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Cobden Street, Salford, M6 6NA

£525,000


Full Details

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.

Location
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.

Accommodation
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 achieving £6500 per annum - awaiting information on lease terms.
Cafe achieving £5200 per annum - lease has now ended.
Metal fabrication workshop achieving £1920 per annum – vacating soon, date to be confirmed.
Storage unit achieving £3120 – vacating the end of August 2018.
Garage 1 – vacant
Garage 2 - vacant

Terms
The property is freehold.

Purchase price
£525.000

Business rates
Please make your enquiries to Salford Council.

Legal costs
Each party to bear their own legal costs.

Viewings
Please contact Hyde Estate & Letting Agents on 0161 - 773 4583 or sales@hydepartners.com

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