Property description

C & R Properties offer an excellent opportunity to acquire a  1076sq ft Approx. (100 Sq mtr) commercial with upper residential property in a prime location of Salford high street, situated and fronting onto Langworthy Road within close proximity to Hope Hospital, Salford university, metro link and motorway networks.

Excellent investment opportunity




The property is a ground floor retail unit offering a large sales area plus storage space and W.C.  The ground floor property is currently rented as a barber's shop with the tenant currnetly paying a monthly rental of £500 pcm subject to a rent review to £600pcm.

 

To the rear with W.c, the property offers access to a modern recently refurbished duplex apartment providing fitted kitchen on ground floor and access to the 1st floor lounge, bathroom and 2 double bedrooms. The apartment also boasts gas central heating and double glazing throughout.  The apartment is currently rented for £450pcm.

 

Ground floor retail unit 366 sq ft  (34 sq mtr) 

Duplex apartment unit   710 sq ft (66 sq mtr) 

TOTAL Approx. GIA  1076sq ft  (100sq mtr)


In detail:



COMMERCIAL ENTITY

Currently ran as a barbers shop with current monthly rental of £500pcm due to be increased to £600pcm.



Room 1 21'6' x 12'9'  (6.5m x 3.91m)

Access from Langworthy Road. Large window to front aspect. Range of power points.



Room 2 16'7' x 5'9'  (5.06m x 1.76m)

Storage space and W.C.



REDISENTIAL ACCOMMODATION

Separate entrance accessed via gated alley to rear. Split over two floors providing kitchen, lounge, two bedrooms and bathroom. Estimated rental value of £450pcm.



The property briefly comprises:



Entrance hall



Kitchen 9'5'' x 10'1' (2.88m x 3.05m)

White gloss units. Grey marble effect worktops with white tiles over, Inset stainless steel sink. Integrated electric oven and gas four-ring hob. Plumbing for washing machine. Stairs providing access to 1st floor.



Lounge 15'8'' x 12'1''(4.86m x 3.69m)

Laminate flooring. Two UPVC windows to front aspect. Radiator. Power points. Ceiling light point.



Master bedroom 13'5'' x 12'7'' (4.11m x 3.85m)

Laminate floor. UPVC window to rear aspect. Radiator. Power points. Ceiling light point.





Bedroom Two 8'8'' x 9'0''(2.56m x 1.92m)

Laminate floor. UPVC window to front aspect. Radiator. Power points. Ceiling light point.



Bathroom

Grey slate tiled floor. Beige tiled walls. UPVC window to rear. Three piece white bathroom suite consisting of low level toilet, panelled bath with chrome mixer tap and shower attachment and handwash basin with pedestal finished with chrome mixer tap.



VAT All prices, rents and outgoing costs are exclusive but may be liable for VAT.



Tenure: Freehold



Estimated Rates 2011/12

Estimated Rates 2011/12

Rateable value              £3700
Rates Payable            exempt until 30/09/2011 and then £1850

                                 *plans to make exempt until 30/09/2010*


 



 


Property Reference 105c

Property Features :

• Excellent investment opportunity
• 1076sq ft (100 sq mtr) Approx