No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in region of£1,200,000
Added < 14 days

Property for sale

Frederick Road, Salford, Lancashire, M6
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Property
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • business for sale
  • Land for development
  • Fabulous trading location
  • Outstanding location close to ammenities
Property Solutions are delighted to present this FANTASTIC INVESTMENT OPPORTUNITY of a premise comprising of a ground floor retail shops and land on the site. Located at a very demanding location of Salford University, M6. The premise is situated on a prime location and benefits from easy access to all amenities.

This is a very demanding area near the Salford University, X1 campus with 315 flats facing the property and 50 yards at the left of the property
a newly built 14-floor work in progress which is 60% completed. 300 yards away 998 Housing plan has already been in progress since last year.
The property has recently undergone a full renovation and is ready for an investor to take advantage of all the benefits which it has to offer.

1. Convenience store 2 shops at £2,250/month total
Units= 11A & 11B
1st July 2022 = 7 years till 2029

2. Frappe Café (not open yet) at £1,000/month
Unit= 11C
25th March 2022 = 7 years till 2029

3. Café/Coffee Rules Shops at £2,800/month
Units 11D & 13
24th January 2023 = 6 years till 2029

4. First Floor at £1,000/month
Unit= 11
6th March 2023 = 3 years till 2026

The total annual rental income is £84600.
Rent review 3 years from its start date and 1st floor this year.

Land on the side subject to planning.

Places of interest

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    Property reference 1022. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by PSGBN - Manchester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.