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65-65A London Rd 2,330 SF 100% Leased Retail Building Alderley Edge SK9 7DY $734,077 ($315.05/SF)



INVESTMENT HIGHLIGHTS
- Let to Parrys Supermarket, trading as Morrisons Daily with Parent Company Guarantee.
- Lease expiry September 2033.
- High Footfall Location.
- Passing rent £26,000 per annum exclusive.
- Great Position on Alderley Edge High Street.
EXECUTIVE SUMMARY
Well Secured, Convenience Store Investment Opportunity The property comprises a well-presented retail unit arranged over ground and basement levels, totalling approximately 1,179 sq ft. The ground floor provides an open-plan retail area of around 719 sq ft with excellent frontage onto London Road, Alderley Edge’s prime retail pitch. The basement offers useful ancillary accommodation. This sale presents an excellent opportunity to acquire a secure income-producing investment in one of Cheshire’s most sought-after village centres.
Let to Parrys Supermarket, trading as Morrisons Daily with Parent Company Guarantee Passing rent £26,000 per annum exclusive Lease expiry September 2033 Great Position on Alderley Edge High Street High Footfall Location Viewings strictly by appointment only with sole agents Hallams Property Consultants.
The premises are available by way of long leasehold disposal of the ground floor and basement. Note: it does not include the upper floors.
The property is currently let to Parry Supermarkets trading as Morrisons Daily, with a parent company guarantee, providing a strong national covenant. The lease expires in September 2033, with a tenant break option in September 2030 and a rent review in 2028. The current passing rent is £26,000 per annum exclusive.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Manchester Chemicals Ltd
- -
- -
- -
- -
- Sarah Fleming Associates Ltd
- -
- 991 SF
- -
- Jul 2021
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
- | 1,339 SF | - | - | ||
| Manchester Chemicals Ltd | - | - | - | - | ||
| Sarah Fleming Associates Ltd | - | 991 SF | - | Jul 2021 |
NEARBY MAJOR RETAILERS
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65-65A London Rd
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