Summary - 449A BURY NEW ROAD PRESTWICH MANCHESTER M25 1AF
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- End-terraced commercial building with three self-contained units
- Significant recent renovations across all units (2022-2024)
- High-traffic location in vibrant Prestwich Village
- Multiple income streams with long-term leases:
- 449 Bury New Road: £25,000 pa (Bargain Booze)
- 449a Bury New Road: £15,000 pa
- 2 Sherbourne Street (modern bar/restaurant): £22,000 pa
- Excellent accessibility to M60 motorway and Metrolink
**Property Summary:**
This exceptional multi-tenanted commercial property, positioned prominently at the intersection of Bury New Road and Sherbourne Street in the heart of Prestwich Village, presents an outstanding investment opportunity. Spanning approximately 5,000 square feet, this end-terraced building boasts three fully renovated units: a corner retail space, a hospitality-oriented area with an inviting open-plan layout, and a versatile first-floor unit well-suited for restaurant or bar use.
The property benefits from a prime location on a bustling high street, opposite the upcoming Prestwich Village regeneration project, ensuring continued growth and high foot traffic. With established tenants generating robust rental income through long-term leases, this property stands as a reliable asset for both seasoned investors and those looking to enter the market.
While the current lease agreements provide secure cash flow, potential buyers should be aware that the lease terms for certain units have around 9 years remaining, which could influence mortgage lending options. This vibrant location combined with the property's modern renovations and multiple revenue streams offers an appealing prospect for growth and value-add opportunities. Don’t miss out on this chance to invest in a property that promises both immediate returns and future flexibility!
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