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17-19 Booths Hill Rd 1,060 SF 100% Leased Office Building Lymm WA13 0DJ $899,364 ($848.46/SF)



INVESTMENT HIGHLIGHTS
- Co-op Lease to 2030.
- Low Passing Rent.
- Prime Corner Location.
- Lorry Loading Bay to Side.
- Freehold.
- Highly Reversionary Rent.
- 5 Space Car Park Included.
- On-Street Parking Opposite.
EXECUTIVE SUMMARY
The ground floor is let to the Co-op on a Lease due to expire in 2030, they have been in occupation since 2001. The current rent payable is only £28,400 pa and this is based on the original size of 2,580 ft². This equates to just £11 psf and many comparable stores are achieving in the region of £15 psf. Most interestingly the Tenant has extended their demise twice during their tenure, firstly by 714 ft² in 2004 and subsequently by a further 640 ft² in 2013.
Plus the first floor, which is separately accessed and currently let to Coaching Culture Ltd by way of a 4 year Lease from 2024. There is a Tenant only break in May 2026. This section is used as an office, although it could easily be converted into an apartment, as and when the existing Tenant vacates. Passing rent £10,320 pa.
Plus the first floor, which is separately accessed and currently let to Coaching Culture Ltd by way of a 4 year Lease from 2024. There is a Tenant only break in May 2026. This section is used as an office, although it could easily be converted into an apartment, as and when the existing Tenant vacates. Passing rent £10,320 pa.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
1,060 SF
Building Class
B
Year Built
1960
Price
$899,364
Price Per SF
$848.46
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
353 SF
Parking
5 Spaces (4.72 Spaces per 1,000 SF Leased)
AMENITIES
- Accent Lighting
- Storage Space
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17-19 Booths Hill Rd
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