864 and 864a Manchester Road... 2 bed apartment for sale

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864 and 864a Manchester Road... 2 bed apartment for sale

864 and 864a Manchester Road, Castleton OL11 2SP
£165,000

Our Summary

  • ADAMSONS BARTON KENDAL are pleased to bring to the market this fabulous investment opportunity in the form of a ground floor shop and premises, currently let out on a business tenancy for a period of 5 years, with a break clause after 2 ½ years at a rental figure of £660 per calendar month

Description

This property is a unique investment opportunity in Castleton Village, comprising a ground floor shop and premises, currently let out for 5 years with a break clause after 2.5 years, generating £660 per month. The shop has a floor area of approximately 505 sq.ft. and features a front office, kitchen, and separate WC. The basement includes two cellar rooms and a rear store. Additionally, the property includes a 2-bedroom apartment on the first floor, let out on an assured short hold tenancy agreement, generating £695 per month. The apartment has a kitchen, lounge, two bedrooms, and a bathroom. The property is situated in the heart of the village, close to the train station with links to Manchester and beyond. Note that the lease covenants restrict the use of the property to certain trades and activities.