Industrial Investment Property In Radcliffe Greater Manchester For Sale

Business description

Preferred Commercial is delighted to offer for sale these industrial premises, which have been in our client's careful hands since 2009 and which are only now being offered to the market due to our client's other business commitments. The premises incorporate 3 industrial workshops, which are all let out to generate a combined rental income of £22,108 per annum. We have been advised that there is planning permission in place for 2 more industrial units, or 1 industrial unit and an extension as one tenant wishes to expand his business. There is also scope to increase the rental income from the properties. This is an ideal opportunity to acquire an investment property in a desirable location with full occupancy. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Freehold

Location:

This investment property comprises of 3 industrial units and is ideally located just off a busy main road in the town of Radcliffe, Greater Manchester. The premises benefit from ample shared parking facilities and are surrounded by a densely populated residential area. There are a number of bus routes serving the area and the Metrolink tram station is adjacent to the premises. The property is just a short walk away from the town centre, which possesses a wealth of complementary shops and businesses. The premises boast easy access to the A-road network and the M60 motorway. Radcliffe is a desirable place in which to live and is popular with commuters, due to excellent road and rail links across the region. Bury is approximately 2 miles away, Bolton lies 5 miles away and Manchester city centre is 6 miles to the south.

Premises details:

Substantial steel frame and brick premises set on an industrial estate with a spacious parking area. Briefly comprising:

Industrial Units 1,3 & 5
• Unit 1: 1275 sq ft lock-up property, leased to vehicle maintenance business
• Unit 3: 2000 sq ft lock-up property, leased to a vehicle MoT testing business
• Unit 5: 750 sq ft lock-up property, leased to structural steel fabrication business

External
• Land, which could be used for development