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)