7 The Downs, Altrincham, WA14 2QD

Offer in excess of

£210,000

Size

688

Tenure

Freehold

EPC

Parking

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Primary use
Other

Key features

  • Single let to 9 7 Barber Shop Limited at £13,500pax
  • 5 year FRI lease expiring 25th June 2029
  • Open market upwards only rent review June 2028
  • ERV £15,000 pax
  • High quality curated fit out
  • Virtual Freehold

Description

The Downs is a vibrant area known for its unique blend of boutique gyms, shops, and restaurants. This prime location attracts both locals and visitors, enhancing foot traffic significantly.

With easy access to the junction of The Downs / Ashley Road and Railway Street, it offers excellent connectivity for commuters.

This property boasts a ground and basement floor retail unit, complete with a high-quality curated fit-out.

It features expansive glazed frontage and a convenient WC at the back. The dry basement provides ample storage space along with a kitchenette for added functionality.

We are instructed to seek offers of £210,000 + VAT for the 999 year long leasehold interest.

The property is held virtual freehold by way of a 999 year lease at a peppercorn.

The property is let to 9 7 Barber Shop Limited by way of a FRI lease for a period of five years expiring 25th June 2029. There is an opportunity to review the rent in an upwards only direction June 2028. There is a schedule of condition for the basement only.

The property is connected to electricity and water services. The utilities are the direct responsibility fo the tenant.

Each party to be responsible for their own legal costs.

The property has been registered for VAT therefore the transaction can be treated by way of 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.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: D

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

7 The Downs, Altrincham, WA14 2QD

NEAREST STATIONS

National Rail

Altrincham Station

0.33 miles

National Rail

Hale Station

0.42 miles

National Rail

Navigation Road Station

0.86 miles

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Disclaimer - Property reference 348065-1. 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 Limited, 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.