Price | £390,000 |
Postcode | North West See on google map Manchester County Oldham Calderbrook - OL15 |
Type of ad | Individual Offer |
Coming to market due to owner relocation - spacious shop-fronted property in Littleborough. Previously used as florist / wedding planner and a vape shop.
with 4bed accommodation AND 2 bed apartment!
Possible income generation for investor £27,000 per annum, around 7% yield.
Great as office space, salon, retail outlet
(not for food takeaway usage)
Main shop / office to front on main road prominent position with unrestricted parking right outside. Very visible, large shop frontage.
With spacious 4 bed accommodation to rear, (nice quiet open aspect to the back),
2 x double garages, terrace decking area and parking to rear.
With Further 2 bed apartment currently providing rental income of £600 per month
Living accommodation is well appointed, Luxury bathroom with large spa bath. feature spiral staircase to 4th bed/attic room. 3 double beds, 1 single + further box room (master bed with en-suite shower/wc), french doors to rear outdoor space.
The shop area is a spacious, we think it used to be an old Baker's shop.
High ceiling room with original features such as very impressive stone fireplace and stone floor. That's a huge 4 seat sofa on pics!
NEED TO VIEW to see size!
The 4 bed living accommodation could be let separate to shop for further income stream. Shop has own WC + the utility room would provide a good size kitchen area.
Further storage in basement (low ceiling height, but good for storage)
(rental valuations by local agent: 4 bed accommodation £750, shop £425-£450, 2 bed apartment £600-£650 pcm. Garages could generate income of around £150-200pcm each) so in region of £2250 pcm.
Whole building was recently valued by Blacks business brokers
The 2 bed apartment (self-contained) has impressive size open plan living room/kitchen/dining, plus 2 double bedrooms, utility room/WC, family bathroom, modern interiors. 2 bed apartment is currently tenanted but AST ends in new year. May renew.
(We may consider selling without the additional 2 bed flat)