14 Denmark Road, Manchester, Greater Manchester, M15 6FG
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.
Freehold.
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
