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25-31 Cheetham Hill Rd 4,473 SF 34% Leased Retail Building Manchester M4 4FY For Sale
Investment Highlights
- Fringe of city
- Established commercial, residential, educational and leisure area
- Good income stream
- Landmark building, quality floorspace with parking and frontage to the A665
- Close to Manchester Victoria Station, Ao Arena, City Campus Manchester
- Redevelopment potential (subject to necessary consents)
Executive Summary
The building is of brick construction and provides a very good mix of banking, showroom and office accommodation with complimentary welfare facilities. The property is very well specified throughout.
There is private on site car parking.
Further particulars on application, with an inspection much recommended.
Price on application
The property is located on the north side of Briscoe Lane opposite its junction with Riverpark Road in the Newton Heath area of Manchester. Manchester City Centre is situated approx. 2 miles southwest.
Predominantly Freehold with a small area on long lease subject to a nominal ground rent.
The property is currently fully occupied. The right hand element is occupied by the owners company Figure Clothing.
The left hand element is occupied by ICICI Bank UK Plc under a lease for a term of 15 years commencing September 2019 and with the lease drafted on a full repairing basis and with 5 year rent reviews. The current passing rent is £30,000 plus vat.
Property Facts
Amenities
- Security System
- Storage Space
Space Availability
- Space
- Size
- Space Use
- Position
- Available
A high quality single storey commercial showroom and office property with private car parking. The building is of brick construction and provides a very good mix of showrooms and offices with a front facing reception and staff kitchen and welfare facilities. The property is very well specified with a quality fit out. Available on a new lease outside the Landlord and Tenant Act for a term to be agreed. Rent £50,000/annum, exclusive.
| Space | Size | Space Use | Position | Available |
| Ground | 2,957 SF | Retail | Outparcel | Now |
Ground
| Size |
| 2,957 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Ground
| Size | 2,957 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
A high quality single storey commercial showroom and office property with private car parking. The building is of brick construction and provides a very good mix of showrooms and offices with a front facing reception and staff kitchen and welfare facilities. The property is very well specified with a quality fit out. Available on a new lease outside the Landlord and Tenant Act for a term to be agreed. Rent £50,000/annum, exclusive.
Nearby Major Retailers
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25-31 Cheetham Hill Rd
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