68-70 Beech Rd - Storefront Retail/Residential FOR SALE


Manchester, GTM M21 9EG
$750,000 USD
161-833-9797
68-70 Beech Rd, Manchester, GTM for Sale
$750,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | 8.07% Cap Rate

68-70 Beech Rd
Manchester, GTM M21 9EG


HIGHLIGHTS

  • 2 x retail units and 2 x 1 bed flats accessed via a self contained entrance
  • Prime Chorlton location
  • ERV of £60,500pa
  • Parking spaces to the rear

OVERVIEW

The property is situated on the north side of Beech Road, close to Chorlton Green. Beech Road is one the most popular and affluent areas in Chorlton and benefits from a range of bars, pubs, restaurants and independent retailers. It is located 1/3 of a mile south-west of the centre of Chorlton. Nearby occupiers include The Beach Inn, The Chorlton Green and The Horse & Jockey. The property comprises a pair of self-contained retail shop units with two self-contained 1 bed flats above within a property of traditional brick construction beneath a pitched roofing structure. The two shops are currently tenanted and let to independent gift shops ‘Number68’ and ‘Franny & Filer’. Both tenants have been in occupation for a long period of time. The two 1 bed flats are accessed via their own entrance to the side of the property on Acres Passage. The flats are currently vacant. To the rear of the property there is a yard/parking area.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$732 USD /SF

CAP RATE

8.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Neale SayleWT GunsonMore Info
161-833-9797

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Neale SayleWT GunsonMore Info
161-833-9797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.