Skip to main content

178 Burton Road, West Didsbury, Manchester, Greater Manchester, M20 1LH

For Sale

  • Investment, Leisure, Retail
  • 1,960 Sq Ft
  • £550,000

Rare opportunity to purchase a high quality mixed use fully income producing investment on Burton Road

Sold
Enquire Now

Key Features

  • Prime Burton Road location
  • Recently refurbished to a high standard
  • Established restaurant tenant
  • Well appointed 3 bedroom flat over
  • Combined rental income of £38,800pa
  • Potential for considerable rental growth
  • Attractive 6.73% NIY (allowing purchasers costs of 4.89%)

Property Description

The property is a substantial three-storey end terraced property plus basement, with brick elevations beneath a pitched slate roof. The property comprises a well appointed ground floor and basement restaurant premises t/a 'My Thai', with seating area, servery, kitchen and food preparation area to the ground floor, and a fully useable basement providing storage, office, staff room and customer toilet facilities.

The uppers floors have been extensively refurbished and provides high quality residential accommodation in this highly popular area. The accommodation over two uppers floors provides entrance hall, lounge, dining / kitchen, utility room, bathroom and three well proportioned bedrooms on the upper floors.
Services
We understand that mains gas, electric, water and drainage are connected to these premises.
Tenancy
The ground floor and basement are let to My Thai Wilmslow Limited by way of a 10 year effective FRI lease from 16th October 2023 at an initial rent of £22,000pa, subject to 3 yearly upward only rent reviews and no break options. There is considerable scope to increase the rent at the 2026 rent review.

The upper floor 3 bedroom flat is let by way of a 12 month AST agreement at £1,400pcm (£16,800), providing a combined rental income of £38,800pa.
Tenure
The property is held Freehold
EPC
Restaurant = C (63)
Flat = D (56)
VAT
The property is not elected for VAT and so no VAT is attributable to the sale.

Accommodation

Name/FloorSq FtSq MAvailability
Ground Flat entrance666.13Sold
1st Flat 1st Floor56552.49Sold
2nd Flat 2nd Floor45742.46Sold
Ground My Thai restaurant49245.71Sold
basement My Thai restaurant38035.30Sold
Total1,960182.09 

Location

Occupying a prime position at the heart of Burton Road in West Didsbury, one of South Manchester’s most thriving and popular areas. Manchester City Centre is located approximately 4.5 miles to the north via Princess Road. The immediate area boasts excellent transport links, being less than 2 miles from junction 5 of the M60 Motorway. Additionally, regular bus services run along Burton Road, linking South Manchester to the City Centre and the property is around a 2-minute walk from both Burton Road Metrolink stop.

The immediate area is home to many local boutique and regional retail and leisure operators, including Reserves Wines, Sante Restaurant, Proove Wood Fired Pizzeria, and M20 Dental to name but a few.

Request a viewing

Contact us for more information or to arrange a viewing

Steven Gifford-Dixon

0161 667 1317

"*" indicates required fields

More properties

0aad3949f580770f37de364e5ba4da7e-20250724-124634.jpg9e02e10db7863ac7ed397ee8fd54a80b-20240111-115704.jpg71c9123216da3c9e749d98e3802a614b-20250724-124606.jpgc21acb4f9d3d529aa8ba7621518fe0ad-20240111-115638.jpg0a39037b4e8c173f2145257eed2aa4a9-p1520691.jpg9841ad37436d0975d0b8b12344e339ce-p1520690.jpg0cbb3bd489820a1059e0b8bdcdcde810-p1520698.jpgd4bf6e26fb8210e33a9a3980109ac3e6-p1520696.jpg9b20b2fe483f1fe65bd886c91fa92992-20240111-115643.jpg0e64763e21f6a5b051114e46fd8bbb15-p1520692.jpg2f235d0dd69e0af2ff0a31381e602f10-p1520693.jpg435d97a06581f0b44708b13708a45c13-p1520697.jpg42643cad9cda98e4add892bd377160d6-20250724-124729.jpg754878b77a5012ab8ca2abe206883567-20250724-124740.jpg67b829a27eefe75ede8ad21b08c5ec7e-20250724-124517.jpg034258447fc0cbe818ff451c04f5b752-20250724-124415.jpg

"*" indicates required fields