SSTC £100,000 - Commercial
Searz are delighted to bring this freehold prominent positioned conveniently and easily identifiable premises to the market which is currently used as a post office. The post office is quite flexible and is willing to sign up to a 15 year lease on flexible terms negotiable £5,500 per anum. Or the post office is happy to relocate its premises for vacant possession requiring a six month notice is given.
Ground floor premises is a approx 520 sq.ft
To the first floor there is ample enough to convert to 3 bed studio flat with a potential ADDITIONAL income of £6,600 per anum.
TOTAL POTENTIAL YIELD 12%.
Additional Details
- Price: £100,000 offers invited
- Address: 817 Manchester Road
- Location: Castleton, Rochdale
- Property Type: Commercial
- Size: 520 sq.ft
- Yield: 12%
