
7 Shudehill, Manchester, M4 2AF
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Prominent Freehold Mixed Use Investment
- Well located in Manchester City Centre
- Situated opposite the Arndale Centre (Greggs, Nike, Clarks, Dune etc)
- Comprising a shop with 2 self-contained flats above
- Benefits from a return frontage
- VAT is not applicable
- Investment let at £50,000 p.a. rising to £55,000 p.a. on 1 December and £58,000 p.a. in 2027 (9.52% GIY, rising to 10.47% then 11.04% based on Guide Price)
Description
StrapLine
Auction Sale - 06/05/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteFreehold Mixed Use Investment well located in Manchester City Centre opposite the Arndale Centre to provide a shop with two self-contained flats above. Current Rents £50,000 p.a. rising to £55,000 p.a. on 1 December
Description
This prominent property is arranged over basement, ground and two upper floors to provide a shop at basement and ground floor with 2 x self-contained flats above.
The flats are accessed off Dantzic Street.
Location
The property is prominently located in Manchester city centre fronting Shudehill, immediately adjacent to Shudehill Interchange, a major transport hub serving bus and Metrolink services. It lies on the edge of the Northern Quarter and within close proximity of Market Street, the Printworks, NOMA and Deansgate, providing access to a wide range of retail, leisure and commercial occupiers. Manchester Victoria railway station is within a short walking distance, with Piccadilly station easily accessible via Metrolink. The area benefits from strong pedestrian footfall and ongoing regeneration within the city centre.
The Arndale Centre is situated opposite the property and includes Greggs, Nike, Clarks, Dune and Pandora amongst many others
Transport
The property benefits from excellent public transport connectivity, being immediately adjacent to Shudehill Interchange, one of Manchester city centre’s principal transport hubs, providing extensive bus services and direct access to the Metrolink tram network. Manchester Victoria railway station is within a short walking distance, offering regional and national rail services, while Manchester Piccadilly station is easily accessible via Metrolink or on foot. The inner ring road network is close by, providing convenient access to the wider Greater Manchester area and the regional motorway network.
Tenancy
Basement and Ground Floor
Let to Fresh Cuts (Manchester) Limited on a full repairing and Insuring (FRI) lease for a term
of 16 years from December 2025 at £35,000 per annum.
The lease provides for a fixed rental increase to £40,000 per annum from 1 December 2026
The lease is contracted outside of the security of tenure provisions contained within the Landlord and Tenant Act 1954 Part II.
First and Second Floors
Let to Jehangir Abbas Malik on a full repairing and insuring(FRI) lease for a term
of 10 years from July 2021 at £15,000 per annum.
The lease provides for a fixed rental increase to £18,000 per annum in 2027 and £21,000 per annum in 2031.
The lease is contracted outside of the security of tenure provisions contained within the Landlord and Tenant Act 1954 Part II.
Total Current Rent £50,000 per annum rising to £55,000 p.a. on 1 December, £58,000 p.a. in 2027 and £61,000 p.a. in 2031
Accommodation
Ground Floor - 35.4 sq m (381 sq ft)
Basement - 23.6 sq m (254 sq ft)
First Floor - 25.4 sq m (273 sq ft)
Second Floor - 25.4 sq m (273 sq ft)
Total - 109.8 sq m (1,181 sq ft)
7 Shudehill, Manchester, M4 2AF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Market Street Tram Stop0.2 miles
- Manchester Victoria Station0.2 miles
- Mosley Street Tram Stop0.3 miles
Notes
Disclaimer - Property reference 222-22524. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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