5 bed Mixed Use Commercial For Auction
Oldham Road, Ashton under Lyne, Greater Manchester, OL7

TO BE SOLD BY ONLINE AUCTION ON 26 TH MARCH UNLESS SOLD PRIOR UNDER AUCTION TERMS.

** 490 - 492 OLDHAM ROAD, ASHTON OL7 9QH**

An exciting investment opportunity presents itself with this mixed-use detached property, offering a multitude of possibilities for lucrative returns. Currently being utilised as additional storage for a thriving business, the property features a spacious shop floor, complete with a kitchen, downstairs WC, and workshop/staff room on the ground floor. On the first floor, until recently, it operated as a highly successful six-bedroom House in Multiple Occupation (HMO), boasting shared kitchen, two communal shower rooms, and four double bedrooms renting at £475 pcm, along with two single bedrooms at £425 pcm, totalling £33,000 per annum (before utility deductions).

Furthermore, it includes a 3000 sqft carpark with a self-contained warehouse/workshop unit which could provide residential parking or a great size plot for development (subject to planning).

Situated prominently on the main road linking Oldham to Ashton, this property currently serves as an exceptional commercial unit and a profitable HMO investment. However, its potential extends far beyond its current configuration, presenting an opportunity that shouldn't be overlooked.

VAT PAYABLE

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