A mixed use investment opportunity comprising a mid terrace building extending to situated within a small parade of shops. The ground floor retail unit is currently let at £200 p/wk on a 5 year lease from February 2019. The upper floor consists of a independently accessed residential flat which is also let at £500pcm. The total equivalent annual income is £16,400.

Location

The building is situated within a small parade of shops next to an Aldi supermarket and fronting onto Kingsway (A34), a main dual arterial route which leads into the City Centre 5 miles to the north. The popular suburbs of Didsbury and Withithington are situated close by.

Tenure

Unknown

Tenancy

The ground floor retail unit is let on a 5 year lease dated 28th February 2019 at a rent of £200 p/wk.

The residential flat above is let at £500pcm.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 27TH APRIL AND CLOSES ON WEDNESDAY 28TH APRIL.

3. The property is held on a 990 year leasehold title dated 7th December 1928

Addendum

The property is held on a 990 year leasehold title dated 7th December 1928