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Investment

Investment For Sale Manchester

PROPERTY ID: 135598

PROPERTY TYPE

Investment

STATUS

Available

SIZE

1,874 sq.ft

Key Features

Online auction with Pugh Auctions with bidding starting 10am Tuesday 29 April 2025 ending Wednesday 30 April 2025
Guide Price £295,000 plus
Ground floor hairdressers with 2-bed self contained flat above

Property Details

The Property Is Located On The West Side Of Station Road In Urmston Town Centre. All Town Centre Shops, Bars, Restaurants Etc Are Within Close Proximity. Urmston Railway Station Is Around 100m To The North. Urmston Is An Increasingly Popular Commuter Town Situated Approx. 5 Miles South West Of Manchester City Centre. The Property Comprises A Three Storey Mid Terraced Property With A Ground Floor Retail Unit Currently Occupied By A Hairdressers Business With A Self Contained 2-bed Maisonette Flat Above Accessed To The Rear Of The Property. The Property Also Has A Basement With 3 Rooms, Utilised For Storage By The Hairdressers Business. Informally Parking Is Available In The Alleyway To The Rear Of The Property Communally For Each Building. Lease/ast Ground Floor Shop Let To A Well Established And Highly Popular Hair Salon Lease From 6 July 2023 6 Year Term Expiry 5 July 2029 3 Year Break Subject To 3months Written Notice Passing Rent £14,400pa First/second Floor Flat Let On An Ast At £1,000pcm (£12,000pa) From 1st February 2025 Total Passing Rent £26,400pa Guide Price/auction The Property Is Guided Under Auction Terms At £295,000 Plus (which Reflects A Gross Yield Of 8.9%). The Sale Is Via Online Auction With Pugh With Bidding Starting 10am Tuesday 29th April 2025 Ending Wed 30th April 2025. To Download A Legal Pack And Register To Bid, Please Visit Pugh's Website Via The Following Link:- Https://www.pugh-auctions.com/property/36547 Tenure The Property Is Held Freehold Under Title No Gm299440.

About the Agent

W T Gunson Chartered Surveyors

See Agent's Other Properties

Investment Unit

£295,000 Freehold

6 Station Road, Manchester, M41 9JN
Investment - Available
1,874 sq ft
174 sqm
Show phone number

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