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Retail Shop in Cheetham Hill M8 For Sale
128-128c Broughton Street, Cheetham Hill, Manchester, M8 8AN, United Kingdom
About This Property
Centrally located on the hugely popular Broughton Street. High quality floorspace. Good mix of tenant use in long- and well-established wholesale district. Current rent roll £121,000/annum. Very rare purchase opportunity. Attractive Net Initial Yield circa 7.66% and area capital growth potential. The property comprises a recently constructed small terrace of two storey wholesale showroom units of brick construction, concrete floors and pitched slate roof, with each unit having a glazed display frontage to Broughton Street. Each unit has accommodation at ground and first floor level. Two of the tenants trade as clothing wholesalers, one as an aesthetics consultant and the other a fragrance wholesaler. Located in the heart of the Cheetham Hill wholesale district.
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Your mortgage
Monthly payment
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £57,600 | £0 | £1,382,400 |
| 2 | £57,600 | £0 | £1,324,800 |
| 3 | £57,600 | £0 | £1,267,200 |
| 4 | £57,600 | £0 | £1,209,600 |
| 5 | £57,600 | £0 | £1,152,000 |
| 6 | £57,600 | £0 | £1,094,400 |
| 7 | £57,600 | £0 | £1,036,800 |
| 8 | £57,600 | £0 | £979,200 |
| 9 | £57,600 | £0 | £921,600 |
| 10 | £57,600 | £0 | £864,000 |
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