14 Denmark Road, Manchester, Greater Manchester, M15 6FG
The property is located in an established and popular residential position at the junction of Burleigh Street & Denmark Road which in turn are accessed from Oxford Road (B5117). The University of Manchester Campus & Whitworth Art Gallery are both in the immediate vicinity. Manchester Royal Infirmary & Royal Manchester Children's Hospital are both within 0.5 miles of the property. Manchester city centre is approximately 1 mile to the north.
To be offered by Auction. Three storey (plus basement) corner located retail & residential investment with a current rent reserved of £59,268 per annum. The property comprises a ground floor retail unit which is let plus a self contained 9 bedroom licensed HMO which is set over the ground, first & second floors and sold subject to a single AST agreements. The HMO has been refurbished to a high standard throughout with modern central heating & solar panels installed to the roof.
Separate access points to retail & residential.
Retail Unit- Is let by way of a lease until 8th January 2019 at a rent of £1,000 pcm (£12,000 per annum). Residential HMO- Is let by way of a single AST agreement granted to 9 tenants at a rent of £3,939 pcm (£47,268 per annum). Total Rent- £4,939 pcm (£59,268 per annum).
Energy Performance Certificate = D
M15 6FG Open in Google Maps
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