198-200 Ashley Road | Hale

Published 1st Mar 2016

Acting on behalf of private clients, Edwards & Co have sold the freehold interest in this prime retail unit.

Located fronting Ashley Road, Hale's principal retail thoroughfare, this double fronted ground floor retail unit occupies a prominent position and has upper floor ancillary accommodation.

It is let to Barclays Bank Plc on full repairing and insuring terms by way of a 20 year lease expiring on 10th May 2027 at a rent passing of £66,500 per annum. The lease is subject to five yearly upwards only reviews and incorporates a tenant's option to determine at the expiration of the 15th year of the term.

It was sold off market for £1,250,000 in March 2016.

Property search

More investment case studies

196 Deansgate | Manchester

5 months ago
Acting on behalf of Commercial Estates Group, Edwards Investment sold 196 Deansgate, a listed Grade A office building...
Read more

Dalata / Maldron, Chapel Street | Manchester

9 months ago
Edwards Investment have advised CBREIM on the forward funding of a new 188-bedroom Hotel on a new 35-year lease. The...
Read more