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Palatine Road, Northenden, Manchester

Guide price £325,000

A RARE MIXED USE INVESTMENT OPPORTUNITY IN THE HEART OF BUSTLING NORTHENDEN VILLAGE. 8% Yield - offered for sale is this tenanted retail/ restaurant to the ground floor with 2 self contained duplex apartments above. Strictly for sale as a whole, this is an excellent opportunity generating a attractive yield. Collectively the premises is currently generating in excess of £26,000 per annum with tenants in situ, representing an 8% gross yield.

Ground Floor: Restaurant premises covering 1,620 sq ft with a lease agreed until 31st July 2022. The commercial space is currently generating a rental of £1,124.99 pcm. (£13,499.88 p.a)

Flats: Both units are duplex flats comprising; living room, kitchen, two well proportioned bedrooms and bathrooms positioned on the second floor. Both flats are currently tenanted on a rolling agreement generating £525 pcm each. (£12,600 p.a)

Contact Julian Wadden Didsbury on 0161 434 4311 for further information and viewing appointments.
ROOM DIMENSIONS Room Dimensions

GROUND FLOOR RESTAURANT PREMISIS

2 SELF CONTAINED DUPLEX APARTMENTS

EXTERNAL ACCESS

SECURE SHARED ENTRANCE FOR FLATS

PRIVATE HALLWAY

KITCHEN (5.41m x 2.59m max)

LOUNGE/ DINER (4.01m x 2.97m)

MASTER BEDROOM (3.56m x 3.12m)

BEDROOM 2 (2.92m x 1.96m)

SECOND FLOOR LANDING

BATHROOM (3.51m x 3.00m)

Please note these particulars have been prepared as a general guidance only. A survey has not been carried out, nor services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. Floor plans are for guidance and illustration only and may not be to scale. Neither Julian Wadden & Co, nor the vendor, accept any responsibility in respect of these particulars and if there are any matters likely to affect your decision to buy please consult your legal representative.

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