105-107 Lapwing Lane Didsbury Manchester M20 6UR
• Didsbury is a thriving, affluent and prosperous south Manchester suburb. • Located in a strong retail terrace fronting Lapwing Lane. • Prominent retail unit and two residential flats above with vacant possession. • Situated directly opposite West Didsbury Tram Station and Northern Tennis Club and close to Pizza Express.
Retail / Residential Freehold Vacant Possession
105-107 Lapwing Lane
Property Summary LOCATION
ECONOMY
SITUATION
DESCRIPTION
Manchester has an urban population of approximately 136,000, increasing to over 780,000 within 10 km (6 miles) and 1.86 million within 20 km (12.5 miles). Didsbury has an immediate population of 14,000 and is both an affluent south Manchester suburb and one of the most sought after residential locations in Greater Manchester.
Manchester is the acknowledged commercial and administrative capital of the North of England, with Greater Manchester comprising the largest subregional economy outside of London and the South East.
The property occupies a prominent position in a well known retail parade fronting Lapwing Lane, close to its junction with the B5167. The property is located directly opposite the West Didsbury tram station and the Northern Tennis Club.
105-107 Lapwing Lane comprises a prominent double fronted retail shop providing ground floor retail accommodation and basement ancillary.
Didsbury is located approximately 8 km (5 miles) south of Manchester city centre and 5 km (3 miles) north west of Stockport.
105-107 Lapwing Lane
Didsbury has a vibrant local economy, benefiting from its close proximity to Manchester City Centre and Manchester Airport, one of the main economic drivers behind the relative affluence of the south Manchester conurbation.
Retail and leisure operators represented nearby include The Royal Bank of Scotland, Pizza Express, Wine and Wallop, Post Office, Didsbury Kitchen and Fusion deli.
There are two flats above the retail accommodation which are accessed from the rear of the premises. Both provide first and second floor accommodation with three good sized double bedrooms, a bathroom, kitchen and a spacious lounge area to the front of the property.
A5
MS WIL
10 3
LADYBARN PARK
WITHINGTON
LOW RD
LA IN PW G LN
RD
WEST DIDSBURY
PA
LA
KIN GSW
TI NE
AY
FOG LANE PARK
Communication SALFORD
A34
BURNAGE
A6 MANCHESTER
ROAD
A6010 A635
MEDIA CITY
M57 A56 A57
HULME
OLD TRAFFORD
A34
A5103
Didsbury has excellent transport communications, being served by the A34(T) dual carriageway. Junctions 3, 4 and 5 of the M60 orbital motorway, together with Junction 1 of the M56 motorway, are approximately 1.6 km (1 mile) to the south of Didsbury.
FO
OX
RAIL
RD
A56
RD
RETFORD A5145
CHORLTON
East Didsbury railway station provides a regular, direct service to Manchester Piccadilly (fastest journey time of 15 mins).
A6010
A6010
A6 A5103
TRAM
DIDSBURY
A5
14
A34
5
PA
LA
TI N
E
RD
M60
BURNAGE
Manchester’s Metrolink tram system is one of the country’s most successful urban transport networks. AIR M60
Manchester Ringway International, one of Europe’s STOCKPORT fastest growing airports, is located approximately 6 km (4 miles) south of Didsbury.
Situation
Description
The property occupies a strong trading position fronting Lapwing Lane close to its junction to the B5167, which provides a direct route to Manchester City Centre to the north and a route to the M60 to the south.
The property is brick built with a pitched slate covered roof, providing a double fronted well-configured ground floor retail unit with an ancillary basement area and access to a rear yard. There are two self-contained flats to the first and second floors which also benefit from a yard area to the rear
The retail parade is easily accessed with parking to the front of the unit along with a bus stop and taxi rank. West Didsbury tram station is located to the other side of the road offering regular services to Manchester City Centre to the north and East Didsbury to the south east. National operators in the immediate vicinity include Pizza Express, Royal Bank of Scotland, Post Office and The Greenfinch Public House (Marstons). With well-known local operators including Wine and Wallop, Didsbury Kitchen, Fusion Deli, Sterling Pharmacy and Didsbury Food & Wine. Sat Nav Ref: M20 6UR
105-107 Lapwing Lane comprises a prominent double fronted retail shop with a large well configured sales area, office and ancillary space to the rear with direct access to a rear yard for loading purposes. There is a large basement with direct access from the ground floor sales area. The premises were previously two separate retail units which have been amalgamated into one. There is potential to sub-divide back into two units if required. There are two flats above the retail accommodation which are accessed from the rear of the premises: 105a Lapwing Lane has recently been refurbished and provides first and second floor accommodation with three good sized double bedrooms, a bathroom, kitchen and a spacious lounge area to the front of the property. 107a Lapwing Lane is similar in layout to 105a and also benefits from three bedrooms, bathroom, kitchen and lounge.
105-107 Lapwing Lane
Accommodation Area Sq.Ft
Notes
GF: Basement:
1,750 559
Double fronted retail unit, potential to split into two separate units.
Residential Flat
First: Second:
661 467
3 bedrooms, bathroom, lounge and kitchen.
Residential Flat
First: Second:
674 468
3 bedrooms, bathroom, lounge and kitchen.
1
35
105a Lapwing Lane
Bank
12
107a Lapwing Lane
16
Floor
Retail
15
Use
105-107 Lapwing Lane
10
Address
31
18
97
25
PO
21 20
5 11 24
117
26
22
18
105-107 Lapwing Lane
Further Information TENURE
VAT
PROPOSAL
Freehold with vacant possession.
VAT is applicable to the property.
RATEABLE VALUE
COUNCIL TAX BAND
According to the 2010 Rating List the Ratable Value for the ground floor and basement property is £35,250.
Flat 105 is currently Band C Flat 107 is currently Band D
We are seeking offers in excess of £875,000 (Eight Hundred and Seventy Five Thousand Pounds) subject to contract and exclusive of VAT for our client’s freehold interest in the property.
Contact Russell McGill
[email protected] Jonathan Thompson
[email protected] Lambert Smith Hampton Manchester M3 3HF Tel:
0161 228 6411
Misrepresentation Act 1967. Unfair Contract Terms Act 1977 The Property Misdescriptions Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to rely. Neither the agent nor any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. Oct 2015. 90degrees.com 0161 833 1890