Overview
- Investment
Description
Location
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.
Summary
Key points
- 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.
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
Contact Information
View ListingsSimilar Listings
- £250,000
Unit 13 Magreal Industrial Estate, Freeth Street, Birmingham, B16 0QZ
Unit 13 Magreal Industrial Estate, Freeth Street, Birmingham, B16 0QZ, Birmingham, West Midlands
- £250,000 for sale
Unit 16 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW
Unit 16 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW, Southampton, Hampshire, Nursling
- £225,000 for sale
Unit 15 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW
Unit 15 Test Valley Business Centre, Test Lane, Nursling, Southampton, SO16 9JW, Southampton, Hampshire, Nursling
- £710,000
Unit 6 Kettles Wood Drive, Woodgate Valley, Bartley Green, Birmingham, B32 3DB
Unit 6 Kettles Wood Drive, Woodgate Valley, Bartley Green, Birmingham, B32 3DB, Birmingham, West Midlands, Bartley Green
- £430,000
Unit 23 Silver Birches Business Park, Aston Road, Bromsgrove, B60 3EU
Unit 23 Silver Birches Business Park, Aston Road, Bromsgrove, B60 3EU, Bromsgrove, Worcestershire
- £775,000 for sale
3 St. Stephens Road, Bournemouth, BH2 6JL
3 St. Stephens Road, Bournemouth, BH2 6JL, Bournemouth, Dorset
- on application
Meadow Lane, Former Old Rectory Hotel, Denton, Manchester, M34 7GD
Meadow Lane, Former Old Rectory Hotel, Denton, Manchester, M34 7GD, Manchester, Denton
- on application
