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Offers Over  £150,000

Gerard Street, Ashton-In-Makerfield, WN4 9AG

Opportunity to purchase a fantastic investment property with both commercial & residential lease

  • Commercial and residential investment
  • Fantastic annual yeild
  • Centrally located in the town
  • Two bed top floor flat
  • Ground floor commercial business
  • Long term tenants
  • Call for more information

CALLING ALL INVESTORS. OFFERED WITH NO ONWARD CHAIN. This is a superb opportunity to purchase a fantastic investment property that benefits from a commercial and residential lease. The property is made up of a commercial unit on the ground floor with a long-term sitting tenant and a recently refurbished two bed residential flat on the second floor which is currently available. Gerard Street is situated in the ever-popular area of Ashton-In-Makerfield and sits along the main road through the town. The town boasts a wide range of shops, bars and restaurants and is always in demand for professional tenants looking for a place to live. The current use of the ground floor unit is a local long-term trading hairdressers. Upstairs has recently been rented out as a two-bed flat and achieved £425 per calendar month. The flat is currently empty as has undergone some refurbishment but we are confident it would re-let as soon as it went back on the local market. The current annual yield will be approximately 10% once the flat upstairs has been let. For further details on the lease and viewings arrangements pleas give the Wigan office a call on 01942 205555 and we will be happy to help.

Council Band A Band B Band C Band D Band E Band F Band G Band H  
Wigan Council £912.44 £1,064.51 £1,216.58 £1,378.40 £1,672.80 £1,976.95 £2,281.10 £2,737.32 Website
West Lancashire £1,001.18 £1,168.05 £1,334.92 £1,501.77 £1,835.49 £2,169.23 £2,502.95 £3,003.54 Website
South Ribble Borough Council £1,014.34 £1,183.41 £1,352.47 £1,521.52 £1,859.63 £2,197.76 £2,535.86 £3,043.04 Website
Chorley Borough Council £1,003.58 £1,170.85 £1,338.11 £1,505.37 £1,839.89 £2,174.43 £2,508.95 £3,010.74 Website

All council Tax Bandings are indicatory. Please check the precise banding for a property of interest.

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