Summary - MERSEY BANK POST OFFICE, 48, MERSEY BANK AVENUE M21 7NN
1 bed 1 bath Retail Property (high street)
Prominent Mersey Bank parade unit — shop with 3‑bed flat, ripe for refurbishment or conversion.
Glazed retail frontage with security shutters and direct pavement access
Vacant possession; shop plus self‑contained three‑bed flat above
Approx. 1,427 sq ft total floor area (approx. 132.6 sq m)
Long leasehold: 999 years from 1 Oct 1930
Requires full modernisation throughout; dated heating and fittings
Small enclosed rear garden accessed from kitchen
Area shows high deprivation; affects tenant profile and rental growth
Prominent parade location, strong transport links, excellent mobile/broadband
This two‑storey mid‑terraced property on Mersey Bank Avenue combines a ground‑floor retail unit with a self‑contained three‑bed flat above, offered with vacant possession. At approximately 1,427 sq ft, the building occupies a prominent position in an established Chorlton retail parade, close to local amenities and transport links and around 5 miles from Manchester city centre.
The long leasehold (999 years from 1 October 1930) and low listed shop rateable value present a clear value proposition for investors or an owner‑occupier seeking hands‑on improvement. The unit benefits from a glazed shopfront with security shutters, an enclosed rear garden, and mains utilities connected. There is significant scope to add value via refurbishment, reinstating modern heating, or conversion of the layout to increase residential yield.
The property requires full modernisation throughout: interior fittings, heating, and finishes are dated, and the shop and flat both need refurbishment. The immediate area is classed as an urban cultural mix with social renting and young families; local deprivation levels are high, which can affect tenant profiles and rental growth. Crime is very low and transport and digital connectivity are strong, supporting retail footfall and rental demand.
This opportunity suits a buyer prepared to carry out renovation or modest redevelopment — possibilities include improving the retail frontage and refurbishing the upper accommodation, or pursuing a fuller residential conversion subject to consents. Offers are invited in excess of £180,000 for the long leasehold interest.
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