Wigan Road, Atherton, Manchester, M46 0GA

Summary Details

Hyde Estates are pleased to offer this detached investment opportunity. The property comprises a ground floor commercial unit and first floor one bedroom apartment with an approximate internal area of 1377sqft / 128sqm.

Full Details

Situated in a highly visible position on Wigan Road A577, a continuation of A579 Bolton Road with easy access to the M61 motorway junction 5. Ideally positioned in a densely populated residential area with lots of passing trade.Ground Floor
The ground floor commercial unit has an approximate internal area of 742sqft /69sqm and is currently let as a Barber Shop until April 2028 with the current rent £12,000 per annum increasing to £13,000 in April and continuing to increase by £1,000 on a yearly basis. Currently generating an approximate yield of 7% increasing to 8% from April this year, the unit benefits off street parking for multiple vehicles and sits on a generous plot with large rear garden.

First Floor
To the first floor is a one bedroom apartment with an approximate internal area of 635sqft / 59sqm currently achieving £6,000 per annum in rent, increasing to £7,200 from March 2025.

Additional Information
UPVC double glazed windows and sliding doors to the rear, gas combi boiler, security alarm and mains utilities, a storage shed is situated to the rear.

Tenure
We understand that the property is FREEHOLD.
Size
Approx 1,377sqft / 128sqm

Viewings
To be arranged via Hyde Estate & Letting Agents 0161 773 4583.

Note
Although these details are believed to be correct, they are not guaranteed. Sizes given are approximate dimensions.

Material Information
Council Tax Band: A

Material Information

• Council Tax Band: A