£210,000

Property for sale

  1.  1670x1500_7-The-Downs_For-Sale_0000S_0000_Layer-294.Png
  2.  1670x1500_7-The-Downs_For-Sale_0000S_0001_Layer-292.Png
  3.  1670x1500_7-The-Downs_For-Sale_0000S_0007_Layer-286.Png
Just added
Freehold

From

£210,000

(£305.23/sq. ft)

Property for sale

7 The Downs, Altrincham WA14

688 sq. ft

Local area information

Property location

Nearby amenities

  • Bowdon Preparatory School for Girls 0.2 miles
  • North Cestrian School 0.3 miles
  • Altrincham 0.3 miles
  • Hale (Manchester) 0.4 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

  • Freehold
  • Single let to 9 7 Barber Shop Limited at £13,500pax
  • 5 year Fri lease expiring 25th June 2029
  • Open market upwards only rent review June 2028
  • Erv £15,000 pax
  • High quality curated fit out
  • Virtual Freehold
Description

The Downs is a vibrant area known for its unique blend of boutique gyms, shops, and restaurants. This prime location attracts both locals and visitors, enhancing foot traffic significantly.

With easy access to the junction of The Downs / Ashley Road and Railway Street, it offers excellent connectivity for commuters.

This property boasts a ground and basement floor retail unit, complete with a high-quality curated fit-out.

It features expansive glazed frontage and a convenient WC at the back. The dry basement provides ample storage space along with a kitchenette for added functionality.

Price

We are instructed to seek offers of £210,000 + VAT for the 999 year long leasehold interest.

Tenure

The property is held virtual freehold by way of a 999 year lease at a peppercorn.

Tenancy

The property is let to 9 7 Barber Shop Limited by way of a Fri lease for a period of five years expiring 25th June 2029. There is an opportunity to review the rent in an upwards only direction June 2028. There is a schedule of condition for the basement only.

Services

The property is connected to electricity and water services. The utilities are the direct responsibility fo the tenant.

Legal Costs

Each party to be responsible for their own legal costs.

VAT

The property has been registered for VAT therefore the transaction can be treated by way of a togc.

Aml Regulations

In accordance with Anti-Money Laundering Regulations, two forms of id and confirmation of the source of funding will be required from the successful purchaser.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - Regional Property Solutions Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Regional Property Solutions Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Greater Manchester
  4. Altrincham
  5. The Downs