Property Details
Pugh Auctions
Lot 006
Lot 006
Auction: October 2017

111 & 111a Princess Road, Manchester, Greater Manchester, M14 4RB

Property Details
Location

The property is prominently positioned fronting onto Princess Road (A5103) within a neighbourhood shopping parade. Princess Road is one of the main arterial routes into Manchester city centre which lies approximately 1.5 miles to the north.

Description

Three storey (plus basement) mid terrace commercial property which comprises a self contained retail unit to the ground floor which is let to Jamaica National Bank plus first & second floors of office accommodation (containing 6 suites) which are individually let (Second Floor is offered with vacant possession). The property also includes a cellar which is offered with vacant possession.

Accommodation

We detail below the following accommodation and approximate net internal floor areas: 111A Princess Road: Ground Floor: Retail 59 sq m (634 sq ft) 111 Princess Road: Cellar: 92 sq m (990 sq ft) First Floor: Office 1 15 sq m (161 sq ft) Office 2 16 sq m (172 sq ft) Office 3 24 sq m (258 sq ft) Second Floor: Office 4 15 sq m (161 sq ft) Office 5 16 sq m (172 sq ft) Office 6 24 sq m (258 sq ft)

Outside

Enclosed rear yard with outbuilding plus separate entrances to the front elevation to both retail and offices.

Approx Site Area

Approximately 127 sq m (152 sq yds).

Tenure

Freehold.

Planning

Interested parties should consult direct with the Local Planning Office, Manchester City Council, Town Hall, Albert Square, Manchester, M60 2LA. Tel: 0161 234 5000, Fax: 0161 236 5909.

Tenancy

The ground floor retail unit is let to Jamaica National Bank by way of a 5 year lease from October 2011 (currently holding over) at a rent of ú700 pcm (ú8,400 per annum) Office Suite 1 is let at ú220 pcm (ú2,640 per annum) Office Suite 2 is let at ú220 pcm (ú2,640 per annum) Office Suite 3 is let at ú320 pcm (ú3,840 per annum) The Second Floor is vacant The Cellar is vacant Total Rent- ú1,460 pcm (ú17,520).

Addendum

This lot has SOLD POST auction

Property Location Address:
111 & 111a Princess Road,
Manchester,
Greater Manchester,
M14 4RB
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Auction Details
Auction: October 2017 Date: 17th October 2017 Lot Number: 006 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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