Commercial investment opportunity

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

How it compares

History

• First listed on Cornerlot 11 Oct 2026.

BTG Eddisons' record

About the lot

Leasehold mixed use lot in Widnes. Producing £12,000 a year, a 7.5% gross yield at the guide.

Lot 009, Commercial Property. Commercial investment opportunity. Part income producing (£12,000 per annum). Potential for alternative uses, subject to consent. Town centre location. EPC Rating: B. A modern retail building extending to approximately 640 Sq M (6,888 Sq Ft) arranged over ground and first floor. Unit 1-3 is currently let to Point Accounting on a Tenancy at Will at a rent of £12,000 per annum, with Unit 4 being vacant. Part of the first floor area is currently in shell condition, with the opportunity to add value by completing the fit-out/conversion works. The property has frontage to South Street and Salisbury Street and is a short distance from Albert Square Shopping Centre. There is a 300-space free car park adjacent and nearby retailers include Greggs, Halifax, CEX and Morrisons. The property benefits from planning consent for subdivision of the ground floor accommodation into three commercial units and also change of use consent to convert the first floor into two flats. The property may be suitable for other alternative uses, subject to obtaining the necessary consents. Occupancy: Part Let Part Vacant. Accommodation: Unit 1-3: Ground Floor: 207 Sq M (2,228 Sq Ft) First Floor: 227 Sq M (2,443 Sq Ft) Total: 434 Sq M (4,671 Sq Ft) Unit 4: Ground Floor: 105 Sq M (1,130 Sq Ft) First Floor: 101 Sq M (1,087 Sq Ft) Total: 206 Sq M (2,217 Sq Ft) Site Area: Approximately 341 Sq M (408 Sq Yds) Tenure: Leasehold Planning: The property benefits from planning consent (25/00264/FUL) for the proposed subdivision of the ground floor commercial unit into 3 commercial units, and the insertion of two new shop fronts. In addition, under application 25/00088/PRIOR, consent for a change of use of a building falling under Use Class E into a mixed use, Class E at ground floor, and 2 flats (Class C3) at first floors has also been approved. Interested parties should consult direct with the Local Planning Authority: Halton Borough Council, Planning Department, Municipal Building, Widnes, WA8 7QF. Telephone: 0303 333 4300. Email: [email protected] Occupancy: Part Let Part Vacant General: Business Rates: The property is entered in the 2026 Rating List with the following assessments with effect from 1 April 2026: Point Accounting, Units 1-3 Salisbury Street: Offices and Premises - RV £13,500 Room 1, Units 1-3 Salisbury Street: Offices and Premises - RV £3,050 Room 3, Units 1-3 Salisbury Street: Beauty Salon and Premises - RV £3,050 Room 5, Units 1-3 Salisbury Street: Hairdressing Salon and Premises - RV £2,550 The Kitchen, Units 1-3 Salisbury Street: Kitchen and Premises - RV £3,000 Unit 4 Salisbury Street: Shop and Premises - RV £6,800 The Rateable Value (RV) is not the amount payable. Tenure: We understand the property is held leasehold by way of two 999-year leases from 1 January 1891 and 7 October 1943. Pre-auth: The pre-authorisation of the bidding deposit for this lot is £5,000. Addendum: Buyers are to note that the property is sold subject to any…