McColl's Convenience Store

Dukinfield, SK16 4JU

Available

Property Type Investment
Availability For Sale
Size 4081 sqft
Energy Performance Rating This property has been graded as C 64

McColl's Substantial Well Located Convenience Store


LOCATION

The town of Dukinfield is located within the Metropolitan Borough of Tameside in Greater Manchester, 6 miles east of Manchester city centre on the south bank of the River Tame. The town is located immediately to the south of Ashton-under-Lyme on the A627, 1.5 miles east of the M60 (Junction 23). The property is situated just off the main through road A627 on Astley Street where there are a number of other local occupiers.

KEY POINTS

  • Single storey detached convenience store located in a residential suburb of Manchester
  • Let for 16.5 years with no breaks to the excellent covenant Martin McColl Limited
  • Fixed uplifts at 2% pa throughout
  • Total current rents reserved £36,055 per annum, rising to £43,951 per annum in November 2029
  • Net initial yield of 6.25% with a reversionary yield in April 2024 to 6.9%
The property is a large single storey detached brick building under a flat roof.  The retail shop is arranged over the ground floor with large ancillary and staff accommodation to the rear.  There is a large rear access for deliveries and on street parking available in front of the unit.
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Viewing & Further Information

For further information, or if you would like to arrange a viewing, please contact our agents:

Michael Braier

020 7478 9112

CONTACT AGENT


Nick Sherling

020 7478 9113

CONTACT AGENT


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