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Mixed Use for sale

Tunstall Road, Biddulph

Withdrawn from Market £299,000

Property Description

Key features

  • High yielding mixed use investment property
  • Main road frontage, with private car park included
  • Popular retail area
  • Close to major health centre
  • Licenced restaurant in largest unit
  • 2 apartments let to long term tenants
  • Recently extensively renovated
  • Excellent "hands off" investment
  • Rent guarantee and free lettings management for 6 months
  • Instant income from sitting tenants

Full description

HIGH YIELDING MIXED USE INVESTMENT PROPERTY. Busy town centre location. Excellent tenants. Genuine retirement sale.

Next to the new £10 million Biddulph Primary Care Centre.
The property has been recently extensively renovated, including a new roof and new shop fronts throughout. Annual total rental income is £26,611 from 3 commercial leases and 2 residential tenancies.
Unit 1: Large 2 bed, 2 bath apartment
Unit 2: 1 bed apartment
Unit 3: Commercial unit - mobility aids retail shop 
Unit 4: Commercial unit - Tattoo shop 
Unit 5: Commercial unit - Licenced Coffee shop/Restaurant 

This mixed use investment opportunity offers an instant 9% return from day one. The vendor are also offering a full Rent Guarantee for 6 months, together with 6 months Free Property Management.

More information from this agent

Map & Street View

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