60 Stamford New Road, Altrincham, Altrincham, Cheshire, WA14 1EE
- PROPERTY TYPE
House
- SIZE
2,665 sq ft
248 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- A rare opportunity to acquire part of a prominent mixed-use block in Manchester’s most desirable suburb.
- Freehold
- Situated in Altrincham’s highly prosperous market town
Description
The vibrant town presents an appealing mix of shopping and entertainment options, making it a hub for both residents and visitors alike. Additionally, you'll find a variety of essential service outlets nearby to meet everyday needs.
60 Stamford New Road is a 4 storey terraced building built between 1897-1908 from red stock brick which is laid in a variation of brick bonds. The roof is cladded with blue slate and has external chimneys, a brick balustrade and decorative urns. Other architectural features include a porch, terracotta detailing, terracotta Corinthian pilasters and cartouches. The building has a regular form and a symmetrical composition. The building was re-developed in 2018 creating three new commercial
units on the ground floor and 9 apartments on the upper floors.
The ground floor comprises two commercial units fronting Stamford New Road and one commercial unit at the rear which faces The Causeway. Access to all the commercial units is either from Stamford New Road or The Causeway. The occupied commercial units benefit from a standard retail fit out with the tenants taking the accommodation originally as shell and core. The vacant unit is white
boxed and ready for immediate occupation.
The contemporary apartments are accessed via a central core. Apartments 3 and 6 are identical in configuration both providing two bedrooms, one bathroom and open plan living / dining with fully integrated kitchens. Apartment 9 provides a two bedroom Penthouse duplex with a similar specification but includes one car parking space. There is a basement which was mothballed by the current owners.
The property is elected for VAT and it is anticipated that the property will be sold as a TOGC.
A service charge is in place that covers the common areas, externals and structure.
Full legal documentation can be made available to interested parties via a legal dataroom.
Our client is seeking offers in excess of £947,000 (NINE HUNDRED AND FORTY SEVEN THOUSAND POUNDS), subject to contract and exclusive of VAT. A purchase at this level reflects the following yield profile assuming standard purchasers costs of 5.39%
Residential Net Initial Yield: 6.3%
Commercial Net Initial Yield: 10.81%
Residential Revisionary Net Yield: 7.5%
Commercial Revisionary Net Yield: 11.94%
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
60 Stamford New Road, Altrincham, Altrincham, Cheshire, WA14 1EE
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About Regional Property Solutions, Cheshire
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Visit our security centre to find out moreDisclaimer - Property reference 279221-1. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.