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

LANDMARK PROPERTY SUITABLE FORRETAIL/BAR/CAFE – To Let

SITUATION

The property occupies a highly prominent gateway location at the northern end of Deansgate situated in between Manchester Cathedral and Harvey Nichols.

Directly to the front of the unit is a large paved area providing substantial external seating area that overlooks the River Irwell and the Greengate area which includes The Embankment office development as well as a number of new build high rise residential developments. Further public realm works as well as the Arena Memorial Garden are proposed for this area.

The Corn Exchange, The Printworks, Manchester Arena and Victoria Train Station are all within 3 minutes walk.

ACCOMMODATION

Ground floor net internal area    353 sqft (32.9 sqm)
Basement net internal area         353 sqft (32.9 sqm)
Gross Frontage                               52 ft (13.7 m)
Build Depth                                     9.6 ft (2.9 m)

Pluc WC

RENT

The property is available on a new 10 year full repairing and insuring lease at a commencing rent of £35,000 (thirty five thousand pounds) per annum.

TIMING

The property is undergoing repairs and will be available from January 2022.

PROPOSED NEW RETAIL/ LEISURE UNITS
SUBJECT TO PLANNING

1,000 sqft To 3,000 sqft Adjacent Proposed ALDI

KEY DETAILS

The development is to be anchored by an Aldi foodstore, along with a further 6,000 sqft retail terrace of
units and a children’s nursery of circa 6,000 sqft.

The proposed scheme to benefit from a total of 158 car parking spaces and a public square.

The retail terrace of units shown, comprise four 1,000 sqft units and a 2,000 sqft unit, with the potential to
be combined or let as individual units.

The retail terrace units could potentially suit a variety of uses such as retail, coffee outlet and hot food take
away. Adjacent to the development, Keepmoat are on site progressing with the build out of 395 new homes.

RENT

Quoting rent upon application to the joint agents.

PROPOSED NEW CHILDREN’S NURSERY PLOT

FOR SALE OR TO LET – Subject To Planning

KEY DETAILS

The development is to be anchored by an Aldi foodstore, along with a further 6,000 sqft retail terrace ofunits and the children’s nursery of approx 6,000 sqft.

The proposed scheme to benefit from a total of 158 car parking spaces and a public square.

The proposed children’s nursery will extend over 2 floors to provide a total of 6,000 sqft GIA as shown onthe Indicative Scheme Plan.

Adjacent to the development, Keepmoat are on site progressing with the build out of 395 new homes.

DISPOSAL TERMS

Our clients are looking to dispose of their freehold interest extending to approximately 0.32 acres. Purchase price upon application. Our clients will also consider turnkey or leasehold arrangement.

FORMER TOPSHOP – PRIME RETAIL PREMISES TO LET

KEY DETAILS

100% Prime Trading Position on Pedestrianised Strand Street
A Modern Purpose Built Retail Unit
Arranged over Ground, First and Second Floors
Rental Offers in the region of £200,000

LOCATION

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.

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.

ACCOMMODATION

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.

RETAIL/RESTAURANT UNIT TO LET

KEY DETAILS

Highly Prominent City Centre Location
Directly opposite the Museum of Science and Industry
5,047 sqft (469 sqm)

Vicus Building fronts Liverpool Road directly opposite the Museum of Science and Industry (MOSI). To the rear is Castlefield Bowl events space. The location is within 5 minutes walk of the numerous residential developments along Bridgewater Canal and Manchester Spinningfields.

The unit provides regular rectangular accommodation extending to 5,047 sqft (469 sqm), including its own WC’s facilities.

The premises will suit a variety of uses including retail, offices and restaurant use.

RENT

£80,000 per annum.

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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