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Parking
8 Commercial Street, Manchester, M15 4QW
£95,000
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Our Summary
- Size - 12 sq m Key Features: * Ideal passive investment opportunity
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Description
The property is a 3-space car parking unit located beneath the Hill Quays Apartment complex in Deansgate, with 12 sq m each of the spaces. The areas are accessed via a key fob and have a high ceiling height with no pillar obstruction, suitable for large vehicles. They are let at £200/month each, netting a rent of £7200 per annum.
The property has a leasehold tenure of 150 years from 2002, with a service charge of £90 and ground rent of £100 per annum.