Property Details
Pugh Auctions
Lot 093
Lot 093
Auction: June 2018

24 Market Place, Heywood, Greater Manchester, OL10 4NL

Property Details
Location

The property is located within Heywood town centre fronting on to Market Place (A58). Rochdale town centre is approximately 4 miles to the east.

Description

To be offered by auction. Town centre located two storey retail investment with a current rent reserved of £7,800 per annum sold subject to a new 15 year FRI lease from May 2018 and subject to rent reviews in 2023 and 2028.

Accommodation

We detail below the following accommodation and approximate net internal floor areas:


Ground Floor
Sales, Office- 54 sq m (581 sq ft)
First Floor
Staff Areas & Storage- 36 sq m (387 sq ft)
Total:
90 sq m (968 sq ft)


Outside

Enclosed Rear Yard.

Approx Site Area

Approximately 85 sq m (102 sq yds)

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

The whole of the property has been let by way of a new 15 year lease granted to an individual from 11th May 2018 at rent reserved of £7,800 per annum. As the lease is a brand new lease it allows the incoming tenant a 2 month rent free period between March 2019 and May 2019. The tenant has paid a rent deposit of £1,900 and full details are in the legal pack.

Addendum

The tenant has paid a rent deposit of £1,900 and full details are in the legal pack.

Property Location Address:
24 Market Place,
Heywood,
Greater Manchester,
OL10 4NL
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Auction Details
Auction: June 2018 Date: 7th June 2018 Lot Number: 093 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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