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Commercial development for sale

Malone House Basement and Ground Rents, Oldham
Auction
Commercial development
Added < 14 days

Features and description

  • To be sold under auction terms
  • Great investment opportinuty
  • 5 freehold ground rents & cellar
  • Great return

TO BE SOLD BY ONLINE AUCTION ON 22ND-23RD APRIL UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS

Malone House Basement, 4x Ground Rents and 1x ground rent of 73F Talbot road, Hyde

This opportunity comprises five freehold ground rent investments secured against five separate leasehold titles. The portfolio includes a ground rent of £250 per annum from 73F Talbot Road in Hyde, alongside four ground rents of £100 per annum each from Malone House on Warrington Street.

In addition to the ground rents, the offering includes a vacant cellar with its own roadside access and presents potential for conversion or additional income, subject to obtaining the necessary permissions and consents. The properties are not for sale. Refer to the online legal pack for the full title information.

With secure returns already in place and the opportunity to enhance income, this lot represents a straightforward and appealing investment proposition.

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About this agent

Edward Mellor - Auction
Edward Mellor - Auction
65-81 St Petersgate Stockport, Cheshire SK1 1DS
0161 219 8534
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