Sold Prior
- Commercial Property
- Tenure: See Legal Pack
Call the team on 01772 772450 for more information
Retail investment producing £11,000 per annum - 15 year lease
Ground floor self-contained retail unit, currently trading as off licence, situated within a three storey, mainly residential block fronting onto Stretford Road (A5067), next to Bet Fred bookmakers and close to the junction with Chorlton Road in the Hulme area, approximately 1 mile south of Manchester City Centre and convenient for Manchester Metropolitan University MMU Campus). The unit is currently let to a private individual trading as Booze Crooze Off Licence by way of a 15 year FRI Lease from 1 October 2016 at a current passing rental of £11,000 pa. The demise also includes 1no car parking space. We have not undertaken a measured survey of the property however we understand from the VOA that the net internal floor area of the unit is 55.09 sq m (593 sq ft). A copy of the lease will be contained within the legal pack. VAT is applicable on this Lot.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating D
Local Authority
Manchester City Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.9% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
