Investment Properties for sale in Rochdale

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 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £295,000
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Business Description
Income of £24,000 per year.
Long Lease advised, Signed 2016.
Operating Franchise Business Inside
8.1% Yield
Spacious Premises

Blacks Brokers are delighted to bring to the market this versatile and spacious investment property in Rochdale, currently housing an operating franchise business.

205 Drake Street is a spacious two storey, semi-detached property located on the corner of Drake Street and Castlemere Street. Our client offers for sale to pursue other business interests, offering an opportunity to purchase this large property with much potential for conversion and expansion in a busy, sought after area of Rochdale, Lancashire.

205 Drake Street has recently been updated externally with new paintwork and signage for the franchise business that is currently operating from there. The entrance is a decked, ramped area with glass double doors leading into the main front of house area. Outside there is plenty of free parking, and the main road location provides a lot of passing traffic. There is also a large local residential community. Once inside the building the size and layout of the business can be fully appreciated. All areas are very spacious and well presented, with a large function room on the first floor with full air conditioning and heating, the room has capacity for up to 115 people, a buffet area and male and female toilets. The main kitchen is located on the ground floor, and is fully equipped with good quality fixtures and fittings. In the basement there are additional toilets.

Viewings are strongly advised as soon as possible, this property offers a solid investment in a desirable area with plenty of possibilities for conversion and expansion.

Tenure: Freehold

Accommodation Details:
Function room with full a/c and heating
Capacity for 110-115 Covers
Buffet area
Male and Female Toilets
Large Front of House
Kitchen Area
Downstairs Toilet

Location Details: Rochdale

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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