Flixton Road

Urmston, Manchester, M41 5AN

£325,000
  • 3
  • 2
  • 1

Property Highlights

  • Investment Opportunity
  • Part retail / Part residential
  • No onward chain
  • Central Urmston location
  • 1700 sqft / 158 sqm
  • Arranged over four floors
  • Potential gross yield 6.65% +
  • Parking and garden
  • Freehold property
  • Close to transport links

Property Summary

**INVESTMENT OPPORTUNITY** - VITALSPACE ESTATE AGENTS are pleased to offer for sale this fantastic opportunity to purchase a commercial retail unit with a spacious THREE BEDROOM property above. Located on a busy shopping parade in the heart of Urmston, this deceptively spacious property measures circa 1700 Sq ft arranged over four floors with separate access to both the residential and commercial units. The ground floor commercial premise comprises of a bay fronted retail unit currently trading as a hair dressers measuring 355 Sqft / 33 Sqm with a kitchenette and WC facilities. Separate access to the residential property can be gained via the rear with accommodation comprising of a generously sized dining kitchen on the ground floor level with stairs rising up to the first floor where a 16ft living room, two double bedrooms and a three piece shower room can be found. Stairs rise from the first floor landing to the second floor into a further double bedroom and four piece en-suite bathroom. A useful storage cellar can also be access via the ground floor. Externally, to the rear of the property there is a large enclosed, mainly lawned garden and hardstanding area alongside a detached garage. Double wrought iron gates open to provide a private parking space if required. Further benefits of this conveniently positioned property include an electric roller shutter on the commercial unit, double glazing and both the commercial and residential units benefit from separate electric supplies. Currently, the commercial property is let on a rolling month by month tenancy agreement generating a monthly return of £585. We feel there is significant scope to generate an increased income from the shop as well as renting the residential premises with an anticipated overall rental yield of 6.65%. The area of the business is very well served by the public transport system, with a bus stop directly outside the property. Urmston railway station is less than 5 minutes’ walk away. The area is also well served by the A-road and motorway networks, with the M60 being just a short drive away. Contact VitalSpace Estate Agents for further information or to arrange an internal inspection.

More Information

  • Property Status: Sold STC
  • Lease Type: Freehold
  • Local Authority: Trafford Borough Council
  • Council Tax Band: Band A

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