Sold £305,000
- Retail Property (high street)
- Tenure: See Legal Pack
Call the team on 01772 772450 for more information
Retail Investment Let to TUI (Travel Agents) Producing £35,000 pax.
Occupying a prime town centre pitch on the pedestrianised area next to Primark and opposite the entrance to The Spindles Shopping Centre. The town centre is set to be transformed with four exciting projects that have been awarded £24.4m from the Government’s Towns Fund. Accommodation The property extends to the following net internal floor area (as taken from VOA):- Ground Floor Sales Area - 79.86 m2 Storage & Ancillary – 11.61 m2 First Floor Office 57.8 m2 Storage 18.2 m2 Staff room 6.8 m2 WC Tenancy Let to TUI UK Retail Limited for 5 years from June 2019 at £35,000 pax. The lease incorporates a tenant break on 13th June 2022, with 6 months’ notice. TUI UK Retail Limited is part of theTUI Group, the world's number one tourism business with 1600 travel agencies, 6 airlines with around 150 aircraft and over 300 hotels. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.
Tenure
See Legal Pack
Energy Efficiency Rating (EPC)
Current Rating E
Local Authority
Oldham Metropolitan Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £900 inc VAT payable on exchange of contracts.
Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
