Office for sale446 Flixton Road, Urmston, Manchester, M41 6QT
- Very well situated investment property
- Producing 8.25%
- Fully - Let to good Covenants
The property occupies a prominent position on Flixton Road, occupying a corner plot opposite Flixton Train Station. There are excellent transport links both via rail to Manchester, and on the M60 motorway which is five minutes away by car.
DESCRIPTION / CONSTRUCTION
The property is a former banking hall, double fronted and solidly constructed. The downstairs has been converted to retail use. The upper floors are currently offices.
There is roller shutter access and parking to the rear of the property.
The ground floor features a large sales frontage, store rooms and kitchen. The basement consists of 6 dry store rooms.
Total ground floor: 1600 sq ft (149 sq m)
The upper floors are currently used as office space, consisting of multiple rooms spread over two floors, and WC’s.
Total upper floors: 1750 sq ft (163 sq m)
Total space (whole property) 3350 sq ft (311 sq m)
The ground floor has been let to a Fireplace / Stove shop since December 2015. They are currently on a 6-year lease with a 3-year break. Income is currently £15,000 PA, which is £9.38 / sq ft.
The upper floors are let to a well-established recruitment company, who own the building next door (and have knocked through into this property) and have been there for 25 years. Income is currently £15500 PA, which is £8.86 / sq ft.
There is also a cash machine which produces £2500 PA.
For the Rateable Value please visit: www.voa.gov.uk
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Energy Performance Certificates (EPCs)
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