RETAIL UNIT FOR SALE
Mixed Use Investment Centre of Affluent Village of Alderley Edge
MIXED INVESTMENT UNIT RETAILUSE - 2,165 Sq Ft
FOR SALE
Prominent Retail Showroom Unit with Residential on 1st and 2nd Floors 4.46% NIY
5a LONDON RD, ALDERLEY EDGE, SK9 7JT
LOCATION Sited in a prominent position on the A34, London Road; being the main thoroughfare of Alderley Edge village. Located approximately a third of a mile from the Wilmslow to Handforth bypass, which provides access to the M60, approximately eight miles distant. In addition to this, the village also has a train station and is well located for Manchester Airport approximately four miles distant. Local amenities include, bars, restaurants and shops which include Tesco, Waitrose, Nero, Gusto, Alchemist, The Botanist and Costa Coffee
DESCRIPTION The property comprises a ground floor and basement retail premises with a two bedroom residential property above.
TENANCY Ground Floor and Basement Let to Anthony John Hulme t/a Running Bear 6 year lease from 6th April 2011 – Rent £18,000 pax 1st and 2nd Floor Let on a 6 month AST – Rent £7,800 pax Total Rental Income - £25,800 pax
RETAIL FLOOR AREAS (NIA) Ground Floor 485 sq ft Basement 553 sq ft Total 1,038 sq ft
45.06 m2 51.38 m2 96.44 m2
TERMS We are instructed to seek £550,000 (Five hundred and fifty thousand pounds) for the Freehold interest. A purchase at this level reflects a net initial yield of approximately 4.46% after allowing for normal purchasers costs of 4.94%. LEGAL COSTS Each party will be responsible for their own legal costs. VAT All prices and rents are exclusive of, but may be liable to VAT. EPC EPC rating – F - Certificate available upon request VIEWINGS Strictly by appointment with sole agents Hallams Property Consultants. Messers. Hallams Property Consultants LLP for themselves and for the vendors of this property whose agents they are, give notice that: (1) These particulars do not constitute,nor constitute any part of, and offer or contract. (2) All statements contained in these particulars as to this property are made without responsibility on the part of Messers. Hallams Property Consultants LLP or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give, and neither Messers. Hallams Property Consultants LLP nor any person in their employment has any authority to make or give, any sepresentation or warranty whatever in relation to this property
Mixed Use Investment Centre of Affluent Village of Alderley Edge
MIXED INVESTMENT UNIT RETAILUSE - 2,165 Sq Ft
FOR SALE
Prominent Retail Showroom Unit with Residential on 1st and 2nd Floors 4.46% NIY
5a LONDON RD, ALDERLEY EDGE, SK9 7JT
LOCATION Sited in a prominent position on the A34, London Road; being the main thoroughfare of Alderley Edge village. Located approximately a third of a mile from the Wilmslow to Handforth bypass, which provides access to the M60, approximately eight miles distant. In addition to this, the village also has a train station and is well located for Manchester Airport approximately four miles distant. Local amenities include, bars, restaurants and shops which include Tesco, Waitrose, Nero, Gusto, Alchemist, The Botanist and Costa Coffee
DESCRIPTION The property comprises a ground floor and basement retail premises with a two bedroom residential property above.
TENANCY Ground Floor and Basement Let to Anthony John Hulme t/a Running Bear 6 year lease from 6th April 2011 – Rent £18,000 pax 1st and 2nd Floor Let on a 6 month AST – Rent £7,800 pax Total Rental Income - £25,800 pax
RETAIL FLOOR AREAS (NIA) Ground Floor 485 sq ft Basement 553 sq ft Total 1,038 sq ft
45.06 m2 51.38 m2 96.44 m2
TERMS We are instructed to seek £550,000 (Five hundred and fifty thousand pounds) for the Freehold interest. A purchase at this level reflects a net initial yield of approximately 4.46% after allowing for normal purchasers costs of 4.94%. LEGAL COSTS Each party will be responsible for their own legal costs. VAT All prices and rents are exclusive of, but may be liable to VAT. EPC EPC rating – F - Certificate available upon request VIEWINGS Strictly by appointment with sole agents Hallams Property Consultants. Messers. Hallams Property Consultants LLP for themselves and for the vendors of this property whose agents they are, give notice that: (1) These particulars do not constitute,nor constitute any part of, and offer or contract. (2) All statements contained in these particulars as to this property are made without responsibility on the part of Messers. Hallams Property Consultants LLP or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give, and neither Messers. Hallams Property Consultants LLP nor any person in their employment has any authority to make or give, any sepresentation or warranty whatever in relation to this property
