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Marketed by
Fennel Street - FOR SALE / TO LET Fennel Street, Warrington, WA1 2PA
Use Class
E
Rent pa
POA
Market Sector
Retail & Shopping Park
Key Features
Prominent existing retail opportunity.
Potential redevelopment opportunity.
Could suit non retail uses.
Prominent site with good parking.
Population within 15 minutes 289,366.
Available by way of a freehold disposal on a conditional / unconditional basis.
Available on a leasehold basis on terms to be agreed.
Offers in excess of £1.5m for the freehold.
Offers in excess of £150,000 pax for a new lease on a term of at least 10 years.
Description
FOR SALE / TO LET
The premises comprise a purpose built Lidl supermarket.
Vehicle access is obtained southbound off Fennel Street.
Single storey construction with tiled roof and rear servicing.
The site benefits from 88 car parking spaces.
Location
The property is located in a prominent position in central Warrington on the easterly side of Fennel Street, close to Cockhedge Green roundabout.
Fennel Street comprises part of the busy A49 which is the main arterial route linking Warrington with the M62 to The North and the M56 to The South.
Warrington has a population of 175,000 people.
The immediate surrounding area is a mixture of commercial uses with the Cockhedge Shopping Centre and Pure Gym situated on the opposite side of Fennel Street.
Farmfoods, Formula One Auto Centres and Krispy
Kreme Drive Thru are located to the immediate North
just off Manchester Road. A 60,000 sq ft Sainsburys
Supermarket is located to the immediate east, again just off Manchester Road.
Retail Warehousing in Warrington is mainly focused
on Junction Nine Retail Park (Brochure attached) off Winwick Road to the North and at Gemini Retail Park (Ikea, Boots, M&S and Next).
Riverside Retail Park is located to the south of the subject location, where retailers include B&M, Next Sports Direct and Home Bargain.
Accommodation
Financial
Rent
PROPOSAL Offers invited for the freehold on an unconditional basis or leasehold on terms to be agreed. Offers in excess of £1.5m for the freehold. Offers in excess of £150,000 pax for a new lease on a term of at least 10 years
Rates
The premises have a current rateable value of £217,000.
Tenure
Freehold / Leasehold - The site is held freehold under Title Number CH235040.
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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