24-26 Railway Street, Altrincham WA14 2RE

24-26 Railway Street, Altrincham WA14 2RE

0.00
  • Freehold retail investment with development potential

  • Altrincham is one of the most affluent towns in Manchester

  • Upper floors residential development opportunity (STP)

  • 3,206 sq ft overall

  • Ground floor let to Nadeem Shahid (trading as Premier)

  • 10 year lease wef 17th October 2016, expiring 16th October 2026 (9.75 yrs unexpired)

  • Current rent of £20,000 per annum

  • 5 yearly open market rental value reviews

  • Offers in the region of £300,000 (STC)

  • Attractive Net Initial Yield of 7.8%, applying £50,000 to the vacant first floor

  • Excellent SIPP purchase opportunity

    Download Brochure

Add To Cart