Supermarket, Manchester, United Kingdom

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Supermarket, Manchester, United Kingdom

£960,000
£2,981 /m²
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  • Total area
    322 m²
  • Yield
    6.3 %
  • Rental rate (m²/month)
    £15
  • Built in 
    2018
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: £58,921
Tenants
  • Fully let
Transaction costs
  • Broker: 3.0 %

Retail unit on the ground floor of the building under construction.

Financial performance

The cost of the property is 960,000 £.

Absolute annual income is 60,000 £.

The current yield of 6.3%.

Tenants

The tenant is a British consumer cooperative with more than 4,000 branches in the UK. The annual turnover of the company exceeds 9 billion pounds.

The lease agreement is valid for 10 years and includes extension options for 2х5 years.

The rent is reviewed every 5 years, depending on the CPI, and may increase by 1–3%.

Transaction costs

The brokerage fee is 3%.

Location and nearby infrastructure

The property is located in the north-west of England, in Manchester.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in the United Kingdom.

You can see more supermarkets for sale in Manchester elsewhere on our website.

Statistics in Manchester

Price per m², £
3,381
Healthcare efficiency level
77
Index 77 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
45
Index 45 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 3,381.55
Apartment in a bedroom community, m² 2,567.82
Transport Price, £
Public transport, 1 ride 2.6
Monthly travel card 62.82
Taxi, 1 km 1.47
Petrol, 1 l 1.26
Food Price, £
Water, 1.5 l 1.13
Milk, 1 l 0.89
White bread, 500 g 0.98
Eggs, a dozen 2.1
Chicken fillet, 1 kg 5.05
Education Price, £
Kindergarten, per month 750.63
International school, per year 13,250.81
Health care index
Staff competence 80.73
Medical equipment 80.98
Research accuracy and completeness 71.28
Attitude towards patients 78.72
Security index
Crime rate 62.3
The risk of being robbed 54.49
The risk of car theft 54.72
The risk of break-in and property damage 64.45

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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