Images for 242 Oxford Road, Gomersal, Cleckheaton
Images for 242 Oxford Road, Gomersal, Cleckheaton
Images for 242 Oxford Road, Gomersal, Cleckheaton
Images for 242 Oxford Road, Gomersal, Cleckheaton
Images for 242 Oxford Road, Gomersal, Cleckheaton
Images for 242 Oxford Road, Gomersal, Cleckheaton
Images for 242 Oxford Road, Gomersal, Cleckheaton

Investment For Sale
242 Oxford Road, Gomersal, Cleckheaton

Asking Price £185,000

Description

  • COMMERCIAL INVESTMENT/DEVELOMENT OPPORTUNITY
  • ERV: £21,600 per annum
  • 5 Commercial units within a former residential dwelling
  • Potential for conversion into residential use
  • 1 Unit currently let, with 4 vacant units ready for occupancy
  • EPC Asset Rating D

The property comprises a two storey stone built commercial property which has been converted from a residential dwelling. The property has been configured to have a communal lobby/waiting room/reception with 3 units on the ground floor and 2 units on the first floor. The property benefits from having communal toilets and kitchen. The ground floor includes a lobby area/Room 1, communal kitchen, toilets and two units towards the rear of the property with a back garden. The upper floor also has a toilet with two separate units, one of which is currently let. The property would be attractive to an investor looking to fully let the property at an attractive yield of 10.4% or someone looking to owner occupy part of the property whilst receiving a rental income from the other units. Furthermore, the property has the potential to be converted back into a residential home or two apartments subject to planning. The vendor is selling due to retirement. The property is well positioned between Cleckheaton and Birstall allowing access to Junction 26 and Junction 27 of the M62 motorway network and has the benefit of good frontage onto Oxford Road.

Location

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