£330,000
Property for sale
Property photos
Just added
Freehold
Fixed price
£330,000
(£61.38/sq. ft)
Property for sale
152 Elliott Street, Tyldesley, Manchester, Lancashire M295,376 sq. ft
Local area information
Property location
Nearby amenities
- Cambian Tyldesley School (SEN) 0.2 miles
- Tyldesley St George's Central CofE Primary School and Nursery 0.3 miles
- Atherton 1.1 miles
- Hag Fold 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Part Incoming Producing let to National Veterinary Operator
- Redevelopment opportunity for the upper floor (subject to planning)
- Easy access to A580 East Lancashire Road
- Prominent Town Centre Location
- Asset Management opportunities
- Circa 10 years term certain on the lease
The opportunity is to acquire a part income-producing investment let to a national tenant, with asset management and redevelopment potential to the upper floors. The ground floor is let to Medivet on a 15-year lease from June 2021 at a rental of £16,500 per annum. The property also benefits from self-contained first floor accommodation, currently vacant, offering conversion potential subject to the necessary planning consents.
The property comprises a substantial former bank premises arranged over basement, ground and first floors, occupying a highly prominent position within the town centre. The ground floor accommodation is demised to Medivet and provides a large reception/waiting area, consulting rooms and surgeries, fitted out to a good standard in line with its current veterinary use.
The first floor is accessed independently via Chapel Street and formerly operated as a Masonic Lodge. The accommodation includes a large open-plan meeting hall, kitchen facilities, W.Cs and a series of ancillary rooms. Whilst refurbishment works are required, the upper floors retain a number of attractive period features and present an opportunity for alternative use or redevelopment, subject to planning.
The property comprises a substantial former bank premises arranged over basement, ground and first floors, occupying a highly prominent position within the town centre. The ground floor accommodation is demised to Medivet and provides a large reception/waiting area, consulting rooms and surgeries, fitted out to a good standard in line with its current veterinary use.
The first floor is accessed independently via Chapel Street and formerly operated as a Masonic Lodge. The accommodation includes a large open-plan meeting hall, kitchen facilities, W.Cs and a series of ancillary rooms. Whilst refurbishment works are required, the upper floors retain a number of attractive period features and present an opportunity for alternative use or redevelopment, subject to planning.
More information
Listed by
Fletchers CRE
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