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Investment For Sale, Denton, Lancashire

Investment in Denton
Investment in Denton
Investment in Denton
Investment in Denton

Property ID: 157787

£235,000 Freehold

65 Manchester Road, Denton, Lancashire, M34 2AF

Type Investment
Status Available
Size 933 sq ft

Key Features

  • Retail/Residential Investment Property
  • Popular town centre location
  • Offers in the region of £235,000, which equates to a gross initial yield of 8.9% after standard purchaser's costs.
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Description

The Property Is Situated On The South Side Of Manchester Road In The Centre Of Denton, Approx. 5 Miles East Of Manchester City Centre. Crown Point Retail Park Is In Walking Distance As Are All Town Centre Amenities.

The Property Is Arranged Over Two Stories With A Ground Floor Retail Unit Occupied By A Dog Groomers, And A One Bed Flat On The First Floor Accessed Via A Separate Entrance. The Ground Floor Comprises An Open Plan Retail Area, And A Storage Room, Kitchen And Wc To The Rear. The First Floor Is Fitted To A High Standard With Central Heating, A Modern Kitchen, White Painted Walls And Spot Lighting.

Lease
The Ground Floor Retail Unit Is Let To Two Individuals T/a Pups And Dreams On A 3 Year Lease From April 2025 At A Passing Rent Of £10,800 Pa.

The Flat Is Let On An Assured Periodic Tenancy At £850pcm.

The Total Passing Rent Is £21,000 Per Annum.
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W T Gunson Chartered Surveyors
W T Gunson Chartered Surveyors View all properties

Property ID: 157787

Investment For Sale, Denton, Lancashire
£235,000 Freehold

65 Manchester Road, Denton, Lancashire, M34 2AF

Investment · Available · 933 sq ft

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W T Gunson Chartered Surveyors
W T Gunson Chartered Surveyors View all properties
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