449, 449a Bury New Road and 2 Sherbourne Street, Prestwich M25

Offer in excess of

£895,000

Under offer

Size

3,000 - 5,000

Tenure

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EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • Excellent investment opportunity
  • Located on a busy and sought after high street
  • Three separate income streams
  • Recently renovated property

Description

The property is an end-terraced commercial building with three self-contained commercial units, all of which have undergone significant refurbishment in recent, years.

The property sits within the heart of Prestwich Village, and on one of North Manchester's most sought after and high performing suburban high streets. It also sits directly opposite the entrance to the Prestwich Village regeneration project. The property is surrounded by a vibrant mix of independent traders and national brands including Gail's Bakery, Rudy's Pizza, and Costa Coffee.

It is located within a one minute drive to junction 17 of the M60 orbital motorway, and within walking distance of Prestwich Metrolink. It is also within walking distances of all of Prestwich Village's shopping amenities to include M&S Foodhall and Aldi.

449 Bury New Road is the corner unit and comprises a large retail area, and with a good-sized storage room to the rear. It has a double basement (beneath 449 and 449a) which includes toilet facilities. It underwent extensive refurbishment in 2024 and is in excellent condition. The basement is dry and useable.

449a Bury New Road comprises a large open-plan seating area with kitchen and toilet facilities to the rear. The property was fully refurbished in 2022 to provide a well-presented large hospitality space.

2 Sherbourne Street is a first-floor premises only, and spans both 449 and 449a Bury New Road. It is accessed from Sherbourne Street which is a small cul-de-sac at the side of the property. This unit was previously used as office space until late 2024, and it has since undergone significant refurbishment and investment to produce a modern and appealing bar and restaurant, with kitchen and toilet facilities.

Investment Particulars

449 Bury New Road is let to a franchisee trading as Bargain Booze. It is let on a 15-year effective Full Repairing and Insuring Lease dated April 2016 and expiring April 2031.
The rent is £25,000pa.

449a Bury New Road is let on a 10-year effective Full Repairing and Insuring Lease dated March 2017 and expiring March 2027.
The rent is £15,000pa.

2 Sherbourne Street is let on a 10-year effective Full Repairing and Insuring Lease dated September 2019 and expiring September 2029.
The rent is £22,000pa.


Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
2
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An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

449, 449a Bury New Road and 2 Sherbourne Street, Prestwich M25

NEAREST STATIONS

London Tram

Prestwich Tram Stop

0.15 miles

London Tram

Besses 'o th' Barn Tram Stop

0.69 miles

London Tram

Heaton Park Tram Stop

0.76 miles

About LONGDEN & COOK REAL ESTATE LIMITED, Lancashire

LONGDEN & COOK REAL ESTATE LIMITED, Lancashire

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Disclaimer - Property reference 449BNR. 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 LONGDEN & COOK REAL ESTATE LIMITED, Lancashire. 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.