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Winter Hey Lane, Horwich, Lancashire
OIEO £150,000 Freehold

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Property Description

  • INVESTMENT OPPORTUNITY
  • THE PROPERTY IS BEING SOLD WITH ONGOING TENANTS IN THE APARTMENT, AND BUSINESS TO GROUND FLOOR UNAFFECTED.
  • 1 BEDROOM APARTMENT TO FIRST FLOOR
  • COMMERCIAL SHOP GROUND FLOOR

GROUND FLOOR RETAIL PREMISES WITH LONG STANDING BUSINESS IN SITU - 1 BEDROOM APARTMENT TO FIRST FLOOR WITH ACCESS VIA THE REAR OF THE PROPERTY.

**THIS PROPERTY HAS LONG STANDING TENANTS IN SITU**

THE PROPERTY IS BEING SOLD WITH TENANTS IN SITU - BUSINESS UNAFFECTED.

RENTAL INCOME DETAILS

APARTMENT - £525 CURRENTLY (RENT INCREASE AGREED AT £575 PCM
SHOP PREMISES - £550 PCM

TOTAL GROSS INCOME (FROM INCREASED RENT AGREED) £1,125 PER MONTH.

TOTAL INCOME PER ANUM - £13,500

GROSS YEILD - 9% PER ANUM

FULL MANAGEMENT SERVICES AVAILABLE FROM HARRISONS - SPEAK TO OUR RENTAL TEAM.

COMMERCIAL EPC: C
RESSIDENTIAL EPC: D
COUNCIL TAX: A
TENURE: LEASEHOLD

PROPERTY LOCATION:
Aldi (0.3 MILES)
Ridgmont Park (1.0 MILES)
Middlebrook Retail Park (1.8 MILES)
Blackrod Train Station (1.3 MILES)
Rivington and Blackrod High School Lower School (0.3 MILES)
Beacon Primary School (0.3 MILES)

PROPERTY DETAILS:
Shop on the Ground Floor
Ample Storage Space
1 Bedroom Flat on the First Floor
Situated in the Heart of Horwich Town Centre
Sold with Tenant in Situ
Perfect Investment Opportunity


HARRISONS EXPERIENCE THE DIFFERENCE
BOOK A VIEWING ONLINE / TELEPHONE / WHATSAPP
FLEXIBLE VIEWING APPOINTMENTS AVAILABLE
OPEN 6 DAYS A WEEK
CONTACT OUR BRANCH FOR MORE DETAILS

Upstairs Flat
Accessible to the Rear of the Property.

Entrance Hallway: 2m X 1m
UPVC Front Door. Double Panel Radiator. Pendant Light.

Landing: 7.66m X 1m
Carpet Flooring. Ceiling Recessed Spotlights. Extractor.

Bathroom: 2.95m X 1m
Shower Room. Folding Glass Shower Screen. Shower Cubicle. Pendant Light. Extractor. Frosted Double Glazed Side Unit. White W/C. White Sink. Lino Flooring. Single Panel Radiator.

Bedroom: 2.67m X 3m
Double Bedroom. Double Glazed Fire Escape Window to Rear. Pendant Light. Carpet Flooring.

Kitchen: 1.65m X 3.05m
White Fitted Kitchen. Four Ring Ceramic Hob. Single Panel Radiator. Lino Flooring. Space for a Fridge/Freezer. Stainless Steel Extractor. Brick Splashback Tiles. Electric Oven. Ceiling Recessed Spotlights. Stainless Steel Sink with Chrome Mixer Tap. Plumbing for a Washer.

Lounge: 3.76m X 4m
TV Connection. Ceiling Recessed Spotlights. Carpet Flooring. Double Glazed Window to Front with an Opener.

Shop: 6.65m X 3.63
Accessible from the Front Main Road.

Storage: 3.1m X 1.74m
Wooden Flooring. Pendant Light. Electric Heating.

Kitchenette: 1.63m X 2.27m
Fitted Kitchen Units. Stainless Steel Sink with Individual Chrome Taps. Pendant Lights. Lino Flooring. Electrical Sockets.

W/C: 1.83m X 2.1m
Pendant Light. Lino Flooring. White W/C. Wall Sink. Extractor.

Storage to Rear: 3.62m X 2.25m
Strip Lighting. Lino Flooring.

AML Disclaimer
Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.

Agents Note
Under Section 21 of the 1979 Estate Agents Act we must declare if the owner of this property is related to an employee of Harrisons Lettings and Management Ltd.

Agents Note
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

POTENTIAL PURCHASERS:
Fixtures and fittings other than those mentioned are to be agreed with the seller.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Credas, which Harrisons Lettings and Management Ltd will send your AML check. There is a nominal charge of £30 including VAT for this (per person), payable direct to Harrisons Lettings and Management Ltd. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

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Rooms

Winter Hey Lane Horwich
Lancashire BL6 7AA
Sale Type: For Sale
Ref #: 329647
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