LIVE STREAM AUCTION ON TUE 08/12/2020 AT 02:00PM
Shop & Two Apartments All Tenanted Producing £17,040pa/£1,420pcm
Shop & Two Apartments All Tenanted Producing £17,040pa/£1,420pcm. Having been extensively refurbished and improved this is probably one of the best condition properties in the Centre of Hyde. Briefly comprises a self-contained Shop to the Ground Floor and Two Apartments utilizing the First and Second Floors Producing a Gross Income of £17,040pa/£1,420pcm. The property occupies an excellent trading position, on Market Street, and backs onto the Clarendon Square Shopping Centre, the key shopping destination in Hyde as well as being close to the Outside Market.
See legal pack
Not inspected by Auction House Manchester but we are advised the property comprises the following:
Ground Floor Shop
comprising, Shop, Store, Kitchen & WC Let to Hyde Pet Foods at a rental of £650pcm/£7,800pa.
First/Second Floor Apartment 71a
Duplex comprising, Hall, Bedroom and Shower Room to the First Floor and a Lounge/Kitchen to the Second Floor producing £395pcm/£4,740pa.
First Floor Apartment 71b
comprising, Hall, Lounge/Kitchen, Bedroom & Shower Room producing £375pcm/£4,500pa.
There is a Yard to the rear.
Energy Efficiency Rating (EPC)
Current Rating 2
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1200 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
There is no access for internal inspection and the tenants must not be disturbed