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168 Rochdale Old Rd

1,008 SF Retail Building Bury BL9 7RQ £250,000 (£248/SF) 8.40% Net Initial Yield

Investment Highlights

  • Situated on in a very prominent position on Rochdale Old Road (B6222).
  • Benefits from good sized fenced and gated yard to the side for approx 12 vehicles.
  • Features reasonably good access to the M66.

Executive Summary

The property is available for sale at an asking price of £250,000. The current tenant is paying £21,000 per annum exclusive for a term of 5 years from 1st October 2021.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Retail
Building Size
1,008 SF
Building Class
B
Year Built
1960
Price
£250,000
Price Per SF
£248
Net Initial Yield
8.40%
NOI
£21,000
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Land Acres
0.36 AC
Frontage
28 ft on Rochdale Old Road

Amenities

  • Security System
  • Storage Space

Nearby Major Retailers

ALDI
Farmfoods
Iceland
Starbucks
The Co-operative Food
ASDA
JD Gyms
Costa Coffee
Pure Gym
Nando's
  • Listing ID: 32700137

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: 168 Rochdale Old Rd, Bury BL9 7RQ

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