Available
Middlewich – Takeaway & Flat
80 Wheelock Street, Middlewich, Cheshire CW10 9AEFreehold Takeaway & Residential Investment
Price
OIEO £200,000
Rent P.A.
£12,600
Yield
6.30%
Tenure
Freehold
Lease Term
20 Years
Years Left on Lease
11y 2m
Area
1,215 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Let until 2036. No breaks. Open market rent reviews in 2026,2030 and 2034
- Comprises ground floor takeaway with internally accessed residential flat above
- Situated in the heart of the town centre with occupiers nearby including Lidl, Morrisons Superstore, Tesco Express, Nationwide, pharmacy and more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises ground floor takeaway shop with internally accessed residential flat at first and second floor, providing the following accommodation and dimensions:
Ground Floor: 50 sq m (538 sq ft)
Takeaway, Rear Kitchen, Storage
First Floor: 35 sq m (376 sq ft)
2 Rooms, Bathroom
Second Floor: 28 sq m (301 sq ft)
2 Rooms
Total area size: 113 sq m (1,215 sq ft)
Ground Floor: 50 sq m (538 sq ft)
Takeaway, Rear Kitchen, Storage
First Floor: 35 sq m (376 sq ft)
2 Rooms, Bathroom
Second Floor: 28 sq m (301 sq ft)
2 Rooms
Total area size: 113 sq m (1,215 sq ft)
Tenancy Description
The property is at present let to an Individual for a term of 20 years from 19th January 2016 at a current rent of £12,600 p.a. and the lease contains full repairing and insuring covenants. Open market rent reviews on 18th January 2026, 2030 and 2034. No breaks.
Tenancies & Accommodation
Location Description
Middlewich is a popular market town 19 miles east of Chester, 5 miles North West of Sand Bach and approximately 37 miles south of Manchester City Centre. The property is located on the north side of Wheelock Street, the main shopping high street in Middlewich, with occupiers nearby including Lidl, Morrisons Superstore, Tesco Express, Nationwide, pharmacy and more.
