Description
UNDER OFFER
HIGHLY PROMINENT COMMERCIAL PROPERTY TO LET / MAY SELL
KEY DETAILS
- Established Commercial Roadside Location
- Frontage to A56 Chester Road
- Arranged over Ground and First floors
- £135,000 per annum
- Class E (Retail & Leisure) Planning Consent
LOCATION
The property occupies a very prominent and highly sought after location fronting the A56 Chester Road which connects Manchester city centre to affluent south Manchester and the M60 motorway.
The property sits alongside the recently opened Lidl Supermarket, opposite which is Tesco Extra. Other significant retail developments nearby include White City Retail Park and Castlemoore Retail Park.
The property is in an established commercial roadside location with neighbours including Cazoo car dealership, Sure Store self storage and Harley Davidson dealership.
ACCOMMODATION
The property is arranged over ground and first floors and comprises the following approximate areas:
Ground Floor GIA 11,833 sqft (1,100 sqm)
First Floor 4,239 sqft (394 sqm)
The property has a frontage to Chester Road of 76 ft (23.1 m) and return frontage to Avondale Road of
163 ft (49.6 m).
There is dedicated car parking for approximately 20 vehicles and rear servicing.
LEASE
The property is available on a new full repairing and insuring lease for a term of 10 years at a commencing rent of £135,000 exclusive of VAT and business rates. There will be an upward only rent review at the fifth anniversary of the lease.
FREEHOLD
The landlord will consider selling the property with offers in excess of £1.75m required.
RATEABLE VALUE
The premises have a rateable value of £67,000. Interested parties are advised to verify this
information by the Local Rating Authority (www.voa.gov.uk).
From 1st April 2023 the rateable value will be £61,500.
EPC
The premises have an energy performance asset rating of 67 (Band C). A full copy of the EPC is available up request.