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535 Barton Ln 6,985 sq ft 100% Let Retail Property Manchester M30 0HY £580,000 (£83.04/sq ft) 9.30% Net Initial Yield
Investment Highlights
- Strong transport links
- Car park
- Easily accessible from the city centre
Executive Summary
An opportunity to acquire a high-yield mixed-use investment on Barton Lane, the building is fully let and generates a robust income of £54,000.00 per annum through a strategic mix of tenancies. The property comprises of ground & lower ground (Units A & B) which is a well-established public house and a professional takeaway kitchen, and the second and third floor comprised of two modern, high-spec duplex apartments with both units secured on 12-month tenancies at £1,000 PCM each a total of £24,000 total per annum.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
6,985 sq ft
Costar Property Class
C
Year Built
1960
Price
£580,000
Price per sq ft
£83.04
Yield
9.30%
NOI
£53,940
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
1 1
Nearby Major Retailers
1 of 12
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535 Barton Ln
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