The property is located 0.5 miles West of Ashton-under-Lyne town centre, 5 miles East of Manchester city centre and 7 miles North of Stockport and comprises a well specified car showroom with modern workshop an valet bay. The dealership is prominently situated fronting the A635 and is within 200m of Junction 23 of the M60, connecting to Manchester city centre and the wider national motorway network.
The property is lat to Brammall Quicks Dealerships Ltd (D&B 2A1), guaranteed by Bramall Quicks Limited (D&B 5A1) and trading as Evans Halshaw. at a passing rent of £272,515 p.a. equating to £9.84 psf. The lease has 4.83 years unexpired.
Prime Greater Manchester Car Showroom Investment
Type: Industrial Park, Light Industrial, General Retail, Retail - Out of Town, Trade Counter, Business park, Mixed Use, Showroom, Other, Industrial, Retail, Offices, Other Property Types & Opportunities
Manchester Road, OL7 0DGGBAshton-under-LyneGreater ManchesterOL7 0DGManchester Road
The property is fully double glazed, has GCH, broadband, and is furnished.
We expect there to be really strong interest in this property. We value it at approx £170k
As we have managed this property for many years we would be delighted to be retained as the managing agent for the new owners.
ALL VIEWINGS ARE TO BE ARRANGED THROUGH AINSWORTH LORD ESTATES AND ARE STRICTLY BY APPOINTMENT ONLY.
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•Well fitted public house including external trading area •The property extends to 7,897 SQ FT •Well located in heart of Manchester's student area •Freehold with a 14 year unexpired occupational lease •Passing rent equates to £20.09/SQ FT overall
Revolution in Fallowfield, Manchester available as a freehold investment
•Well fitted public house •Attractive period features providing excellent trading space •Located fronting a major leisure and commercial thoroughfare •Freehold with 14 year unexpired occupational lease •Passing rent equates to £24.21/SQ FT overall
Revolution on Oxford Road, Manchester available as a freehold investment
The property consists of a double fronted lock up shop with two retail areas to the ground floor and two separate flats (1 bedroom and 2 bedrooms) with their own entrances to the first floor.
With two separate entities both commercial and residential this property provides a unique income producing opportunity for investors or business owners looking to operate in a prime location (Middleton Road) close to both commerce and in a densely populated area.
The property has potential for variety of uses (subject to planning permission) including retail, A3/A5 takeaway/restaurant or as 4 individual flats with the potential to generate an income of £20,400 per annum.
The shop currently generates turnover of £1500 per week. Vacant possession is possible.
The Property Ground Floor: Two adjoining retail areas measuring approximately 980 sq. ft. (91 sq. m). There are kitchen and toilet facilities to the rear of the premises.
First Floor: The first floor offers living accommodation providing a 2 bedroom flat and a 1 bedroom flat, which can be accessed from the rear and side of the property.
Parking: There is a car park opposite the property and off street parking is available in close vicinity.
The property is situated on in a prime trading position on Middleton Road, a busy main road that connects Oldham Way and Broadway (A663). Westwood Tram Stop is moments away and provides direct links to Rochdale And East Didsbury and Manchester Victoria. The 59 bus stops in close proximity to the property and provide transport between Rushcroft and Piccadilly Gardens whilst the 415 bus provides a link between Oldham and Manchester.
Current Rent • Passing Rent for the industrial complex: £51,908.04 per annum
Estimated Rental Value • ERV for vacant industrial complex / office 3, 4, 6: £6,000.00 per annum • ERV for vacant industrial complex / Unit D: £3,600.00 per annum • ERV for vacant industrial complex / Unit F: £1,200.00 per annum • Total ERV for the Industrial Complex: £62,708.04 per annum
Sale Price • Sale price for the Complex (excluding hoarding and yard): £700,000 (Seven Hundred Thousand Pounds) Equating to a net initial yield of 7% with a reversionary yield of 8.3% and a low capital value of £31 per sq ft.
Protector Lamp Business Park, Lansdowne Road, Eccles, Manchester, M30 9PH
Type: Industrial, Office, Distribution Warehouse, General Industrial, Industrial Park, Light Industrial, Warehouse, Storage, Land, Offices, Commercial Land
Protector Lamp Business Park, Lansdowne Road, M30 9PHGBManchesterGreater ManchesterM30 9PHLansdowne Road