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Lot 34 - Wednesday 13th December 2017817 Manchester Road, Rochdale, Rochdale, Greater Manchester, OL11 3AH

Auction Guide Price £65,000 Plus

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for sale by auction on 13th December INVESTMENTWHY BUY?Post office tenant7yr lease from July 2017Undeveloped upper floorsPotential to add valuePre-agreed stepped rent increasesDESCRIPTIONThis is a mid terrace property that is configured to provide retail unit to the ground floor with accommodation space to the upper floor that has not been developed yet, but has potential to be turned into a flat, subject to gaining all necessary consents. The retail unit is let by way of a 7yr lease with current rent £3000pa, but agreement to £3900pa and again to increase to £4320pa.LOCATIONFronting Manchester Road at the end of a small parade of shops in Castleton only 2 miles away from Rochdale. ACCOMMODATIONGround floor: Post office – shop floor, sales area, storageFirst floor: Accommodation spaceOutside: Yard to rear

for sale by auction on 13th December INVESTMENTWHY BUY?Post office tenant7yr lease from July 2017Undeveloped upper floorsPotential to add valuePre-agreed stepped rent increasesDESCRIPTIONThis is a mid terrace property that is configured to provide retail unit to the ground floor with accommodation space to the upper floor that has not been developed yet, but has potential to be turned into a flat, subject to gaining all necessary consents. The retail unit is let by way of a 7yr lease with current rent £3000pa, but agreement to £3900pa and again to increase to £4320pa.LOCATIONFronting Manchester Road at the end of a small parade of shops in Castleton only 2 miles away from Rochdale. ACCOMMODATIONGround floor: Post office – shop floor, sales area, storageFirst floor: Accommodation spaceOutside: Yard to rear

 

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