Extensive Experience in Retail and Leisure Sectors

For over 40 years our services have included high street and shopping centre agency, out of town retail and leisure agency, professional services including rent review, lease renewal and compulsory purchase, valuation advice, investment agency and development consultancy.

Featured Properties

On the Instruction of Co-Op

Highly Prominent Commercial Property – FOR SALE

KEY DETAILS

The property occupies a prominent and highly sought after location fronting the A56 Washway Road which connects Manchester City Centre to affluent South Manchester and Cheshire beyond. The property is situated adjacent to a popular retail parade and within an attractive residential catchment. There is customer parking for approximately 12 vehicles. The site extends to approximately 0.325 acres with 32m frontage to Washway Road.

The existing property is arranged over ground and basement floors comprising the following approximate areas:

Ground Floor

Sales Area 2,206 sq ft (205 sq m)

Storage/Staff Area 1,633 sq ft (152 sq m)

Basement

Storage 719 sq ft (67 sq m)

EXISTING LEASE

The property is sold subject to an existing lease on part of the property (trading as Sunsation) which expires 24th December 2022 and is within The 1954 Act. The passing rent is £8,500pax. Full lease details are available upon request

FORMER TOPSHOP – PRIME RETAIL PREMISES TO LET

KEY DETAILS

The property occupies a 100% prime trading position on pedestrianised Strand Street. Douglas is the Island’s main administrative centre and home to more than a third of the Islands 84,500 population. The Isle of Man government has committed circa £15M to a refurbishment of the high street and surrounding area.

Other retailers within the immediate vicinity include Marks and Spencer, Boots, Next, New Look, River Island,
JD Sports, Monsoon and TK Maxx.

The premises are arranged over ground, first and second floors providing the following approximate areas and dimensions:

Ground Floor
Sales area 3,535sqft (328.41sqm)

First Floor
Sales area 3,359 sqft (312.06sqm)
Ancillary 120 sqft (11.15sqm)

Second Floor
Stockroom 2,976sqft (276.48sqm)
Staff 426sqft (39.58sqm)

LEASE

The premises will be available on a new lease for a term to be agreed. Rental offers are invited in the region of £200,000 per annum. Turnover related provisions may be available subject to negotiation.

NOW OPEN & TRADING

KEY DETAILS

Now Open & Trading 

National and international brands including Marks & Spencer’s (50,000 sq. ft.), H&M (24,000 sq. ft.), Next (20,000 sq. ft.), Boots (14,000 sq. ft.), JD Sports (5,000 sq. ft.), River island (5,000 sq. ft.) and to Reel Cinemas for a 6 screen facility.

Leisure accommodation is available immediately below the cinema in a terrace of units and in listed buildings directly opposite the Cinema entrance which will provide smaller accommodation.

RENT

Upon application

Professional Independent Advice

Our retail and development knowledge has gained an enviable reputation for providing trusted and reliable advice on specific development led projects.

We provide guidance on joint venture partnerships or the appointment of a preferred developer, assess the commercial viability of proposals and monitor progress from inception to completion.

Cheetham & Mortimer has also proven successful in assessing the viability and vitality of urban areas to identify sustainable development opportunities and to provide guidance on the creation of development briefs.

Our Services

Versatility has always played an important role within the Retail Property Market which is why at Cheetham and Mortimer we have created a business structure focused on providing the services required to succeed in an ever changing industry. When it comes to Retail Property, we cover every base to guarantee the success of our clients.

 

 Property Agency

Our market knowledge, experience and reputation is unrivalled in the North of England.

Lease Agreement

Working seamlessly with the agency teams, the department is able to provide expert, up to date advice on values, ensuring a robust perspective from which to negotiate.

Investment

Joined up thinking and a complete picture offer our clients the confidence to make highly informed decisions in support of their investment strategy.

Development

Our understanding of the occupier market has, in turn, made us a leader in development advice.

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