Offers in region of
£235,000
(£251.88/sq. ft)
Property for sale65 Manchester Road, Denton, Manchester M34
933 sq. ft
Just added
About this property
Retail/Residential Investment Property
Popular town centre location
Offers in the region of £235,000, which equates to a gross initial yield of 8.9% after standard purchaser's costs.
The property is situated on the south side of Manchester Road in the centre of Denton, approx. 5 miles east of Manchester city centre. Crown Point Retail Park is in walking distance as are all town centre amenities.
The property is arranged over two stories with a ground floor retail unit occupied by a dog groomers, and a one bed flat on the first floor accessed via a separate entrance. The ground floor comprises an open plan retail area, and a storage room, kitchen and WC to the rear. The first floor is fitted to a high standard with central heating, a modern kitchen, white painted walls and spot lighting.
Lease
The ground floor retail unit is let to two individuals t/a Pups and Dreams on a 3 year lease from April 2025 at a passing rent of £10,800 pa.
The flat is let on an assured periodic tenancy at £850pcm.
The total passing rent is £21,000 per annum.
The property is arranged over two stories with a ground floor retail unit occupied by a dog groomers, and a one bed flat on the first floor accessed via a separate entrance. The ground floor comprises an open plan retail area, and a storage room, kitchen and WC to the rear. The first floor is fitted to a high standard with central heating, a modern kitchen, white painted walls and spot lighting.
Lease
The ground floor retail unit is let to two individuals t/a Pups and Dreams on a 3 year lease from April 2025 at a passing rent of £10,800 pa.
The flat is let on an assured periodic tenancy at £850pcm.
The total passing rent is £21,000 per annum.
Mortgage calculator
Monthly repayment
£1,175 per month
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