9 & 11 Ashley Road and 2 & 4 Oxford Road Altrincham Cheshire WA14 2DT

9 & 11 Ashley Road and 2 & 4 Oxford Road
Altrincham
Cheshire
WA14 2DT

Prominent Freehold Retail and Residential Ground Rent Investment

Shop let to MAS Optic Limited (t/a Altrincham Eyewear Boutique)
Lease expires in January 2040 (no breaks)
Includes two Flats above let on long leases
Highly visible prominent town centre corner position at the junction of Ashley Road and Oxford Road
Nearby occupiers include JD Wetherspoon, Sainsbury's, Starbucks and Vue Cinema
VAT free investment

Lot
7
Auction
16th February 2023
Rent
£25,100 per Annum Exclusive
Status
Sold
Price
£307,000
Auction Venue
Live Streamed Auction

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Prominent Freehold Retail and Residential Ground Rent Investment

Shop let to MAS Optic Limited (t/a Altrincham Eyewear Boutique)
Lease expires in January 2040 (no breaks)
Includes two Flats above let on long leases
Highly visible prominent town centre corner position at the junction of Ashley Road and Oxford Road
Nearby occupiers include JD Wetherspoon, Sainsbury's, Starbucks and Vue Cinema
VAT free investment

Lot 7
Auction 16th February 2023
Rent £25,100 per Annum Exclusive
Status Sold
Price £307,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 9 miles south-west of Manchester City Centre, 32 miles east of Liverpool
Roads: A56, M6, M56
Rail: Altrincham Train Station
Air: Manchester Airport

Situation

The property is located in a prominent corner position at the junction of Ashley Road and Oxford Road. Goose Green multi-storey car park (approx 500 spaces) is close by, as is a large Sainsbury's supermarket. Other nearby occupiers include JD Wetherspoon, Starbucks and Vue Cinema.

Tenure

Freehold.

Location

Miles: 9 miles south-west of Manchester City Centre, 32 miles east of Liverpool
Roads: A56, M6, M56
Rail: Altrincham Train Station
Air: Manchester Airport

Situation

Tenure

Freehold.

Description

The property comprises an opticians arranged on the ground floor and basement. The upper floors comprise two flats let on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D

Description

The property comprises an opticians arranged on the ground floor and basement. The upper floors comprise two flats let on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band D

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Rent Review
Ground Basement	Retail/Ancillary Ancillary	82.43 30.86	(887) (332)	MAS OPTIC LIMITED (t/a Altrincham Eyewear Boutique) (2)	20 years from 10/01/2020	£25,000	10/01/2025 and 5 yearly thereafter
First (2 & 4 Oxford Road)	Residential Flat	-	(-)	AN INDIVIDUAL	999 years from 21/10/2005	£50	-
Second (2 & 4 Oxford Road)	Residential Flat	-	(-)	AN INDIVIDUAL	999 years from 16/09/2005	£50	-
Total Commercial Area		113.29	(1,219)			£25,100

(1) Area provided by VOA (www.voa.co.uk/gov)
(2) MAS Optic Limited are an independent, boutique opticians that have over 25 years of service (www.altrinchameyewear.com)
NB: The seller has served notices on the residential tenants, pursuant to section 5B of the Landlord & Tenant Act 1987. No acceptance notices have been received from the tenants within the permitted period.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.