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 and 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 and 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 and second floors and sold subject to a single AST agreements. The HMO has been refurbished to a high standard throughout with modern central heating and solar panels installed to the roof.
|Basement:||Storage||38 sq m||409 sq ft|
|Ground Floor:||Sales||40 sq m||430 sq ft|
|Total:||78 sq m||839 sq ft|
|Ground Floor:||Kitchen/lounge/dining room and shower room|
|First Floor:||Five bedrooms (one en suite) and shower room/WC|
|Second Floor:||Four bedrooms (two en suite) and shower room/WC|
Separate access points to retail and residential.
1) Retail Unit- Is let by way of a lease until 8th January 2019 at a rent of £1,000 pcm (£12,000 per annum). 2) 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
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