1-5 York Street & 2-6 Queen Street, Heywood, Greater Manchester, OL10 4NW
The property is located at the junction of York Street (A58) & Queen Street in a prominent town centre position. Rochdale town centre is approximately 4 miles to the east and Bury town centre 5 miles to the west.
Freehold detached town centre located fully let retail & residential investment with a current rent reserved of £34,280 per annum with fixed rent increases in the lease for the retail unit . The property comprises a ground & basement level retail unit which is let to Millercare plus 3 self contained & separately accessed residential flats which are let on long term AST agreements (2 x 2 bedroom & 1 x 1 bedroom). The property also contains an enclosed surfaced car park for 8 cars.
Separate access points to both retail and residential elements, surfaced and fenced enclosed car park for around 8 cars.
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: [email protected]
1-5 York Street (Ground & Basement)- Is let to Millercare Limited (Company number 02794532) by way of a 10 year FRI lease from April 2017 at a current rent of £17,000 per annum which rises to £18,000 per annum in April 2019, £18,540 per annum in April 2020 and £19,060 per annum in April 2023, £19,669 in April 2026. The tenants have an option to break the lease in April 2022. 2 Queen Street- Is let by way of a 5 year AST agreement from June 2017 at a rent of £495 pcm (£5,940 pa and granted to Newbarn Limited. 4 Queen Street- Is let by way of a 5 year AST agreement from June 2017 at a rent of £450 pcm (£5,400 pa) and granted to Newbarn Limited. 6 Queen Street- Is let by way of a 5 year AST agreement from June 2017 at a rent of £495 pcm (£5,940 pa) and granted to Newbarn Limited.
1. Energy Performance Certificate 1-5 York Street = D
OL10 4NW Open in Google Maps