Property for sale
Oldham Road, Middleton, Manchester>
- Ground and First Floor Retail Premises
- Offers Over £90,000
- Prime Location on Busy Main Road
- Rental Income: £7,800 pa
- Good Reversionary Value
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
Amco Housing - Manchester
3 Middleton Road Manchester, Lancashire M8 5DT
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Property reference 29535448. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Amco Housing - Manchester. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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