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.
The property is an attractively presented three-storey double unit of brick construction under a new pitched slate roof. The ground floor unit of 751 Wilmslow is let on a 6 year effective FRI lease at £30,000 per annum, with an upward only rent review and break option at the end of the third year to an independent operator t/a ‘ Bella Vita Trattoria’ from 4th March 2020. The flat above is accessed via separate secure access to the rear and consist of one four-bedroom duplex apartment, producing £11,940 per annum.
The combined rental of £41,940 equates to a return of just over 6.45% against the £650,000 asking price.
|Address:||751 Wilmslow Road|
|Property Type:||Mixed Use|