48 -58 Melbourne Street, Stalybridge, Manchester SK15 2JJ

For Sale £800,000

Commercial Property

Property Description

We are pleased to offer this freehold commercial and residential opportunity consisting of 5 shops and 5 flats on a pedestrianised shopping district in Manchester. FOR SALE BY ONLINE AUCTION ON 20TH FEBRUARY 2024. All bidders must register beforehand. 

Unbroken freehold commercial and residential opportunity to acquire a fully let income producing parade on a pedestrianised shopping district in Stalybridge, Greater Manchester.

Commercial occupant includes Greggs plc

The commercial leases are relatively new, granted for a period of 10 years with the majority expiring in 2031.

The residential flats were recently refurbished to a high standard and are all let on AST'S (1 year rolling over contracts) 

The commercial units are generating approximately £56,900 per annum and the residential flats are generating approximately £36,840 per annum.

Total income is approximately £95,840 per annum (including service charge £2,100 per annum)

Freehold 
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