TO BE SOLD BY ONLINE AUCTION ON 6TH MARCH 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
111 Reddish Lane, Denton.
Former café premises with planning for development to include two residential units.
Located on a busy main road, the site is literally on the North Reddish/Gorton/Denton borders located close to Motorway links and with numerous public transport links to Manchester and Stockport.
The property in its history was last used as a sandwich shop (A3) with internal accommodation circa 100 sq m (1,100 sq ft).
The planning permission was granted (ref: 22/00893/FUL) by Tameside Council for the demolition of the existing building and the development of a three storey mixed use building to house two self-contained apartments.
Plans show a one bedroom and a two bedroom apartment over first and second floors with separate access.
Rental demand is continual in this location with an anticipated rental return for all three combined at a minimum of £25,000 per year the development will give a strong long term yield for investors.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
