Sold STC
£350,000 In Excess of

0 Bedroom Property, Bury Old Road, Prestwich, M25

Bury Old Road, Prestwich, M25


Normie & Co - Whitefield brand logo

Normie & Company

Normie & Co, 40 Bury Old Road

Description

Prominent retail investment for sale - BUSINESS NOT AFFECTED. Total approximate internal area (based on VOA measurements) 225.2 Square Meters or 2424.03 Square Feet. Currently operated as a well known local butchers, this premises comprises ground floor retail and production, basement storage/workshop space, first floor offices/storage and second floor storage. The property is let by way of a standard commercial fully insuring and repairing lease running from January 2016. The current passing rent is £20,250 per annum, paid on a standard quarterly basis. The lease has two actionable rent reviews, one dated January 2019 and one coming up in January 2022. It is likely that rental uplifts could be achieved on both reviews, improving the total income. For the avoidance of any doubt, this building is being sold as a fully let commercial investment and vacant possession is not being offered. 

Key Features

  • Commercial retail investment
  • Prominent location
  • Business not affected
  • Fully let retail investment
  • Current income £20,250 per annum with options to improve
  • Current lease expires 18th January 2025
  • Established tenant has been in occupation since 2010
  • Decent provision of customer and staff parking
  • Total Approx internal area 225.2 Square Meters / 2424 Square Feet

Property Details

  • Price Per Sq Foot: £145
  • Approx Sq Feet: 2,422 sqft
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Rooms

Ground Floor Retail

Ground floor retail area measuring 47.8 Square Meters/ 514 Square Feet

Ground floor Cold Stores

Ground floor cold storage areas 14.8 Square Meters/ 159.30 Square Feet

Ground floor production areas

Ground floor production areas 38.8 Square Meters/ 417.6

Basement - workshop

Basement space 37.3 Square Meters/ 401.5 Square Feet

First Floor

First floor offices, storage and staff toilets 66.3 Square Meters / 713.6 Square Feet

Second Floor

Second floor basic storage 20.2 Square Meters/ 217.4 Square Feet

Parking Spaces

On Road

Capacity: N/A

There is customer and staff parking available on a first come first served basis in the lay-by that fronts this parade.

View Photos

Location

Just a few miles driving distance from Manchester City Centre, Prestwich is an area constantly growing in popularity and holds a wide appeal to a variety of people. For commuting convenience, Prestwich has easy access to Junction 17 of the M60 and has the best of Manchester's transport links including two Metrolink stations and all of the area's major bus routes. If the great outdoors is your thing, Prestwich is also home to one of the country's largest municipal parks Heaton Park, as well as fantastic walks provided by Prestwich Clough, and spaces for the kids to play in St Mary's Park. After you have had your fill of fresh air, why not take a short stroll to Prestwich Village with its numerous and trendy eateries, bars, cafe's and retailers. Home to some of the best schools in North Manchester it is easy to see why Prestwich is on trend and growing in popularity for a range of different buyers. Share the Prestwich love and visit our Love M45 & M25 community group on Facebook today.

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By Normie & Co

Disclaimer - Property ID 5402c822-d234-4872-89bf-89f750d623a1. The information displayed about this property comprises a property advertisement. Street.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.