348-362 Palatine Road, Northenden, Manchester, M22 4HD
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Tenure
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EPC
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Parking
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- Primary use
- Mixed use
No floor / site plan
Key features
- 5 Retail Units (3 x single, 1 x double, 1 x triple) and 5 Flats above (1 x 1 bed, 4 x 2 beds)
- Passing rent £152,390pa with an ERV of £175,595pa
- 8.2% gross yield with reversion of 9.5%
Description
The property comprises a retail and residential parade within a 3 storey block. The retail provides 5 units including 3 single units (Northern Exotic fruits, Oasis International foods, Church of England Children's Society, 1 double unit (Well Pharmacy) and 1 triple unit (Pound Express). There are 5 flats above (1 x 1 bed, 4 x 2 beds) which are accessed to the rear of the property via a staircase and walkway. The two beds are duplex apartments. There is also parking to the rear of the properties. It should be noted that some of the residential apartments have been sold off on long leaseholds - see tenancy schedule.
The property is held freehold under various title numbers. Further information is available within the dataroom.
DATAROOM
Access to the dataroom is available on request.
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Brochure
348-362 Palatine Road, Northenden, Manchester, M22 4HD
About W T Gunson, Manchester - BPG
W T Gunson is Manchester’s leading independent Chartered Surveyors and Property Consultants, covering Manchester and the North West since 1873, and offering expert advice on a full range of commercial and residential property.
Our expertise covers retail, office, industrial and development land, whether owner-occupied or investment property.
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Disclaimer - Property reference 1714FH. 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.