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535 Barton Ln 6,985 SF 100% Leased Retail Building Manchester M30 0HY $800,928 ($114.66/SF) 9.30% Cap Rate
Investment Highlights
- Strong transport links
- Car park
- Easily accessible from the city centre
Executive Summary
An opportunity to acquire a high-yield mixed-use investment on Barton Lane, the building is fully let and generates a robust income of £54,000.00 per annum through a strategic mix of tenancies. The property comprises of ground & lower ground (Units A & B) which is a well-established public house and a professional takeaway kitchen, and the second and third floor comprised of two modern, high-spec duplex apartments with both units secured on 12-month tenancies at £1,000 PCM each a total of £24,000 total per annum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
6,985 SF
Building Class
C
Year Built
1960
Price
$800,928
Price Per SF
$114.66
Cap Rate
9.30%
NOI
$74,486
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
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Nearby Major Retailers
1 of 12
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535 Barton Ln
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