Property Information
Address:
573-577 Wilmslow Road, Manchester, Greater Manchester
, M20 3QH
, Greater Manchester
, United Kingdom
Price: Buy: POA
Size: SOA
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH688590
Property Ref/Agent: 1433
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 9, 2024
Property description
The property is positioned set back from Wilmslow Road (B5093), the principal high street in Withington which connects Fallowfield and Didsbury.
The property is approximately 0.9 miles north of Didsbury Village and 5.0 miles south of Manchester City Centre. Withington Village is approximately 1.3 miles north and national operators include Sainsbury's Local, Subway and Costa Coffee. The Christie Hospital is within walking distance approximately 200 yards away.
Motorway access is within approx. 3.0 miles south (Junction 5 M60).
The property comprises a mixed use investment, comprising three retail units (573, 575 and 577) at ground level with three separately accessed, flats (573a, 575a and 577a) to the first floor. The property is constructed of brick elevations beneath a pitched roof. All units have UPVC double glazed fronts and benefit from gas central heating.
Externally, there are demised yards to the front and rear of the property which are tarmacked and allow vehicle parking for approximately 6 vehicles.
The property is held under two separate titles:
573 & 575 - Freehold (title number GM219055)
577 - Freehold (title number GM219054)
Mixed use income producing investment
Fully occupied with an annual income of £52,843pax
Attractive Net Initial Yield of 8%
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