Prominent Victorian retail units with two self-contained flats and basement storage.
Fully let mixed-use investment producing a reported 6.4% yield
A substantial, fully let mixed-use investment in Sale town centre, offered as a single lot. The property comprises two ground-floor Victorian retail units (one with an extensive basement around 1,500 sq ft) and two self-contained residential flats above, totalling approximately 4,767 sq ft. Positioned on pedestrianised School Road, the location benefits from strong footfall and immediate access to Metrolink and local amenities.
The investment currently produces a reported 6.4% yield and delivers immediate rental income. The flats are generously proportioned and one includes a private rear courtyard — a rare feature in a town-centre setting. Practical strengths include excellent mobile signal, fast broadband potential and very low council tax for the residential units.
Buyers should note material considerations: heating is by electric storage heaters, the building is solid-brick with no known cavity insulation, glazing is double but installation dates are unknown, and the EPC rating is D. Tenure is not specified. The lot is being sold via online auction with a starting bid of £500,000 and standard auction fees and non-refundable deposit/ reservation payments apply — bidders must review the legal pack and AML verification requirements before bidding.
This property suits investors seeking an income-producing, centrally located asset with scope for medium-term value uplift through energy and fabric improvements. The prominent shopfronts and basement storage create flexible options for retail or ancillary uses, while the stable tenant mix provides predictable cashflow from day one.
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