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Commercial Property for sale

Lower Broughton Road, Salford

Guide Price* £160,000

Property Description

Commercial information

  • Use class orders: A5 Hot Food Take away

Full description

Tenanted hot food outlet with self-contained four bedroom let over.
TO BE SOLD BY AUCTION 7th DECEMBER 2016
Great investment opportunity for a property in a favoured Salford location income£21,600 annualised which is a 12% gross yield at the guide price. WOW!
PLEASE REFER TO THE AUCTION CATALOGUE FOR FURTHER DETAILS: LOT: 61.
GUIDE PRICE: ONLY £160000 PLUS
EPC rating - Shop E, Flat F

Details - The ground floor shop is currently a takeaway with total floor area circa 80 sq m (861 sq ft).
The upper floors comprise a four bedroom multi--let flat with communal living space, kitchen and two bathrooms.
There is a yard area to the rear. Latest integrated fire alarm system.

Notes - EPC ratings: Flat F. Shop E

Possession - Full lease details will be provided in the online legal pack. Residential income £1,250 per month, Shop £550 per month.
Annualised rent £21,600. Room 3 and 4 are vacant at current time (21/11/16)

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Disclaimer - Property reference 26469506. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd , Stockport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd , Stockport on 0161 443 4740.


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