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£375,000
Upper Chorlton Road, Whalley Range, Manchester, M16
- 3 beds
£375,000
- 3 beds
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Estimate monthly mortgage payment:
£1,712 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
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C&R HULME offers an excellent opportunity to acquire 2100 sq ft (195 Sq mtr) commercial unit with drystorage basement and a 3 bedroom apartment over the 1st & 2ndfloors, situated within a busy parade in a residential area and prime location ofWhalley Range. To be sold as a going concern. NO CHAIN.
Property additional info
Property Details:
The property which currently trades as a convenience store is a ground floor retail unit offering a large sales area plus storage space and W.C with useful dry basement. Externally the property has fitted double glazed windows and is protected by fitted steel security shutters.On the 1st floor, the property offers 3 large bedroom apartment consisting of 3 double bedrooms, lounge, bathroom & kitchen.Basement 722 sq ft (67 sq mtr)Ground floor 760 sq ft (71 sq mtr) 1st floor 760 sq ft (71 sq mtr)2nd floor 550 sq ft (51 sq mtr)TOTAL Approx. GIA 2,792 sq ft (259sq m)
Rental Income:
The retail unit is currently let for a term of 6 years from 01/04/2018. on Full repairing & insuring terms (FRI) at a rent of £12,000.00 per annum, payable monthly.The 1st floor is let to 3 individuals on separate tenanciesRoom 1 let a@ £480.00 per month on a periodic tenancyRoom 2 let @ £470.00 per month on a periodic tenancyRoom 3 let @ £450.00 Per month on a fixed term expiring 01/03/2022The rent for the rooms in the apartment are based on an all inclusive deals which includes all bills.Total annual gross income £28,800.00
Business Rates:
Ratable Value: £ 8700.00Rates Payable: £ 4454.40 maybe subject to Small Business Rates Relief.
Tenure:
Leasehold. 900 Years from 07/11/1923. An annual ground rent is payable for £10.50 per annum payable to Estates & Management.EPC'sRetail Unit C:67Apartment D:56VATAll prices, rents and outgoing costs are exclusive but may be liable for VAT.
Excellentinvestment opportunity
Property additional info
Property Details:
The property which currently trades as a convenience store is a ground floor retail unit offering a large sales area plus storage space and W.C with useful dry basement. Externally the property has fitted double glazed windows and is protected by fitted steel security shutters.On the 1st floor, the property offers 3 large bedroom apartment consisting of 3 double bedrooms, lounge, bathroom & kitchen.Basement 722 sq ft (67 sq mtr)Ground floor 760 sq ft (71 sq mtr) 1st floor 760 sq ft (71 sq mtr)2nd floor 550 sq ft (51 sq mtr)TOTAL Approx. GIA 2,792 sq ft (259sq m)
Rental Income:
The retail unit is currently let for a term of 6 years from 01/04/2018. on Full repairing & insuring terms (FRI) at a rent of £12,000.00 per annum, payable monthly.The 1st floor is let to 3 individuals on separate tenanciesRoom 1 let a@ £480.00 per month on a periodic tenancyRoom 2 let @ £470.00 per month on a periodic tenancyRoom 3 let @ £450.00 Per month on a fixed term expiring 01/03/2022The rent for the rooms in the apartment are based on an all inclusive deals which includes all bills.Total annual gross income £28,800.00
Business Rates:
Ratable Value: £ 8700.00Rates Payable: £ 4454.40 maybe subject to Small Business Rates Relief.
Tenure:
Leasehold. 900 Years from 07/11/1923. An annual ground rent is payable for £10.50 per annum payable to Estates & Management.EPC'sRetail Unit C:67Apartment D:56VATAll prices, rents and outgoing costs are exclusive but may be liable for VAT.
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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Property details
£375,000
3 bed property for sale
Upper Chorlton Road, Whalley Range, Manchester, M16
C&R HULME offers an excellent opportunity to acquire 2100 sq ft (195 Sq mtr) commercial unit with drystorage basement and a 3 bedroom apartment over the 1st & 2ndfloors, situated within a busy parade in a residential area and prime location ofWhalley Range. To be sold as a going concern. NO CHAIN.
Property additional info
Property Details:
The property which currently trades as a convenience store is a ground floor retail unit offering a large sales area plus storage space and W.C with useful dry basement. Externally the property has fitted double glazed windows and is protected by fitted steel security shutters.On the 1st floor, the property offers 3 large bedroom apartment consisting of 3 double bedrooms, lounge, bathroom & kitchen.Basement 722 sq ft (67 sq mtr)Ground floor 760 sq ft (71 sq mtr) 1st floor 760 sq ft (71 sq mtr)2nd floor 550 sq ft (51 sq mtr)TOTAL Approx. GIA 2,792 sq ft (259sq m)
Rental Income:
The retail unit is currently let for a term of 6 years from 01/04/2018. on Full repairing & insuring terms (FRI) at a rent of £12,000.00 per annum, payable monthly.The 1st floor is let to 3 individuals on separate tenanciesRoom 1 let a@ £480.00 per month on a periodic tenancyRoom 2 let @ £470.00 per month on a periodic tenancyRoom 3 let @ £450.00 Per month on a fixed term expiring 01/03/2022The rent for the rooms in the apartment are based on an all inclusive deals which includes all bills.Total annual gross income £28,800.00
Business Rates:
Ratable Value: £ 8700.00Rates Payable: £ 4454.40 maybe subject to Small Business Rates Relief.
Tenure:
Leasehold. 900 Years from 07/11/1923. An annual ground rent is payable for £10.50 per annum payable to Estates & Management.EPC'sRetail Unit C:67Apartment D:56VATAll prices, rents and outgoing costs are exclusive but may be liable for VAT.
Excellentinvestment opportunity
Property additional info
Property Details:
The property which currently trades as a convenience store is a ground floor retail unit offering a large sales area plus storage space and W.C with useful dry basement. Externally the property has fitted double glazed windows and is protected by fitted steel security shutters.On the 1st floor, the property offers 3 large bedroom apartment consisting of 3 double bedrooms, lounge, bathroom & kitchen.Basement 722 sq ft (67 sq mtr)Ground floor 760 sq ft (71 sq mtr) 1st floor 760 sq ft (71 sq mtr)2nd floor 550 sq ft (51 sq mtr)TOTAL Approx. GIA 2,792 sq ft (259sq m)
Rental Income:
The retail unit is currently let for a term of 6 years from 01/04/2018. on Full repairing & insuring terms (FRI) at a rent of £12,000.00 per annum, payable monthly.The 1st floor is let to 3 individuals on separate tenanciesRoom 1 let a@ £480.00 per month on a periodic tenancyRoom 2 let @ £470.00 per month on a periodic tenancyRoom 3 let @ £450.00 Per month on a fixed term expiring 01/03/2022The rent for the rooms in the apartment are based on an all inclusive deals which includes all bills.Total annual gross income £28,800.00
Business Rates:
Ratable Value: £ 8700.00Rates Payable: £ 4454.40 maybe subject to Small Business Rates Relief.
Tenure:
Leasehold. 900 Years from 07/11/1923. An annual ground rent is payable for £10.50 per annum payable to Estates & Management.EPC'sRetail Unit C:67Apartment D:56VATAll prices, rents and outgoing costs are exclusive but may be liable for VAT.