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Investment Property In Withington For Sale

Withington, Greater Manchester, UK
Asking Price:
£275,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Rental income £17,400 per annum
Currently let by way of full insuring and repairing 10 year lease from 2024 with 3 year rent reviews
Current tenant has been in occupation for 20 years
The property has been owned by our client since 1990
Prominent corner site, end of parade, surrounded by variety of businesses, shops, cafes, coffee shops & a residential area
Currently has a large Marcus Rashford mural painted on the gable end wall of the building

Property Information

Property:

Freehold

Location:

Withington is a suburb of Manchester, England. Historically part of Lancashire, it lies 4 miles from Manchester city centre, 0.4 miles south of Fallowfield, 0.5 miles north-east of Didsbury and 1 mile east of Chorlton-cum-Hardy. Manchester is a city in Northwest England, at the centre of the eponymous county of Greater Manchester. It had a population of over 589,000 in 2024. It borders the Cheshire Plain to the south, the Pennines to the north and east, and the city of Salford to the west.

This property is located on a highly visible corner site, it is close to the centre of Withington and is well connected through its frequent bus connections into central Manchester and other nearby areas. It sits between Didsbury, Fallowfield, and Burnage, with excellent public transport links to Manchester city centre.

Premises Details:

Retail unit: Corner site, shuttered front, entrance, good sized seating area, open plan cooking area, W/C, storage, exit to bin area and owner parking. Currently has a large Marcus Rashford mural painted on the gable wall of the building.