Mixed Use Investment Property – Opticians With Two Flats & Hoarding – Producing £22,160 pa
Substantial three storey building which provides ground floor retail/commercial unit plus two self-contained one bed flats (accessed from the rear). There is a rear car parking area considered suitable for two cars plus advertising hoarding on the gable. Tenancies: We are informed that the property is currently let as follows:- • Ground floor – Let to Opticians at £10,000 pax The tenant is due to vacat in November 2021 • Flat 1 – Let on AST at £370 pcm • Flat 2 - Let on AST at £410 pcm • Advertising hoarding - £2,800 pa Total Income £22,160 pa (refer to the legal pack for leases and agreements) Accommodation Ground Floor (opticians) - Open plan sales area, office/treatment room, rear kitchen/store plus WC Flat 1 – Open plan lounge/dining kitchen, double bedroom and bathroom Flat 2 - Open plan lounge/dining kitchen, double bedroom and bathroom The flats are separately metered, warmed by gas fired central and fitted with UPVC double glazing. Location Prominently situated in the centre of Levenshulme close to the junction with Albert Road and convenient for Levenshulme train station. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating Flat 1 - C, Flat 2 - D, Shop - C
Manchester City Council
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Referral Fees – We offer referred services via 3rd party suppliers which we believe you may benefit from in aiding the primary service we provide. You are under no obligation to use these services, and you should consider your options before accepting any third parties' terms and conditions for which we are not responsible. On some completed transactions they pay referral fees to ourselves. These fees average £300 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.