Oldham Road, Middleton, Manchester, M24 2DN
£100,000
  • Ground and First Floor Retail Premises
  • Offers Over £90,000
  • Prime Location on Busy Main Road
  • Rental Income: £7,800 pa
  • Good Reversionary Value
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).
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