Commercial Property in Manchester
Unit 5, 30-32 Knowsley Street, Manchester M8 8HQ
- Property Type: Commercial Property
- Contract Type: Unconditional with Variable Fee
Guide Price* £295,000+ plus fees
Property Description
A modern industrial unit providing accommodation over ground, first and second floors with current rent passing of £31,200 per annum. The property is of steel portal frame construction with solid concrete floors and modern attractive clad and brickwork elevation. The building fronts Knowsley Street, Woolley Street and Camberwell Street and benefits from designated car parking to the rear. The ground floor benefits from a self-contained entrance, has been fitted to a high standard with glazed display frontage, carpeting, suspended ceilings and recessed lighting. It has also been sub-divided in part with demountable partitioning to provide showroom, storage display, office and ancillary areas. The first and second floors are accessed separately off Knowsley Street. The property has electrically operated roller shutters front and rear and a dedicated loading area at the rear. The unit is well positioned, fronting onto Knowsley Street just off the busy Derby Street at Cheetham Hill in the heart of the wholesale area. This is approximately 1 mile north from the city centre. The main A665 Cheetham Hill Road and A56 Bury New Road are close by. The area is popular with the wholesale fashion and cash and carry community. Public transport facilities include Manchester Victoria which is in close proximity. The accommodation comprises Ground Floor: Sales Area 11.93m x 8.55m Rear Storage Area 4.02m x 2.20m With access to loading bay. Held on a lease for a term of 2 years and 3-months from 1/11/2024 with rent passing of £12,000 p.a. First Floor Sales area 13.37m x 7.14m Held on a lease for a term of 3 years from 1/4/2025 £9,600 p.a. Second Floor: Sales Area 8.67m x 12.74m Let on a lease for a term of 5 years from 1/9/2024 (Next rent review due 1/9/2027) £9,600 p.a. Interested parties are advised to inspect the legal pack for more information.
Leasehold Information
999 years from 1 January 2008. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Leasehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 26th February 2026
Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
Lot Information
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