Rear of 25 Market Place, Heywood

Rear of 25 Market Place, Heywood

OVERVIEW

CHOICE ESTATES are delighted to offer For Sale this fantastic commercial building in the heart of Heywood. Currently split into two units, this would be an excellent investment opportunity as both units are currently tenanted, producing a gross yield of 8.76%.

The ground floor unit is approximately 2000sq ft and is occupied by the current tenants on a 5 year lease which commenced in November 2023 at an annual rent of £10,200pa.

The first floor unit is approximately 450sq ft and is occupied by the current tenants on a 5 year lease which commenced in May 2023 at an annual rent of £6,000pa.

The current owner would consider selling each unit separately on the following basis:-

Ground Floor- £120,000 (8.5% Gross Yield)
First Floor- £65,000 (9.2% Gross Yield)

All enquiries and viewings are strictly through Choice Estates. The businesses are independently operated and are still trading, so please be respectful, thank you!

  Book a Viewing or Call 01706 620158