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Warrington Collegiate 10 Museum St 9,545 SF 100% Leased Office Building Warrington WA1 1HU $899,707 ($94.26/SF)
Investment Highlights
- Situated along Museum Street
- Within 2 minutes walking distance of Warrington University
- In the heart of Warrington Town
Executive Summary
Opportunity to acquire a 42 unit serviced apartment development scheme, that is part conversion of the existing landmark former Collegiate building, together with an attached new build section to the rear. The property previously benefited from Full Planning Approval for 18 self contained residential units, that included 9 two bed and 9 one bedroom apartments and duplexes. This consent has now expired, although should be capable of being reinstated. Currently Full Planning has been approved for 42 serviced apartments (Class C1), details are available upon request or they can be viewed on Warrington Borough Council's website under planning reference 2023/01198/FULM. The property is locally listed and situated within a Conservation area, this means that the development will need to be sympathetic and in-keeping.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
9,545 SF
Building Class
C
Year Built
1802
Price
$899,707
Price Per SF
$94.26
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
5,237 SF
Parking
4 Spaces (0.41 Spaces per 1,000 SF Leased)
Amenities
- Energy Performance Rating - B
- Basement
- Central Heating
- Drop Ceiling
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Warrington Collegiate | 10 Museum St
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