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COMMERCIAL

High Street West, Glossop, Glossop

Guide Price
£225,000
Edward Mellor Ltd, Auction
PROPERTY TYPE

Mixed Use

BEDROOMS

3

BATHROOMS

3

SIZE

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Key features

  • TO BE SOLD UNDER AUCTION TERMS
  • HIGH-YIELDING MIXED-USE INVESTMENT
  • PRODUCING £32,500 PER ANNUM
  • GROUND FLOOR LET TO BOOTS
  • THREE RESIDENTIAL UNITS
  • FULLY LET - INCOME FROM DAY ONE

Description

TO BE SOLD BY ONLINE AUCTION ON 4TH – 5TH MARCH UNLESS SOLD PRIOR UNDER AUCTION TERMS.

17 High Street West, Glossop SK13 8AL

No inspected by Edward Mellor. An excellent opportunity to acquire a fully income-producing mixed-use investment in a prominent High Street position, generating a total annual income of £32,500.

The property is reported to comprise; a ground floor commercial unit and three residential units arranged over three floors accessed from the rear; 2x one-bedroom flats and 1x studio.

 

Based on today’s guide price, this reflects a very attractive yield presenting investors with an opportunity to secure a high-performing mixed-income asset. The combination of a recognised commercial agreement and established residential tenancies provides diversified income and reduces reliance on a single stream.

 

The property is fully let and income-producing from day one, offering immediate cash flow alongside long-term investment potential. Situated in a prominent High Street location, the asset benefits from continued occupier demand and strong fundamentals.

 

An ideal addition to any portfolio seeking strong yield, diversified income and long-term stability.

 

17 High Street forms part of a wider lease, with both 17 and 19 High Street currently let to the well-known High Street brand Boots.

Access to 17 High Street is presently via 19 High Street in accordance with the existing lease structure. The lease includes provisions to formally separate access should the Boots tenancy come to an end.

High Street West, Glossop, Glossop

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Glossop Station0.1 miles
  • Dinting Station1.0 miles
  • Hadfield Station1.4 miles
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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside?s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services.

Notes

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Disclaimer - Property reference EM-166797. 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, Auction. 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 Edward Mellor Ltd, Auction on 0161 524 2443.

*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.”

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