Property photos
Just added
Offers in region of
£1,000,000
(£304.60/sq. ft)
Retail premises for sale
Ashley Road, Hale Barns WA153,283 sq. ft
Local area information
Property location
Nearby amenities
- Hale Preparatory School 0.2 miles
- Altrincham Grammar School for Boys 0.2 miles
- Hale (Manchester) 0.2 miles
- Altrincham 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Altrincham to find out more about the local area.
Features and description
Location
The property is centrally located in a prominent position on
Ashley Road in Hale village an affluent suburb of South
Manchester. Nearby occupiers include; M & S, Costa, Sainsburys and Tesco's as well as smaller retailers, bars and restaurants, estate agents, financial advisers, art galleries, and two-bedroomisan coffees shops and food shops.
Ashley Road (B5163) is the main thoroughfare through the village. Hale train station is a 2 mnute walk whist the popular destination of Altrincham is within a 2 minute drive. Manchester Airport is 6 miles from Hale an Motorway access is via the M56 at Junctions 6 & 7.
Accommodation
The property comprises a double fronted Victorian property fronting the high street. It is of traditional brick construction under a slate roof having glazed shop front to the ground floor and timber windows to the uppers.
The ground floor is currently used as a solicitors practice whilst the first floor is used as office accommodation and incorporates a fitted kitchen and Male & Female WC’s. To the second floor there is a two-bedroom flat with fitted bathroom and kitchen.
There are also extensive dry full height basements.
Tenancies
The property is let in its entirety to kmc Legal Ltd (12455702) by way of two effectively full repairing and insuring leases there are personal guarantees on both leases.. The ground floor and basement of 189 Ashley Road is let via a 10-year lease from 5th May 2023 at a rent of £27,500 per annum. There is a rent review and tenant only break clause on the 5th May 2028. The remainder is let via a 10-year lease from 17th March 2023 at a rent of £40,000 per annum. There is a rent review on 17th March 2028. There are personal guarantees for both further information is available upon request.
Estimated rental value (erv)
Having considered the comparable evidence in the area we are of the opinion that the property has an erv of £87,500 per annum excl.
The property is centrally located in a prominent position on
Ashley Road in Hale village an affluent suburb of South
Manchester. Nearby occupiers include; M & S, Costa, Sainsburys and Tesco's as well as smaller retailers, bars and restaurants, estate agents, financial advisers, art galleries, and two-bedroomisan coffees shops and food shops.
Ashley Road (B5163) is the main thoroughfare through the village. Hale train station is a 2 mnute walk whist the popular destination of Altrincham is within a 2 minute drive. Manchester Airport is 6 miles from Hale an Motorway access is via the M56 at Junctions 6 & 7.
Accommodation
The property comprises a double fronted Victorian property fronting the high street. It is of traditional brick construction under a slate roof having glazed shop front to the ground floor and timber windows to the uppers.
The ground floor is currently used as a solicitors practice whilst the first floor is used as office accommodation and incorporates a fitted kitchen and Male & Female WC’s. To the second floor there is a two-bedroom flat with fitted bathroom and kitchen.
There are also extensive dry full height basements.
Tenancies
The property is let in its entirety to kmc Legal Ltd (12455702) by way of two effectively full repairing and insuring leases there are personal guarantees on both leases.. The ground floor and basement of 189 Ashley Road is let via a 10-year lease from 5th May 2023 at a rent of £27,500 per annum. There is a rent review and tenant only break clause on the 5th May 2028. The remainder is let via a 10-year lease from 17th March 2023 at a rent of £40,000 per annum. There is a rent review on 17th March 2028. There are personal guarantees for both further information is available upon request.
Estimated rental value (erv)
Having considered the comparable evidence in the area we are of the opinion that the property has an erv of £87,500 per annum excl.
More information
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