Penny Meadow, Ashton-Under-Lyne, Oldham, Lancashire, OL6
Offers in Excess of
£549,995
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Description
Freehold Mixed-Use Investment + Profitable Trading Business – £549,995
A rare opportunity to acquire a fully refurbished mixed-use freehold property together with a profitable, established trading business.
Asking Price: £599,995 (Property + Business)
Early viewing is strongly recommended.
95–97 Penny Meadow, Ashton–under–Lyne, OL6 6EP
& 1 Swan Street, Ashton–Under–Lyne, Oldham OL6 6EX
Freehold Mixed–Use Investment + Profitable Trading Business – £549,995
A rare opportunity to acquire a fully refurbished mixed–use freehold property together with a profitable, established trading business, located in a high–demand town centre position within Ashton–under–Lyne.
Benefitting from major ongoing regeneration directly behind the property, this is a turnkey investment offering immediate income, strong business performance, and significant future growth potential.
Asking Price: £599,995 (Property + Business) Early viewing is strongly recommended.
Key Investment Highlights
Freehold property + profitable business included
Weekly turnover of £8,000–£12,000 with further growth potential
Recently completed full refurbishment – over £150,000 invested
Located within a major Ashton Town Centre regeneration zone
Three colleges nearby, generating exceptionally high footfall
Walking distance to Metrolink, Ashton Arcades, IKEA & Asda
High–demand rental and trading location
Separate entrances to all parts, allowing independent use
Potential to add a third storey (STP)
Fireaway Pizza & Dessert Store – Business Overview
An established and thriving Fireaway franchise pizza and dessert business, trading since 2023 with strong brand recognition and a loyal customer base.
Type: Franchise Pizza Store with Desserts (Takeaway & Dine–In)
Franchise Setup Cost: £150,000+ (new)
Established: 2023
Turnover: £8,000–£12,000 per week
Trading Hours: Typically 12pm–1am / 4pm–2am (scope to extend)
Customer Base: Students, families, local residents, commuters
Footfall: High due to prime town centre location and nearby colleges
Online Platforms: Fireaway App, JustEat, UberEats, Deliveroo, Google
Accounts: Full financials available on request
Operations & Equipment (Included in Sale)
Fully fitted commercial kitchen
Complete equipment package (inventory available)
Extraction system
Refrigeration & freezer / cold room units
POS system
Customer seating/dining area
Established delivery setup
Licensed premises
Staff structure in place (if required)
Property Description
The property has been recently refurbished to a high standard throughout and comprises a versatile mixed–use building arranged over basement, ground and upper floors.
Ground Floor
Modern retail/hospitality unit
Open–plan dining/trading area
Service counter
Kitchen and preparation areas
WC facilities
Basement
Large basement providing extensive storage
Potential for further commercial use or operational expansion (STP)
Upper Floors (Residential)
Self–contained 1–bedroom flat
Spacious 2–bedroom apartment
The first floor flat benefits from its own separate address: 1 Swan Street, Ashton–under–Lyne, OL6 6EX
All elements of the property benefit from independent access, allowing them to be operated or let separately without further alteration.
Location & Regeneration
The property occupies a prominent position on Penny Meadow, a busy retail and leisure destination within Ashton town centre.
It sits directly adjacent to the significant Ashton Town Centre regeneration scheme, which includes major investment in public realm, infrastructure and surrounding development. This is expected to significantly enhance footfall, tenant demand and capital values.
For further details, please refer to:
Additional benefits include:
Close proximity to Ashton–under–Lyne Metrolink stop
Walking distance to Ashton Arcades, IKEA, Asda and major retailers
Surrounded by dense residential population
Strong local demand driven by three nearby colleges
Major Benefits of Purchasing Freehold + Business
No landlord risk or rent increases
Full operational and asset control
Immediate trading income
Dual income streams (commercial + residential)
Long–term capital appreciation in regeneration area
Asset Management & Growth Opportunities
Business Growth
Extend trading hours
Increase delivery and online sales
Introduce catering / corporate contracts
Expand seating capacity
Enhance branding and marketing
Property Upside
Potential to split commercial unit into smaller units
Convert basement into additional trading space (STP)
Reconfigure or enhance residential accommodation
Potential to add a third storey (subject to planning)
Suitable for alternative uses including clinic, salon, office, takeaway, dessert bar, convenience retail (STP)
Tenure
Freehold (including business)
Investment Summary
A rare opportunity to acquire a fully refurbished, high–yielding mixed–use freehold with a proven trading business, located within a rapidly improving town centre, offering strong existing income and exceptional future growth potential.
Viewing
Strictly by appointment through the selling agent.
