COVID-19 – Important Auction Information
Postponed | Lot 4

71 Market Street, Hyde, Cheshire, SK14 1HL

Postponed

  • Investment
  • Tenure: See legal pack

Call the team on 0161 925 3254 for more information

Auction Date

Tue 20/10/2020

Auction Time

2.00pm

Auction Venue

Live Stream

Shop & Two Apartments All Tenanted Producing £18,240pa/£1,520pcm

Shop & Two Apartments All Tenanted Producing £18,240pa/£1,520pcm. Having been extensively refurbished and improved this is probably one of the best condition properties in the Centre of Hyde. Briefly comprises a self-contained Shop to the Ground Floor and Two Apartments utilizing the First and Second Floors Producing a Gross Income of £18,240pa/£1,520pcm. The property occupies an excellent trading position, on Market Street, and backs onto the Clarendon Square Shopping Centre, the key shopping destination in Hyde as well as being close to the Outside Market.

Tenure

See legal pack

Not inspected by Auction House Manchester but we are advised the property comprises the following:

Ground Floor Shop

Comprising, Shop, Store, Kitchen & WC Let to Hyde Pet Foods at a rental of £650pcm/£7,800pa.

First/Second Floor Apartment 71a

Duplex comprising, Hall, Bedroom and Shower Room to the First Floor and a Lounge/Kitchen to the Second Floor producing £495pcm/£5,940pa.

First Floor Apartment 71b

Comprising, Hall, Lounge/Kitchen, Bedroom & Shower Room producing £375pcm/£4,500pa.

Outside

There is a Yard to the rear.

Energy Efficiency Rating (EPC)

Current Rating 2

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Tameside Council

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1200 inc VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.