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2 Cross Ln - Trivelles Cross Lane 186 - 232 SF Retail Condo Units Offered at $80,014 - $93,361 Per Unit in Salford M5 4AE
INVESTMENT HIGHLIGHTS
- Ideally Located - Close To City Centre
- Good Public Transport Links
- Located Within Popular Hotel
EXECUTIVE SUMMARY
Unit 204 Imperial Studio is a leasehold, ground floor property in this bustling and popular area of Salford. The property is located within the ground floor of Trivelles Hotel. The property is now offered for sale due to our client’s other business commitments overseas.
PROPERTY FACTS
| Total Building Size | 9,383 SF | Typical Floor Size | 4,671 SF |
| Property Type | Hospitality | Year Built | 1900 |
| Property Subtype | Hotel | Lot Size | 0.13 AC |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Floors | 2 |
| Total Building Size | 9,383 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 4,671 SF |
| Year Built | 1900 |
| Lot Size | 0.13 AC |
| Parking Ratio | 1.07/1,000 SF |
AMENITIES
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 23 | $49.38 | - |
2 UNITS AVAILABLE
Unit 204
| Unit Size | 232 SF | Sale Type | Investment |
| Price | $93,361 | Tenure | Long Leasehold |
| Price Per SF | $402.42 | Cap Rate | 9.86% |
| Condo Use | Retail | NOI | $9,209.33 |
| Unit Size | 232 SF |
| Price | $93,361 |
| Price Per SF | $402.42 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 9.86% |
| NOI | $9,209.33 |
DESCRIPTION
The studio is accessed via the hotel corridor. Inside, the studio is 21.55 square metres in size, it is open plan with toilet near the front entrance on the left hand side. Tenants also have access to communal areas such as the reception area and lobby. The hotel is fitted with CCTV inside and out
SALE NOTES
The property is now offered for sale due to our client’s other business
commitments overseas.
Unit 212
| Unit Size | 186 SF | Sale Type | Investment |
| Price | $80,014 | Tenure | Long Leasehold |
| Price Per SF | $430.19 | Cap Rate | 12.11% |
| Condo Use | Retail | NOI | $9,687.15 |
| Unit Size | 186 SF |
| Price | $80,014 |
| Price Per SF | $430.19 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 12.11% |
| NOI | $9,687.15 |
DESCRIPTION
The studio is accessed via the hotel corridor. Inside, the studio is 17.32 square metres in size, it is open plan with toilet near the front entrance on the left hand side. Tenants also have access to communal areas such as the reception area and lobby. The hotel is fitted with CCTV inside and out.
SALE NOTES
The property is now offered for sale due to our client’s other business
commitments overseas.
Presented by
2 Cross Ln - Trivelles Cross Lane
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