Retail premises for sale in Lee Street, Oldham OL8

Guide price £599,000
Interested in this property? Call +44 161 506 8927 * or Request Details

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Retail premises for sale

Property features

  • Versatile Commercial Space
  • Modern Residential Flats Situated Above
  • Ample Parking
  • Strong Investment Potential

Property description

Discover a fantastic investment opportunity with this unique property that combines a versatile commercial shop space with modern residential flats above. Located in a highly sought-after neighborhood, this property offers a blend of convenience, comfort, and significant income potential.

The Shop: A Prime Investment Opportunity

The standout feature of this property is the expansive, standalone shop on the ground floor. This commercial space is perfect for a wide range of business ventures, from retail stores and cafes to professional offices and studios. With plenty of storage room, a large counter, a back office, a W/C, and "in-post" lockers outside with ample car parking, the shop provides an inviting and functional environment for both customers and business operations.

Key features of the shop include:

- Plenty of Storage Room: Ample space for inventory and supplies, ensuring a well-organized business operation.
- Large Counter: Ideal for customer service, transactions, and displays.
- Back Office: A dedicated space for administrative tasks and business management.
- W/C: Convenient restroom facilities for staff and customers.
- "In-Post" Lockers: Outdoor lockers for secure parcel deliveries and pickups.
- Ample Parking: Convenient parking options available, making it easy for clients and customers to visit.
- Modern Fixtures and Fittings: The shop is fully equipped with contemporary fixtures, ensuring a move-in ready condition for any business.
- High Foot Traffic Location: Situated in a bustling area, the shop benefits from excellent visibility and accessibility, attracting a steady stream of potential customers.
- Flexible Layout: The open floor plan allows for easy customization to suit various business needs, from retail displays to office cubicles or studio spaces.

With the increasing demand for versatile commercial spaces, this shop represents a significant opportunity to generate a robust rental income or to establish a thriving business.

Residential Flats: Comfortable Living with Income Potential

Above the shop, you’ll find multiple modern residential flats that offer comfortable and stylish living spaces, creating a welcoming and cosy atmosphere for tenants.

Key features of the flats include:

- Spacious Layouts: Each flat features an open-concept living area, well-appointed bedrooms, and contemporary bathrooms.
- Modern Amenities: The kitchens are equipped with stainless steel appliances, granite countertops, and ample storage space.
- Secure Access: The residential area is accessed via a secure entrance, ensuring privacy and peace of mind for tenants.

These residential flats offer a steady stream of rental income, making this property a lucrative investment. Whether you choose to rent out all the units or live in one while renting the others, you can enjoy the benefits of a dual-income property.

Why Invest Here?
- Strong Market Demand: Both the commercial and residential rental markets are strong in this area, ensuring high occupancy rates and attractive rental yields.
- Excellent Location: The property is situated in a vibrant community with easy access to shopping, dining, public transportation, and other amenities.
- Future Growth Potential: As the neighborhood continues to develop, property values are expected to rise, offering potential capital appreciation.

Don’t miss out on this exceptional investment opportunity that combines commercial and residential rental income streams. Schedule a viewing today and explore all the possibilities this property has to offer!

Property info

Floorplan(s): Floorplan 1

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For more information about this property, please contact
ABS Properties, OL8 on +44 161 506 8927 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by ABS Properties, and do not constitute property particulars. Please contact ABS Properties for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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