509-511 Bury New Road, Prestwich, Manchester, Lancashire M25 3AJ

A freehold commercial property located in Prestwich, comprising approximately 8,233 sq. ft. across three floors. The ground and lower ground floors are currently let to a cabaret bar and restaurant on a 10-year lease, which commenced on 14 November 2023 and will expire on 13 November 2033, generating a current income of £35,000 per annum, increasing to £40,000 per annum from November 2028. The first floor, measuring 3,399 sq. ft., is vacant and features an open-plan layout with a dedicated front entrance, offering potential for various commercial uses. The estimated achievable market rent for the first floor is £20,000 per annum, with potential for up to £30,000+ per annum if modernized. The property is situated on Bury New Road, a key commercial route in Prestwich Village, with high foot traffic and excellent transport links, directly opposite a Marks & Spencer Foodhall and surrounded by a mix of national retailers, independent bars, restaurants, and professional services.