Description

Part Let Commercial Investment

3 Self Contained Unit

National Covenant to Part

Current Income of £17,800 per annum

Potential Annual Rental Income – £30,300 per annum

Popular Village Location

Rare Opportunity

FOR SALE: Offers Around £365,000

The property is situated in the centre of Lees Village, which is approximately one and half miles to the east of Oldham town centre and eight miles northeast of Manchester city centre. It is in a prominent parade position on the north side of High Street facing the Junction with Thomas Street and St. Thomas Parade. High Street (A669) is one of the main routes between Oldham and Saddleworth.

A part let investment property, extending to 254.27 sq m (2,737 sq ft), or thereabouts, comprising three self-contained units extending over basement, ground & first floors and attic storage.  William Hill Plc occupy the ground floor and JW Minton & Co Limited, the upper floors. 103 High Street is vacant at a rental of £12,500 per annum exclusive.

We understand that approximate net internal floor areas are:

101 High Street       65.03 sq m              (700 sq ft)

103 High Street       50.10 sq m              (539 sq ft)

103a High Street   139.16 sq m             (1,498 sq ft)

Total                       270.99 sq m             (2,917 sq ft)