751 Wilmslow Road, Didsbury, Manchester

751 Wilmslow Road, Didsbury, Manchester

751 Wilmslow Road - Mixed use investment for sale in Didsbury Manchester
AvailableSINGLE MIXED USE INVESTMENT

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 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.

Price:£650,000
Address:751 Wilmslow Road
City:Manchester
Postcode:M20 6RN
Property ID:118357
Property Type:Mixed Use
Square Feet:2211
Square Metre:205.4
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Property Presented by:

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Steven Gifford Dixon

Director

Office: 0161 6671317

Mobile: 07779 263 914

Norwood House, ​53 Brighton Grove, Fallowfield
Manchester, M14 5JT

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