620 Chester Road, Manchester, Greater Manchester, M16
Guide Price
£5,000,000
£208.91 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
23,934-23,935 sq ft
2,224 sq m
- SECTOR
Light industrial facility for sale
- USE CLASSUse class orders: sui_generis_1
sui_generis_1
Key features
- Prime Investment Opportunity
- Fully Let to Volkswagen Group United Kingdom Limited
- Current Rent Receivable - £297,750 per annum
- State of the art 2,224 sq m (23,934 sq ft) Audi service and repair centre
- Underlet to Lancaster Plc for the same term less 4 days
- Volkswagen Group United Kingdom Limited have a turnover in excess of £9.3 billion
- Site underpinned by alternative use value, subject to planning
- Local area earmarked for substantial and significant regeneration
- Close Proximity to Old Trafford Cricket & Football Stadium
- Viewings via the Sole Agent - The UpCo
Description
Situation
The property is located 2 miles south of Manchester city centre fronting Chester Road, just off the A56 (Bridgewater Way) which is the principal access route between the city centre and the prosperous suburbs within Greater Manchester and Cheshire. The Chester Road/A56 is a recognised vehicle retailing location with traffic flows of approximately 40,359 cars per day.
The subject property is directly opposite the Audi showroom facility which has prominent frontage to the A56. Other vehicle dealerships in the area include VW, Ford, Honda, BMW / MINI, and Vauxhall. In addition the head office of leading automotive dealer Lookers Plc. is located approximately 1 mile to the south of the property.
The area is an established retail warehouse location; both Castlemore Retail Park and White City Retail Park are located just to the south of the property. Castlemore Retail park occupiers include DFS, Harveys, Benson for Beds, KFC and Harry Ramsden's. White City Retail has been recently redeveloped by The Derwent Group. Tenants include Dreams, Halfords, Currys, Costa and Furniture Village. The area has improved further as a retail location with the recent development of a Tesco Extra approximately 0.5 miles to the south of the property.
Also in the vicinity are Old Trafford Football Stadium, Lancashire County Cricket Ground and Media City.
Description
The property comprises an Audi service and repair centre which is operated by Jardines along with the adjacent Audi showroom. The property was converted from a showroom by Jardines in 2006 to allow them to expand their operations in this excellent trading location. This property and the adjacent showroom are operated simultaneously as one trading concern.
The property is of modern steel portal frame construction built to an eaves height of 6 meters (19 ft 8") and a ridge height of 7.5 meters (24 ft 7"). The frontage to Chester Road has full height glazed elevations with the remaining steel sheet clad.
The property provides for a workshop, parts, valet/PDI with supporting offices on the ground floor, additional offices, ancillary and parts storage are on the first floor. The property is accessed via roller shutter doors to the rear elevation and with a single vehicular access point to the side elevation of the workshop. A customer access and parts/trade counter is located on the western elevation.
The workshop is finished to a high specification with sodium lamps, exhaust extraction system and gas heaters and it provides 22 service bays and 2 MOT bays.
The principal entrance is on Chester Road, however, the property benefits from further access onto Talbot Road to the rear of the property. Extensive parking is provided to the side and rear of the property.
Accommodation
The property occupies a site area of 1.1 acres (0.44 hectares) giving a site cover of 40%.
FLOOR SQ FT SQ M
Ground 18,039 1,676
First 5,895 547.7
TOTAL 23,934 2,224
Tenure
The property is held part freehold and part long leasehold. The area edged red on the plan is held freehold. The area edged blue is held on a 999 year lease from 25th March 1835 at an apportioned rent of £15 and 10 shillings per annum, the rent is never demanded.
Lease
Curent rent receivable is £297,950 per annum. Let to Volkswagen Group United Kingdom Limited until 6th November 2031 (No Breaks & No Further Reviews) providing 7 years unexpired
Viewing / Further Information
Via the Sole Agents - The UpCo - Richi Peters
The property is located 2 miles south of Manchester city centre fronting Chester Road, just off the A56 (Bridgewater Way) which is the principal access route between the city centre and the prosperous suburbs within Greater Manchester and Cheshire. The Chester Road/A56 is a recognised vehicle retailing location with traffic flows of approximately 40,359 cars per day.
The subject property is directly opposite the Audi showroom facility which has prominent frontage to the A56. Other vehicle dealerships in the area include VW, Ford, Honda, BMW / MINI, and Vauxhall. In addition the head office of leading automotive dealer Lookers Plc. is located approximately 1 mile to the south of the property.
The area is an established retail warehouse location; both Castlemore Retail Park and White City Retail Park are located just to the south of the property. Castlemore Retail park occupiers include DFS, Harveys, Benson for Beds, KFC and Harry Ramsden's. White City Retail has been recently redeveloped by The Derwent Group. Tenants include Dreams, Halfords, Currys, Costa and Furniture Village. The area has improved further as a retail location with the recent development of a Tesco Extra approximately 0.5 miles to the south of the property.
Also in the vicinity are Old Trafford Football Stadium, Lancashire County Cricket Ground and Media City.
Description
The property comprises an Audi service and repair centre which is operated by Jardines along with the adjacent Audi showroom. The property was converted from a showroom by Jardines in 2006 to allow them to expand their operations in this excellent trading location. This property and the adjacent showroom are operated simultaneously as one trading concern.
The property is of modern steel portal frame construction built to an eaves height of 6 meters (19 ft 8") and a ridge height of 7.5 meters (24 ft 7"). The frontage to Chester Road has full height glazed elevations with the remaining steel sheet clad.
The property provides for a workshop, parts, valet/PDI with supporting offices on the ground floor, additional offices, ancillary and parts storage are on the first floor. The property is accessed via roller shutter doors to the rear elevation and with a single vehicular access point to the side elevation of the workshop. A customer access and parts/trade counter is located on the western elevation.
The workshop is finished to a high specification with sodium lamps, exhaust extraction system and gas heaters and it provides 22 service bays and 2 MOT bays.
The principal entrance is on Chester Road, however, the property benefits from further access onto Talbot Road to the rear of the property. Extensive parking is provided to the side and rear of the property.
Accommodation
The property occupies a site area of 1.1 acres (0.44 hectares) giving a site cover of 40%.
FLOOR SQ FT SQ M
Ground 18,039 1,676
First 5,895 547.7
TOTAL 23,934 2,224
Tenure
The property is held part freehold and part long leasehold. The area edged red on the plan is held freehold. The area edged blue is held on a 999 year lease from 25th March 1835 at an apportioned rent of £15 and 10 shillings per annum, the rent is never demanded.
Lease
Curent rent receivable is £297,950 per annum. Let to Volkswagen Group United Kingdom Limited until 6th November 2031 (No Breaks & No Further Reviews) providing 7 years unexpired
Viewing / Further Information
Via the Sole Agents - The UpCo - Richi Peters
Energy Performance Certificates
EPC 1Brochures
620 Chester Road, Manchester, Greater Manchester, M16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pomona Tram Stop0.2 miles
- Trafford Bar Tram Stop0.1 miles
- Exchange Quay Tram Stop0.4 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference 620ChesterRoad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The UpCo, Wirral. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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