Available
house
Commercial Property for auction in Manchester
Property Description
Description
A modern industrial investment opportunity let to an established single tenant by way of a 6-year lease until 15 March 2031 at an initial rent of £25,000 per annum, rising to £27,500 per annum from 16 May 2026, representing a gross yield of 9.16% based on the guide price.
The property comprises a versatile light industrial building situated on a generous plot within a residential area. The building extends to approximately 218 Sq M (2,347 Sq Ft) and benefits from excellent natural light via roof lights, an internal office, and W/C. Access is provided by a pedestrian door and a loading ramp with a roller shutter. The attached office block features a separate entrance, two offices, a reception area with a service hatch, and W/C. A secure gated yard surrounds the entire unit, ensuring easy access to all elevations.
Alma Street Works is situated off Meadowcroft, which is accessed via Alma Street and Ainsworth Road (B6292). The site is ideally positioned for access to Radcliffe town centre, just 1 mile to the south, and offers excellent transport links being located just 3.5 miles from Junction 17 of the M60 motorway and 3.3 miles from Bury town centre.
Providing a robust income stream, with a security deposit held by the landlord, the property also offers future development potential, subject to obtaining the necessary consents.
Site Area
Approximately 0.095 Hectares (0.234 Acres)
Tenure
Freehold
Planning
For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Bury Council, Town Hall, Knowsley Street, Bury, BL9 0SW. Tel: 0161 253 5000. Email: development.control@bury.gov.uk
Occupancy
Commercial investment
General
Tenure
We understand the property is held freehold under title no&apos
s MAN142991 and MAN248892.
A modern industrial investment opportunity let to an established single tenant by way of a 6-year lease until 15 March 2031 at an initial rent of £25,000 per annum, rising to £27,500 per annum from 16 May 2026, representing a gross yield of 9.16% based on the guide price.
The property comprises a versatile light industrial building situated on a generous plot within a residential area. The building extends to approximately 218 Sq M (2,347 Sq Ft) and benefits from excellent natural light via roof lights, an internal office, and W/C. Access is provided by a pedestrian door and a loading ramp with a roller shutter. The attached office block features a separate entrance, two offices, a reception area with a service hatch, and W/C. A secure gated yard surrounds the entire unit, ensuring easy access to all elevations.
Alma Street Works is situated off Meadowcroft, which is accessed via Alma Street and Ainsworth Road (B6292). The site is ideally positioned for access to Radcliffe town centre, just 1 mile to the south, and offers excellent transport links being located just 3.5 miles from Junction 17 of the M60 motorway and 3.3 miles from Bury town centre.
Providing a robust income stream, with a security deposit held by the landlord, the property also offers future development potential, subject to obtaining the necessary consents.
Site Area
Approximately 0.095 Hectares (0.234 Acres)
Tenure
Freehold
Planning
For any pre-application advice, interested parties should consult directly with the Local Planning Authority: Bury Council, Town Hall, Knowsley Street, Bury, BL9 0SW. Tel: 0161 253 5000. Email: development.control@bury.gov.uk
Occupancy
Commercial investment
General
Tenure
We understand the property is held freehold under title no&apos
s MAN142991 and MAN248892.
Property Features
- Commercial investment opportunity
- Producing £27,500 per annum
- Let to established business until 2031
Available
£300,000+
Guide price — final price set at auction
Alma Street Works
Meadowcroft, Manchester
Lancashire M26 4JP, Greater Manchester M26 4JP
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