Manchester, *Investment Opportunity*. Double fronted retail

Taylor Bond

Pro Seller · View My Profile · 01619 800089

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· Joined: Feb 20, 2011

£365,000

Manchester, Investment Opportunity. Double fronted retail

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Manchester, *Investment Opportunity*. Double fronted retail in Manchester MAN is a Retail Property for Sale

Price:

£365,000 Get Prequalified Today

Contact:

01619 800089

Location:

Manchester, Gt Man

Description:

*Investment Opportunity*. Double fronted retail unit with two, 2 bedroom flats on upper floors producing 28,750 P.A.

Description

INVESTMENT OPPORTUNITY
DOUBLE FRONTED RETAIL UNIT WITH TWO, 2 BEDROOM FLATS ON UPPER FLOORS PRODUCING 28,750 P.A.

209/211 Clarendon Road, Manchester M16 0EH

Opportunity to purchase this double retail unit with two, 2 bedroom flats above with accommodation over the first and second floors, each flat having two double bedrooms, lounge, bathroom and kitchen, which are sub-let.

The ground floor retail units have been opened up to create one larger unit with the benefit of storage to the rear and t/a Convenience Store.

The whole premises are let on a fully repairing and insuring lease from 28th July 2004 for a period of 20 years, with 3 year rent reviews as follows:-

28TH JULY 2004 - 27TH JULY 2007
25,000.00 P.A.
28TH JULY 2007 - 27TH JULY 2010
28,750.00 P.A.
28TH JULY 2010 - 27TH JULY 2013
33,062.50 P.A.
28TH JULY 2013 - 27TH JULY 2016
38,021.88 P.A.
28TH JULY 2016 - 27TH JULY 2019
43,725.16 P.A.
28TH JULY 2019 - 27TH JULY 2022
50,282.93 P.A.
28TH JULY 2022 - 27TH JULY 2024
57,826.51 P.A.

VIEWING
Strictly by appointment through the sole selling agent, Thomas Willmax on 0161 905 3555

LOCATION

Property Type:

Retail Property for Sale

Amenities:

Storage

For sale by:

Agent/Broker

Phone:

01619 800089

Posted:

January 13 on Facebook

Contact:

01619 800089