Property Auctions - property investments ashton under lyne

Auction date: Thu, 25/01/2024 - 09:00

A three-storey light industrial unit located in a predominantly industrial location. The ground floor is currently let out on a 5-year lease which started in 2023, the monthly rental income is £700 pcm and is due to increase after the first year to £1,000 pcm. The first and second floor are currently vacant but in a lettable condition. The potential rental income once fully occupied is £36,000 per annum. The property may also suit alternative uses, such as HMO on the upper floors, subject to the necessary consent.