Call the team on 0161 925 3254 for more information
* Excellent Mixed Use Investment Opportunity **
A mixed use commercial property which is presently utilised as ground floor café and a one bedroom first floor flat - both units are presently let and achieving a combined gross yield of of £17,400, representing a healthy return approaching almost 14% based against the quoted guide price. Sited in a prominent road side position and being ideally situated being within close proximity of all local amenities and direct Manchester City Centre transport links. The ground floor comprises a café frontage with kitchen whilst the flat above (with separate entrance) offers an open plan living area/kitchen, double bedroom and shower room. * The flat internal photos are provided by the Seller and are historic in nature and provided for general guidance only whilst the cafe photos were recently taken by ourselves. Lease Length - 990 years from March 1882 Ground Rent - £1.98
Tenure
Leasehold
Energy Efficiency Rating (EPC)
Current Rating C,D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Oldham Metropolitan Borough Council - Council tax band A
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1500 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.