Tenanted Retail Unit With HMO – Producing £18,000 p.a.

Tenanted Retail Unit With (Part) HMO – Producing £18,000 p.a. Two storey mid terrace property briefly comprising ground floor convenience store with 4 bedrooms, to the 1st and 2nd floors, forming part of a HMO with the next door (no.240 – not included in the sale). The property has been combined with next door (No 240) at all levels with stairs and access via 240 Wilmslow Road. Accommodation summary below: Ground floor – retail unit accessed via 240 Wilmslow Road Basement – storage space accessed via 240 Wilmslow Road First floor – 2 bedrooms – room only no kitchen or bathrooms as these are contained within no.240. Access via 240A Wilmslow Road. Second floor – 2 bedrooms – 1x en-suite (rear) and 1x with room only. Access via 240A Wilmslow Road. The tenant is operating an HMO on the upper floors and provides communal facilities including, kitchen, lounge, bathrooms and laundry to the rooms within the demise of 242 Wilmslow Road. These facilities are housed within 240A Wilmslow Road, which is outside of the demise and not included on this sale. The income generated for the entire property is £18,000 per annum, with the lease expiring 16th December 2027. There is an outstanding rent review from 17th December 2022. Situated on the westerly side of Wilmslow Road (A6010), opposite Fallowfield Student Accommodation Campus (Manchester University), close to the junction with Moseley Road and Platt Fields Park. Manchester city centre is approximately 3 miles to the north Tenure: Freehold Title number: GM180997 Local Authority: Manchester Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

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Local Authority

Manchester City Council

Solicitors

Bexley Beaumont Limited, Ref: Bexley Beaumont Limited

Offered in association with

Roger Hannah

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.