152 Elliott Street, Tyldesley, Manchester, Lancashire, M29

The opportunity is to acquire a part income-producing investment let to a national tenant, with asset management and redevelopment potential to the upper floors. The ground floor is let to Medivet on a 15-year lease from June 2021 at a rental of £16,500 per annum. The property also benefits from self-contained first floor accommodation, currently vacant, offering conversion potential subject to the necessary planning consents.

The property comprises a substantial former bank premises arranged over basement, ground and first floors, occupying a highly prominent position within the town centre. The ground floor accommodation is demised to Medivet and provides a large reception/waiting area, consulting rooms and surgeries, fitted out to a good standard in line with its current veterinary use.

The first floor is accessed independently via Chapel Street and formerly operated as a Masonic Lodge. The accommodation includes a large open-plan meeting hall, kitchen facilities, W.Cs and a series of ancillary rooms. Whilst refurbishment works are required, the upper floors retain a number of attractive period features and present an opportunity for alternative use or redevelopment, subject to planning.