Redevelopment/Investment for Auction Greater Manchester M46

Auction Date 22 May 2024
Guide Price £200,000
Property Summary

Guide Price £200,000 - £220,000. Two adjacent, mid terrace commercial units with accommodation arranged over three storeys. No. 14 is currently let to a hot food takeaway operator, generating a passing rent of £250pw equivalent to £13,000pa. No.12 is currently derelict and is supported by erected scaffolding. The adjoining properties benefit from approved planning permission to be demolished and replaced with a new three storey property which would comprise 2 x ground floor retail units and 7 x 1 bedroom flats.

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