Iceland, 962-968 Stockport Road, Levenshulme, Manchester M19 3NN

Manchester

Back to Track Record
Sold
Iceland, 962-968 Stockport Road, Levenshulme, Manchester M19 3NN
Price £1,250,000
Rent (pa) £132,754
Yield 10%

Investment Summary

  • Prominent freehold retail investment with development potential
  • Situated in Levenshulme, a popular South Manchester suburb
  • Prominent position along the A6 Stockport Road, a primary arterial route between Manchester and Stockport
  • Total floor area of 11,247 sq ft
  • Let to Iceland Foods Ltd (guaranteed by Ice Acquisitions Limited)
  • 25-year lease from 28th February 2005, expiring on 27th February 2030
  • The tenant has exercised their break option and will vacate in 28th February 2025
  • Current passing rent is £132,754 per annum (£11.80 psf)
  • The upper floors can be converted into residential/ office accommodation with the possibility of a further lightweight floor on the roof (STP)
  • Freehold
Town Manchester
Get Directions

Interested in this property?

Contact our team for more information or speak directly with Sam Beckett.

Contact Us

Similar Properties