Lancashire Properties are delighted to present this EXCELLENT INVESTMENT OPPORTUNITY with a Ground Floor Commercial shop with Basement, and a large First Floor Three Bed Flat for sale located on Bow Street, Ashton Under Lyne. The property is located at a top location and is excellently situated in the heart of Ashton Town Centre, benefiting from being established within a busy shopping parade amongst retail outlets and takeaways including B&M Store, Iceland Foods, Boots Pharmacy, McDonald's, and many more.
Tenants occupying the commercial space are currently operating as a pound shop, being established for the past 10 years, paying a monthly rental of £800.00 +VAT. The lease is holding over. The first floor three bedroom flat is currently tenanted under an AST at a monthly rental of £500. There is the potential to improve rents as they have not been reviewed for a while and open market rents have gone up.
The property briefly comprises of a very large shop on the ground floor, basement with plenty of storage space, and a three bed flat on the first floor which itself comprises of three good size bedrooms, a large reception/dining room, kitchen, and a family bathroom. Access to the flat is from the rear on Old Hall Street. Off loading goods is on the Main Road. Details of the property and lease terms are as follows:
VAT is payable on top of sale price.
Total Floor Area of Premise: 264m2
Rateable Value of Commercial Premise: £12,500
Commercial Rental: £800.00 + VAT PCM
Commercial Tenure: Holding Over
Flat Rental: £500.00 PCM
Flat Tenure: AST
Excellent investment opportunity! Viewings highly recommended! Book now to avoid any disappointment!
The dimension for the shop is as follows:
Shop Floor Area ( 62' 4" X 16' 8" )
Basement Hallway ( 15' 1" X 3' 11" )
Basement Room 1 ( 42' 8" X 12' 2" )
Basement Room 2 ( 21' 4" X 3' 11" )
Basement Room 3 ( 6' 3" X 5' 7" )
Main Hallway ( 47' 11" X 4' 11" )
Bedroom 1 ( 11' 6" X 9' 10" )
Bedroom 2 ( 11' 2" X 9' 6" )
Bedroom 3 ( 15' 1" X 13' 1" )
Living Room ( 19' 8" X 10' 6" )
Kitchen ( 9' 6" X 6' 7" )
Bathroom ( 12' 6" X 4' 7" )
The above property details should be considered as a general guide only for prospective purchasers. Lancashire Properties does not have any authority to give any warranty in relation to the property.
We would like to bring to the attention of any purchaser that we have endeavoured to provide a realistic description of the property, no specific survey or detailed inspection has been carried out relating to the property, services, appliances and any further fixtures and fittings/equipment.
If double glazing has been stated in the details , the purchaser is advised to satisfy themselves as to the type and amount of double glazing fitted to the property.
We recommend all buyers to carry out their own survey/investigations relating to the purchase of any of our properties.
The mention of any appliances and/or services within these sales particulars does not imply they are in full and efficient working order.
While we endeavour to make our property details accurate and reliable, if there is any point, which is of particular interest to you, please contact the office and we will be pleased to check the information.