Portfolio – Melbourne Street Stalybridge Greater Manchester SK15
- Off market
- Freehold
- 5 shops and 5 flats on a pedestrianised shopping district in Manchester
- Selling price £1.1m.
| No. | Area (Sq ft) | Tenants | Rent Per Annum | Lease Start Date | Lease Expiry Date | Rent Review
Date |
|
| 48 | 755 | Greggs Plc | £13,000 (fixed service charge £1,944) | 15 May 2020 | 14 May 2030 (10 years) | End of 5thyear, no break clause | |
| 50 | 767 | Limer’s Greeting Cards & Gift Shop | £9,500 | 2 September 2021 | 31 August 2031 (10 years) | End of 5thyear, no break clause | |
| 52 | 745 | Café / Coffee Shop | £13,000 | 19 August 2021 | 18 August 2031 (10 years | End of 5thyear, break clause at 5th year | |
| 54 | 720 | Bridge Nail Hairdresser | £8,400 for 5 years. £9,500 for remaining 5 years | 24 April 2021 | 23 April 2031 (10 years) | Fixed uplift after 5 years, no break clause | |
| 56 | 450 | Twin Firwood Carpet | £12,220 | 1 October 2018 | 30 September 2023 | No break clause | The owner is currently executing a brand new 10 year lease with no break @ £13,000 p/a |
| 58 (Flats) | All tenants on 1 year rolling over AST contracts | £35,700 (575 pcm x 1 flat and 600 pcm x 4 flats) | All 5 flats – rent review end of 1styear tenancy |
We will require a buy side fee.
Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
Office: +44(0)330 2236988
investments@trellows.co.uk
investments.trellows.com
#investments #developments #residentialdevelopments #residentialinvestments #trellows #trellowsinvestments