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2 Cross Ln - Trivelles Cross Lane 186 - 232 SF Retail Condo Units Offered at $80,907 - $94,403 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.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Cap Rate | 9.86% |
| Sale Type | Investment |
| Cap Rate | 9.86% |
| Tenure | Long Leasehold |
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
Reference: 7679
The property is now offered for sale due to our client’s other business
commitments overseas.
The property is now offered for sale due to our client’s other business
commitments overseas.
| Sale Type | Investment | Tenure | Long Leasehold |
| Cap Rate | 12.11% |
| Sale Type | Investment |
| Cap Rate | 12.11% |
| Tenure | Long Leasehold |
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
Reference: 7679
The property is now offered for sale due to our client’s other business
commitments overseas.
The property is now offered for sale due to our client’s other business
commitments overseas.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 204 | 232 SF | Retail | $94,403 ($406.91/SF) | $9,312.12 |
| Unit 212 | 186 SF | Retail | $80,907 ($434.99/SF) | $9,795.27 |
Unit 204
| Unit Size |
| 232 SF |
| Condo Use |
| Retail |
| Price |
| $94,403 ($406.91/SF) |
| NOI |
| $9,312.12 |
Unit 212
| Unit Size |
| 186 SF |
| Condo Use |
| Retail |
| Price |
| $80,907 ($434.99/SF) |
| NOI |
| $9,795.27 |
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Map
Unit 204
| Unit Size | 232 SF |
| Condo Use | Retail |
| Price | $94,403 ($406.91/SF) |
| NOI | $9,312.12 |
| Sale Type | Investment |
| Cap Rate | 9.86% |
| Tenure | Long Leasehold |
| 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</li></ul> | |
| Sale Notes | |
| Reference: 7679<br> <br> The property is now offered for sale due to our client’s other business <br> commitments overseas.</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 212
| Unit Size | 186 SF |
| Condo Use | Retail |
| Price | $80,907 ($434.99/SF) |
| NOI | $9,795.27 |
| Sale Type | Investment |
| Cap Rate | 12.11% |
| Tenure | Long Leasehold |
| 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.</li></ul> | |
| Sale Notes | |
| Reference: 7679<br> The property is now offered for sale due to our client’s other business <br> commitments overseas.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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 | $49.93 | - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2 Cross Ln - Trivelles Cross Lane
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