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864 and 864a Manchester Road... 2 bed apartment for sale
864 and 864a Manchester Road, Castleton OL11 2SP
£165,000
864 and 864a Manchester Road, Castleton OL11 2SP
£165,000
Price History
| Initial price | £170,000 |
| 14/05/25 | £165,000 |
| Price Change | -2.94% |
Description
This is a unique investment opportunity in Castleton Village, consisting of a ground floor shop and premises, currently let out for £660 per month, and a 2-bedroom apartment above, generating £695 per month. The property is well-presented and situated in the heart of the village, within walking distance to the train station. The shop has a floor area of approximately 505 sq.ft. and includes a front office, kitchen, and separate WC, while the apartment has a floor area of approximately 450 sq.ft. and features a kitchen, lounge, two bedrooms, and a bathroom. The property is leasehold and subject to a 5-year business tenancy with a break clause after 2.5 years. The covenants within the lease restrict certain uses of the property, including certain antiquated trades and certain types of retail. The property is rated C70 for energy efficiency and D67 for the apartment.