Offers in region of
£325,000
(£173.43/sq. ft)
Retail premises for sale6 Station Road, Urmston, Manchester, Greater Manchester M41
1,874 sq. ft
Freehold
About this property
Ground floor hairdressers with 2-bed self contained flat above
Town Centre location
Passing rent of £26,400pa
The property is located on the west side of Station Road in Urmston Town Centre. All town centre shops, bars, restaurants etc are within close proximity. Urmston Railway Station is around 100m to the north. Urmston is an increasingly popular commuter town situated approx. 5 miles south west of Manchester City Centre.
The property comprises a three storey mid terraced property with a ground floor retail unit currently occupied by a hairdressers business with a self contained 2-bed maisonette flat above accessed to the rear of the property.
The property also has a basement with 3 rooms, utilised for storage by the hairdressers business. Informally parking is available in the alleyway to the rear of the property communally for each building.
Lease/AST
Ground Floor Shop
Let to a well established and highly popular hair salon
Lease from 6 July 2023
6 year term
Expiry 5 July 2029
3 year break subject to 3months written notice
Passing rent £14,400pa
First/Second Floor Flat
Let on an AST at £1,000pcm (£12,000pa) from 1st February 2025
Total passing rent £26,400pa
Asking price
Offers in the region of £325,000 which represents a gross yield of 8.12%.
Tenure
The property is held Freehold under title no GM299440.
The property comprises a three storey mid terraced property with a ground floor retail unit currently occupied by a hairdressers business with a self contained 2-bed maisonette flat above accessed to the rear of the property.
The property also has a basement with 3 rooms, utilised for storage by the hairdressers business. Informally parking is available in the alleyway to the rear of the property communally for each building.
Lease/AST
Ground Floor Shop
Let to a well established and highly popular hair salon
Lease from 6 July 2023
6 year term
Expiry 5 July 2029
3 year break subject to 3months written notice
Passing rent £14,400pa
First/Second Floor Flat
Let on an AST at £1,000pcm (£12,000pa) from 1st February 2025
Total passing rent £26,400pa
Asking price
Offers in the region of £325,000 which represents a gross yield of 8.12%.
Tenure
The property is held Freehold under title no GM299440.
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