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Guide price £480,000

 Market Place, Hyde, SK14 2LX



Property Description

C & R Hulme are delighted to offer for sale this great investment opportunity in Hyde Town Centre. The property to be sold is part of a 4-storey detached building and on sale is the ground and 1st floors which is let Boots the pharmacy. Measuring a GIA of of approx. 181 Sqmtrs (1950sqft), the building is situated in a prominent position within Hyde Town centre next to Clarendon Square Shopping centre, Hyde bus station and within close proximity to major banks & retailers such as Natwest Bank, Paddy Power & Farm foods to name a few. The current lease is a term for 5 years granted 01.03.2025 at a rental of £38,000.00 per annum. Great Investment opportunity.

Tenure  : Leasehold

  • Ground Rent  :  £500.00 pa
  • Length of Lease  :  944 Years

Property additional info

Ground floor retail 19.58m x 13.10m (64' 3" x 43' )
Large window area. Access door to 1st floor. Large open retail area. Office at rear and access to Strore Room and loading area
Strore Room and loading Area
Maximimum points.
Loading area and Fire exit
1st floor 24.75m x 13.10m (81' 2" x 43' )
Open plan stock room area, 2 x offices, male & female Toilets & staff room
Tenure
leasedhold: 999 years from 1970
Ground rent: 500.00 payable per annum
Boots lease details. 5 Year FRI @ 38,000.00 per annum
Agents Notes
NOTICE: C & R Properties for themselves and for the vendors or lessors of this property who’s agents they are give notice that: (i) the particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute, nor part of an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or other wise as to the correctness of each of them; (iii) no person in the employment of C & R Properties has any authority to make or give any representation or warranty whatever in relation to this property.

Floor Plan

Local Property Market

  • Reference number crpr_1207566186
  • Property Type Commercial
  • Tenure Leasehold
  • Current Occupant External Tenant

Features

  • LET TO BOOTS
  • Great Investment Opportunity
  • Town Centre Location

Location

Single Property

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Purchase Price

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Tax Band % Taxable Sum Tax
less than £125k 0
£125k to £250k 2
£250k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12

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Purchase Price

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Tax Band % Taxable Sum Tax
less than £125k 3
£125k to £250k 5
£250k to £925k 8
£925k to £1.5m 13
rest over £1.5m 15

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