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8-12 Old Market Place, Altrincham, WA14 4DF

£485,000

£275.41 per sq ft

Business rates & charges may apply

Regional Property Solutions, Cheshire
SIZE AVAILABLE

1,761 sq ft

164 sq m

SECTOR

Commercial property for sale

Key features

  • Two separate ground and lower ground commercial units
  • Currently generating a total income of £15,000 per annum
  • No. 12 is let for £15,000pax
  • No. 8-10 is to be sold with full vacant possession
  • ERV £35,000pax
  • Long Leasehold title available – 999 years
  • Finance Available

Description

The property features two distinct commercial units spanning the ground and basement floors, situated within a mid-terrace parade of traditional brick construction.

With modern double-glazed aluminium shop fronts, Unit 8-10 offers an open-plan layout, separate meeting room, kitchenette, individual toilets, and basement storage access.

Unit 12 comprises a main retail area with versatile back rooms for treatments and essential facilities like a kitchen and restroom.

£485,000 + VAT The property has been registered for VAT purposes and may be dealt with as a TOGC.

The property will be disposed of by way of a new 999 year long lease. Note that the sellers will retain the freehold.

No.12 is let to Hair By Ella Darcy for a term of 10 years expiring 30th September 2031 with an upwards only open market rent review at year five. Passing rent is £15,000pax with an ERV of £18,000pax.

The property is connected to electricity and water services, The utilities are paid for directly by the tenants and there are separate supplies.

Each party will be responsible for bearing their own legal costs in respect of the transaction.

The property has been registered for VAT purposes and may be dealt with as a TOGC.

In accordance with Anti-Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful purchaser.

Brochures

8-12 Old Market Place, Altrincham, WA14 4DF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Altrincham Station0.2 miles
  • Navigation Road Station0.5 miles
  • Hale Station0.7 miles

About Regional Property Solutions, Cheshire

Grosvenor House Grafton Street, Hale, Altrincham, WA14 1DU

Notes

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Disclaimer - Property reference 326641-1. 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 Regional Property Solutions, Cheshire. 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.

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