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68-70 High St 10,248 SF 100% Leased Retail Building Manchester M4 1EA $4,693,136 ($457.96/SF)
Investment Highlights
- Great location
- Signage
- Public transport access
Executive Summary
The ground floor is currently arranged as two retail outlets one currently trading as a takeaway and the other as a food market. The upper floors have recently been granted planning consent (ref 138110/FO/2023) for the conversion to a 33 bed hotel.
The ground floor is currently arranged as two retail outlets one currently trading as a restaurant and the other as a food market. The Ground Floor Unit 1 has an active lease with 6 years remaining and a rental price of £55,0000 PA. Ground Floor Unit 2 active lease with 6 years remaining at a rental price of £29,000 PA.
Offers in excess of £3,500,000 will be considered.
The ground floor is currently arranged as two retail outlets one currently trading as a restaurant and the other as a food market. The Ground Floor Unit 1 has an active lease with 6 years remaining and a rental price of £55,0000 PA. Ground Floor Unit 2 active lease with 6 years remaining at a rental price of £29,000 PA.
Offers in excess of £3,500,000 will be considered.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
10,248 SF
Building Class
B
Year Built
1972
Price
$4,693,136
Price Per SF
$457.96
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
1 1
Nearby Major Retailers
1 of 3
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68-70 High St
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