Cross Street, Sale, Greater Manchester, M33

INVESTMENT OPPORTUNITY
RECENTLY REFURBISHED 3 STOREY PROPERTIES COMPRISING GROUND FLOOR RETAIL UNITS WITH SELF CONTAINED 1ST & 2ND FLOOR TWO BEDROOM FLATS PRODUCING £46,500 P.A. WITH REAR CAR PARKING

DESCRIPTION
The properties benefit from a full refurbishment programme which was completed in early 2021 which includes the addition of a new roof including a rear dormer. Each of the ground floor retail units offer open plan retail space with kitchen and WC positioned to the rear measuring approximately 53.5 sq.m (576 sq.ft.). The first and second floor two bedroom flats have separate entrances from the rear parking area offering lounge, kitchen, bedroom and bathroom on the first floor and a further en-suite bedroom on the second floor. To the rear of the property there is a private re-surfaced parking area. The properties produce a total of £46,500 p.a.

74 CROSS STREET
A self-contained open plan retail unit with kitchen and WC providing a total of approximately 53.5 sq.m (576 sq.ft.). The unit is let on a 5 year lease from 8th March 2021 to Kitchens by Kemp Limited at £12,000 p.a.

74A CROSS STREET
Accessed from the rear which leads to lounge, kitchen, bedroom and bathroom on the first floor with stairs to the second floor en-suite bedroom.
Let on an assured short hold tenancy agreement at £925 pcm.

Total income for the building £23,100 p.a.

76 CROSS STREET
A self-contained open plan retail unit with kitchen and WC providing a total of approximately 53.5 sq.m (576 sq.ft.). The unit is let on a 5 year lease from 8th March 2021 to Kitchens by Kemp Limited at £12,000 p.a. Let on a 39 month lease to Plush Homeware Limited with a current rent payable of £12,000 p.a. (please note the end date coincides with the end date for Kemp Kitchens Limited)

76A CROSS STREET
Accessed from the rear which leads to lounge, kitchen, bedroom and bathroom on the first floor with stairs to the second floor en-suite bedroom.
Let on an assured short hold tenancy agreement at £950 pcm.

Total income for the building £23,400 p.a.

VIEWING
Strictly by appointment through the sole selling agent, Thomas Willmax