Freehold Ground Floor Retail Investment Producing £4,835pa
Freehold Ground Floor Retail Investment Producing £4,835pa. The sale includes the Freehold of the entire property and benefits from an income of £4,800pa/£400pcm from the Ground Floor and £35pa from the Long Leasehold interest in the First Floor. The Tenanted area briefly comprises, Shop, Kitchen, WC and Basement. To the rear is an enclosed yard. This is an ideal “starter” investment for someone looking to build a portfolio offering an excellent return as well as being a perfect addition to an existing portfolio. Being one of the main arterial roads into Ashton under Lyne has ensured a continuing strong demand for retail premises in this area.
See legal pack
Description & Tenancies
Shop Kitchen WC
Currently Tenanted at £4,800pa/£400pcm
Long Leasehold Producing £35pa.
Included with the shop is an enclosed Yard.
Energy Efficiency Rating (EPC)
Current Rating TBC
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1200 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.