Features and description

Ref 7710 – Leasehold Investment Property
Blacks Brokers are pleased to bring to the market this leasehold investment property located in Salford, Greater Manchester.
Introduction

Unit 204 Imperial Studio is a leasehold, ground floor property in this bustling and popular area of Salford. The property is located within the ground floor of Trivelles Hotel.
Location

Imperial Studio occupies a main road trading position close to The University of Salford. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as McDonalds. Salford Crescent Railway Station is close by and the area is well linked by the M60 and A57(M). Parking is available in the immediate area.
Reason for sale

The property is now offered for sale due to our client’s other business commitments overseas.
Lease

The property currently generates a rental income of £6,900 per annum, the rental has reduced significantly due to covid-19 and could be increase to the initial agreed amount with the tenant of £12,000 per annum.
Building layout and design

The studio is accessed via the hotel corridor. Inside, the studio is 21.55 square metres in size, it is open plan with toilet near the front entrance on the left hand side. Tenants also have access to communal areas such as the reception area and lobby. The hotel is fitted with CCTV inside and out.
Summary

This property occupies an enviable trading position in a highly sought after area of Salford and could accommodate any office based business with excellent access to the centre of Manchester. Early viewings are strongly advised. Business: £99,950.