Property ID : 13754638
Sold £300,000 Offers in the region of - Commercial
Situated in the heart of Moston this three storey retail and residential investment opportunity currently produces over £23000 p.a
The property comprises two ground floor retail units and 3 upper level residential apartments. The building has recently undergone refurbishment to one of the retail units and two of the apartments.
Location – The property is situated on Moston Lane at its junction with Hartley Street in the heart of Moston. Moston is a busy satellite town outside of Manchester. Demand for both commercial and residential property has been strong.
Description – The property is a substantial three floor building with two retail units on the ground floor and three apartments over the first and second floors. Access to the shops is via the front entrance on Moston lane while the apartments are accessed via a separate entrance on Hartley Street.
Accommodation – 268 and 270 Moston Lane comprise of 2 traditional retail units. 268 has recently been fully refurbished including a new shop fron and currently trades as a Polish convenience store. 270 is a nail bar and has security shutters to the front.
Tenancies – The ground floor premises are let on standard IRI leases
The apartments are let on AST agreements.
Current income is £23540 p.a
Price – Offers in the Region of £300,000 are being sought.
Tenure. – T.B.A
V.A.T – All figures quoted are exclusive of VAT.
Viewing – Through sole agents Jonathan Dines and Company