
Prime Mixed-Use Investment – Fully Let in Sale Town Centre
*Immediate Exchange of Contracts available*
An excellent opportunity to acquire a pair of mid-terraced, mixed-use properties in the very heart of Sale town centre. Offered as one combined purchase, the property delivers a diverse and reliable income stream with two ground floor retail units and two self-contained residential flats above.
One of the commercial units benefits from an extensive basement of over 1,500 sq ft, ideal for storage or ancillary use, while both shops feature prominent frontages onto pedestrianised School Road. This central location ensures excellent visibility, high footfall, and immediate access to the Metrolink and town centre amenities.
The residential flats are generously proportioned, with one enjoying a private rear courtyard, an attractive and rare feature in this setting.
Currently fully let and producing a 6.4% yield, the property offers investors immediate returns alongside long-term security. With its strong tenant demand, prominent position, and blend of commercial and residential accommodation, this is a standout investment opportunity in a thriving South Manchester town centre.
Prime Sale town centre location with high footfall
Two ground floor retail units (one with extensive basement)
Two self-contained residential flats
One flat with private rear courtyard
Fully let investment producing a 6.4% yield
Excellent visibility and transport links (Metrolink close by)
Strong demand for both commercial and residential lets
Please note - 4,767 sq ft is approximate.
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £500,000.
Auctioneers Additional Comments - Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auctionterms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments - In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of them purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Interested in this property?
Call us on 020 3858 0695