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7 The Downs 688 SF Retail Building Altrincham WA14 2QD $289,991 ($421.50/SF)
Investment Highlights
- Versatile use
- Display window
- Signage
Executive Summary
The Downs is a vibrant area known for its unique blend of boutique gyms, shops, and restaurants. This prime location attracts both locals and visitors, enhancing foot traffic significantly.
With easy access to the junction of The Downs / Ashley Road and Railway Street, it offers excellent connectivity for commuters.
This property boasts a ground and basement floor retail unit, complete with a high-quality curated fit-out. It features expansive glazed frontage and a convenient WC at the
back. The dry basement provides ample storage space along with a kitchenette for added functionality.
Tenure
The property is held virtual freehold by way of a 999 year lease at a peppercorn.
Tenancy
The property is let to 9 7 Barber Shop Limited by way of a FRI lease for a period of five years expiring 25th June 2029. There is an opportunity to review the rent in an upwards only direction June 2028. There is a schedule of condition for the basement only.
With easy access to the junction of The Downs / Ashley Road and Railway Street, it offers excellent connectivity for commuters.
This property boasts a ground and basement floor retail unit, complete with a high-quality curated fit-out. It features expansive glazed frontage and a convenient WC at the
back. The dry basement provides ample storage space along with a kitchenette for added functionality.
Tenure
The property is held virtual freehold by way of a 999 year lease at a peppercorn.
Tenancy
The property is let to 9 7 Barber Shop Limited by way of a FRI lease for a period of five years expiring 25th June 2029. There is an opportunity to review the rent in an upwards only direction June 2028. There is a schedule of condition for the basement only.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
688 SF
Building Class
B
Year Built
1900
Price
$289,991
Price Per SF
$421.50
Tenancy
Single
Building Height
4 Stories
Frontage
15’ on The Downs
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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7 The Downs
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