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37 - 49 Warrington Street
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37 - 49 Warrington Street

Ashton Under Lyne OL6 7JG

  • Prominent unbroken parade in the very heart of the popular town of Ashton-under-Lyne

  • Located just 6.5 miles east of Manchester City Centre

  • Very strong tenant line up including McDonald's, Shoe Zone, Paddy Power and Tameside Council

  • Total passing rent of £425,505 per annum

  • McDonald's have just signed a new 10 year lease (TOB 5th year)

  • Numerous asset management opportunities including the letting of the vacant units and potential future utilisation of the upper floors

  • Substantial property providing 31,200 sq ft (2,900 sq m)

  • Freehold

  • The town has seen and continues to see significant investment upwards of £100 million

  • We are instructed to seek offers in excess of £2,400,000 (Two Million, Four Hundred Thousand Pounds) subject to contract and VAT. A purchase at this level would reflect a Net Initial Yield of 16.67%, including rental guarantees on two units and allowing for standard purchaser's costs of 6.36%.

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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