Lot
070
Auction Ends: 26/03/2025 13:24 - Bidding opens Tuesday 25th March 10:00 AM

223-223a Great Western Street, Manchester, Greater Manchester, M14 4LG

Property Details
Location
Description
A mixed use investment opportunity comprising a ground floor retail unit and separately accessed first floor two bedroom flat. The property is let in full producing an annual equivalent rental income of £19,200p/a. Pugh & Co have not inspected the property internally but we understand the flat would benefit from some improvement works.
Location
The property fronts onto Great Western Street close to it's junction with Upper Lloyd Street and forming part of a row of retail properties in a mixed retail and residential location. Nearby and adjacent independent occupiers include a cafe, beauty salon and hardware shop. A number of facilities are available locally including sporting, educational and religious centre's. Nearby Rusholme provides a wider retail and restaurant offering whilst Manchester City Centre sits 2.5 miles to the north.
Accommodation

Pugh & Co have not inspected the property internally at this stage and the following accommodation details have been provided by the vendor;


Ground Floor:60.63 Sq M (653 Sq Ft)
First Floor:62 Sq M (667 Sq Ft)

Tenancy

223 Great Western Street:Let on a commercial lease expiring July 2028 at £900pcm
223a Great Western Street:Let on an initial 12 month AST (now holding over) at £700pcm
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 25TH MARCH AND CLOSES ON WEDNESDAY 26TH MARCH.

3. The property is entered in the 2023 Rating List as "shop and premises" with a Rateable Value of £8,100. The Rateable Value (RV) is not the amount payable.

4. The property is listed with a Council Tax assessment in Band A.

5. Energy Performance Certificate = TBC.

6. The property is offered on behalf of Joint Liquidators.

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