This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
53-59 School Rd
19,132 SF Retail Building Sale M33 7YF £5,860,000 (£306/SF) 7.07% Net Initial Yield
Investment Highlights
- Modern purpose -built Aldi supermarket
- Plus twin deck car park with 107 car spaces
- Located in an affluent south Manchester suburb
Executive Summary
The property comprises a store of 19,132 sq ft (GIA) on a site of 0.65 acres. The store has been fitted out in Aldi’s standard corporate specification. Customer access is directly off School Lane or from the car park. Loading to the store is via a serviced area to the rear off John Street.
There are also five self-contained flats at first and second floor levels together with 3 self-contained ground floor retail units fronting Hereford Street which have been sold off long leasehold.
There are also five self-contained flats at first and second floor levels together with 3 self-contained ground floor retail units fronting Hereford Street which have been sold off long leasehold.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
19,132 SF
Building Class
B
Year Built
2009
Price
£5,860,000
Price Per SF
£306
Net Initial Yield
7.07%
NOI
£414,302
Tenancy
Single
Number of Floors
3
1 of 1
Nearby Major Retailers
-
David Winterbottom -
Chris Ward -
Avison Young
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
53-59 School Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.