Auction Agent
2 Mason Street
Bury
Lancashire
BL9 0RH
0161 791 3099
Jubilee Rd/Dale Rd, Middleton - Fully let income producing investment achieving £16,200 per annumAuction Guide Price £125,000 - £150,000
Main Image
Exterior- click for photo galleryCafe- click for photo galleryKitchen/Lounge- click for photo galleryBathroom- click for photo galleryKitchen/Prep area- click for photo galleryBedroom 1- click for photo galleryBedroom 2- click for photo galleryKitchen/Lounge 2- click for photo galleryKitchen/Prep Area 2- click for photo galleryWC- click for photo gallery
On MarketAuction Agent - 0161 791 309900000704
For sale by online auction starting on Tuesday 15th April 2025, bidding will be on the Auction Agent website. A superb opportunity to purchase a mixed-use premises with a ground floor cafe and a first floor self-contained flat. The building is to be sold fully let with an annual rental income of £16,200. This is an ideal buy to let investment already producing income with an established tenant (giving an almost 13% return based on the lower guide). The ground floor comprises a retail area, a fully functioning preparation area/kitchen and W.C. and benefits from a 3 phase electrical supply. There is also a basement area for additional storage. The first floor flat comprises two bedrooms, a living room/kitchen and a separate bathroom. It has recently been fully refurbished with a new bathroom, flooring and carpets and benefits from electric heaters in each room and uPVC double glazing. The assured shorthold tenancy is subject to a yearly rent review with an increase of around 7-10%, which means the new owner can expect an even stronger rental yield. Guide Price £125,000 – £150,000. The property is located close to Middleton Town Centre and is well located for local amenities with a good selection of shops, pubs, restaurants and schools nearby. Buyers are advised to check the legal pack before bidding for details of the lot and fees, this will be available on the Auction Agent website once received. Buyers are also advised to check the website for any updates to the lot before the auction.
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