Prominent unbroken parade in the very heart of the popular town of Ashton-under-Lyne
Located just 6.5 miles east of Manchester City Centre
Very strong tenant line up including McDonald's, Shoe Zone, Paddy Power and Tameside Council
Total passing rent of £425,505 per annum
McDonald's have just signed a new 10 year lease (TOB 5th year)
Numerous asset management opportunities including the letting of the vacant units and potential future utilisation of the upper floors
Substantial property providing 31,200 sq ft (2,900 sq m)
Freehold
The town has seen and continues to see significant investment upwards of £100 million
We are instructed to seek offers in excess of £2,400,000 (Two Million, Four Hundred Thousand Pounds) subject to contract and VAT. A purchase at this level would reflect a Net Initial Yield of 16.67%, including rental guarantees on two units and allowing for standard purchaser's costs of 6.36%.
