13-15 Oldham Road Rochdale, OL16 1UA

£199,000
Property Details

13-15 Oldham Road Rochdale, OL16 1UA

£199,000
Description
  • Purchase price: £199,000
  • Estimated Rental Income: £25,200 PA
  •            Ground Floor Retail Unit
  • Serviced Offices to the Upper

 

The property briefly compromises of a large unit downstairs (805sqft) with A5 planning currently occupied by a fast food takeaway. The tenant has just re-geared his lease to show an initial rental of £8,300 on a 10 year eFRI lease. The tenant has spent significant works fitting out the shop including installation of a new shop front and electric roller shutters.

The upper has its own separate entrance with potential for 6 serviced office rooms stretching over the lower unit and the next door unit. We anticipate a minimum rental of at least £25,200

Total estimated rental income is £25,200 reflecting an 12.6% gross rental yield.

Purchase price: £199,000

Property Features
  • 12.6% Gross Rental Yield
  • A5 Planning - Take Away
  • Ground Floor Retail Unit
  • Serviced Offices to the Upper
Rural Features

Amco Management

T: 0161 773 3978

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