Manchester Superstore Grocery 2017 Ltd 197-201 Clarendon Road Manchester M16 0EH
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Description
**SALE BY AUCTION** – A Freehold Mixed-Use Investment Producing £86,400 Per Annum.
**For Sale By Public Auction – To inspect the legal documents for this property, please visit our website to download the legal pack.**
Description: The property comprises a substantial freehold mixed-use investment consisting of a ground floor commercial unit with three self-contained residential maisonettes above. The property is fully let, producing a total rental income of £86,400 per annum, and offers an excellent investment opportunity with long-term income.
Tenure: Freehold.
Income
- Ground Floor Commercial Unit: Let at £3,000 per calendar month (£36,000 per annum) on a 25-year lease, recently renewed following the expiry of the previous 25-year lease.
- Two 3-Bedroom Maisonettes: Let at £1,500 per calendar month each (£36,000 per annum combined).
- One 2-Bedroom Maisonette: Let at £1,200 per calendar month (£14,400 per annum).
Total Rental Income: £86,400 per annum.
Location: The property is situated at 197–201 Clarendon Road, Manchester, M16 0EH, in a well-established mixed-use area close to local shops, schools and public transport, with convenient access to Manchester City Centre.
Accommodation
Ground Floor
- Commercial Retail Unit
First & Second Floors
- Two 3-Bedroom Maisonettes
- One 2-Bedroom Maisonette
Manchester Superstore Grocery 2017 Ltd 197-201 Clarendon Road Manchester M16 0EH
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chorlton Station Station0.4 miles
- Firswood Tram Stop0.5 miles
- St Werburgh's Road Station0.6 miles
About Century 21 Scotland, Glasgow
Airhub First Floor Pavilion 4, 14 Marchburn Drive, Glasgow Airport, Paisley, PA3 2SJNotes
Disclaimer - Property reference L823721. 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 Century 21 Scotland, Glasgow. 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 Century 21 Scotland, Glasgow on 0141 673 6176.
*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.”