Hyde Estates are pleased to offer this freehold investment opportunity. Gordon House is a traditional brick built, detached building arranged over three floors, approximately 5941.68ft2. Occupied by four independent businesses with further units and a yard. The ground floor accommodates an established cafe, metal fabricators and lower level storage units. The entire first floor is occupied by a modern gym facility made up of a large open gym, changing/treatment rooms and an office. The first floor has many accentuated original features such as exposed timbers, ornate cast iron columns and exposed brick walls. The property would suit a multitude of uses (subject to the usual planning). The surrounding occupiers include a mix of industrial, commercial and residential with Salford Shopping Centre only a short walk.
Gordon House is just of Broughton Road A576, this joins the A6 which is a major arterial route into Manchester City Centre. Conveniently located to the University of Salford Campus, Salford Crescent train station, Salford Shopping Centre and bus stops. Manchester’s Outer Ring Road M60 is easily accessible.
We understand the property has the following dimensions;
Ground floor; approx. 276.8m2 / 2979.45ft2
First floor; approx. 275.3m2 / 2963.30ft2
Current leases and incoming rents
Gym paying £685.00 every four weeks / £8905.00 per Annum- 7 years remaining on lease.
Cafe lease not renewed – to be marketed at £600.00pcm
Metal fabrication workshop achieving £120.00 pcm / £1440.00 per annum – rolling contract
Basement £100.00pcm / £1200.00 per annum – rolling contract
Garage 1 – £380.00 pcm / £4560.00 per annum short term lease
Garage 2 – used as storage by owner
Annual income £16,105
The property is freehold.
Please make your enquiries to Salford Council.
Each party to bear their own legal costs.
Please contact Hyde Estate & Letting Agents on 0161 - 773 4583 or firstname.lastname@example.org
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