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Investment property in Mancetter Warwickshire with retail unit and flat near M60 and transport links

Moston, Manchester
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Investment Property in MostonInvestment Property in MostonInvestment Property in Moston
  • Freehold: £250,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Investment Property in Moston

Shop rental income £6,600 per annum with full insuring and repairing terms
Flat rental income £12,000 per annum
Shop is let by a 7 year lease from 2021 with 3 year rent reviews
Flat is currently let by way of a short hold tenancy agreement, current tenant has been in occupation for 2 years
Prominent corner unit on a very busy main road, set amidst a large residential area
Close to the M60 & to public transport links

INVESTMENT PROPERTY: MOSTON: Prominent corner unit on a very busy main road set amidst a large residential area, close to the M60 & public transport links, shop rental income £6,600 per annum with full insuring & repairing lease, flat rental income £12,000 per annum.

LOCATION
Moston is a suburb of Manchester, in Greater Manchester, England, approximately 3 miles north-east of the city centre. Historically in Lancashire, Moston is a predominantly residential area, with a population of 14,518 at the 2011 census and an area of approximately 1,300 acres. Manchester is a city in Greater Manchester, England. It had a population of over 589,000 in 2024. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west.

The property occupies a prime corner location on a very busy main road, set amidst a large residential area. This property also benefits from close access to the M60 Motorway, public transport links and high levels of both vehicular and pedestrian passing trade.

PROPERTY DESCRIPTION
Retail Unit: Prominent corner shop providing, entrance, good sized shop floor, service counter and rear storeroom.

Accommodation: Entrance to walled/covered yard, entrance, kitchen/diner, stairs leading to 1st floor with 3 bedrooms and bathroom.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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