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For Sale£295,000.00

Mixed Use Retail and Residential Opportunity

Residential, Retail, Mixed Use, Flat, Other Property Types & Opportunities , 1959.02 Sq Ft
Property type: Residential, Retail, Mixed Use, Flat, Other Property Types & Opportunities
Tenure: Investment Opportunity, For Sale Freehold
Size: 1959.02 Sq Ft
Price: £295,000.00
Location: 290a-292a Middleton Road, OL9 6JH
The property consists of a double fronted lock up shop with two retail areas to the ground floor and two separate flats (1 bedroom and 2 bedrooms) with their own entrances to the first floor.

With two separate entities both commercial and residential this property provides a unique income producing opportunity for investors or business owners looking to operate in a prime location (Middleton Road) close to both commerce and in a densely populated area.

The property has potential for variety of uses (subject to planning permission) including retail, A3/A5 takeaway/restaurant or as 4 individual flats with the potential to generate an income of £20,400 per annum.

The shop currently generates turnover of £1500 per week. Vacant possession is possible.

The Property
Ground Floor: Two adjoining retail areas measuring approximately 980 sq. ft. (91 sq. m). There are kitchen and toilet facilities to the rear of the premises.

First Floor: The first floor offers living accommodation providing a 2 bedroom flat and a 1 bedroom flat, which can be accessed from the rear and side of the property.

Parking: There is a car park opposite the property and off street parking is available in close vicinity.

The property is situated on in a prime trading position on Middleton Road, a busy main road that connects Oldham Way and Broadway (A663). Westwood Tram Stop is moments away and provides direct links to Rochdale And East Didsbury and Manchester Victoria. The 59 bus stops in close proximity to the property and provide transport between Rushcroft and Piccadilly Gardens whilst the 415 bus provides a link between Oldham and Manchester.
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