturday), as well as the market car park which is a convenient free car park for shoppers visiting the town centre. There are a variety of local retailers situated close by, as well as a good range of national retailers on Gerrard Street which is the town’s prime retail street, and is located just to the rear of the premises. Occupiers close by include B&M Bargains, Peacocks Clothing, KFC, Ladbrokes and Co-operative
Accommodation
The property has the following net internal floor areas:-
Ground Floor
Sales including partitioned consulting room - 71.07 sq m (765 sq ft)
Testing room 1 - 10.78 sq m (116 sq ft)
Testing room 2 - 9.57 sq m (103 sq ft)
Sub total 91.42 sq m (984 sq ft)
First floor
Front staff room - 14.78 sq m (159 sq ft)
Front testing room - 14.31 sq m (154 sq ft)
Rear store room - 14.03 sq m (151 sq ft)
Kitchen - 2.97 sq m (32 sq ft)
Central storage room - 8.92 sq m (96 sq ft)
Sub total - 55 sq m (592 sq ft)
Overall floor area - 146.42 sq m (1,576 sq ft)
Terms
We are instructed to seek a price of £155,000 subject to contract which will show the purchaser a net initial return of 9.41%.
Specification
- Double fronted premises
- Prominent corner position with return frontage
- Let to Scrivens Limited
- Lease until 2025 with breaks at 2017 and 2020
- Producing £15,000 pa
- Attractive and easy to manage investment