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53-59 School Rd

19,132 SF Retail Building Sale M33 7YF $10,445,506 CAD ($546 CAD/SF) 7.07% Cap Rate

Retail Space Lancashire Sale 53-59 School Rd, Sale, CHS M33 7YF

Investment Highlights

  • Modern purpose -built Aldi supermarket
  • Plus twin deck car park with 107 car spaces
  • Located in an affluent south Manchester suburb

Executive Summary

The property comprises a store of 19,132 sq ft (GIA) on a site of 0.65 acres. The store has been fitted out in Aldi’s standard corporate specification. Customer access is directly off School Lane or from the car park. Loading to the store is via a serviced area to the rear off John Street.
There are also five self-contained flats at first and second floor levels together with 3 self-contained ground floor retail units fronting Hereford Street which have been sold off long leasehold.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
19,132 SF
Building Class
B
Year Built
2009
Price
$10,445,506 CAD
Price Per SF
$546 CAD
Cap Rate
7.07%
NOI
$738,497 CAD
Tenancy
Single
Building Height
3 Stories
1 of 1

Nearby Major Retailers

Snap Fitness 24/7
Farmfoods
Co-operative Food
National Westminster Bank Plc
Tesco Superstore
ALDI
Caffe Nero
Everlast Gyms
Costa Coffee
Tesco
+44 161 524 0867

  • Listing ID: 34046356

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 53-59 School Rd, Sale M33 7YF

The Retail Property at 53-59 School Rd, Sale, M33 7YF is currently available For Sale. Contact Avison Young for more information.

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53-59 School Rd
+44 161 524 0867 x

53-59 School Rd

1/2

David Winterbottom

+44 161 524 0867

+44 161 524 0867

Chris Ward

+44 161 524 0867

+44 161 524 0867

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