Lot
051
Auction: February 2021 Online Auction 24/02/2021

1 Market Street & 2 Post Office Street, Altrincham, Cheshire WA14 1QE

Property Details
Location
Description
A town centre development opportunity comprising a grade II listed building with planning permission to convert into 7 residential apartments. The building extends to approximately 422 SQ M (4542 SQ FT) and comprises accommodation arranged over lower ground, ground and first floors. The ground floor is currently let and producing an annual income of £17,500.
Location
The property is situated on the corner of Market Street and Post Office Street in the heart of Altrincham Town Centre. A wide range of amenities are available within a short walk including Altrincham market, bars, restaurants and the metrolink stop. Manchester is located 9 miles to the north.
Tenure
Unknown
Planning
Planning permission was approved by Trafford Council on 17th June 2019 for the change of use of the building into 7 residential apartments (planning ref 95499/FUL/18). Under the current plans the development would consist of a mixture of studio, 1 bedroom and 2 / 3 bedroom flats.
Tenancy
The ground floor of the building is let to a local gym operator at £4625 per quarter, equivalent to £18,000 per annum. The lease is due to expire in February 2022.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 23RD FEBRUARY AND CLOSES ON WEDNESDAY 24TH FEBRUARY.

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