Property photos
Freehold
£185,000
(£75.51/sq. ft)
Property for sale
Market Place, Heywood OL102,450 sq. ft
Local area information
Property location
Nearby amenities
- Harwood Park Primary School 0.2 miles
- St Luke's Church of England Primary School 0.4 miles
- Castleton (Manchester) 1.7 miles
- Rochdale 3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Heywood to find out more about the local area.
Features and description
- Freehold
- Commercial Building
- In the Heart of Heywood
- Investment Opportunity
- Currently Split into 2 Units
- Gross Yield of 8.76%
- Tenanted on 5 Year Leases
- Approx 2450 sq ft
- Would Consider Selling Seperately
- Businesses Unaffected
Choice Estates are delighted to offer For Sale this fantastic commercial building in the heart of Heywood. Currently split into two units, this would be an excellent investment opportunity as both units are currently tenanted, producing a gross yield of 8.76%.
Overview
Choice Estates are delighted to offer For Sale this fantastic commercial building in the heart of Heywood. Currently split into two units, this would be an excellent investment opportunity as both units are currently tenanted, producing a gross yield of 8.76%.
The ground floor unit is approximately 2000sq ft and is occupied by the current tenants on a 5 year lease which commenced in November 2023 at an annual rent of £10,200pa.
The first floor unit is approximately 450sq ft and is occupied by the current tenants on a 5 year lease which commenced in May 2023 at an annual rent of £6,000pa.
The current owner would consider selling each unit separately on the following basis:-
Ground Floor- £120,000 (8.5% Gross Yield)
First Floor- £65,000 (9.2% Gross Yield)
All enquiries and viewings are strictly through Choice Estates. The businesses are independently operated and are still trading, so please be respectful, thank you!
Overview
Choice Estates are delighted to offer For Sale this fantastic commercial building in the heart of Heywood. Currently split into two units, this would be an excellent investment opportunity as both units are currently tenanted, producing a gross yield of 8.76%.
The ground floor unit is approximately 2000sq ft and is occupied by the current tenants on a 5 year lease which commenced in November 2023 at an annual rent of £10,200pa.
The first floor unit is approximately 450sq ft and is occupied by the current tenants on a 5 year lease which commenced in May 2023 at an annual rent of £6,000pa.
The current owner would consider selling each unit separately on the following basis:-
Ground Floor- £120,000 (8.5% Gross Yield)
First Floor- £65,000 (9.2% Gross Yield)
All enquiries and viewings are strictly through Choice Estates. The businesses are independently operated and are still trading, so please be respectful, thank you!
More information
Listed by
Choice Estates
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Property descriptions and related information displayed on this page are marketing materials provided by - Choice Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Choice Estates for full details and further information.