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18 Market St 1,617 sq ft Retail Property Oldham OL2 8NH £249,500 (£154.30/sq ft) 8.28% Net Initial Yield
Investment Highlights
- Mixed-use freehold investment
- Separate retail and residential access
- Producing £20,700 per annum
Executive Summary
The property comprises a mixed-use building occupying a prominent corner position within Shaw town centre. Arranged over ground and first floors, it provides a commercial retail unit at ground floor level with a separately accessed self-contained residential flat above. The retail accommodation fronts Market Street, while the first floor provides two-bedroom residential accommodation with living, kitchen and ancillary space. Both elements are independently occupied and accessed, creating a dual-income investment asset within an established commercial location.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,617 sq ft
Costar Property Class
B
Year Built
1893
Price
£249,500
Price per sq ft
£154.30
Yield
8.28%
NOI
£20,659
Tenancy
Single
Number of Floors
2
Plot ratio
0.91
Total Plot Size
0.04 ac
Frontage
22 ft on Market St
Amenities
- Security System
- Roller Shutters
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Photos
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18 Market St
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