WHOLE BUILDING TO LET – 11 SELF CONTAINED APARTMENTS – IDEAL FOR SERVICED ACCOMMODATION / CORPORATE LETS

Available / For Let

£130,000 pa

Eccles New Road, Salford, M5 4QQ

12 Bedrooms
11 Bathrooms
11 Reception Rooms

Property Description

C & R City are delighted to bring to the market a rare and exciting opportunity to secure a long-term lease on an entire block of 11 self contained apartments in a highly sought-after Salford location. Ideally suited to an established serviced accommodation operator, corporate accommodation provider, relocation company or experienced residential property business. With 11 self-contained apartments under one roof, the building offers an operator the opportunity to secure a substantial portfolio through one long-term lease, rather than taking individual units separately.

The development benefits from an excellent location with strong connectivity to some of Greater Manchester's key employment, education and leisure destinations including:

-Short walk to tram services, providing direct access to Manchester City Centre, MediaCity and Salford Quays

-Close to the University of Salford

-Convenient access to Manchester City Centre

-Excellent potential for corporate and business accommodation

-Attractive location for contractors, professionals and relocation stays

-Excellent transport links to the wider Greater Manchester area

The combination of location, apartment configuration and refurbishment makes this an exciting proposition for an operator looking to establish or expand a serviced accommodation portfolio in the Manchester/Salford market.

The building comprises 11 apartments in total:

1 x Two-Bedroom Apartment

Spacious open-plan living/kitchen area, two double bedrooms and separate shower room.

7 x One-Bedroom Apartments

Generously proportioned apartments comprising open-plan living/kitchen areas, double bedroom and shower room.

1 x One-Bedroom Apartment with Mezzanine

Open-plan living/kitchen area, double bedroom, additional mezzanine space with potential to be utilised as a second sleeping/working area, and shower room.

2 x Studio Apartments

Open-plan living, kitchen and bedroom area with separate shower room.

Each apartment has been renovated to a high standard, creating modern, comfortable accommodation suitable for today's professional and corporate occupier. For an experienced operator, the opportunity to take control of an entire refurbished building in one of Greater Manchester's strongest rental markets is rare and should not be overlooked.

Early viewing is strongly recommended to fully appreciate the scale, quality and potential of this opportunity.

Property Information

Reference number CHS-GN510EUE0F
Admin fees TENANT FEES SCHEDULE SIGNED ON OR AFTER 1 JUNE 2019 Holding Deposit (per tenancy) - 1 week's rent This is to reserve a property. IMPORTANT NOTE: this will be withheld if any relevant person (including any guarantor (s) withdrew from the tenancy, fail a Right to Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and or Deed of Guarantee) within 15 calendar days (or other deadlines if the Agreement as mutually agreed in writing) Security Deposit (per tenancy) - 5 week's rent (Rent under £50,000 per year) This covers damages or default on the part of the tenant during their tenancy. Security Deposit (per tenancy - 6 week's rent (Rent £50,000 or over) This covers damages or default on the part of the tenant during their tenancy. Unpaid rent Interest at 3.0% above the bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: this will not be levied until the rent is more than 14 days in arrears. Lost Keys (s) or other security Device (s) Tenants are liable to the actual cost of replacing any key (keys) or other security device (s). if the loss results in locks needing o be changed, the actual cost of a locksmith, new lock and replacement keys for the tenant, landlord, Agent and any other person requiring keys will be charged to the tenant. Company Application fees £ 265.00 Copy Documents £ 25.00 Variation of Contract (Tenant request) £50 (inc VAT), per agreed variation To cover the cost associated with taking landlord's instruction as well as the preparation and execution of new legal documents. Change of Sharer (Tenant's request) £50 (inc Vat), per replacement tenant To cover the cost associated with taking landlord's instruction, new Tenant referencing and Right to Rent checks, deposit registration as well as the preparation an execution of legal documents. Early Termination of Agreement (Tenant request) Should the tenant wish to leave their contract early, they shall be liable to the landlord's cost in re-letting the property as well as all the rent due under the tenancy until the start of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy. Advertising cost currently are £450 + VAT (£540.00). Redress scheme provided by: The Property Ombudsman Client Money Protection provided by: Client Money Protect CMP003860
Property Type Block Of Flats
Furnishing Unfurnished
Letting classification Long Let

Features

Whole building opportunity

11 self-contained apartments

Ideal for serviced accommodation & corporate lets

Long-term lease available

High-specification throughout

Direct tram connections to Manchester City Centre

Easy access to MediaCity & Salford Quays

Close to the University of Salford

Early viewing highly recommended

Location

Value My Property

£130,000 pa

Property Description

Property Information

Features

Location

City Point 2, 156 Chapel Street, Manchester, M3 6BF

[email protected]

0161 227 9990 option 1

54 Meridian Square, Stretford Road, Hulme, Manchester, Greater Manchester, M15 5JH

[email protected]

0161 227 9990 option 2

City Point 2, 156 Chapel Street, Manchester, M3 6BF

[email protected]

0161 227 9990 option 3