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32 School Road, Sale, M33 7XF

From
£245,000

£271.02 per sq ft

Business rates & charges may apply

Regional Property Solutions, Cheshire
SIZE AVAILABLE

904 sq ft

84 sq m

SECTOR

High street retail property for sale

Key features

  • Ground floor Oxfam investment
  • Oxfam holding over
  • Uppers sold off 999 year Long Leasehold on a peppercorn (recoverable service charge)
  • Passing Rent £18,750 pax
  • Freehold
  • NIY 7.5%
  • Non VAT Property

Description

Sale is a popular and affluent South Manchester suburb located 5 miles south west of the city centre, with excellent road and Metrolink connections providing direct access to Manchester in around 10 minutes.

The redevelopment of Stanley Square has transformed the town centre’s retail and leisure offering, increasing footfall and enhancing Sale’s appeal as a place to live, shop, and socialise. Sale was also named one of The Sunday Times’ best places to live in 2023.

The property forms part of a terrace of mixed-use retail and residential buildings dating from the early 19th century, constructed with brick elevations beneath a pitched slate roof.

The accommodation comprises a ground floor retail unit with a traditional double-glazed shopfront, fitted to a retailer’s specification, with WC and kitchen facilities to the rear. The property also benefits from electric heating.

The property is held freehold.

The property is let to Oxfam by way of a 10 year FRI lease for a period of ten years expiring 8th April 2023. The tenant is holding over.

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

The occupier is directly responsible. The current RV is £16,250

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

32 School Road, Sale, M33 7XF

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sale Tram Stop0.2 miles
  • Dane Road Tram Stop0.5 miles
  • Brooklands Tram Stop0.6 miles

About Regional Property Solutions, Cheshire

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

Notes

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Disclaimer - Property reference 372841-1. 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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