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Retail/Shop

Retail/Shop For Sale Oldham

PROPERTY ID: 126980

PROPERTY TYPE

Retail/Shop

STATUS

Available

SIZE

0 sq.ft

Key Features

Investment opportunity including two mixed-use properties
Willing to sell as a whole or individually
Fully let producing total of £94,130pa with an ERV when fully let of £103,630pa
C7% net yield based on ERV

Property Details

*investment Opportunity* The Property Is Situated Within Uppermill, An Affluent Village With A Thriving Retail High Street Located In Saddleworth On The River Tame In A Valley Amongst The Picturesque Backdrop Of The North Peak District. The Property Is Situated Centrally Within The Principle High Street Of Uppermill And Is In Close Proximity To Recognised High Street Brands Such As The Co-op Supplemented By Popular Independent Retails And Many Food And Beverage Offers. Uppermill Is Located Approximately 4.5 Miles (7.2km) East Of Oldham And 7 Miles (11.3km) East-northeast Of Manchester City Centre. Uppermill Is Accessible From J22 M60 Motorway And Within 1 Mile (1.6km) Of Greenfield Train Station, Offering Direct Trains To Manchester Piccadilly And Sheffield. Accommodation Within The Portfolio Is Situated Across Basement, Ground, First And Second Floor Levels. Current Occupiers Include Rspb, Local Drinking Establishments, Delicatessen, Clothing Retailers And Office Suites. Further Floor Plans Can Be Provided On Request. 72 High Street - Offers In The Region Of £475,000. A Purchase At This Level Would Offer A Net Yield Of 7.21% Based On The Erv (assuming Usual Purchaser's Costs). 74-76 "the Globe" - Offers In The Region Of £900,000. A Purchase At This Level Would Offer A Net Initial Yield Of 7.17% (assuming Usual Purchaser's Costs). Offers Are Invited For The Properties Individually Or As A Whole. The Purchase Price For Both Properties Is £1.375m. A Purchase At This Level Would Offer A Net Yield Of 7.13% Based On The Erv (assuming Usual Purchaser's Costs).

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About the Agent

W T Gunson Chartered Surveyors

See Agent's Other Properties

Retail Unit

£1,375,000 Freehold

72 & 74-76 "The Globe" High Street, Oldham, OL3 6AW
Retail/Shop - Available
0 sq ft
0 sqm
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