Sold. Shops & Commercials Commercial Property For Sale

Blacks are pleased to present a solid property investment including a land development opportunity in the heart of Radcliffe, Greater Manchester.

The whole industrial site comprises of a total of 5 units of which 3 units are now available to purchase as freehold along with the land which is partly used as communal car park and additional areas which is understood to have had interest from property developers for both commercial and residential projects, such as 35 flats.

The 3 units available are all tenanted and provide an annual rental yield of £22,100 and a breakdown of this is available at your request.

Current uses as follows:

Unit 1. 1875 sq. ft. (plans to extend to 2400 sq. ft.) - Tenant : Car Mechanics/Workshop. In place 2 years

Unit 3. 2185 sq. ft. - Tenant: MOT station. 5 year lease from March 2011.

Unit 5. 760 sq. ft. - Tenant : Structural Steel Company. In place 2 years

Industrial Site excluding Unit 4, Units 1, 3, 5 plus land

Fixtures & Fittings:
Trading Hours: Business Value:
Property Value: £495,000
Business & Property Value: Turnover: combined Rental Income £22,100 per annum
Rent:
Tenure: