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COMMERCIAL

- Market Street, Hyde

Guide Price
£220,000
Edward Mellor Ltd, Auction
PROPERTY TYPE

Mixed Use

BEDROOMS

2

SIZE

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Key features

  • TO BE SOLD UNDER AUCTION TERMS
  • GREAT INVESTMENT OPPORTINUTY
  • 2X COMMERCIAL UNITS AND 2X FLATS
  • HIGH STREET LOCATION
  • POTENTIAL FOR GREAT RETURN

Description

TO BE SOLD BY ONLINE AUCTION ON 10TH – 11TH JUNE UNLESS SOLD PRIOR UNDER AUCTION TERMS.

167-169 Market Street, Hyde, SK14 1HG

A substantial mixed-use investment opportunity occupying a prominent position within Hyde town centre, comprising two ground floor commercial units together with two self-contained residential flats above.

 

The property currently produces an income from one residential flat, let at £600 pcm, together with one commercial unit currently occupied on a rolling arrangement for storage purposes at £350 pcm. AST agreements are awaited. The remaining flat and commercial unit provide excellent potential for additional rental income, offering buyers the opportunity to further enhance the overall return.

 

The commercial unit currently used for storage also presents scope for a significantly improved rental figure if secured on a longer-term commercial lease, making this an attractive asset management opportunity for investors seeking to increase income and add value.

 

Positioned on Market Street within the centre of Hyde, the property benefits from strong footfall, excellent visibility, and close proximity to a range of national and independent retailers, transport links, and local amenities. Hyde bus station and train station are both within easy reach, together with convenient access to the M67 and wider motorway network.

 

With part income already in place and clear scope to increase rental returns, this represents an excellent opportunity for investors, landlords, and developers alike.

- Market Street, Hyde

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hyde Central Station0.5 miles
  • Newton for Hyde Station0.7 miles
  • Godley Station0.9 miles
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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside?s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services.

Notes

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Disclaimer - Property reference EM-167002. 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 Edward Mellor Ltd, Auction. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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