Property description

Commercial and Residential Investment Opportunity
Situated in a Prime Location of Prestwich.

Fairfax Road, Prestwich, Manchester M25 1AS

Offers in the region of £350,000

Clive Anthony are pleased to offer for sale a combination of commercial and residential property situated on the popular Fairfax Road in Prestwich, being close to many local amenities such as M&S, Chroma, Tesco, The Post Office, The Metrolink, Motorway Networks, Medical Centre, good local schools and Prestwich Village.

The portfolio of properties comprises of the following.

Commercial Shop
Currently let at a rental of £10,200 per annum, lease dated 23/10/12 and ends on the 23/10/2024 with a rent review on the 23/10/18. The property is Freehold, a copy of the lease can be seen on request.

Apartments
Apartment 1
Ground floor rear, own entrance, 1 bed/1 bath separate kitchen and parking currently 12mth AST
£435 pcm

Apartment 2
First floor rear. communal entrance , 1 bed/1 bath separate kitchen and parking currently being let at
£480 pcm

Apartment 3 
First floor front 1 bed/1 bath separate kitchen and parking currently tenanted 12mth AST 
£480 pcm

Apartment 4
Second floor 1 bed/1 bath separate kitchen and parking currently tenanted 12mth AST 
£480 pcm

We have been informed all the properties are Freehold.

There is a car park at the rear that is included in the sale for parking up to 4 vehicles.

Total rental income £32,700 per annum

Property Features :

• Consisting of Retail Shop and 4 Apartments
• Prime Location
• Car Parking at Rear
• Freehold
• Investment Opportunity