173-175 Cross Street, Sale, Cheshire, M33 7JQ
- SIZE AVAILABLE
2,436 sq ft
226 sq m
- SECTOR
Mixed use property for sale
Key features
- **PRICE REDUCED** Offers in the region of £515,000 which based on the passing rent represents a gross yield of c7.7% with a reversionary yield of c8.4% gross based on the ERV.
- Two ground floor shops with 2 self contained 1-bed flats above
- Highly popular South Manchester location
Description
The property comprises a pair of three storey mid terraced buildings of brick construction beneath a pitched slate roof. On the ground floor there are two shops, one which is a takeaway, the other a hair salon. On the first and second floors there are two self contained, 1-bed maisonette flats which are accessed via an entrance to the front of the property. To the rear of the property there is a car parking area with space for circa 4 cars.
Total Passing Rent £39,600per annum.
Total ERV £43,200pa taking into consideration further potential increase of 175A to £850pcm and potential shop 175 increase to say £900pcm (November 2025 rent review).
The properties are held long leasehold for a term of 999 years from 25 March 1910.
Title Numbers:-
173 Cross Street GM160152
175 Cross Street GM182824
Brochures
173-175 Cross Street, Sale, Cheshire, M33 7JQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dane Road Tram Stop0.3 miles
- Sale Tram Stop0.6 miles
- Brooklands Tram Stop1.0 miles
Notes
Disclaimer - Property reference 1529FH. 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 W T Gunson, Manchester - BPG. 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.
Map data ©OpenStreetMap contributors.