Lot No. 1

**SALE BY AUCTION** – A Freehold Mixed-Use Investment Producing £86,400 Per Annum.

**For Sale By Public Auction – To inspect the legal documents for this property, please visit our website to download the legal pack.**

Description: The property comprises a substantial freehold mixed-use investment consisting of a ground floor commercial unit with three self-contained residential maisonettes above. The property is fully let, producing a total rental income of £86,400 per annum, and offers an excellent investment opportunity with long-term income.

Income

• Ground Floor Commercial Unit: Let at £3,000 per calendar month (£36,000 per annum) on a 25-year lease, recently renewed following the expiry of the previous 25-year lease.
• Two 3-Bedroom Maisonettes: Let at £1,500 per calendar month each (£36,000 per annum combined).
• One 2-Bedroom Maisonette: Let at £1,200 per calendar month (£14,400 per annum).

Total Rental Income: £86,400 per annum.

Location: The property is situated at 197–201 Clarendon Road, Manchester, M16 0EH, in a well-established mixed-use area close to local shops, schools and public transport, with convenient access to Manchester City Centre.

Accommodation

Ground Floor

• Commercial Retail Unit

First & Second Floors

• Two 3-Bedroom Maisonettes
• One 2-Bedroom Maisonette