Investment Opportunity for Auction Manchester M21
Substantial mixed-use investment property generating an income of £24,600 per annum, with excellent potential for further development (subject to planning). The property occupies a prominent corner plot within a popular local retail parade, surrounded by a well-established and highly desirable residential area. Currently fully let, the property provides an immediate high-yielding income while also offering scope for future enhancement and value-add opportunities. Retail premises let on a five year commercial lease at £10,800 per annum. Two bedroom flat let on an AST at £13,800 per annum.
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