Savills | The Looking Glass, 41-43 Buttermarket Street, Warrington, WA1 2LY | Property for sale
2,431 to 9,531 sq ft(225.85 to 885.46 sq m)
Price on application

The Looking Glass, 41-43 Buttermarket StreetWarrington, WA1 2LY

  • Sold
  • Freehold

Key features

  • Freehold
  • Prominent corner position fronting Academy Street and Buttermarket Street
  • Extensive ground and first floor trading areas
  • Good specification trading area throughout
  • Large front and rear beer terraces
  • Demise includes adjoining two storey retail investment let to Chamjoe Trading Limited (T/a Cash Converters) at £15,000 pa until 31.03.23
  • The retail premises could be combined into the wider pub demise post 2023 (STP)

Prominent public house and adjoining retail investment in the centre of Warrington for sale

About this property

  • Description
    A large prominent end of terrace two-storey brick building under a multi pitched slate roof. To the front and side are two separate external beer terraces laid out to provide seating for approximately 120 customers. In addition there is a small staff car park (5 spaces) and a two storey adjoining retail unit.

    Viewings
    Interested parties are asked to undertake discreet customer visits in the first instance. No formal viewings will be permitted unless arranged through the joint selling agents CBRE and Savills.

    Under no circumstances should any direct approach be made to any of our clients staff. Offers are invited for the benefit of our clients freehold interest.

    Tenure
    Freehold

    The retail unit is let to Chamjoe Trading Limited (T/a Cash Converters) on a three year lease from 1st September 2020 at a current rent of £15,000 per
    annum. The lease benefits from a mutal landlord or tenant break throughout the term upon serving of 12 months notice in writing.

    Rateable Value & EPC
    2017 Rateable Value -
    Looking Glass: £137,000
    Retail Unit: £32,000
    EPC –
    Looking Glass: EPC in the course of preparation.
    Retail Unit: B-49

    Premises Licence
    The Looking Glass benefits from a premises licence permitting the sale of alcohol until 00:00 Sunday to Wednesday, 01:00 on Thursday and 02:00 on Friday and Saturday.

    Trading Information
    Historic trading information for the Looking Glass may be available to interested parties upon written request.

    Fixtures and Fittings & Stock
    Fixtures and fittings with the exception of all tills, IT equipment, leased and branded items for the Looking Glass can be included as part of the sale should they be required. Stock will be removed from the premises prior to completion.

Local information

  • Warrington is a large suburban town in Cheshire, which is located 20 miles east of Liverpool and 16 miles west of Manchester. The town centre is well served
  • with public transport with Warrington Bank Quay and Warrington Central providing regular train services to London, Liverpool and Manchester. The town is currently undergoing significant regeneration.
  • The Looking Glass is located by the retail core and near to a well-established drinking circuit within the town centre with a number of other strong operators within close proximity. Time Square, the town’s new leisure district which comprises a 13 screen cinema and several bar restaurant units are located close by. Warrington Central Train Station is a short walk from the property.

Available space

Floor / UnitTypeSizeStatus
Ground (Trading & ancillary)-4115 sq ftSold
1st (Trading & ancillary)-2985 sq ftSold
Unit (Retail Unit)-2431 sq ftSold