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£100,000 | 806 sq ftOffers over

Property for sale

Oldham Road, Middleton, Manchester

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Property
0 bedroom
0 bathroom

Property features

  • Ground and First Floor Retail Premises
  • Offers Over £90,000
  • Prime Location on Busy Main Road
  • Rental Income: £7,800 pa
  • Good Reversionary Value

Property description

Amco Commercial are pleased to market this income-producing, mid-terraced ground and first-floor retail unit.

The unit is located on Oldham Road in the busy area of Middleton.

Available for sale on a long leasehold, the property extends to approximately 75sq.m (807sq.ft).

The premises would suit an investor looking for a secure income-producing investment. The property is currently occupied by a nails, hair, and beauty salon. The ground floor retail area is a good-sized open-plan space and offers good potential for a number of different uses, subject to planning.

The first floor comprises of 4 rooms with one room housing a fully fitted bathroom suite.

Retail Zone A: 274 sqft
Retail Zone B: 88 sqft
Kitchenette/Storage: 113 sqft
1st Floor: 333 sqft

The full building is tenanted by a hair and beauty salon on a 5-year lease expiring in July 2024 with a passing rent of £8,400 p.a, reflecting a generous 8.4% field.

The property could be converted to include a 1st floor flat or to convert the entire premises back to a 2 bedroom house (subject to necessary planning).

Property information from this agent

  • Oldham Road, Middleton, Manchester
    1. Amco

      Amco Housing - Manchester

      3 Middleton Road Manchester, Lancashire M8 5DT

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      Amco Management are a well-known and respected local company who's involvement in the community stretches far beyond their obvious success in the selling and letting of properties.    Amco Management strive to provide an honest and competent service to our customers, in order to maintain our high standards and deliver what we say we will.   If you're looking to sell your property and are looking for a trusted local and professional agent you've come to the right place.    Speak to a member of the team today to discover more about our agency service.  

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