222 Moss Lane Bramhall Cheshire SK7 1BD

222 Moss Lane
Bramhall
Cheshire
SK7 1BD

Freehold Restaurant and Residential Investment

Restaurant let on a renewed 10 year lease until February 2024 (no breaks)
Includes a two bedroom self-contained residential flat on upper floor (with vacant possession)
Nearby occupiers include Boots, Pizza Express, Piccolino, Superdrug and Costa
Affluent Cheshire suburb

Lot
48
Auction
9th July 2014
Rent
£30,000 per Annum Exclusive
Status
Sold
Price
£422,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

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Freehold Restaurant and Residential Investment

Restaurant let on a renewed 10 year lease until February 2024 (no breaks)
Includes a two bedroom self-contained residential flat on upper floor (with vacant possession)
Nearby occupiers include Boots, Pizza Express, Piccolino, Superdrug and Costa
Affluent Cheshire suburb

Lot 48
Auction 9th July 2014
Rent £30,000 per Annum Exclusive
Status Sold
Price £422,000
Sector
Leisure
Auction Venue
The Millennium Hotel
44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 7 miles north-east of Alderley Edge, 10 miles south of Manchester
Roads: A5102, A34, A6, M60
Rail: Bramhall Rail Station (23 minutes direct to Manchester Piccadilly)
Air: Manchester Airport

Situation

Bramhall is located in the affluent commuter belt of Manchester some 10 miles south of the City Centre. The property is situated in a prominent position on the south side of Moss Lane close to its junction with Woodford Road and Ack Lane East. Nearby occupiers include Boots, Pizza Express, Piccolino, Superdrug and Costa. The Bramhall Shopping Centre is located closeby.

Tenure

Freehold.

Location

Miles: 7 miles north-east of Alderley Edge, 10 miles south of Manchester
Roads: A5102, A34, A6, M60
Rail: Bramhall Rail Station (23 minutes direct to Manchester Piccadilly)
Air: Manchester Airport

Situation

Tenure

Freehold.

Description

The property comprises a double fronted ground floor restaurant with ancillary accommodation on part of the first floor and a self-contained two bedroom residential flat on the remainder of the first floor.

Six Week Completion

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a	Review
Ground Part First	Restaurant Ancillary	212.46 sq m 23.96 sq m	(2,287 sq ft) (258 sq ft)	M A BASIT, S MIAH & G J SINGH (t/a Amans Restaurant)	10 years from 13/02/2014 until 2024	£30,000 (1)	13/02/2019
Part First	2 Bedroom Flat	53.40 sq m	(575 sq ft)	VACANT POSSESSION
Total Commercial Area		289.82 sq m	(3,120 sq ft)			£30,000 (1)

(1) The lease provides for a rent free period for 6 months from June 2014. The seller will pay the buyer the rent that would have been due in the absence of the rent free period. Therefore the property will produce £30,000 p.a.x from completion of the sale.