15 Bennett Street, Hyde, Cheshire, SK14 4TQ

For sale by Online Auction - 24th of June at 10:00.

Turnkey Commercial Building

Description
This freehold commercial property, extending to approximately 440 sq ft, is currently operated as a beauty salon and is offered for sale with a tenant in situ, providing an immediate income-producing investment. The tenant currently pays £600 per calendar month (£7,200 per annum), following a recent increase from £7,020 per annum.

The tenant is secured on a 6-year lease commencing 18th January 2023, with approximately 2 years and 7 months remaining, expiring on 17th January 2029. The established tenancy and unexpired lease term offer investors a stable, contracted income stream, making this an attractive turnkey investment opportunity.

Situated within the Newton area of Hyde (SK14 4TQ), the property benefits from a well-established residential catchment and excellent transport links. Flowery Field and Newton for Hyde railway stations are nearby, while the M67 and M60 motorways provide convenient access across Greater Manchester. Hyde town centre offers a range of amenities including supermarkets, independent retailers, cafs and Hyde Market.

Legal PackA legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.