The premises provide a multi-occupied building where our clients are proposing to amalgamate units at ground floor and extend to the rear to create a new unit over two floors for Barracuda Bars & Leisure and adjacent accommodation available which can be let as a whole or subdivided to suit individuals requirements. The units will benefit from rear servicing and customer parking.
LocationThe site occupies an extremely prominent location fronting the A6 (London Road) close to its intersection with the A523 Macclesfield Road and as such benefiting from extremely high levels of vehicular traffic travelling to and from Manchester and Stockport.
The site is located within an existing retail parade with occupiers in the vicinity including American Golf, Poundstretcher, Co-op Pharmacy and McDonalds as well as various other national and regional occupiers.
Scheme
| Unit 1 | Under offer to Barracuda | |
| Unit 2 | Ground Floor area | 284 sq. m (3,057 sq. ft) |
| First Floor area | 215 sq. m (2,314 sq. ft) | |
Our clients would be prepared to consider a letting of the ground floor only for retail purposes as a whole or split. The first floor will be utilised to create a separate office suite accessible via the existing office entrance unless required as ancillary accommodation to the ground floor.
TermsOur clients are seeking to let the ground floor unit by way of new 15 year effective full repairing and insuring lease, subject to 5 yearly upward only rent reviews, at a commencing rental of £57,500 pa exclusive of rates, service charge and VAT.
Rating assessmentThe premises are individually rated within the 2005 rating list however in an extended and refurbished condition the premises will need to be revalued by Manchester Valuation Office.
Legal costsEach party is to be responsible for their own legal costs incurred in this transaction.
Brochure
View Brochure (PDF 7Mb)
Ian Gill – ian@mowbraygill.co.uk
