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£575,000

Long Street, Manchester, M24

  • 0 beds
Other

£575,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£2,625 per month

Minimum deposit amount:

£28,750
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Clarke & Co Estate Agents are delighted to bring to the market this mixed commercial/residential use building situated on Long Street, Middleton, close to the town centre and offering an excellent investment opportunity.

The property comprises of:
79 Long street Shop- Covering approximately 90m2 currently occupied by Absolute Angling Centre on a long lease at a passing rent of ?10,400 per annual.
79A Long Street - Three self-contained apartments to the first and second floor of the building on Assured Shorthold tenancies and generating total annual rent of ?24,000

79A Long street - First floor consists of two self-contained apartments of approximately 35m2 each and comprising; entrance hallway, kitchen, lounge/ diner, bedroom and ensuite.
Second floor consists of one self-contained apartment of approximately 70m2 and comprising; entrance hallway, open plan lounge/kitchen/diner, bedroom with ensuite bathroom. In addition there is a mezzanine sleeping area accessed via fixed ladder from the hallway.

Each unit benefits from gas central heating and Upvc double glazing and are metered individually. The property has recently benefitted from electrical upgrades as well as a full fire alarm system upgrade. In addition the property has been repainted inside and out and carpets replaced in communal areas.

The building is ideally situated in the centre of Middleton centre. Within walking distance from local shops, supermarkets, transport links and close by to motorway links.


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Stamp Duty tax
These figures are estimates and are provided for guidance only
£7,500
Mortgage and legal costs:
£999
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Property details

£575,000

property for sale

Long Street, Manchester, M24
Clarke & Co Estate Agents are delighted to bring to the market this mixed commercial/residential use building situated on Long Street, Middleton, close to the town centre and offering an excellent investment opportunity.

The property comprises of:
79 Long street Shop- Covering approximately 90m2 currently occupied by Absolute Angling Centre on a long lease at a passing rent of ?10,400 per annual.
79A Long Street - Three self-contained apartments to the first and second floor of the building on Assured Shorthold tenancies and generating total annual rent of ?24,000

79A Long street - First floor consists of two self-contained apartments of approximately 35m2 each and comprising; entrance hallway, kitchen, lounge/ diner, bedroom and ensuite.
Second floor consists of one self-contained apartment of approximately 70m2 and comprising; entrance hallway, open plan lounge/kitchen/diner, bedroom with ensuite bathroom. In addition there is a mezzanine sleeping area accessed via fixed ladder from the hallway.

Each unit benefits from gas central heating and Upvc double glazing and are metered individually. The property has recently benefitted from electrical upgrades as well as a full fire alarm system upgrade. In addition the property has been repainted inside and out and carpets replaced in communal areas.

The building is ideally situated in the centre of Middleton centre. Within walking distance from local shops, supermarkets, transport links and close by to motorway links.