TO BE SOLD BY ONLINE AUCTION STARTING ON 16TH NOVEMBER 2022.
11 Manchester Road, Audenshaw.
Former GP Surgery premises with accommodation over three floors plus basement and rear access.
The property represents an opportunity to develop the upper floors to HMO, flats or a single larger flat subject to permission and regulations, whilst the self-contained ground floor may also represent residential development opportunities.
The location sees plenty of passing traffic and it is located between Manchester and Ashton Under Lyne with new developments close by at the Jam Factory. Transport links are by rail and bus and it is only 2 km from the M60 (J23)
Once the property is redeveloped there is potential for around a 10% return per annum (gross) as a whole.
The property is to be sold vacant and has a reception corridor, reception office, two consultation rooms, a staff room and WC on the ground floor.
The upper floors are accessed from the rear and are self-contained comprising three rooms on the first floor and a further two rooms on the second floor. There is a basement which we are advised is accessed from neighbouring property.
Yard space to rear with access across the neighboring properties.
Rental values for two bedroom flats are north of £750 PCM, and we would anticipate a one bedroom flat to achieve around £550 PCM if converted. The ground floor as a commercial lease could achieve around £700 per month dependent upon use. The income potential as a whole once refurbished/developed could achieve circa £24,000 as a minimum once converted.
Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.
You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
