£220,000
(£176.00/sq. ft)
Retail premises for salePark Road South, Newton-Le-Willows WA12
1,250 sq. ft
About this property
Dual Income Stream: Estimated £19,890 per annum (£1,657 pcm combined)
Secure Commercial Income: £875 pcm from established tenant with 5 years remainin
Strong Residential Income: £695 pcm potential from one-bedroom flat
Prime Location: Highly visible Park Road South position with excellent transport
Fully Refurbished: Both units comprehensively upgraded and ready to generate inc
Low Maintenance Investment: Modern fixtures, security systems, and no immediate
Key Investment Highlights
This dual income investment generates £19,890 per annum (£1,657.50 pcm combined) from a secure commercial tenant paying £875 pcm plus 10% service charge (total £11,550 pa) with 5 years remaining on their 6-year lease and an rpi-linked rent review in 2 years, plus strong residential income potential of £695 pcm (£8,340 pa) from the one-bedroom flat above.
The property occupies a highly visible position on Park Road South with excellent transport links including M6 J23, M62 J9, and the A580. Both units have been fully refurbished and are ready to generate income immediately, with modern fixtures, security systems, and no immediate capital expenditure required, making this an ideal low maintenance investment.
Location
This mixed-use property occupies a prominent trading position on Park Road South in the thriving residential town of Newton-le-Willows, near Warrington on the Merseyside and Cheshire borders.
The location benefits from exceptional access to major road networks including the A49, A572, A580, M6 junction 23, and M62 junction 9, making it ideal for both commercial trade and residential living.
Ground Floor Commercial Unit (600 sq ft)
Current Use: Established barbershop (tenant in situ)
Current Rent: £875 per calendar month (£10,500 per annum)
Service Charge: 10% of rent (£1,050 per annum)
Total Commercial Income: £11,550 per annum
This exceptionally well-maintained character unit provides outstanding internal business accommodation with an inviting glazed double-fronted entrance directly off Park Road South. The premises benefit from extensive display window frontage onto a high-footfall suburban commercial thoroughfare.
The spacious open-plan trading area measures 25' x 14'2" and benefits from gas central heating and double glazing throughout. Security features include a full alarm system with remotely operated security shutter. Internal facilities comprise a fitted staff kitchen/restroom area and washroom/WC facilities, with a separate external storage area. To the rear there is a private service yard with separate access for deliveries. Unrestricted customer parking is available locally, and the property currently benefits from 100% business rates relief.
The current barbershop fixtures and fittings can remain in situ at no additional cost. The unit is tenanted with 5 years remaining on the lease, with an rpi-linked rent increase due in 2 years providing additional income growth potential.
First Floor One-Bedroom Flat (650 sq ft)
Current Status: Vacant - ready for immediate let
Expected Rent: £695 per calendar month (£8,340 per annum)
This spacious one-bedroom flat offers fantastic town-centre living with all local amenities on the doorstep, including excellent transport links to the nearby train station, making it perfect for commuters.
The accommodation comprises a large ground floor reception room and a generously-sized bedroom with modern fitted wardrobes providing ample storage space. There is a separate kitchen and bathroom, with the entire flat being bright and airy throughout thanks to large windows providing abundant natural light. The property is offered unfurnished and ready for a new tenant.
Investment Summary
Address: 76 & 76a Park Road South, Newton-le-Willows, WA12 8PQ
Total Floor Area: 1,250 sq ft
Current Annual Income: £11,550 (commercial unit including service charge - secured for 5 years)
Potential Total Income: £19,890 per annum once flat is let
Asking Price: £220,000
Gross Yield: 9.04%
Tenure: Freehold
This is an ideal investment for those seeking a reliable dual-income property with an established commercial tenant providing immediate secure income and strong residential rental demand in a popular commuter location. With total income potential of £19,890 per annum delivering a 9.04% gross yield, secure commercial income locked in for 5 years with upcoming rpi increases, this represents an excellent opportunity for both income and capital growth.
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