Property Details
Pugh Auctions
Lot 025
Lot 025
Auction: July 2016

408-408a Manchester Road, Sudden, Rochdale, Greater Manchester, OL11 4PE

Property Details
Location

The property is located in Sudden village centre fronting on to Manchester Road and in close proximity to the junction of the A58 and A664. Rochdale town centre is approximately 2 miles to the north east.

Description

Retail and residential investment which comprises two ground floor retail units that are occupied as a post office and a hairdressers and which are occupied by way of FRI leases. Accessed from the rear separate entrance are two residential flats that are occupied by way of AST agreements.

Accommodation

We detail below the following accommodation and approximate net internal floor areas: 408 Manchester Road (Post Office): Sales, Counter Area and Storage 50 sq m (538 sq ft) 408A Manchester Road (Hairdressers): Sales and Staff Areas 40 sq m (430 sq ft) Flat 1: Hallway, Lounge, Kitchen, Bathroom and Bedroom Flat 2: Hallway, Lounge, Kitchen, Bathroom and Two Bedrooms

Outside

Enclosed rear garden and yard area with separate access to flats.

Tenure

The property is held leasehold for a term of 999 years (less 7 days) from 5th March 1792.

Planning

Interested parties should consult with the Local Planning Office, Rochdale Borough Council, Floor 3, Number One Riverside, Smith Street, Rochdale, OL16 1XU. Tel: 01706 924387 Email: development.control@rochdale.gov.uk.

Tenancy

408 Manchester Road: Is let by way of a 7 year FRI from 19th October 2015 granted to two individuals trading as the Post Office at a rent of úú7,800 per annum which is subject to a 5 yearly upwards only rent review. 408A Manchester Road: Is let by way of a law society lease to a long standing tenant at a rent of ú3,640 per annum with the tenant currently holding over. Flat 1: Is let by way of an AST agreement at a rent of ú110 per week (ú5,720 per annum) Flat 2: Is let by way of an AST agreement at a rent of ú140 per week (ú7,280 per annum) Total Rent: ú24,440 per annum

General

408 Manchester Road Energy Performance Certificate = D. 408a Manchester Road Energy Performance Certificate = C.

Addendum

The property is held leasehold for a term of 999 years (less 7 days) from 5th March 1792. The lease on 408 Manchester Road commences on the 19th October 2015.

Property Location Address:
408-408a Manchester Road,
Sudden,
Rochdale,
Greater Manchester,
OL11 4PE
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Auction Details
Auction: July 2016 Date: 19th July 2016 Lot Number: 025 Doors Open: 12:00pm Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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