6 Station Road, Urmston, Manchester, Greater Manchester

Property details

The property is located on the west side of Station Road in Urmston Town Centre. All town centre shops, bars, restaurants etc are within close proximity. Urmston Railway Station is around 100m to the north. Urmston is an increasingly popular commuter town situated approx. 5 miles south west of Manchester City Centre.

The property comprises a three storey mid terraced property with a ground floor retail unit currently occupied by a hairdressers business with a self contained 2-bed maisonette flat above accessed to the rear of the property.
The property also has a basement with 3 rooms, utilised for storage by the hairdressers business. Informally parking is available in the alleyway to the rear of the property communally for each building.

LEASE/AST
Ground Floor Shop
Let to a well established and highly popular hair salon
Lease from 6 July 2023
6 year term
Expiry 5 July 2029
3 year break subject to 3months written notice
Passing rent £14,400pa

First/Second Floor Flat
Let on an AST at £1,000pcm (£12,000pa) from 1st February 2025

Total passing rent £26,400pa

ASKING PRICE
Offers in the region of £325,000 which represents a gross yield of 8.12%.

TENURE
The property is held Freehold under title no GM299440.

Location

Manchester West, Urmston