332 Grimshaw Lane, Middleton, M24 2AU

Description

An excellent opportunity to acquire a prominent, main road fronted commercial premises currently arranged as a café/bakery, situated on the busy Grimshaw Lane in Middleton, Greater Manchester. The property offers a single open-plan trading room to the ground floor, with a versatile office/store room and WC at first floor level. The property would suit a range of purchasers, including owner-occupiers seeking their own food-led business, investors looking for a commercial asset, or those looking to explore alternative uses, subject to the necessary planning consents.

Accommodation

Ground Floor: Shop. First Floor: Office and WC.

Location

Grimshaw Lane is a well-established and busy thoroughfare in Middleton, a popular town approximately 6 miles north of Manchester city centre. The property benefits from strong road frontage, regular passing vehicle and pedestrian traffic, and a densely populated residential catchment nearby. Excellent transport links are close at hand, including access to the M60 and M62 motorways, nearby bus routes, and Metrolink services from surrounding stops, providing easy connectivity to Manchester, Rochdale, Oldham and the wider region.

Tenure / Property Information

Investment Analysis

Prominent vacant freehold commercial premises arranged as a café/bakery. The £100,000 2024 sale of 350–352 Grimshaw Lane is nearby but is a different property and provides insufficient evidence for a reliable valuation. The older £47,000 sale is historical and also not directly comparable. Commercial rental, rateable-value and condition evidence is unavailable.

Investment Snapshot

Strategy Recommendation

Consider only after legal, planning, condition, EPC, rates and commercial rental due diligence. The evidence currently supports potential owner-occupation more than an underwritten investment strategy.

Works Required

No specific defects or refurbishment requirements are evidenced. Budget and verify only lawful occupation/use, condition, services, EPC, rates, planning position and any café/bakery fit-out requirements.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be assessed without a supported commercial GDV, rent, works budget and refinance terms. The guide price plus the stated minimum administration fee is £48,100 before any disbursements or other acquisition costs.

Buy-to-Let Analysis

BTL analysis cannot be established because no commercial passing rent or reliable commercial rental evidence is supplied. Residential rental listings are not suitable proxies for this commercial property.

Flip Analysis

A flip surplus cannot be calculated because no supported resale GDV, works allowance or selling-cost allowance is available. The nearby comparable is insufficiently similar to underwrite a resale value.

Investor Risks & Due Diligence

• No commercial rental evidence or passing rent is supplied.

• Rateable value and business rates require verification.

• EPC rating is stated as TBC.

• Alternative uses require necessary planning consents.

• Legal-pack disbursements may be payable and are unspecified.

• Condition, services and fit-out requirements are not evidenced.

• Nearby sold comparables are not directly comparable or sufficiently numerous.

Recommendation

Consider only after legal, planning, condition, EPC, rates and commercial rental due diligence. The evidence currently supports potential owner-occupation more than an underwritten investment strategy.

Strategy Rating

Analysis Confidence

Property description and tenure are supplied, but commercial rent, valuation, condition, EPC, rates, planning and works-cost evidence are absent; comparables are limited and not directly comparable.