No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Retail Unit with living accomadation
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Gallery

Retail property (high street)

Chain-free
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Retail property (high street)
3 bed
0 bath

Property description & features

  • Great Investment Opportunity
  • Large ground floor & basement retail unit
  • Large 3 double Bedroom Apartment on 1st & 2nd Floors
  • Busy Parade
  • Off Road Parking
  • No chain
  • Kitchen Diner
  • Full Double Glazing
  • Gas Central Heating Combi Boiler
C&R HULME offers an excellent opportunity to acquire 2100 sq ft (195 Sq mtr) commercial unit with dry storage basement and a 3 bedroom apartment over the 1st & 2nd floors, situated within a busy parade in a residential area and prime location of Whalley Range. To be sold as a going concern. NO CHAIN.

Excellent investment opportunity



Property additional info

Property Details:
The property which currently trades as a convenience store is a ground floor retail unit offering a large sales area plus storage space and W.C with useful dry basement. Externally the property has fitted double glazed windows and is protected by fitted steel security shutters. On the 1st floor, the property offers 3 large bedroom apartment consisting of 3 double bedrooms, lounge, bathroom & kitchen. Basement 722 sq ft (67 sq mtr) Ground floor 760 sq ft (71 sq mtr) 1st floor 760 sq ft (71 sq mtr) 2nd floor 550 sq ft (51 sq mtr) TOTAL Approx. GIA 2,792 sq ft (259sq m)

Rental Income:
The retail unit is currently let for a term of 6 years from 01/04/2018. on Full repairing & insuring terms (FRI) at a rent of £12,000.00 per annum, payable monthly. The 1st floor is let to 3 individuals on separate tenancies Room 1 let a@ £480.00 per month on a periodic tenancy Room 2 let @ £470.00 per month on a periodic tenancy Room 3 let @ £450.00 Per month on a fixed term expiring 01/03/2022 The rent for the rooms in the apartment are based on an all inclusive deals which includes all bills. Total annual gross income £28,800.00

Business Rates:
Ratable Value: £ 8700.00 Rates Payable: £ 4454.40 maybe subject to Small Business Rates Relief.

Tenure:
Leasehold. 900 Years from 07/11/1923. An annual ground rent is payable for £10.50 per annum payable to Estates & Management. EPC's Retail Unit C:67 Apartment D:56 VAT All prices, rents and outgoing costs are exclusive but may be liable for VAT.

Property information from this agent

Places of interest

    C & R Properties the dynamic commercial & residential estate agent was founded in 2004. We bring over 20 years experience within the property sector ranging in commercial and residential investments in and around Manchester. The aim of C & R Properties is to provide a first class service to vendors, landlords and tenants. C & R Properties understands the demanding pace of modern life. We offer flexibility in our services including evening and weekend viewings. C & R have two specialist teams based in Manchester city centre and Hulme, ensuring our clients receive a personal and professional service whether it be in sales, lettings, management or advice on investments. C & R Properties look forward to dealing with your enquiry.

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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