Bury Old Road, Prestwich, M25

For Sale Offers In Excess of £350,000

Prominent retail investment for sale - BUSINESS NOT AFFECTED. Total approximate internal area (based on VOA measurements) 225.2 Square Meters or 2424.03 Square Feet. Currently operated as a well known local butchers, this premises comprises ground floor retail and production, basement storage/workshop space, first floor offices/storage and second floor storage. The property is let by way of a standard commercial fully insuring and repairing lease running from January 2016. The current passing rent is £20,250 per annum, paid on a standard quarterly basis. The lease has two actionable rent reviews, one dated January 2019 and one coming up in January 2022. It is likely that rental uplifts could be achieved on both reviews, improving the total income. For the avoidance of any doubt, this building is being sold as a fully let commercial investment and vacant possession is not being offered. 

  • Commercial retail investment
  • Prominent location
  • Business not affected
  • Fully let retail investment
  • Current income £20,250 per annum with options to improve
  • Current lease expires 18th January 2025
  • Established tenant has been in occupation since 2010
  • Decent provision of customer and staff parking
  • Total Approx internal area 225.2 Square Meters / 2424 Square Feet

Rooms

Ground Floor Retail

Ground floor Cold Stores

Ground floor production areas

Basement - workshop

First Floor

Second Floor

Location

Just a few miles driving distance from Manchester City Centre, Prestwich is an area constantly growing in popularity and holds a wide appeal to a variety of people. For commuting convenience, Prestwich has easy access to Junction 17 of the M60 and has the best of Manchester's transport links including two Metrolink stations and all of the area's major bus routes. If the great outdoors is your thing, Prestwich is also home to one of the country's largest municipal parks Heaton Park, as well as fantastic walks provided by Prestwich Clough, and spaces for the kids to play in St Mary's Park. After you have had your fill of fresh air, why not take a short stroll to Prestwich Village with its numerous and trendy eateries, bars, cafe's and retailers. Home to some of the best schools in North Manchester it is easy to see why Prestwich is on trend and growing in popularity for a range of different buyers. Share the Prestwich love and visit our Love M45 & M25 community group on Facebook today.

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