Investment For Sale, Denton, Lancashire
4 photos
Property ID: 157787
£235,000 Freehold
65 Manchester Road, Denton, Lancashire, M34 2AF
Type
Investment
Status
Available
Size
933 sq ft
Key Features
- Retail/Residential Investment Property
- Popular town centre location
- Offers in the region of £235,000, which equates to a gross initial yield of 8.9% after standard purchaser's costs.
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Description
The Property Is Situated On The South Side Of Manchester Road In The Centre Of Denton, Approx. 5 Miles East Of Manchester City Centre. Crown Point Retail Park Is In Walking Distance As Are All Town Centre Amenities.
The Property Is Arranged Over Two Stories With A Ground Floor Retail Unit Occupied By A Dog Groomers, And A One Bed Flat On The First Floor Accessed Via A Separate Entrance. The Ground Floor Comprises An Open Plan Retail Area, And A Storage Room, Kitchen And Wc To The Rear. The First Floor Is Fitted To A High Standard With Central Heating, A Modern Kitchen, White Painted Walls And Spot Lighting.
Lease
The Ground Floor Retail Unit Is Let To Two Individuals T/a Pups And Dreams On A 3 Year Lease From April 2025 At A Passing Rent Of £10,800 Pa.
The Flat Is Let On An Assured Periodic Tenancy At £850pcm.
The Total Passing Rent Is £21,000 Per Annum.
The Property Is Arranged Over Two Stories With A Ground Floor Retail Unit Occupied By A Dog Groomers, And A One Bed Flat On The First Floor Accessed Via A Separate Entrance. The Ground Floor Comprises An Open Plan Retail Area, And A Storage Room, Kitchen And Wc To The Rear. The First Floor Is Fitted To A High Standard With Central Heating, A Modern Kitchen, White Painted Walls And Spot Lighting.
Lease
The Ground Floor Retail Unit Is Let To Two Individuals T/a Pups And Dreams On A 3 Year Lease From April 2025 At A Passing Rent Of £10,800 Pa.
The Flat Is Let On An Assured Periodic Tenancy At £850pcm.
The Total Passing Rent Is £21,000 Per Annum.
Location
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