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SOLD STC

Middleton Road, Oldham, Lancashire, OL9

Offers Over
£145,000

£1082.09 per sq ft

Business rates & charges may apply

Kirkham Property, Chadderton
SIZE AVAILABLE

134 sq ft

12 sq m

SECTOR

High street retail property for sale

Description

INVESTMENT OPPORTUNITY WITH TENANT IN SITU

A two-storey mixed-use investment property, sold with a tenant in situ and producing immediate income. The property comprises a ground floor commercial unit together with a self-contained three-bedroom flat above.

INVESTMENT OPPORTUNITY WITH TENANT IN SITU294 Middleton Road, Chadderton, Oldham, OL9 6JH
A substantial two–storey mixed–use investment property extending to approximately 133.4 sq m (1,436 sq ft), sold with a tenant in situ and producing immediate income. The property occupies a prominent position on Middleton Road and comprises a ground floor commercial unit together with a self–contained three–bedroom flat above.

Ground Floor – Commercial Premises
The ground floor comprises a takeaway unit, arranged as:

Front sales/service area
Commercial kitchen with extraction and stainless steel fittings
Rear prep kitchen
Store room and ancillary space
Basement/cellar storage


First Floor – Residential Accommodation
The upper floor provides a self–contained three–bedroom flat, comprising:

Three bedrooms
Shower room
Landing


Location
The property is situated on a busy retail parade along Middleton Road, benefiting from high visibility, strong passing traffic, and a well–established mix of local businesses and residential catchment.

Key Features

Sold with tenant in situ
Mixed–use investment property
Approx. 133.4 sq m (1,436 sq ft)
Ground floor commercial unit
Three–bedroom self–contained flat
Prominent trading position


Tenure
Freehold.

Investment Summary
A well–located mixed–use asset offering immediate rental income with potential for future asset management and value growth.
Lease Terms (full lease available on request):
Term: 5th March 2024 – 4th March 2031
Break Clause: Either the Landlord or the Tenant may give to the other not less than 6 months written notice to end the Term on or after 5 March 2024. Ending the Term will not release the Parties to this Lease from their liabilities accumulated up to that date.
Rent £825 per month – Rent review due at 5 Year Intervals

Viewing
Strictly by appointment only.

Middleton Road, Oldham, Lancashire, OL9

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Westwood Tram Stop0.3 miles
  • Oldham Mumps Station1.2 miles
  • Derker Tram Stop1.3 miles

About Kirkham Property, Chadderton

Chadderton Office Middleton Road, Chadderton, Oldham, OL9 9SH

Notes

These notes are private, only you can see them.

Disclaimer - Property reference SAC260007. 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 Kirkham Property, Chadderton. 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.