Edwards & Co sell the freehold interest in 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. For further information contact Martin Hamer.

Property search

More investment case studies

Edward's & Co advised Buccleuch Property in the purchase of popular Convenience Retail Parade in Horwich

1 week ago
Edward's & Co advised Buccleuch Living Heritage Trust in the acquisition of a prime suburban retail parade fronting...
Read more

607 Wilbraham Road, Chorlton

5 months ago
Edwards & Co sold a single let retail unit for a private investor to a private investor at a price of £350,000. The...
Read more