For Sale: 3,855 Sq.ft part let two storey retail investment/development opportunity

 

Summary

  • Part let two storey retail premises in Ashton
  • Potential redevelopment opportunity
  • RV’s - £13,750 and £9,400 - SBRR available
  • 175 Let for £8,500 pax expiring 11/06/2027
  • Potential to redevelop subject to planning
  • A short drive to Manchester & the M60 motorway
  • External shared gated yard for loading/unloading
  • Opportunity to add value or redevelop the site

Location

The property is located fronting Stamford Street Central in the heart of Ashton-Under-Lyne and is a short walk to Ashton Market and the Ladysmith shopping centre. The property is a short drive to the M60 Motorway.

- M60: 1 mile.
- Manchester: 7 miles.

Get directions from Google Maps

Further Information

Price £287,500

Rates Payable Upon Enquiry


Description

The property provides two adjoining retail properties with accommodation over ground and first floors of traditional construction with brickwork elevations under a flat roof. The property benefits from a communal yard.

175 Stamford Street Central - 1,920 Sq.ft overall:-
Ground floor: 1,310 Sq.ft comprising:-
Main sales: 1,215 Sq.ft - 20’2’’ x 63’4’’.
Rear corridor: 48 Sq.ft - 4’11’’ x 9’10’’.
Kitchen: 47 Sq.ft - 8’7’’ x 5’5’’.
First floor: 610 Sq.ft comprising:-
Office: 145 Sq.ft - 10’7’’ x 13’7’’.
Office: 228 Sq.ft - 11’11’’ x 19’1’’.
Office: 168 Sq.ft - 11’5’’ x 14’8’’
Corridors: 69 Sq.ft overall.

177 Stamford Street Central - 1,935 Sq.ft overall:-
Ground floor: 898 Sq.ft comprising:-
Main sales: 690 Sq.ft - 15’1’’ x 51’5’’ less stairs.
Rear store: 208 Sq.ft - 17’6’’ x 11’10’’.
Toilet facilities.
First floor: 1,037 Sq.ft comprising:-
Secondary sales: 950 Sq.ft - 22’8’’ x 36’1’’ plus 20’7’’ x 6’4’’.
Store: 87 Sq.ft - 12’8’’ x 6’11’’.

Rateable Value

175 Stamford Street RV: £13,750.
177 Stamford Street RV: £9,400.
Small Business Rates Multiplier 2024/25: 49.9p.
Interested parties are advised to make their own enquiries with TMBC - 0161 342 2233.

Tenure

We understand that the property is Freehold.
Title Number: TBC.

Price

£287,500 SUBJECT TO CONTRACT.

VAT

All figures are quoted exclusive of Value Added Taxation. We understand that VAT is not payable at the property.

Lease Terms

175: Let for 12 years from 12th June 2015 and subject to a passing rent of £8,500 pax. Lease available from MBRE

Utilities

Mains services are available including electricity, water and drainage.

Planning

We understand the property benefits from E use.
Buyers to make their own enquiries.

Legal Costs

Each party to be responsible for the payment of their own legal costs associated with the sale.