Houses For Sale
151 Newton Road Lowton - £495000
STATUS: For Sale
* COMMERCIAL INVESTMENT PROPERTY
* COMPRISING CAR SHOWROOM, WORKSHOPS AND GARAGE
* 3000 SQFT CAR SHOWROOM PLUS FIRST FLOOR
* CAR SHOWROOM PRESENTLY LET PRODUCING £20,000 PER ANNUM
* WORKSHOP AVAILABLE AT £15,000 PER ANNUM
* TWO LOCK UP GARAGES OCCUPIED BY LANDLORD
* FULLY LET POTENTIAL INCOME £40,000 PER ANNUM
151 Newton Road, Lowton St Marys
An investment opportunity for a commercial landlord to acquire partly let premises with possible future development potential.
The premises briefly comprise of a sales showroom which has recently been let to a hand car wash operation. This operation occupies the car showroom and forecourt. has forecourt frontage, ancillary office and toilet areas and a first floor storage area Immediately above the car showroom is unused office/storage space, presently occupied by the landlord.
Immediately to the rear of the showroom building is a detached workshop/light industrial building which is on the market for rental at £15,000 per annum.
Between the two buildings are lock up garages and then a yard area, both of which are occupied by the present owner. These areas are capable of producing further income.
Please note the present owner continues to trade from these premises and therefore any viewings must be undertaken strictly by appointment through the selling agents, Millers Commercial.
The accommodation briefly comprises:
Showroom/Forecourt approx 3000sqft showroom with storage areas
FIRST FLOOR
Former Part Storage Area Now generally unused but suitable for a possible variety of uses. This area extends to approx 2500 sqft.
Workshop Building approx 3595 sqft industrial building with 3phase electricity. On the market to rent at £15,000 per annum.
Garages and Yard Area Occupied by the existing owner but capable of being let to produce additional income.
Location The property has good main road frontage to the A572 between Leigh and Lowton. The site is rectangular in shape with good depth. The premises have been established for motor sales since approximately 1957. The property is Freehold.
Rateable Value (whole premises) : £40,000 Rates Payable 2010/2011: £16,560