Mixed use for sale
Key information
Features and description
- To be sold under auction terms
- Mixed use commercial property
- Conversion commenced planning ref 2020/36857
- Potential income of £46,500
- Commercial unit leased for £15,000 per annum
TO BE SOLD BY ONLINE AUCTION ON 25TH/26THMARCH 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
114 Bridge Street, Bewsey and Whitecross, Warrington WA1 2RU
SUPERB Mixed-use investment opportunity. Conversion has commenced of the upper floor into three one-bedroom apartments. Planning reference 2020/36857 offering investors the potential for significant value uplift and strong future rental income.
Located on Bridge Street in the established Bewsey & Whitecross area of Warrington, the property comprises a ground floor commercial premises and upper floors with approved residential development potential.
The ground floor commercial unit is currently leased and generating £15,000 per annum, providing an immediate income for prospective purchasers from completion.
The upper floors benefit from full planning permission to convert into three self-contained one-bedroom apartments, creating an excellent opportunity to enhance the Once completed, the apartments are estimated to achieve approximately £850 per calendar month each, equating to a potential £30,600 per annum in residential income. Combined with the existing commercial lease, the property could produce a total potential income of approximately £45,600 per annum.
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