MapOffice for sale
Features and description
- Prime Sale town centre location with high footfall
- Two ground floor retail units (one with extensive basement)
- Two self-contained residential flats
- One flat with private rear courtyard
- Fully let investment producing a 6.4% yield
- Excellent visibility and transport links (Metrolink close by)
- Strong demand for both commercial and residential lets
Prime Mixed-Use Investment – Fully Let in Sale Town Centre
An excellent opportunity to acquire a pair of mid-terraced, mixed-use properties in the very heart of Sale town centre. Offered as one combined purchase, the property delivers a diverse and reliable income stream with two ground floor retail units and two self-contained residential flats above.
One of the commercial units benefits from an extensive basement of over 1,500 sq ft, ideal for storage or ancillary use, while both shops feature prominent frontages onto pedestrianised School Road. This central location ensures excellent visibility, high footfall, and immediate access to the Metrolink and town centre amenities.
The residential flats are generously proportioned, with one enjoying a private rear courtyard, an attractive and rare feature in this setting.
Currently fully let and producing a 6.4% yield, the property offers investors immediate returns alongside long-term security. With its strong tenant demand, prominent position, and blend of commercial and residential accommodation, this is a standout investment opportunity in a thriving South Manchester town centre.
Please note we have not inspected this property.
Rooms
Location
School Road in Sale, Greater Manchester, is a bustling street that combines residential and commercial properties, making it a key part of the town. It is home to various shops, cafes, offices, and local businesses, contributing to the area's vibrant atmosphere. The road is conveniently located near Sale Metrolink station, providing easy access to Manchester city centre and surrounding areas. Additionally, the M60 motorway is within close reach, ensuring excellent transport links.
Accommodation
Offered as one combined purchase, the property delivers a diverse and reliable income stream with two ground floor retail units and two self-contained residential flats above.
One of the commercial units benefits from an extensive basement of over 1,500 sq ft, ideal for storage or ancillary use.
Tenure
Freehold. Title number GM810624.
Council Tax
We are currently awaiting confirmation of the council tax bands.
Rateable Value
76: The current rateable value is £15,500 (1 April 2023 to present).
78: The current rateable value is £13,250 (1 April 2023 to present).
Sourced from VOA.
EPC
76: Available upon request (rating C).
78: Available upon request (rating C).
76a: Available upon request (rating D).
78a: Available upon request (rating F)
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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