Property photos
Offers over
£125,000
(£84.12/sq. ft)
Retail premises for sale
Milne Street, Oldham OL21,486 sq. ft
Local area information
Property location
Nearby amenities
- Farrowdale House School 0.2 miles
- East Crompton St James CofE Primary School 0.3 miles
- Rochdale 3.4 miles
- Castleton (Manchester) 3.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Excellent Investment Opportunity
- Asset Management Potential
- Approx. Ground Floor Retail gia of 431 sq. Ft. (40 sq. M)
- Approx. 1st Floor 2x Bedroom Flat gia of 1,055 sq. Ft. (98 sq. M)
- Comparable Rental Income for First Floor Flat from £825 pcm
- Fronting Busy Main Road of Shaw Town Centre
- Freehold
- Convenient Access to A663
Description:
A mixed-use end terrace property comprising a retail unit on the ground floor and a large two-bedroom self-contained first-floor flat, prominently located just off Market Street in Shaw Town Centre next to Aldi and Asda Supermarkets.
The property requires updating, and the tenant in situ is paying below-market rent at £10,200 per annum. We are currently negotiating a new tenancy with increased rent.
Ground Floor:
Main retail area, W.C.
Gia Total Floor Area 431 sq. Ft (40 sq. M).
First Floor:
Gia Total Floor Area 1,055 sq. Ft. (98) sq. M.)
The first floor comprises a dining kitchen, living room, 2 x bedrooms, and bathroom.
Outside:
Externally, the premises benefit from a spacious rear yard and access point.
Location:
The property fronts onto the corner of Milne Street and Eastway in an established town center location. Aldi and Asda Supermarkets both neighbor the property in addition to several national and independent retailers on nearby Market Street.
Tenure: Freehold
Purchase Price: Offers in excess of £125,000.
Energy Performance Certificate: C-71
Rateable Value: The 2023 Rateable Value has been assessed at £3,300.
Services: All mains services available to the property. Electricity, gas, water and drainage.
Legal Fees: The purchaser will be responsible for the vendors legal expenses, please call to discuss.
Anti-Money Laundering:
In accordance with Anti-Money Laundering Regulations, we require two forms of Identification and confirmation of source of funding from all Purchasers.
Viewing: Please contact sole agents Portfolio Properties.
A mixed-use end terrace property comprising a retail unit on the ground floor and a large two-bedroom self-contained first-floor flat, prominently located just off Market Street in Shaw Town Centre next to Aldi and Asda Supermarkets.
The property requires updating, and the tenant in situ is paying below-market rent at £10,200 per annum. We are currently negotiating a new tenancy with increased rent.
Ground Floor:
Main retail area, W.C.
Gia Total Floor Area 431 sq. Ft (40 sq. M).
First Floor:
Gia Total Floor Area 1,055 sq. Ft. (98) sq. M.)
The first floor comprises a dining kitchen, living room, 2 x bedrooms, and bathroom.
Outside:
Externally, the premises benefit from a spacious rear yard and access point.
Location:
The property fronts onto the corner of Milne Street and Eastway in an established town center location. Aldi and Asda Supermarkets both neighbor the property in addition to several national and independent retailers on nearby Market Street.
Tenure: Freehold
Purchase Price: Offers in excess of £125,000.
Energy Performance Certificate: C-71
Rateable Value: The 2023 Rateable Value has been assessed at £3,300.
Services: All mains services available to the property. Electricity, gas, water and drainage.
Legal Fees: The purchaser will be responsible for the vendors legal expenses, please call to discuss.
Anti-Money Laundering:
In accordance with Anti-Money Laundering Regulations, we require two forms of Identification and confirmation of source of funding from all Purchasers.
Viewing: Please contact sole agents Portfolio Properties.
More information
Listed by
Portfolio Properties
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Property descriptions and related information displayed on this page are marketing materials provided by - Portfolio Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Portfolio Properties for full details and further information.