Queens Buildings, 223 - 227Market Street & 1 - 3 Queen Street Hyde, Tameside

Location
Market Street is one of Hyde’s principal shopping thoroughfares, with the premises
benefiting from extensive frontages to both Market Street and Queen Street, providing
excellent visibility and strong branding opportunities within the town’s principle retail
and commercial locations. The surrounding area comprises a mix of national retailers,
independent traders, leisure operators such as Ricky Hatton’s gym adjacent to the
property, cafes, professional services, with Hyde market, Clarendon Square Shopping
Centre and Hyde Town Hall all situated within close proximity.

The property is well connected by public transport, with Hyde Central and Hyde North
railway stations within walking distance, together with numerous bus services. The
location also benefits from convenient access to the M67 and M60 motorway networks,
providing excellent connectivity throughout Greater Manchester and beyond.
M67 Junction 3 M67 and M60 Motorway networks, providing excellent connectivity throughout Greater Manchester and beyond.

Description
The property occupies a highly prominent corner position at the junction of Market Street and Queen Street in the heart of Hyde town centre. The ground floor comprises of three shops, of which two are currently tenanted as a wedding shop and photographers and the third which has just become vacant. There are two entrances which lead to the upper floors, this comprises of a ground floor reception and offices with meeting rooms and storage
rooms spread across the upper floors. The offices are mostly divided by stud partitions
and therefore could be opened up to provide open plan space if necessary. The property includes gas central heating as well as electric and water services. To the rear of the building is a large secure car park which is gated for security.

The premises offer a rare opportunity to secure a substantial town centre building in a prominent trading position, suitable for a variety of retail, leisure, office, medical, educational or alternative commercial uses. The property may also offer a purchaser the option of redevelopment into residential, subject to the necessary consents. Its corner position and extensive frontage provide exceptional prominence within Hyde’s established commercial centre.

Accommodation:

Ground Floor : Photographer

Sales area : 31.47 sq.m. 339 sq.ft.
Office area : 6.07 sq.m. 65 sq.ft.
Stores: 27.34 sq.m. 294 sq.ft.
Total 64.88 sq.m. 698 sq.ft.

Rent : £3,000 per annum

Ground Floor :
Bridal Shop 104.93 sq.m. 1,130 sq.ft.

Rent : £9,500 per annum

Ground Floor :

Reception/Offices 32.9 sq.m. 354 sq.ft.

First Floor:
Left Offices 146.6 sq.m. 1,578 sq.ft.
Right Offices 116.2 sq.m. 1,251 sq.ft.
Total 295.7 sq.m. 3,183 sq.ft.

Ground Floor
227 Market St Vacant 75.11 sq.m. 809 sq.ft.
1 - 3 Queen St Vacant 76.30 sq.m. 821 sq.ft.
Total 151.41 sq.m. 1,630 sq.ft.

VAT:
There is no VAT on the sale price.

Lease:
The property is held on a 999 year ground lease starting 24th March 1835. The Freehold is held by Tameside MBC.

Chief Rent:
The chief rent is £9.25 per annum which is paid to date.

Sale Price:
£719,500 subject to contract

EPC:
The EPC Rating is E

Viewing & Further Information:
If you would like to view this property or would like further information, please contact the Sole Agents, Johnathan Poole Impey & Company