Guide price
£149,000
Property for saleRipponden Road, Oldham OL1
1 bath
About this property
Butty Shop downstairs, Office Space upstairs.
Dual Income Potential: This property offers a secure income stream from both floors.
Total Annual Income: £10,920 with long-term tenants in place.
Prime Location: Situated on Ripponden Road, Oldham, this property benefits from high visibility and excellent foot traffic, making it a sought-after commercial location.
Freehold Ownership: Offering a freehold sale, this property is perfect for investors or owner-occupiers looking for long-term control and potential rental income.
High Footfall and Passing Trade: The property’s location ensures consistent footfall, providing ongoing exposure.
Freehold Commercial Property For Sale – Buy-to-Let Investment Opportunity
An excellent opportunity to acquire a freehold commercial property in a prime location on Ripponden Road, Oldham. This fully tenanted, income-generating investment consists of a ground-floor butty shop and a first-floor office space, both secured under 3-year lease agreements, making it a turnkey buy-to-let opportunity for investors.
Property Features:
• Ground Floor – Butty Shop: Currently occupied by The Butty Box, a well-established business benefiting from regular footfall and passing trade. The tenant pays £120 per week (£6,240 per annum) under a 3-year lease agreement.
• First Floor – Office Space: A self-contained office with separate access, currently let to a tenant paying £90 per week (£4,680 per annum) under a 3-year lease agreement.
• Total Rental Income: £10,920 per annum with long-term tenants in place.
• Location: Situated on a busy main road in Oldham, benefiting from strong visibility and accessibility.
External Description:
The property has a brick exterior with a large glass shop front, providing excellent visibility from Ripponden Road. The entrance is clearly marked with a well-positioned sign above. The wide pavement in front offers space for outdoor signage. The building has a well-maintained appearance, blending well with the surrounding businesses.
Internal Description:
• Ground Floor Butty Shop: A bright front service area with a counter, display units, and seating. The kitchen is well-equipped, offering ample workspace and storage. A stock/back room at the rear provides additional storage and utility space.
• First Floor Office Space: Accessed via a separate entrance, the office area consists of two rooms, both well-lit and spacious. A WC is also included for convenience.
With long-term tenants already in place, this property presents a fantastic investment opportunity with immediate rental income.
An excellent opportunity to acquire a freehold commercial property in a prime location on Ripponden Road, Oldham. This fully tenanted, income-generating investment consists of a ground-floor butty shop and a first-floor office space, both secured under 3-year lease agreements, making it a turnkey buy-to-let opportunity for investors.
Property Features:
• Ground Floor – Butty Shop: Currently occupied by The Butty Box, a well-established business benefiting from regular footfall and passing trade. The tenant pays £120 per week (£6,240 per annum) under a 3-year lease agreement.
• First Floor – Office Space: A self-contained office with separate access, currently let to a tenant paying £90 per week (£4,680 per annum) under a 3-year lease agreement.
• Total Rental Income: £10,920 per annum with long-term tenants in place.
• Location: Situated on a busy main road in Oldham, benefiting from strong visibility and accessibility.
External Description:
The property has a brick exterior with a large glass shop front, providing excellent visibility from Ripponden Road. The entrance is clearly marked with a well-positioned sign above. The wide pavement in front offers space for outdoor signage. The building has a well-maintained appearance, blending well with the surrounding businesses.
Internal Description:
• Ground Floor Butty Shop: A bright front service area with a counter, display units, and seating. The kitchen is well-equipped, offering ample workspace and storage. A stock/back room at the rear provides additional storage and utility space.
• First Floor Office Space: Accessed via a separate entrance, the office area consists of two rooms, both well-lit and spacious. A WC is also included for convenience.
With long-term tenants already in place, this property presents a fantastic investment opportunity with immediate rental income.
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