Investment for sale Sale M33 7JQ,2436sq ft

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Investment

Investment For Sale Sale

PROPERTY ID: 135597

PROPERTY TYPE

Investment

STATUS

Available

SIZE

2,436 sq.ft

Property Details

The Property Is Located On The North West Side Of Cross Street (a56) Between The Junctions Of Denmark Road And Glebelands Road In Sale, Cheshire. Junction 7 Of The M60 Motorway Is Less Than 0.5 Miles To The North. Dane Road Metrolink Is Approx. 500m To The East. Sale Town Centre Including All Shops, Bars, Restaurants Etc Is Approx. 0.5 Mile South West. Manchester City Centre Is Approx. 5 Miles North East.

The Property Comprises A Pair Of Three Storey Mid Terraced Buildings Of Brick Construction Beneath A Pitched Slate Roof. On The Ground Floor There Are Two Shops, One Which Is A Takeaway, The Other A Hair Salon. On The First And Second Floors There Are Two Self Contained, 1-bed Maisonette Flats Which Are Accessed Via An Entrance To The Front Of The Property. To The Rear Of The Property There Is A Car Parking Area With Space For Circa 4 Cars.

Total Passing Rent £36,000per Annum Increasing To £38,400pa From 1st February 2025 (175a Flat Increase) And £39,600pa From 1st March 2025 (flat 173a Increase).

Total Erv £43,200pa Taking Into Consideration Further Potential Increase Of 175a To £850pcm And Potential Shop 175 Increase To Say £900pcm (november 2025 Rent Review).

The Properties Are Held Long Leasehold For A Term Of 999 Years From 25 March 1910.
Title Numbers:-

173 Cross Street Gm160152
175 Cross Street Gm182824

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About the Agent

W T Gunson Chartered Surveyors

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Investment Unit

£550,000 Freehold

173-175 Cross Street, Sale, M33 7JQ

Investment - Available
2,436 sq ft
226 sqm

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