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Our Summary
- Investment Opportunity
- We are delighted to present this investment opportunity, ideally situated in the bustling heart of Manchester
- As a listed Commercial Sale, this represents an advantageous investment opportunity to tap into Manchester’s burgeoning rental market
- Adding further allure to this prime investment opportunity are the consistently high occupancy rates, ensuring a steady income flow for the prospective owner
- Given the property's robust condition, and the potential for steady yield, it is certain to be a desirable addition to any investment portfolio
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Description
This investment opportunity is a commercial premises in Manchester that operates as an off-licence shop with 6 self-contained apartments upstairs. Each apartment has its own bathroom and offers long-term returns. The property is in good condition, with consistently high occupancy rates, and generates a rental income of £106,500 per year.
The commercial unit and six apartments are separately rented, with monthly rents as follows: Commercial Unit - £3,000pcm, Flat 1 - £1,100pcm, Flat 2 - £775pcm, Flat 3 - £775pcm, Flat 4 - £1,000pcm, Flat 5 - £1,125pcm, and Flat 6 - £1,100pcm.