176-178 Elliott Street, Tyldesley, Manchester, M29 8DS

Summary

A large freehold commercial building located in Tyldesley centre with approx. 3,687 SQ FT set over two floors, plus a cellar for storage. The building is currently let as a restaurant at £18,980 per annum. The tenants have indicated they would like to sign a further long lease however there is also the option to purchase the building with vacant possession.

This is a great opportunity for the right buyer and once vacant there are opportunities to further enhance the building subject to the necessary consents. There are two doors to the front, with one leading straight to the stairs meaning that it could be converted to a separate unit or flats subject to planning. Please see the floorplan for the layout details.

Rateable value - £26,000
Rates payable - £12,974 per annum
Tenure - Leasehold (residue of 999 years left)
EPC - D

(If the rateable value is below £50,000, then the rates payable will be 49.9%.
However, if the rateable value is £13,000 or less and its your only commercial building then you could apply for 100% business rates exemption.)

Viewings are available and all interested parties can contact Pearson Ferrier on 0161 764 4440 to arrange.

Key Points