Summary - 33, BACK PICCADILLY M1 1HP
1 bed 1 bath Commercial Property
**Standout Features:**
- Prime freehold public house investment in Manchester's Northern Quarter
- Currently let to M1 1HP Ltd with a 20-year lease expiring in July 2043
- Annual rent: £66,950, subject to five-year market reviews and RPI adjustments
- Total property size: 1,133 sq ft, arranged over four levels (basement to second floor)
- Located in a vibrant, multicultural area with low crime rates and excellent amenities
- Ideal for investors seeking a reliable income stream in a bustling urban location
**Summary:**
Discover the potential of 'The Rat & Pigeon,' a prominent freehold public house located in the heart of Manchester's Northern Quarter. This large, three-story Victorian corner building features an open-plan ground floor that accommodates up to 50 customers, alongside additional spaces for entertainment and gatherings on the upper floors. Currently under a long-term, secure lease, it generates a steady rental income, making it an attractive investment opportunity.
With the area’s rich cultural scene and close proximity to popular chains and local amenities, this property is ideal for both seasoned investors and those looking to step into the vibrant Manchester property market. While the remaining lease duration may pose challenges for mortgage lending, the growth potential and unique character of this establishment can stimulate your imagination and aspirations in this rapidly evolving neighborhood. Don’t miss out on a chance to secure a valuable asset in one of Manchester’s most sought-after locations!
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