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Freehold investment opportunity
Well suited for redevelopment
Ideally located to the City Centre and Salford University campus
Great transport links
Hyde Estates present this freehold investment opportunity, a detached building arranged over three floors, approx. 5941.68ft2. Occupied by independent businesses with units and yard. Close to the University of Salford, the A6 and transport links.
Hyde Estates are pleased to offer this freehold investment opportunity. Gordon House is a traditional brick built, detached building arranged over three floors, approximately 5941.68ft2. Occupied by four independent businesses with further units and a yard. The ground floor accommodates an established cafe, metal fabricators and lower level storage units. The entire first floor is occupied by a modern gym facility made up of a large open gym, changing/treatment rooms and an office. The first floor has many accentuated original features such as exposed timbers, ornate cast iron columns and exposed brick walls. The property would suit a multitude of uses (subject to the usual planning). The surrounding occupiers include a mix of industrial, commercial and residential with Salford Shopping Centre only a short walk.
Location Gordon House is just of Broughton Road A576, this joins the A6 which is a major arterial route into Manchester City Centre. Conveniently located to the University of Salford Campus, Salford Crescent train station, Salford Shopping Centre and bus stops. Manchester’s Outer Ring Road M60 is easily accessible.
Accommodation We understand the property has the following dimensions; Ground floor; approx. 276.8m2 / 2979.45ft2 First floor; approx. 275.3m2 / 2963.30ft2
Current leases and incoming rents Gym paying £685.00 every four weeks / £8905.00 per Annum- 7 years remaining on lease. Cafe lease not renewed – to be marketed at £600.00pcm Metal fabrication workshop achieving £120.00 pcm / £1440.00 per annum – rolling contract Basement £100.00pcm / £1200.00 per annum – rolling contract Garage 1 – £380.00 pcm / £4560.00 per annum short term lease Garage 2 – used as storage by owner Annual income £16,105
Terms The property is freehold.
Business rates Please make your enquiries to Salford Council.
Legal costs Each party to bear their own legal costs.
Viewings Please contact Hyde Estate & Letting Agents on or
For more information about this property, please contact Hyde & Partners, M25 on +44 161 937 6714 * (local rate)
Contact Hyde & Partners about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hyde & Partners, and do not constitute property particulars. Please contact Hyde & Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.