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

Prominent Freehold Retail Investment

  • Majority let to Optisavers Limited
  • Lease expires in November 2032 (no breaks), with RPI linked rent reviews
  • Highly visible, prominent town centre corner position at the junction of Ashley Road and Oxford Road
  • Close to large Sainsbury's supermarket and opposite JD Wetherspoon, with other nearby occupiers including Total Fitness, Home Bargains, and various banks
  • VAT-free investment
  • Lot
    38
  • Auction
    11/Dec/2019
  • Rent
    £28,100 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 9 & 11 Ashley Road and 2 & 4 Oxford Road<br>Altrincham<br>WA14 2DT
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
9 miles south-west of Manchester city centre
32 miles east of Liverpool
Roads
A56, M6, M56
Rail
Altrincham
Air
Manchester Airport
Situation

Altrincham is an affluent suburb of Manchester, located 9 miles south-west of the city centre. 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. The property is also situated opposite a JD Wetherspoon pub and close to Total Fitness, Home Bargains and various banks.

Tenure

Freehold.

Description

The property comprises an optician 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.

EPC

Band D. See legal pack at acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
Ground
Basement
Retail/Ancillary
Ancillary
82.43 sq m
30.86 sq m
(887 sq ft)
(332 sq ft)
OPTISAVERS LIMITED (1)26 years from 01/12/2006 until 30/11/2032 (2)£28,00001/12/2021 and
three yearly
linked to RPI (3)
FirstResidential
-
(-)
INDIVIDUAL999 years from 21/10/2005£50-
SecondResidential
-
(-)
INDIVIDUAL999 years from 16/09/2005£50-
Total Commercial Area
113.29 sq m
(1,219 sq ft)
  £28,100 

(1) Optisavers Opticians and Hearing Centre is a family owned independent opticians and hearing care company which is celebrating over 28 years of service and now operates from six shops across North West England.
(2) By way of a Deed dated 29/11/2017, the lease was extended to expire on 30/11/2032, with an additional rent review on the last day of the term.
(3) Rent Reviews are upward only and linked to RPI.
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 £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Site Plan
    Updated Date
    20.11.19
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    706 KB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Formby Law Limited Marion House, 23 - 25 Elbow Lane
Formby
L37 4AB
Brian Whitfield 01704 835 225brian@formbylaw.com  Stephanie Walker 01704 878 501stephanie@formbylaw.com

Useful Links

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now