Available
mixed
1 bed Mixed Use Commercial For Auction
Property Description
TO BE SOLD BY ONLINE AUCTION ON 22ND - 23RD APRIL 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS504 Wigan Road, Atherton, M46 0GAAn excellent opportunity to acquire a detached mixed-use investment property producing a strong and increasing rental income, making it an ideal purchase for investors and buy-to-let landlords seeking a ready-made income generating asset.The property is currently fully let and producing £20,200 per annum, comprising £13,000 from the ground floor commercial unit and £7,200 from the first floor flat.As per the tenancy agreements, both rents are due to increase in April 2026, bringing the total income to £22,700 per annum (£14,000 shop / £8,700 flat), providing purchasers with an enhanced income stream and attractive yield.Extending to approximately 1,377 sq ft (128 sq m), the property comprises a ground floor barber shop and a self-contained one-bedroom flat above, offering diversified residential and commercial income.Externally, the property occupies a generous plot with off-street parking to the front for up to three vehicles, together with a large rear garden.Situated in a prominent position on Wigan Road (A577) within a densely populated residential area, the property benefits from excellent visibility, strong passing trade and convenient access to the M61 (Junction 5).The property may also present future development potential, subject to the necessary consents, with scope for purchasers to explore alternative residential configurations given its detached nature and generous plot.A ready-made tenanted investment with rising income and strong long-term potential.EPC on Order.
Available
£170,000
Guide price — final price set at auction
Wigan Road
Atherton, Greater Manchester M46
Wednesday 22 Apr 2026
8:42 PM
1 bed