Services
We understand that mains electricity, gas, water, and
drainage connections are available.
Energy Performance
Certificate available on request.
Leases and Rents
The property is currently let.
Shop No 210 & Flat No 210A 7 year lease effective 14 June
2022 with annual rent reviews and a current passing
rent of £25,800/annum.
Shops No 212 & 214 7 year lease effective 22 February 2022
with 3 year rent reviews and a current passing rent of
£20,400/annum.
Flat No 212A 6 month AST from 15 February 2024 with
the tenant still in occupation at a passing rent of
£8,400/annum.
Flat No 214A 6 month AST from 28 February 2024 with
the tenant still in occupation at a passing rent of
£8,400/annum.
Further details on application.
Sale Price
£750,000 reflecting a gross initial yield circa 8.4%
Anti Money Laundering
Under Anti Money Laundering Regulations interested
parties will be required to provide identification
documents and source of funds.
FOR SALE
RETAIL & RESIDENTIAL INVESTMENT
4,060 sq. ft (377 sq. m)
- Substantial fully let property recently refurbished
- Main road fronted
- Fully let generating £63,000/annum
- Gross initial yield circa 8.4%
First and Second Floor Flats 210A FLOOR PLAN
Description
A substantial three storey middle of terrace mixed retail
and residential property of brick construction under a
pitched slate roof.
Comprising three shops at ground floor level currently
trading as a carpet and flooring suppliers which has a
substantial display frontage to Ashton Road. The
upper floors incorporate three well-appointed 2 bed flats
arranged over first and second floor levels.
The ground floor and upper floors are separately
occupied and accessed.
Location
Fronting Ashton Road in the Hathershaw district of
Oldham in a very well established densely populated
residential and commercial area.
Nearby others include a Post Office, Cake Box and a
number of traders including barbers, butchers and
restaurants serving the local community.
Floor Size
The property in total extends to a gross internal floor area as follows:
Ground Floor Shops:
| Area | SQ.FT | SQ.M |
| No 210 | 807 | 75 |
| No 212-214 | 1,294 | 120 |
| Total | 2,101 | 195 |
First and Second Floor Flats:
| Area | SQ.FT | SQ.M |
| No 210A | 549 | 51 |
| No 212A | 721 | 67 |
| No 214A | 689 | 64 |
| Total (Shops and Flats) | 4,060 | 377 |
Viewing
By prior appointment.
Mark Warburton Chartered Surveyors
E: mark@mwproperty.co.uk
M: 07769 970244
