Building home to Indian restaurant is for sale in Warrington - Warrington Guardian

A familiar Common Lane restaurant property is up for auction, offering investors a tidy income stream, though £300,000 is a sizeable starter bill.

A building home to the Indi Ayan Indian restaurant on Common Lane, Culcheth, is up for sale, giving investors the chance to buy a slice of village commercial property rather than merely another takeaway dinner.

The detached two-storey building comes with an adjoining car park, which is no small perk in Culcheth, where finding somewhere to leave the car can occasionally feel like a competitive village sport.

The ground floor is let to local restaurant operator Indi Ayan at £26,000 per year. The recently refurbished first-floor office space is separately let at £9,540 annually, producing a combined income of £35,540.

That rental return is certainly the property's strongest selling point, although the guide price of £300,000 means prospective buyers will need to do more than admire the spreadsheets. The building is due to be sold by public auction on December 4 this year.

A spokesperson for estate agents Pugh said interested parties should check the auctioneer's website for the full particulars and any addendums. More information is available by calling 01942 5595576.

The original report was written by Lois Dean, Senior Reporter. It was presented as part of an exclusive subscriber partnership with sister title USA Today and noted that it may not reflect the view of The Herald.

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