£799,950
Property for sale
Property photos
Sold STC
Freehold
£799,950
(£133.32/sq. ft)
Property for sale
Bank House Studios, Warwick Street, Prestwich M256,000 sq. ft
Local area information
Property location
Nearby amenities
- St Mary's Church of England Aided Primary School, Prestwich 0.2 miles
- Prestwich Arts College 0.3 miles
- Clifton (Manchester) 1.3 miles
- Swinton (Manchester) 2.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Rare commercial investment opportunity
- Prestwich village location
- Approx 6,000 sq foot
- Parking
- Immediate income-generating opportunity of approximately £111,780 per annum.
Rare Investment Opportunity in Prestwich M25 – Bank House Studios
An exceptional opportunity to acquire a prominent, income-generating commercial building in the heart of Prestwich. Bank House Studios is offered for sale at £799,950, presenting a strong and attractive return for investors.
The property currently produces £7,315 per month (£87,780 per annum), equating to a 10.97% gross yield and 8.58% net yield after running costs.
There is clear asset management potential, with income set to increase to £9,315 per month (£111,780 per annum) once the vacant unit is let and the top floor rent review is implemented. This would enhance returns to an impressive 13.97% gross yield and 11.58% net yield.
Bank House Studios is a well-established hub for a variety of independent businesses, including personal trainers, chiropodists, Pilates studios and specialist retailers, providing a diverse and resilient tenant mix.
Ideally positioned just behind Prestwich Village, the property benefits from excellent visibility, strong footfall and convenient parking provisions, making it highly attractive to both tenants and their customers.
This is a rare chance to secure a high-yielding commercial investment in one of Greater Manchester’s most desirable and thriving locations. Early enquiry is highly recommended.
An exceptional opportunity to acquire a prominent, income-generating commercial building in the heart of Prestwich. Bank House Studios is offered for sale at £799,950, presenting a strong and attractive return for investors.
The property currently produces £7,315 per month (£87,780 per annum), equating to a 10.97% gross yield and 8.58% net yield after running costs.
There is clear asset management potential, with income set to increase to £9,315 per month (£111,780 per annum) once the vacant unit is let and the top floor rent review is implemented. This would enhance returns to an impressive 13.97% gross yield and 11.58% net yield.
Bank House Studios is a well-established hub for a variety of independent businesses, including personal trainers, chiropodists, Pilates studios and specialist retailers, providing a diverse and resilient tenant mix.
Ideally positioned just behind Prestwich Village, the property benefits from excellent visibility, strong footfall and convenient parking provisions, making it highly attractive to both tenants and their customers.
This is a rare chance to secure a high-yielding commercial investment in one of Greater Manchester’s most desirable and thriving locations. Early enquiry is highly recommended.
Floor plans and tours
Floor plans (4)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Homedaze Estate Agents
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