Dual Income - Rent From Commerical & Residential Returning 10% Yield
No Stamp Duty to Pay
Sought After High Street Location - High Footfall
No Chain
Ample Nearby Parking
Close to Major Transport Links - M61, Daisy Hill & Atherton Train Station & Bus
An excellent opportunity to purchase this unique commercial property in the centre of Hindley Green, the centre of the popular Atherton Road. The unit receives a high volume of footfall throughout the day. Currently a hair and beauty salon the ground floor has been occupied by the tenant for a number years and created a well established local business. There is an excellent tenant in the upstairs apartment with no arrears.
The property has been renovated internally by the owner but does require some strucutral work. The upstairs flat has been newly renovated with new carpet, repainting, updated kitchen and more..... It would ideal any investors or commercial landlords wanting to add to their portfolio returning 10% yield.
The ground floor combines of a number of rooms with kitchen and w.c, with an excellent shop front. The apartment has its own access at the rear from Harrison Street up steel staircase to its own front door. The apartment itself is an excellent size with two double bedrooms, large lounge, kitchen and bathroom.
The position is unrivalled being in centre of Hindley Green, close to local pubs, shops and amenities. It is close to high residential area, other retail units and ample parking nearby.
Offered with No Chain and potential returning a high yield of dual income. Please call office to arrange a viewing.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.