Light Industrial for sale

Oldham Road, Manchester

Offers in Region of £650,000
2,600–9,000 sq. ft.

Property Description

Commercial information

  • 2,600 sq ft (241 sq m)

Key features

  • Investment - Sale + Leaseback Option
  • Possible Development site subject to PP
  • Prominent Roadside Position

Full description

Trade Counter / Retail Premises on main road location
929 sq m (10,000 sq ft)

Location: - The property is located on the north side of Oldham Road (A62) at its junction with Wellington Street in Failsworth,
Manchester. The A62 is one of the busiest arterial routes running north out of Manchester and provides easy access into the city centre, Oldham Town Centre and the M60 orbital motorway. Manchester City Centre is approximately 6 miles southwest with Oldham Town Centre around 3 miles northeast of the subject property.

Description: - The property comprises two adjoining trade counter warehouse units of part single and part double storey construction with 3 residential apartments at first floor level, one to the front and two to the rear of the property. The property is of brick construction, with part pitched corrugated metal sheet roof and part flat felted roof. To the rear of the property there is a roller shutter loading door and a small yard for loading purposes. To the front of the property there is a tarmac loading/parking area for up to three vehicles.

Investment - Sale and leaseback option for the commercial element based upon a new 10 year lease (5 year break + rent review) to United Carpets (Dnb ......) at a passing rent of £.......

The residential ERV are circa £500 pcm each apartment.

Development - Potential to redevelop the site for mixed use or residential use subject to suitable planning permission.

Site area approximately 0.3 acres.

Accommodation: - The unit has been measured in accordance with the RICS Code of Measuring Practice to provide the following floor areas:
GROUND FLOOR TOTAL 929 sq m (10,000 sq ft)
Residential accommodation not measured

Business Rates: - Rateable Value £78,500
Rates Payable £37,601.50 per annum

Vat: - All prices, rents and outgoings are exclusive of but may be liable to VAT.

Epc: - The property has an energy rating of B.
A copy of the EPC is also available upon request.

Sale Price - £650,000 for the Freehold.

Viewing & Further Information - If you would like to view this property or would like further information please contact the Sole Agents:

Roger Hannah & Company
Century Buildings,
14 St. Marys Parsonage
Manchester
M3 2DF
Tel: 0161 817 3399
E-mail:-danrodgers@roger-hannah.co.uk

Date Of Preparation - 21/08/2018

MISREPRESENTATION ACT
Roger Hannah & Co Ltd act as agents for the vendor(s) or lessor(s) of this property and gives notice that: (i) The particulars are a general outline only for the guidance of intending purchasers or lessors and do not constitute an offer or contract (ii) All descriptions are given in good faith and are believed to be correct, but any intending purchasers or lessees should not rely on them as statements of fact and must satisfy themselves by inspection or otherwise as to their correctness. (iii) None of the building’s services or service installations have been tested and are not warranted to be in working order. (iv) No employee of the two agents has any authority to make or give any representation or warranty whatever in relation to the property. (v) Unless otherwise stated all prices are quoted exclusive of VAT. (vi) Where applicable an Energy Performance Certificate is available upon request.


More information from this agent

Nearest stations

  • Hollinwood (0.4 mi)
  • Failsworth (0.6 mi)
  • Moston (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Roger Hannah & Co, Manchester

Century Buildings 14 St. Marys Parsonage Manchester M3 2DF

0161 468 0870 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hollinwood (0.4 mi)
  • Failsworth (0.6 mi)
  • Moston (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Roger Hannah & Co, Manchester

Century Buildings 14 St. Marys Parsonage Manchester M3 2DF

0161 468 0870 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 25944596. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Roger Hannah & Co, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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