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For SalePOA

Former YMCA Building

Residential, Land, Retail, Leisure, Commercial Land , 6847 Sq Ft
Property type: Residential, Land, Retail, Leisure, Commercial Land
Tenure: Investment Opportunity, For Sale Freehold
Size: 6847 Sq Ft
Price: POA
Location: Former YMCA Building Prince Street, Union Street, Oldham, OL1 1EN
-Freehold

-Town Centre

-636.10 sq m (6,847 sq ft)

-Adjacent to Oldham Mumps Metrolink

-Adjacent to Princes Gate regeneration scheme

LOCATION
The property is located in the centre of Oldham, at the junction of Prince Street and Roscoe Street, a short distance from the Oldham Mumps Metrolink, at the eastern end of the main town centre shopping area. The property is well positioned with direct access to the A62 Oldham Way, which links to the A627 for access to Ashton-under Lyne (5 miles South) and the M60 motorway at Junction 21 (2.5 miles South West). The A627M also links to the M62 motorway at Junction 20 (5 miles North). Manchester City Centre is located approximately 8 miles to the South West.

DESCRIPTION
The property comprises a former YMCA building, of brick construction, set beneath a pitched slate roof and arranged over ground and first floor plus basement. The property provides extensive internal parking and storage facilities to the ground floor and basement, which can be accessed via Prince Street and Roscoe Street, together with further accommodation to the first floor. The main pedestrian access is from Prince Street.

BUSINESS RATES
The property is entered in the 2017 Rating List as: Description: Garage and Premises Rateable Value: £11,750 The Uniform Business Rate for the financial year 2017/18 is £0.466.

ACCOMMODATION
We have calculated a site area of 0.03 hectares (0.07acres). In accordance with the RICS Code of Measuring Practice, we have calculated that the property has the following Net Internal Area:

PLANNING
The property is located adjacent to the proposed Princes Gate town centre regeneration scheme which will provide 150,000 sq ft of retail space to be built on the current Park and Ride site; 800 quality homes - including apartments and a total of around 700 car parking spaces; refurbishment of the former Nat West bank building to include apartments, retail and leisure units; a replacement Park and Ride facility on the opposite side of the road on land between Beaver Street and Wallshaw Street and a new retail/residential unit on the RSPCA/Roscoe Mill site hosting a major supermarket tenant with 50 apartments above across three storeys. Parties should make their own enquiries with Oldham Council on 0161 770 4105.

TENURE
We understand that the property is held Freehold and Long Leasehold under Title No's OL598 and OL599.
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