Former Butchers retail premises with two storey accommodation over.Situated on busy main road with plenty of passing trade.
Suitable for change of use, HMO subject to permission.
LOT 12
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.
Ground Floor
Former butchers shop, three rooms. Separate entrance hallway for flat at rear.
First Floor
Living room, dining kitchen area, bedroom, bathroom area
Second Floor
Area for additional rooms
Externally
Yard to rear
Investment Potential
The property should as per its previous incarnation be easily renovated as a separate commercial unit with flat over- current rental values are steady with the projected rents for the ground floor estimated at £700 per month as a commercial unit, asking rents for one and two bedroom flats are between £450 and £500 per month, HMO or "shared room rate" is £245 per month on Tameside LHA rates. The income is conservatively estimated at £12,000 per annum but this could be as much as £15,000 dependent upon refit.
Notes
Some double glazing, flat centrally heated. EPC on order.
Possession
Vacant on completion
Who, When, Where?
Edward Mellor Auction
A J Bell Stadium, 1 Stadium Way, Salford, M30 7EY
Important Notice
Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions. These can be found on our website https://edwardmellor.co.uk/auctions/buying-at-auction
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.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
