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Investment Property In Urmston For Sale

Urmston, UK
Asking Price:
£225,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Commercial unit rent £16,800 per annum Let by way of a 6 year FRI lease form June 2023, with 3 yearly rent reviews on full repairing and insuring terms
1st floor 2 bed room accommodation let at £5,400 per annum
Commercial unit is trading as a bar
Superb town centre location
Mid parade on a busy main road
Surrounded by shops, offices, businesses, restaurants & a large residential area
Close to train station
Very high levels of passing trade

*In accordance with Anti-Money Laundering Regulations proof of identification, residence and confirmation of the source of funding will be required from the purchaser.

Property Information

Property:

Freehold

Premises Details:

44 Flixton Road Ground floor bar is let by way of a 6 year FRI lease with 3 year rent reviews from June 2023 with an annual rental income of £16,800. This is the 2nd 6 year lease the current tenants have held on the property.

First floor self-contained 2 bedroom accommodation is let by way of a 12 month short hold tenancy agreement from September 2025 with an annual rental income of £5,400, the current tenant has been in occupation for circa 2 years.