3 bedroom apartment for sale

Ashley Road, Hale, Cheshire, WA14

£775,000

Property Description

Key features

  • FANTASTIC OPPORTUNITY
  • Investment Property
  • Freehold Commercial & Residential Building
  • Heart of Hale Village
  • Ground Floor Shop (let until 2019 at 29k pa)
  • Duplex Apartment
  • Approx 2693 sq ft in Total.

Full description

Investment opportunity - retail unit and self contained apartment in the heart of Hale village. This is a rare opportunity to purchase a freehold commercial and residential investment property in the very heart of Hale Village. The retail unit is currently let to a hairdressing business until 2019 and is generating a rental income of £29,000 per annum. The duplex apartment (which is arranged over the first and second floors) is currently let on an assured shorthold tenancy at £1395pcm until October 2016. The accommodation extends to approximately 2693 sq ft in total. The retail unit is open plan at ground floor and has direct access to a number of beauty and treatment rooms at lower ground floor. The apartment is accessed from the rear of the building (off Bath Place) and is arranged over the top two floors and offers around 1372 sq ft of accommodation. The property is only 100 yards from the train station and is surrounded by a number of high profile and well established local businesses.

This is a rare opportunity to purchase a freehold commercial and residential investment property in the very heart of Hale Village.

The retail unit is currently let to a hairdressing business until 2019 and is generating a rental income of £29,000 per annum. The duplex apartment (which is arranged over the first and second floors) is currently let on an assured shorthold tenancy at £1450 pcm (£17,400 per annum). The accommodation extends to approximately 2693 sq ft in total.

The retail unit is open plan at ground floor and has direct access to a number of beauty and treatment rooms at lower ground floor. The apartment is accessed from the rear of the building (off Bath Place) and is arranged over the top two floors and offers around 1372 sq ft of accommodation. The property is only 100 yards from the train station and is surrounded by a number of high profile and well established local businesses.

Location - The property is located in the heart of Hale Village and lies within 100 yards of Hale train station which provides frequent services to Chester and Manchester Piccadilly. As you approach Hale Village heading in an easterly direction via Ashley Road (from Langham Road), the property is on the left hand side and is one of the first buildings you see as you enter the Village. The surrounding buildings and retail units are occupied by a broad range of well established local businesses.

Directions - From our office (213 Ashley Road) proceed along Ashley Road passing the train station and the clock tower on the right and the property will be seen on the left hand side just after the turning into Bath Street.

Ground Floor & Lower Ground Floor Retail Unit - The ground floor consists mainly of an open plan retail unit which is currently being used as a hairdressing salon. The property has been considerably refurbished and remodelled including tiled floor, cooling units spotlights and new staircase to the lower ground floor. The lower ground floor has been fitted out with beauty facilities, sprayrooms, therapy rooms and staff room/stores.

Duplex Apartment - Access to the apartment is currently via a wrought iron spiralstaircase. The first floor includes a hallway with storage, a kitchen/dining area and a large living room extending to 406sqft(38m2). The second floor consists of three bedrooms one with en suite shower room and a separate bathroom. Both bathrooms are fitted to a high standard and include travertine tiles.
Externally there is a yard which includes an outside WC and a additional storage.

Current Lease - The ground and lower ground floor retail unit is currently let to Terence Paul Hairdressing until 29th September 2019 and generating £29,000 per annum.

The apartment is currently let under an assured shorthold tenancy. The current six month tenancy started 6th July 2014 and is generating £1450 pcm.

Tenure - Freehold. Title Number GM798001

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More information from this agent

Listing History

Added on Rightmove:
31 October 2014

Nearest stations

  • Hale (0.1 mi)
  • Altrincham (0.6 mi)
  • Navigation Road (1.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Thornley Groves, Hale

213 Ashley Road Hale Altrincham WA15 9TB

0161 468 4085 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Thornley Groves, Hale

213 Ashley Road Hale Altrincham WA15 9TB

0161 468 4085 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hale (0.1 mi)
  • Altrincham (0.6 mi)
  • Navigation Road (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thornley Groves, Hale

213 Ashley Road Hale Altrincham WA15 9TB

0161 468 4085 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference THP11904. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thornley Groves, Hale. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.