Investment Summary

49-51 School Road, Sale, Greater Manchester

  • Freehold retail investment located in an affluent Manchester suburb
  • Situated on Sale’s prime pedestrianised retail pitch adjacent to Aldi 
  • Prominent corner block with excellent return frontage leading to Tesco and M&S Simply Food
  • 4,425 sq ft (1,116 ITZA)
  • Let to Superdrug Stores Plc 
  • 5-year FRI lease expiring 23rd June 2017 
  • Current rebased rent of £37,000 per annum (£33 ZA)
  • Offers in the region of £455,000 (STC)
  • Attractive Net Initial Yield of 7.75%
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