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Land, in Gorton Lane, £1,000,000
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Property

Gorton Lane, Manchester, Greater Manchester, M18 8EH
£1,000,000

This investment opportunity is a commercial premises in Manchester that operates as an off-licence shop with 6 self-contained apartments upstairs. Each apartment has its own bathroom and offers long-term returns. The property is in good condition, with consistently high occupancy rates, and generates a rental income of £106,500 per year. The commercial unit and six apartments are separately rented, with monthly rents as follows: Commercial Unit - £3,000pcm, Flat 1 - £1,100pcm, Flat 2 - £775pcm, Flat 3 - £775pcm, Flat 4 - £1,000pcm, Flat 5 - £1,125pcm, and Flat 6 - £1,100pcm.