TO BE SOLD BY ONLINE AUCTION ON 4TH – 5TH MARCH UNLESS SOLD PRIOR UNDER AUCTION TERMS.
17 High Street West, Glossop SK13 8AL
No inspected by Edward Mellor. An excellent opportunity to acquire a fully income-producing mixed-use investment in a prominent High Street position, generating a total annual income of £32,500.
The property is reported to comprise; a ground floor commercial unit and three residential units arranged over three floors accessed from the rear; 2x one-bedroom flats and 1x studio.
Based on today's guide price, this reflects a very attractive yield presenting investors with an opportunity to secure a high-performing mixed-income asset. The combination of a recognised commercial agreement and established residential tenancies provides diversified income and reduces reliance on a single stream.
The property is fully let and income-producing from day one, offering immediate cash flow alongside long-term investment potential. Situated in a prominent High Street location, the asset benefits from continued occupier demand and strong fundamentals.
An ideal addition to any portfolio seeking strong yield, diversified income and long-term stability.
17 High Street forms part of a wider lease, with both 17 and 19 High Street currently let to the well-known High Street brand Boots.
Access to 17 High Street is presently via 19 High Street in accordance with the existing lease structure. The lease includes provisions to formally separate access should the Boots tenancy come to an end.
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
