Retail in M16 available for sale
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Retail Property for Sale near the M16, Manchester

Explore the Latest M16 Retail Properties for Sale

Retail Properties for Sale Within 5 miles of the M16, Manchester

More details for 9-11 Schofield St, Manchester - Retail for Sale

9-11 Schofield St

Manchester, M11 4RB

  • Retail for Sale
  • £425,000
  • 708 sq ft
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More details for 252 Great Ancoats St, Manchester - Retail for Sale

Asda - 252 Great Ancoats St

Manchester, M4 7DB

  • Retail for Sale
  • £2,175,000
  • 2,914 sq ft
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More details for 68-70 High St, Manchester - Retail for Sale

68-70 High St

Manchester, M4 1EA

  • Retail for Sale
  • £3,500,000
  • 5,522 sq ft
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More details for 6-14 Wilmslow Rd, Manchester - Build-to-Rent for Sale

6-14 Wilmslow Rd

Manchester, M14 5TP

  • Retail for Sale
  • £145,000
  • 500 sq ft
  • 1 Unit Available
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More details for 936-938 Stockport Road & Farm Yard – for Sale, Manchester

936-938 Stockport Road & Farm Yard

  • Mixed Types for Sale
  • £1,750,000
  • 2 Properties | Mixed Types

Manchester Portfolio of properties for Sale

Uncover excellent redevelopment potential at this prominent corner property fronting Stockport Road (A6) on the corner of Albert Road (B5093). The property is located along a busy high street in a town centre position adjacent to Levenshulme train station, enjoying access from Stockport Road, Albert Road, and Farm Yard. The building comprises substantial residential or office conversion, subject to necessary planning consents. There is also a large car park and yard area to the rear. Following a significant redevelopment, the property would suit a range of uses under the A3 use class (restaurant), including an ice cream bar, Peri-Peri Chicken, Turkish & Asian Grill, Asian Cuisine, and many more, operating under the opening times of 11 am to 2 am. The property would also be well-suited for use as a banquet hall. The property enjoys a comprehensive seating area accommodating up to 142 seats over the ground and first floor, with the first-floor function room offering up to 125 seats. The site also benefits from extensive parking provisions of up to 50 cars in the rear car park and free, council-owned parking available opposite. Having already housed a restaurant use, the property boasts two dummy waiters reaching from the kitchen to the first floor, with air-conditioning also installed throughout. Capitalise on the attractive footfall generated by the area and join a host of diverse amenities, including cafes, bars, and shops, along this busy thoroughfare. Occupiers and visitors can easily travel to the site, utilising the site's car parking provisions and excellent nearby road network, alongside greener travel options from Levenshulme train station. Reduced Guide Price Offers over : £1,750,000-00 by email (rauk2018@gmail.com)

Contact:

Kingston Estates

Property Subtype:

Mixed Types

Date on Market:

22/08/2024

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FAQs about Retail property for sale in M16

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in M16?
There are currently 1 Retail Properties available for sale near M16. These M16 Retail Property listings have an average size of. The largest available listing in M16 is. The thriving commercial centre and excellent transport links in M16 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in M16?
The average price/SF for Retail Property for sale in M16 is about. The cost per sq ft for Retail Property in M16 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in M16?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in M16?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in M16 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the M16, Manchester

With 1 retail units currently available for sale in M16, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in M16, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in M16, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in M16 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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