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Trellows Investments

Portfolio – Melbourne Street Stalybridge Greater Manchester SK15

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.com
investments.trellows.com

#investments #developments #residentialdevelopments #residentialinvestments #trellows #trellowsinvestments

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