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COMMERCIAL

Jubilee Rd/Dale Rd, Middleton - Fully let income producing investment achieving £16,200 per annum

Guide Price
£125,000
Auction Agent, Bury
PROPERTY TYPE

Mixed Use

SIZE

Ask agent

Key features

  • - Located On Jubilee Road/Dale Road Close To Middleton Centre
  • - Ground Floor Currently Let At £7,200 PA
  • - First Floor Currently Let At £9,000 PA
  • - Ideal Investment Opportunity

Description

For sale by online auction starting on Tuesday 15th April 2025, bidding will be on the Auction Agent website. A superb opportunity to purchase a mixed-use premises with a ground floor cafe and a first floor self-contained flat. The building is to be sold fully let with an annual rental income of £16,200. This is an ideal buy to let investment already producing income with an established tenant (giving an almost 13% return based on the lower guide). The ground floor comprises a retail area, a fully functioning preparation area/kitchen and W.C. and benefits from a 3 phase electrical supply. There is also a basement area for additional storage. The first floor flat comprises two bedrooms, a living room/kitchen and a separate bathroom. It has recently been fully refurbished with a new bathroom, flooring and carpets and benefits from electric heaters in each room and uPVC double glazing. The assured shorthold tenancy is subject to a yearly rent review with an increase of around 7-10%, which means the new owner can expect an even stronger rental yield. Guide Price £125,000 – £150,000. The property is located close to Middleton Town Centre and is well located for local amenities with a good selection of shops, pubs, restaurants and schools nearby. Buyers are advised to check the legal pack before bidding for details of the lot and fees, this will be available on the Auction Agent website once received. Buyers are also advised to check the website for any updates to the lot before the auction.

Brochure Prepared

13th March 2025

Location

The property is located on the corner of Jubilee Road and Dale Road, half a mile from Middleton centre.

Tenure

See Legal Pack

Solicitor

Crompton Halliwell Solicitors

EPC

Ground Floor - D
First Floor Flat - E

Council Tax

Band A

Business Rates

Rateable Value - £4,150

General

1. All statements contained in these particulars are for indicative purposes only and are made without responsibility on the part of Auction Agent Ltd and the vendors of this property and are not to be relied on as statements or representations of fact. Potential purchasers should satisfy themselves by inspection or otherwise as to the accuracy of such details contained in these particulars.

2. Bidding will commence on Tuesday 15th April 2025 and conclude on Wednesday 16th April 2025.

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Please call us on or email for a free valuation.

Brochures

Property BrochureFull Details

Jubilee Rd/Dale Rd, Middleton - Fully let income producing investment achieving £16,200 per annum

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Mills Hill Station0.6 miles
  • Moston Station2.3 miles
  • Castleton Station2.5 miles

About Auction Agent, Bury

2 Mason Street, Bury, BL90RH

Auction Agent offers a fresh and dynamic approach to the property auction industry. We pride ourselves in customer service excellence as well as our extensive experience within the property industry, from which we have accumulated a vast amount of regional knowledge.

Our team can provide a comprehensive and professional service to vendors and buyers alike. The auction method has increasingly become the preferred method of buying or selling property and land, ensuring a fast and efficient process, within realistic timescales.

Auction Agent adopts a traditional auction-based system, that accommodates both in-person and by-proxy bidding for a wide range of property values and types. We are specialists in the sale of both residential and commercial properties and land ? including those suitable for investment or development, tenanted or vacant.

We offer services including ? but not limited to ? valuation, property project feasibility studies, planning permission advisory, property consultation, and property related legal and finance advisory. We also offer a professional and sympathetic probate service, working with our clients to ensure the best possible outcome.

The core management team is comprised of highly educated and qualified individuals from various fields with a combined experience of over 50 years, who have dealt with a wide range of clients from private individuals to corporate clientele as well as local councils and receivers.

Auction Agent understands the frustrations, complications and worries of both buyers and sellers. Furthermore, we have implemented a comprehensive customer relationship management system to ensure our company has a strict continuous improvement process in place. Many of our management decisions are influenced by customer feedbacks that we receive. Our clients? success is our success. Auction Agent has, therefore, vowed to combine our experience, knowledge, and expertise to help investors from all walks of life in making successful investments. We deeply value our corporate responsibilities as well. Auction Agent is a regular donor to local social enterprises and humanitarian aids.

Based in Rossendale in Lancashire, west of the Pennines, Auction Agent is well situated to cover the whole of the North West and Yorkshire. Our regular auctions throughout the year ensures maximum exposure for all properties sold through our platform.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 12625259. 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 Auction Agent, Bury. 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.

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 Auction Agent, Bury on 01706 335863.

*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.”

Map data ©OpenStreetMap contributors.

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