Property Description

Substantial mixed-use investment property generating an income of £24,600 per annum, with excellent potential for further development (subject to planning). The property occupies a prominent corner plot within a popular local retail parade, surrounded by a well-established and highly desirable residential area. Currently fully let, the property provides an immediate high-yielding income while also offering scope for future enhancement and value-add opportunities. Chorlton is one of Manchesters most sought-after suburbs, renowned for it’s vibrant community and excellent lifestyle amenities. The property is well-served by an array of independent shops, restaurants, bars and cafes. Leisure facilities and attractions include Hough End Playing Fields and Chorlton Meadows. Manchester City Centre lies just 3 miles to the north and is easily accessible by Metrolink, bus and car, making it a prime investment opportunity with strong long-term prospects. Ground Floor: Retail premises let on a five year commercial lease at £10,800 per annum. Entrance: uPVC double glazed entrance door with double display windows. Reception: 4.1m x 2m Room 1: 3.9m x 2.8m Room 2: 3.9m x 2.8m Vestibule with understairs cupboard. Room 3: 4.1m x 3.9m WC. Kitchen: 4m x 2.7m Outside: Shared enclosed yard to rear. Use Class: E. First Floor: Two bedroom flat let on an AST at £13,800 per annum. Hallway Double bedroom Lounge Double bedroom Kitchen.

Tenure

Freehold

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