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

A freehold commercial property located on Bury New Road in Prestwich, Manchester, spanning approximately 8,233 sq. ft. across three floors. The ground and lower ground floors are currently let to Icons Cabaret Bar 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 in a high-footfall area, directly opposite a Marks & Spencer Foodhall, and is surrounded by a mix of national retailers, independent bars, restaurants, and professional services, with easy access to the M60 motorway network. The property has an EPC rating of B.