210-214 Ashton Road, Oldham, Greater Manchester, OL8
£203.20 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,060 sq ft
377 sq m
- SECTOR
6 bedroom mixed use property for sale
- USE CLASSUse class orders: C3 Dwelling Houses and Class E
C3, E
Key features
- Rental Income: £57,600 p.a.
- Gross Initial Yield: 6.98%
- Comprises retail shop (No.210) with self-contained 2-bed flat above (No.210A) and double fronted retail shop (No.212-214) with 2 x 2-bedroom self-contained flats above (No. 212A/214A)
- Nearby occupiers include Cake Box, Post Office, Barbers, Restaurant/Takeaways and more.
Description
Gross Initial Yield: 6.98%
Rental Income: £57,600 p.a.
VAT is NOT applicable to this property
Comprises retail shop (No.210) with self-contained 2-bed flat above (No.210A) and double fronted retail shop (No.212-214) with 2 x 2-bedroom self-contained flats above (No. 212A/214A)
Nearby occupiers include Cake Box, Post Office, Barbers, Restaurant/Takeaways and more.
Property Description:
The property comprises mixed-use parade of 2 ground floor retail shops (1 being double fronted) and 3 x 2-bed self-contained flats at first and second floor, providing the following accommodation and dimensions:
Retail Shop No.210: 75 sq m (807 sq ft)
Open plan retail, storage, office, wc
Residential Flat No.210A: 51 sq m (549 sq ft)
2-bedrooms, Kitchen/Dining, Lounge, Bathroom
Retail Shop No.212-214: 120 sq m (1,292 sq ft)
Open plan retail, storage, office, wc
Residential Flat No.212A: 67 sq m (721 sq ft)
2-bedrooms, Kitchen/Dining, Lounge, Bathroom
Residential Flat No.213A: 64 sq m (689 sq ft)
2-bedrooms, Kitchen/Dining, Lounge, Bathroom
Total Retail GIA: 195 sq m (2,100 sq ft)
Total Residential GIA: 182 sq m (1,960 sq ft)
Tenancy:
The retail shop at No.210 and flat No.210A are at present let to Individual for a term of 7 years from 14th June 2022 at a current rent of £24,000 per annum and the lease contains full repairing and insuring covenants. Rent review every year open market upward only. No breaks. Deposit held of £4,500.
The retail shop at No.212-214 is at present let to Individual for a term of 7 years from 22nd February 2022 at a current rent of £18,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 23rd February 2025 and 2028 open market upward only. No breaks.
Flat No.212A is at present let on AST to an Individual for a term of 6 Months from 15th February 2024 at a current rent of £7,800 p.a. Tenant in occupation since 2020.
Flat No.214A is at present let on AST to an Individual for a term of 6 Months from 28th February 2024 at a current rent of £7,800 p.a.
Location:
Oldham is a large town in Greater Manchester, England, amid the Pennines and between the rivers Irk and Medlock, 5.3 miles southeast of Rochdale and 6.9 miles northeast of Manchester. The property situated on the west side of Ashton Road, which is the main arterial route between Oldham and Ashton-under-Lyme. Nearby occupiers include Cake Box, Post Office, Barbers, Restaurant/Takeaways and more.
Brochures
210-214 Ashton Road, Oldham, Greater Manchester, OL8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Oldham Mumps Station0.9 miles
- Westwood Tram Stop1.1 miles
- Derker Tram Stop1.5 miles
About Blue Alpine, London
54 Welbeck Street, London W1G 9XS
Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.
Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a
Notes
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