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Stand Lane, Radcliffe, Manchester, M26 1JR

£140,000


Full Details

Investment opportunity on the border of Radcliffe and Whitefield. This semi-detached commercial property is arranged over two floors with a loft and has secure gated access to the side. Electric shutter to the front with ground floor windows all having roller shutters for security.

The unit which is currently vacant has an expected rental value (ERV) of £12,000 per annum in its current form. There is potential to convert the first floor into a residential apartment subject to planning and change of use approval which would increase the annual yield. The approximate gross internal area is 102 SQ M / 1100 SQ FT.

Briefly comprising; three ground floor offices with suspended ceiling and inset panel lighting, internal hallway with understairs storage and kitchenette comprising; base unit with washbasin and mixer tap. White suite of wc and washbasin. The first floor has three further offices again with suspended ceiling and inset panel lighting , a small kitchenette with base unit and single drain stainless steel sink unit and mixer tap. White suite of two separate toilets and washbasin.

Accommodation
Ground Floor dimensions: 51 SQ M / 550 SQ FT
First Floor dimensions - 51 SQ M / 550 SQ FT
Approx gross internal area (not including loft) - Total 102 SQ M / 1100 SQ FT
(Loft for storage - measured into the eaves – 25.5 SQ M / 225 SQ FT)

Location
Situated in a high traffic area on Stand Lane on the outskirts of Radcliffe Town Centre with easy access to the local motorway network at junction 17 of the M60.

Tenure
We understand from the vendor that the property is FREEHOLD.

Usage
B1 – Offices and Workshop Businesses

EPC - E

Viewings
Strictly by prior appointment through Hyde Estate & Letting Agents.

Note
Although these details are believed to be correct, they are not guaranteed. Sizes given are approximate dimensions.

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