Property Type | Leisure / Retail |
Tenure | To Let |
Size | 2,046 sq ft |
Rent | £25,000 per annum |
Rates Payable | To be assessed following landlord works |
The property was formerly let to Barclays bank in its entirety. The upper floors are now 8 apartments and unit 17 is let to a hairdresser. Unit 19 is still available with 430 sq ft at ground and the remainder in the basement. The property has undergone major refurbishment with a new shopfront, stairs and lift to the basement. The landlord has also installed a small kitchenette and two toilets in the basement. Within the basement the area at the rear has natural light.
The retail and hospitality business rates relief scheme is 75% until the end of 2024/2025, for 2025,2026 the relief rate drops to 40%. This is capped per business with the cap remaining at £110,000.
Name | sq ft | sq m |
Ground | 430 | 39.95 |
Basement | 1,614 | 149.95 |
Total | 2,044 | 189.90 |
Located in the popular suburb of Sale, which has been reinvigorating with the redevelopment of Stanley Square. The property is directly opposite Rudys Pizzeria and Off the Hook Fish and Chips. Sale is an affluent popular suburb, with excellent links to the city centre and the tram stop is less than a minutes walk away.
Within Stanley Square recent additions are Sugo, Blanchflower, Oystercatcher, Green and Grounded and Petisco. Within the same parade as the subject unit is Cork of the North and Propeller Coffee and the Co-op is directly opposite.
Interested parties should make their own enquiries with the local rating authority regarding the retail and hospitality rates relief scheme. The scheme currently provides 75% relief until the end of March 2025. From 1st April 2025 this will reduce to 40%.
In accordance with AML Regulations, we are obliged to verify the identity and the source of funds for the proposed tenant / purchaser, once a letting / sale has been agreed and prior to instructing solicitors.
In accordance with AML Regulations, we are obliged to verify the identity and the source of funds for the proposed tenant / purchaser, once a letting / sale has been agreed and prior to instructing solicitors.