Report a Fault 62 – 64 Market Street, Atherton M46 0DP
2,098 Sq Ft
£200,000
- Type: Investment
- Availability: Withdrawn
- Cafe Bar Investment
- 9% Gross Initial Yield
Situation
The property is situated in the prime shopping area of the small town of Atherton which is located between Wigan and Leigh, on the edge of Manchester. Occupiers in the immediate vicinity include Boots, Quality Save, Greggs, Hays Travel Agents, Heron Foods.
Description
(Business not affected)
The property is 2 storey with brick walls under a part pitched and part flat roof. It has recently been fully refurbished and let as a Café Bar, having been occupied for many years by Lloyds Bank.
Tenure Comments
The Property is Freehold.
Price
£200,000 equating to a Gross Initial Yield 9%
Rent
Potential: The rent is geared to the annual increase of the Retail Price Index (RPI).
Income: £18,369.30 pa
The property is situated in the prime shopping area of the small town of Atherton which is located between Wigan and Leigh, on the edge of Manchester. Occupiers in the immediate vicinity include Boots, Quality Save, Greggs, Hays Travel Agents, Heron Foods.
Description
(Business not affected)
The property is 2 storey with brick walls under a part pitched and part flat roof. It has recently been fully refurbished and let as a Café Bar, having been occupied for many years by Lloyds Bank.
Tenure Comments
The Property is Freehold.
Price
£200,000 equating to a Gross Initial Yield 9%
Rent
Potential: The rent is geared to the annual increase of the Retail Price Index (RPI).
Income: £18,369.30 pa
