LOCATION

The property is situated in a prime position along Wilmslow Road in Didsbury Village, one of South Manchester’s most popular and affluent areas.

Manchester City Centre is located approximately 5 miles to the north, and the immediate area boasts excellent transport links, being around 1 mile from junction 3 of the M60 and junction 1 of the M56 Motorway. Didsbury, Cheadle, Wilmslow and Stockport are all within easy reach of the property, as is Manchester Airport which is around 6 miles away. Additionally, regular bus services run along Wilmslow Road linking South Manchester to the City Centre and the property is just a short walk away from Didsbury Metro station.

Wilmslow Road benefits from several national operators including Barclays Bank, Café Nero, Costa, M&S Food, Boots and HSBC, but is also home to a number of local independent shops, cafes and restaurants.

DESCRIPTION

The property is an attractively presented three-storey double unit of brick construction under a new pitched slate roof. The ground floor unit of 747-749 Wilmslow is let and trading as ‘Gourmet Burger Inc.’ on a 6 year effective FRI lease at £60,000pa without break option from 22nd July 2019, with an upward only rent review at the end of the 3rd year. The flats above are accessed via separate secure access to the rear and consist of two 1 bedroom flats and one four-bedroom duplex flat.

The three residential flats above benefit from gas central heating, double glazing and private rear entrances and are currently occupied on AST agreements producing £26,520 per annum, which equates to a combined return of just over 6.9% against the £1.25 million asking price.

Property Brochure

Tagged Features:

• Commercial Investment
• Didsbury Village
• Excellent transport links
• High footfall area
• Income producing investment
• Mixed use property
• Prime South Manchester Location