A rare opportunity to acquire a fully refurbished mixed-use freehold property together with a profitable, established trading business.
Asking Price: £599,995 (Property + Business)
Early viewing is strongly recommended.
95–97 Penny Meadow, Ashton–under–Lyne, OL6 6EP
& 1 Swan Street, Ashton–Under–Lyne, Oldham OL6 6EX
Freehold Mixed–Use Investment + Profitable Trading Business – £549,995
A rare opportunity to acquire a fully refurbished mixed–use freehold property together with a profitable, established trading business, located in a high–demand town centre position within Ashton–under–Lyne.
Benefitting from major ongoing regeneration directly behind the property, this is a turnkey investment offering immediate income, strong business performance, and significant future growth potential.
Asking Price: £599,995 (Property + Business) Early viewing is strongly recommended.
Key Investment Highlights
Freehold property + profitable business included
Weekly turnover of £8,000–£12,000 with further growth potential
Recently completed full refurbishment – over £150,000 invested
Located within a major Ashton Town Centre regeneration zone
Three colleges nearby, generating exceptionally high footfall
Walking distance to Metrolink, Ashton Arcades, IKEA & Asda
High–demand rental and trading location
Separate entrances to all parts, allowing independent use
Potential to add a third storey (STP)
Fireaway Pizza & Dessert Store – Business Overview
An established and thriving Fireaway franchise pizza and dessert business, trading since 2023 with strong brand recognition and a loyal customer base.
Type: Franchise Pizza Store with Desserts (Takeaway & Dine–In)
Franchise Setup Cost: £150,000+ (new)
Established: 2023
Turnover: £8,000–£12,000 per week
Trading Hours: Typically 12pm–1am / 4pm–2am (scope to extend)
Customer Base: Students, families, local residents, commuters
Footfall: High due to prime town centre location and nearby colleges
Online Platforms: Fireaway App, JustEat, UberEats, Deliveroo, Google
Accounts: Full financials available on request
Operations & Equipment (Included in Sale)
Fully fitted commercial kitchen
Complete equipment package (inventory available)
Extraction system
Refrigeration & freezer / cold room units
POS system
Customer seating/dining area
Established delivery setup
Licensed premises
Staff structure in place (if required)
Property Description
The property has been recently refurbished to a high standard throughout and comprises a versatile mixed–use building arranged over basement, ground and upper floors.
Ground Floor
Modern retail/hospitality unit
Open–plan dining/trading area
Service counter
Kitchen and preparation areas
WC facilities
Basement
Large basement providing extensive storage
Potential for further commercial use or operational expansion (STP)
Upper Floors (Residential)
Self–contained 1–bedroom flat
Spacious 2–bedroom apartment
The first floor flat benefits from its own separate address: 1 Swan Street, Ashton–under–Lyne, OL6 6EX
All elements of the property benefit from independent access, allowing them to be operated or let separately without further alteration.
Location & Regeneration
The property occupies a prominent position on Penny Meadow, a busy retail and leisure destination within Ashton town centre.
It sits directly adjacent to the significant Ashton Town Centre regeneration scheme, which includes major investment in public realm, infrastructure and surrounding development. This is expected to significantly enhance footfall, tenant demand and capital values.
For further details, please refer to:
Additional benefits include:
Close proximity to Ashton–under–Lyne Metrolink stop
Walking distance to Ashton Arcades, IKEA, Asda and major retailers
Surrounded by dense residential population
Strong local demand driven by three nearby colleges
Major Benefits of Purchasing Freehold + Business
No landlord risk or rent increases
Full operational and asset control
Immediate trading income
Dual income streams (commercial + residential)
Long–term capital appreciation in regeneration area
Asset Management & Growth Opportunities
Business Growth
Extend trading hours
Increase delivery and online sales
Introduce catering / corporate contracts
Expand seating capacity
Enhance branding and marketing
Property Upside
Potential to split commercial unit into smaller units
Convert basement into additional trading space (STP)
Reconfigure or enhance residential accommodation
Potential to add a third storey (subject to planning)
Suitable for alternative uses including clinic, salon, office, takeaway, dessert bar, convenience retail (STP)
Tenure
Freehold (including business)
Investment Summary
A rare opportunity to acquire a fully refurbished, high–yielding mixed–use freehold with a proven trading business, located within a rapidly improving town centre, offering strong existing income and exceptional future growth potential.
Viewing
Strictly by appointment through the selling agent.
Penny Meadow, Ashton-Under-Lyne, Oldham, Lancashire, OL6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ashton-under-Lyne Station0.2 miles
- Stalybridge Station1.2 miles
- Guide Bridge Station1.4 miles
Notes
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