Mixed use for sale
Property description & features
- Tenure: Leasehold
* LANDLORDS / INVESTORS - DO NOT MISS OUT* RENTAL YIELD 10% £1450 PCM *
We are pleased to offer to the market by online public auction 348 Ashton Road, Oldham, which comprises as follows:
FLAT
GOOD LONG-TERM TENANT IN SITU* 30M2 * this one-bedroom flat located in an ideal location close to all local amenities and direct Manchester City Centre transport links. This property has been well maintained by the current landlord and would make an ideal purchase for any landlord to start their property portfolio and or to expand their current portfolio. The property briefly comprises, an open plan lounge & a modern fitted kitchen (15M2), a double bedroom, and shower room.
The property also benefits from double glazing and gas central heating. Perfectly located close to local amenities including a popular Tesco Express and public transport links.
COMMERCIAL PREMISES
The ground floor of the property is a trading cafe business, which is let on a three year lease commencing 14th April 2024 at a current rent of £800 pcm with provision for that to automatically increase on each anniversary of the lease at RPI + 5.9%. The premises are occupied by good reliable tenants.
The property has been priced attractively to encourage early initial interest.
Pre auction offers above the guide price will be considered and viewings are encouraged by serious prospective purchasers to appreciate the scope of the investment opportunity on offer.
Places of interest
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*DISCLAIMER
Property reference 268929. 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 provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions - Manchester.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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