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Turner Lane, Ashton-under-Lyne, Lancashire, OL6 - Image 1
Turner Lane, Ashton-under-Lyne, Lancashire, OL6 - Image 2
Turner Lane, Ashton-under-Lyne, Lancashire, OL6 - Image 3
Turner Lane, Ashton-under-Lyne, Lancashire, OL6 - Image 4
Turner Lane, Ashton-under-Lyne, Lancashire, OL6 - Image 5

Turner Lane, Ashton-under-Lyne, Lancashire, OL6

North West

£90,000
Listed on 02/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property features a mid-terrace, ground-floor self-contained hot food retail space that has most recently functioned as a fish and chip shop and café, servicing the local community during mornings and lunchtimes. With an area of approximately 41.6 sq. m., the layout includes an entrance seating area, a frying range, a rear kitchen/preparation room, and a covered storage area with restroom facilities. Situated in Ashton, this location benefits from good foot traffic and proximity to residential areas, making it an attractive option for both owner-occupiers and investors. The premises present significant renovation opportunities; potential buyers could explore extending trading hours or diversifying the menu to capture more of the local market, pending necessary consents from the local licensing authority. While currently equipped with fixtures associated with its last tenant, these items are not included in the sale, allowing you to customize the space according to your vision or business model. With the previous occupant having vacated approximately 18 months ago, there may also be opportunities to undertake renovations that bring this property up to modern standards while enhancing its operational capacity. This combination of location advantages and the potential for reconfiguration makes this property a notable consideration for those looking to invest in or establish a new venture within the thriving food retail sector. As always, prospective buyers are encouraged to conduct their due diligence regarding any specifics or conditions related to this opportunity.

Investment Analysis

(OL6 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (OL6)

Area prices are rising by +3.5% over the last 12 months
3 year growth: 8.9%
5 year growth: 49.3%
Investment Disclaimer: Analysis based on OL6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Turner Lane, Ashton-under-Lyne, Lancashire, OL6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£330
Based on a loan of £67,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE