124-128 Littleton Road, Salford, Greater Manchester, M7 3TW
The property is located at the intersection of Littleton Road & Northallerton Road. Manchester city centre is approximately 4 miles to the south east.
To be offered by Auction. Corner located fully let retail & residential property with a current rent reserved of £53,100 per annum which comprises two ground floor retail units and four self contained separately accessed residential flats.
Gated and enclosed service yard to the retail units plus gated staircase access to the upper floor residential flats.
Approximately 401 sq m (480 sq yds).
Interested parties should consult with the Local Planning Office, Salford City Council, 2nd Floor, Emerson House, Albert Street, Eccles, Manchester, M30 0TE. Tel: 0161 9096545, Fax: 0161 7796006.
124-126 Littleton Road- Is let by way of a 7 year FRI lease granted to Kaleboard Limited (Company Number 08573058) from 1st August 2017 at a current rent £13,200 per annum which increases to £14,400 per annum in year 2 & £15,600 from year 3 onwards. 128 Littleton Road: Is let by way of a 15 year FRI lease from 1st September 2017 granted to two individuals at a rent of £12,000 per annum which is subject to 3 yearly upwards only rent reviews. Flat A: Is let by way of a 12 month AST from 11th October 2017 at a rent of £600 pcm (£7,200 per annum). Flat B: Is let by way of a 12 month AST from 24th March 2017 at a rent of £600 pcm (£7,200 per annum). Flat C: Is let by way of a 12 month AST from 20th September 2017 at a rent of £650 pcm (£7,800 per annum). Flat D: Is let by way of a 12 month AST from 25th July 2017 at a rent of £475 pcm (£5,700 per annum). Total Current Annual Equivalent Rent- £53,100
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