This freehold property presents a unique investment opportunity, featuring a diverse mix of industrial, retail, and residential units. Situated in Failsworth, Manchester, the site benefits from excellent accessibility due to its proximity to M60 Junction 22 and strong connections to public transport options.
Covering a total area of approximately 51,600 square feet, the property includes an antique centre, a café, and a fish and chip shop. Additionally, it features hardstanding yard space currently utilized as a car sales pitch. The potential for further development is significant, with plans that could accommodate an additional nine industrial units on the 0.84 acres of land located behind the existing structures.
Currently generating a net rental income of £194,000 per annum, there is forecasted potential for increased earnings up to £211,000 annually with strategic improvements and leasing adjustments. This established small industrial estate offers not only immediate income but also promising avenues for capital growth through renovation and redevelopment.
For those interested in maximizing investment returns in a well-situated area with ongoing demand for commercial space, this property warrants serious consideration. Further details regarding floor plans and income schedules are available upon request.
