Mixed Use for saleTunstall Road, Biddulph
Withdrawn from Market £299,000
- 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 descriptionHIGH 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.
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