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Freehold Commercial Property

Freehold Commercial Property

Address

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Auction date

-

Guide price

£500,000

Type

Commercial

Tenure

Freehold

EPC Rating

B

Status

-

Auction location placehbolder

Description

A rare investment opportunity to acquire afreehold commercial propertyin Prestwich. Partly let to Icons Cabaret Bar on a 10-year lease, this significant asset spans approximately 8,233 sq. ft across three floors with an excellent location in Prestwich Village.

  • Total approx Internal Area: 8,233 sq.ft.
  • Current Passing Income: £35,000 per annum (Rising to £40,000 in 2028)
  • Estimated Fully-Optimised ERV: £65,000 to £75,000+ per annum
  • Tenure: Freehold
  • EPC Rating: B

This property represents a blend of immediate high-income generation along with potential significant value addition. It is fully equipped with a high-end commercial kitchen and modern facilities, illustrating the tenant's dedication to the location.

Last update: 30 Jun 2026

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