Tenanted Investment Property

 

Summary

  • Mixed Use Investment
  • Fully Tenanted
  • Dual Frontage Shop
  • Busy Village Centre
  • 1/2 Mile to M6 Motorway
  • Freehold
  • Above Average Size Flats
  • 3 Separate Units

Accommodation

The accommodation comprises the following areas:

Floor/UnitDescriptionsq ftsq mAvailability
Ground Retail 898 83.43 Occupied
1st Flat 1 926 86.03 Occupied
1st Flat 2 968 89.93 Occupied
Total2,792259.39
18-20 Bryn Street - Bryn Street 20 Internal .jpg

Location

The property is situated within Ashton-in-Makerfield Town Centre, which is a busy, thriving market town. Occupiers include KFC, B&M and Aldi.

Ashton is a satellite town to nearby Wigan, which has good shopping and amenities, including a main line railway station.

Ashton-in-Makerfield Town Centre is ideally located close to the M6 Motorway, whereby the northbound Junction 24 is within half a mile

Get directions from Google Maps

Further Information

Price £275,000

Rates Payable Upon Enquiry

EPC Rating This property has been graded as B (42)


Description

We are delighted to offer for sale this multi-tenanted freehold investment property, which is situated within the Town Centre.

The property comprises 3 no. separate components, which include; a dual fronted retail unit that opens onto both Bryn Street and Garswood Street, together with 2 no. large two bedroomed flats, one of which is positioned above the next door property.

The property is fully let and income producing, with the ground floor commercial Lease having well over 5 years left on the Lease term. The two flats are occupied on Assured Shorthold Tenancy Agreements.

The total gross rental income is received £24,240 per annum, which is made up of £10,500 from the retail unit and £13,740 from both flats.

The ground floor operates as an established hair and beauty salon and the flats are occupied by private individuals.

Tenure

Freehold.

Asking Price

£275,000.

VAT

We are advised that VAT is not applicable to the property.

Anti-Money Laundering Regulations

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.