£130,000

Restaurant for sale

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Guide price

£130,000

(£95.85/sq. ft)

Restaurant for sale

Westminster Road, Ellesmere Port CH65

1,356 sq. ft

Local area information

Property location

Nearby amenities

  • Ellesmere Port 0.1 miles
  • Westminster Community Primary School 0.2 miles
  • Cambridge Road Community Primary and Nursery School 0.3 miles
  • Overpool 1.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Ellesmere Port to find out more about the local area.

Features and description

  • Freehold title
  • Ideal investment for both entrepreneurs and those seeking a live-work arrangement
  • Commercial unit previously operating as a successful "sandwich shop"
  • Two self contained one bedroom flats
  • Car park within 0.25 mile
  • Off the main high street
  • Long term tenant in both flats
  • No onward chain
Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

Ideal investment opportunity consisting one commercial unit and 2 x 1 bedroom flats, situated on ground floor and first floor.

We are delighted to present to you an exceptional opportunity to acquire a well-positioned shop unit with 2 x 1 bedroom flats located at 4 Westminster road. Previously operating as a successful sandwich shop, the lock up shop is always in high demand from local entrepreneurs looking for a location for business.

4a Westminster road - first floor - one-bedroom apartment above with a separate entrance requiring some renovation. Long term tenant in situ on. Rent 425 currently being achieved, due to length of tenancy, landlord didn't want to increase rental income, however current rental market value would place a rent of 550 pcm easily achievable.

4b Westminster road - ground floor - one-bedroom apartment with a separate entrance requiring some renovation. Currently with a long term tenant in situ, Rent 385 currently being achieved, due to length of tenancy, landlord didn't want to increase rental income, however current rental market value would place a rent of 500 pcm easily achievable.

Please note we have not inspected this property.

Location

Westminster Road is located in Ellesmere Port, a town in Cheshire, England. Situated in the heart of the town, it is a primarily residential street. The road is well-connected, with easy access to the town centre, which provides various amenities, including shops, schools, and healthcare services. Westminster Road is also near key transport links, such as the M53 motorway, which offers direct routes to Liverpool, Chester, and other major cities in the region.

Accommodation

Commercial unit that was previously a sandwich shop and 2x1 bedroom flats.

Tenure

Freehold. Title number CH316170.

Rateable Value

The current rateable value is 1,600 (1 April 2023 to present).

Sourced from voa.

Council Tax

Band A.

EPC

4: Available upon request (rating D).
4a: Available upon request (rating C).
4b: We are currently awaiting a copy of the energy performance certificate.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Cheshire
  4. Ellesmere Port
  5. Westminster Road