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COMMERCIAL

Bank House Studios , Warwick Street, Prestwich M25

£799,950
HomeDaze Estate Agents, Manchester
PROPERTY TYPE

Commercial Property

SIZE

6,000 sq ft

557 sq m

Key features

  • Rare commercial investment opportunity
  • Prestwich village location
  • Approx 6,000 sq foot
  • Parking
  • Immediate income-generating opportunity of approximately £111,780 per annum.

Description

Rare Investment Opportunity in Prestwich M25 – Bank House Studios

An exceptional opportunity to acquire a prominent, income-generating commercial building in the heart of Prestwich. Bank House Studios is offered for sale at £799,950, presenting a strong and attractive return for investors.

The property currently produces £7,315 per month (£87,780 per annum), equating to a 10.97% gross yield and 8.58% net yield after running costs.

There is clear asset management potential, with income set to increase to £9,315 per month (£111,780 per annum) once the vacant unit is let and the top floor rent review is implemented. This would enhance returns to an impressive 13.97% gross yield and 11.58% net yield.

Bank House Studios is a well-established hub for a variety of independent businesses, including personal trainers, chiropodists, Pilates studios and specialist retailers, providing a diverse and resilient tenant mix.

Ideally positioned just behind Prestwich Village, the property benefits from excellent visibility, strong footfall and convenient parking provisions, making it highly attractive to both tenants and their customers.

This is a rare chance to secure a high-yielding commercial investment in one of Greater Manchester’s most desirable and thriving locations. Early enquiry is highly recommended.

Brochures

Bank House Studios , Warwick Street, Prestwich M25Brochure

Bank House Studios , Warwick Street, Prestwich M25

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Prestwich Tram Stop0.2 miles
  • Besses 'o th' Barn Tram Stop0.7 miles
  • Heaton Park Tram Stop0.8 miles

About HomeDaze Estate Agents, Manchester

92a Bury Old Rd Whitefield M45 6TQ
Industry affiliations:Industry affiliation logo 0

HomeDaze Estate agents is an independently owned local estate agent in Prestwich which covers surrounding areas. We offer an EXCEPTIONAL GAURENTEED PERSONAL SERVICE for our sellers and buyers. We are industry qualified, proactive and will guide you through the buying and selling process every step of the way. We don't believe in just finding any buyer for your property, we believe in finding the right buyer and being available to ease you through the process.

COMMUNICATION IS KEY! - if you need us, we will be there. Whether it on email, phone, whatsapp or face to face

Notes

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Disclaimer - Property reference 33203079. 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 HomeDaze Estate Agents, Manchester. 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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