Property description
A prime multi-let high street retail parade in a highly sought after location, situated in the affluent South Manchester suburb of Didsbury, one of Greater Manchester’s most desirable residential locations. The property comprises and attractive parade of 7 ground floor retail units, extending to 7,094 sq ft, with additional basement and garage accommodation on a self-contained site. Additional residential apartments are located to the upper floors, which have been sold off on long leases.
The property is fully let and produces £192,230 per annum with an AWULT of 5.61 years (5.07 years to break). The leases are drafted on FRI terms through the service charge.