Hollins Road, Oldham, Oldham, OL8 3AA - Online Auctions

Attention landlords and investors! A mixed-use investment property comprising a ground floor retail unit together with a self-contained one-bedroom flat to the first floor producing an annual income of £13,200 and giving over 14% Gross Yield. To the rear of the ground floor there is potential for further development, subject to obtaining the necessary planning consents. The property occupies a prominent position on Hollins Road, close to local shops, amenities and transport links providing easy access to Oldham town centre and Manchester. Ground Floor: Retail unit with shop front, WC & kitchen area. First Floor: One-bedroom flat with private side entrance, comprising lounge, kitchen, double bedroom and shower room. Both elements are currently let and producing a total income of £13,200 per annum. Outside: Spacious rear yard area with access towards Copster Hill. Interested parties should be aware that the property has suffered from some structural movement and buyers are advised to do their own research in this regard. Ground Floor Shop Front Kitchen Area Outdoor store First Floor Living Room Kitchen Bedroom Shower Room A 10/07/1936 920 years (831 years unexpired) In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.