£320,000
Property for sale
Property photos
Just added
Freehold
Guide price
£320,000
(£70.95/sq. ft)
Property for sale
Belle Vue Street, Manchester M124,510 sq. ft
Local area information
Property location
Nearby amenities
- All Saints Primary School 0.1 miles
- St Francis RC Primary School 0.2 miles
- Ashburys 0.3 miles
- Belle Vue 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Hyde Estates are delighted to present this substantial two-story detached freehold property. Currently operating as a successful restaurant, this versatile asset offers a rare combination of immediate high-yield income and significant future development potential (STPP).
Description
Hyde Estates are proud to present a premier investment opportunity on Belle Vue Street, Manchester, featuring a substantial two-story detached freehold property with an exceptional 15% yield. Generating a robust annual income of £48,000 (£4,000 pcm) via a 20-year Full Repairing and Insuring (Fri) lease, this asset offers immediate high-yield returns alongside significant future development potential. The expansive 4,510 sq ft interior comprises a ground-floor restaurant with a commercial kitchen and bar, complemented by a vast 51’ x 49’ first-floor function suite with independent facilities.
Externally, the property benefits from a versatile enclosed rear yard suitable for secure off-road parking or loading. Perfectly positioned for high visibility and easy access to Manchester City Centre and the M60 motorway, this is a rare chance to acquire a high-performing commercial asset on a generous plot in a prime growth area.
Investment highlights
Exceptional Yield: 15% per annum.
Annual Income: £48,000 (£4,000 pcm).
Lease Terms: 20 year Full Repairing & Insuring (Fri) lease.
Total Floor Area: Approx. 419 sq m (4,510 sq ft).
Tenure: Freehold.
EPC: Rating C.
Viewings: By appointment with Hyde Estate & Letting Agents Note: Although these details are believed to be correct, they are not guaranteed. All dimensions and lease details should be verified by legal representatives.
Description
Hyde Estates are proud to present a premier investment opportunity on Belle Vue Street, Manchester, featuring a substantial two-story detached freehold property with an exceptional 15% yield. Generating a robust annual income of £48,000 (£4,000 pcm) via a 20-year Full Repairing and Insuring (Fri) lease, this asset offers immediate high-yield returns alongside significant future development potential. The expansive 4,510 sq ft interior comprises a ground-floor restaurant with a commercial kitchen and bar, complemented by a vast 51’ x 49’ first-floor function suite with independent facilities.
Externally, the property benefits from a versatile enclosed rear yard suitable for secure off-road parking or loading. Perfectly positioned for high visibility and easy access to Manchester City Centre and the M60 motorway, this is a rare chance to acquire a high-performing commercial asset on a generous plot in a prime growth area.
Investment highlights
Exceptional Yield: 15% per annum.
Annual Income: £48,000 (£4,000 pcm).
Lease Terms: 20 year Full Repairing & Insuring (Fri) lease.
Total Floor Area: Approx. 419 sq m (4,510 sq ft).
Tenure: Freehold.
EPC: Rating C.
Viewings: By appointment with Hyde Estate & Letting Agents Note: Although these details are believed to be correct, they are not guaranteed. All dimensions and lease details should be verified by legal representatives.
More information
Listed by
Hyde & Partners
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Property descriptions and related information displayed on this page are marketing materials provided by - Hyde & Partners. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hyde & Partners for full details and further information.