Mixed Use for sale94 Withington Road, Whalley Range, Manchester, Greater Manchester, M16 8FA
Sold by Us
- Multi Let Investment - 3 Retail Occupiers
- Total rental income: £77,900 pa.
- Yield: 8%
The property comprises a multi let investment comprising three retail occupiers, Subway, Bargain World and The Range Interiors. We understand that Tesco unit has been sold off on a long leasehold for a term of 999 years.
There is also mezzanine storage space above Bargain World (double fronted unit) and The Range Kitchens unit.
The rental income is currently £77,900 per annum. This includes 8 office suites currently let to individuals on all-inclusive rents producing £24,400 per annum.
A full tenancy schedule is overleaf.
A pre-application for planning has been submitted to Manchester City Council to convert the current offices into residential accommodation together with building a further floor above to create addition residential dwellings. The proposal is for 5 x 1 bedroom flats, 2 x 2 bedroom flats and 1 x 3 bedroom flats.
More information from this agent
To view this media, please visit the on-line version of this page at www.rightmove.co.uk/commercial-property-for-sale/property-52482831.html
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 724. 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 AMCO (MCR) Ltd, AMCO Residential and Commercial. 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.
* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.
Map data ©OpenStreetMap contributors.