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72 & 74-76 "The Globe", High Street, Uppermill, Oldham, Lancashire, OL3 6AW

Offers in Region of
£1,375,000

Business rates & charges may apply

W T Gunson, Manchester - BPG
SIZE

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SECTOR

Commercial property for sale

Key features

  • Investment opportunity including two mixed-use properties
  • Willing to sell as a whole or individually
  • Fully let producing total of £94,130pa with an ERV when fully let of £103,630pa
  • C7% net yield based on ERV

Description

The property is situated within Uppermill, an affluent village with a thriving retail high street located in Saddleworth on the River Tame in a Valley amongst the picturesque backdrop of the north Peak District.

The property is situated centrally within the principle high street of Uppermill and is in close proximity to recognised high street brands such as the Co-op supplemented by popular independent retails and many food and beverage offers.

Uppermill is located approximately 4.5 miles (7.2km) east of Oldham and 7 miles (11.3km) east-northeast of Manchester City Centre. Uppermill is accessible from J22 M60 Motorway and within 1 mile (1.6km) of Greenfield Train Station, offering direct trains to Manchester Piccadilly and Sheffield.

Accommodation within the portfolio is situated across basement, ground, first and second floor levels. Current occupiers include RSPB, local drinking establishments, delicatessen, clothing retailers and office suites. Further floor plans can be provided on request.

72 High Street - Offers in the region of £475,000. A purchase at this level would offer a net yield of 7.21% based on the ERV (assuming usual purchaser's costs).

74-76 "The Globe" - Offers in the region of £900,000. A purchase at this level would offer a net initial yield of 7.17% (assuming usual purchaser's costs).

Offers are invited for the properties individually or as a whole. The purchase price for both properties is £1.375m. A purchase at this level would offer a net yield of 7.13% based on the ERV (assuming usual purchaser's costs).

Brochures

72 & 74-76 "The Globe", High Street, Uppermill, Oldham, Lancashire, OL3 6AW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Greenfield Station0.8 miles
  • Mossley Station2.8 miles
  • Derker Tram Stop4.0 miles

About W T Gunson, Manchester - BPG

Suite 2, Third Floor 1 King Street Manchester M2 6AW

W T Gunson, Manchester - BPG

W T Gunson is Manchester’s leading independent Chartered Surveyors and Property Consultants, covering Manchester and the North West since 1873, and offering expert advice on a full range of commercial and residential property.

Our expertise covers retail, office, industrial and development land, whether owner-occupied or investment property.

More properties from W T Gunson, Manchester - BPG

Notes

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Disclaimer - Property reference 1460FH. 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 W T Gunson, Manchester - BPG. 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.

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