Property for sale in Rochdale, OL11
Bury Road, Rochdale, OL11£325,000
Agent details
This property is listed with:
Full Details for Property for sale in Rochdale, OL11 :
FOR SALE
563 Bury Road, Oulder Hill, Rochdale OL11 4DQ
Retail investment property with 3 commercial tenants
* Popular and successful established neighbourhood shopping area
* 2 ground floor “retail” tenants and 1 first floor “retail” tenant - all let
* Current total income £26,600 per annum exclusive
* Situated in a prominent position with forecourt display/parking area
LOCATION
The property forms part of the established and successful Oulder Hill neighbourhood shopping centre, set back from the busy Bury Road in a prominent position. Other users within the immediate area include Lloyds Pharmacy, The Italian Room Restaurant and Baguettes, amongst others
The shopping area lies within a popular, affluent residential area, immediately to the west of Rochdale Town Centre.
GENERAL DESCRIPTION
The property comprises semi detached two storey retail premises, with two ground floor retail tenants and one first floor “retail” tenant.
The property is set back from the busy Bury Road with a front display/forecourt and parking area.
Ground Floor Unit 1 Trading as R BUK
Sales Area - 63.4 sq metres (682 sq ft) approx.
Rear Store - 11.1 sq metres (119 sq ft) approx
WC
Ground Floor Unit 2 Trading as Chequers Hairdressing Salon
Self contained and situated towards the rear of Unit 1
Comprises - Salon, Waiting Area, Staff Kitchen - 37.9 sq metres (408 sq ft) approx.
WC
First Floor Unit 3 Trading as The Beauty Salon
Comprises - Treatment Reception, 3 private treatment rooms, tanning room, store, WC, kitchen. External stair access. Gross internal area - 65.5 sq metres (705 sq ft) approx
TENANCIES
Ground Floor Unit 1
Trading as R BUK Gift Shop. The tenant is currently holding over from a previous 10 year lease. Current Rent £12,600 per annum exclusive
TENANCIES CONTINUED
Ground Floor Unit 2 - Trading as Chequers Hair Design. The tenant is currently holding over from original lease. Current Rent £6,000 per annum exclusive.
First Floor Unit 3 - Trading as The Beauty Clinic. The tenant currently holding over. Current Rent £8,000 per annum exclusive.
We are advised that all the tenants have indicated their desire to renew the leases and the Landlord has issued renewal Leases.
VAT
We are advised that there has been no election for VAT. This must be confirmed by potential purchaser’s solicitors enquiries.
ENERGY PERFORMANCE CERTIFICATE
An energy performance certificate is available upon request.
PROPOSAL
The property is offered for sale at £325,000 with the benefit of an annual income of £26,600 exclusive.
563 Bury Road, Oulder Hill, Rochdale OL11 4DQ
Retail investment property with 3 commercial tenants
* Popular and successful established neighbourhood shopping area
* 2 ground floor “retail” tenants and 1 first floor “retail” tenant - all let
* Current total income £26,600 per annum exclusive
* Situated in a prominent position with forecourt display/parking area
LOCATION
The property forms part of the established and successful Oulder Hill neighbourhood shopping centre, set back from the busy Bury Road in a prominent position. Other users within the immediate area include Lloyds Pharmacy, The Italian Room Restaurant and Baguettes, amongst others
The shopping area lies within a popular, affluent residential area, immediately to the west of Rochdale Town Centre.
GENERAL DESCRIPTION
The property comprises semi detached two storey retail premises, with two ground floor retail tenants and one first floor “retail” tenant.
The property is set back from the busy Bury Road with a front display/forecourt and parking area.
Ground Floor Unit 1 Trading as R BUK
Sales Area - 63.4 sq metres (682 sq ft) approx.
Rear Store - 11.1 sq metres (119 sq ft) approx
WC
Ground Floor Unit 2 Trading as Chequers Hairdressing Salon
Self contained and situated towards the rear of Unit 1
Comprises - Salon, Waiting Area, Staff Kitchen - 37.9 sq metres (408 sq ft) approx.
WC
First Floor Unit 3 Trading as The Beauty Salon
Comprises - Treatment Reception, 3 private treatment rooms, tanning room, store, WC, kitchen. External stair access. Gross internal area - 65.5 sq metres (705 sq ft) approx
TENANCIES
Ground Floor Unit 1
Trading as R BUK Gift Shop. The tenant is currently holding over from a previous 10 year lease. Current Rent £12,600 per annum exclusive
TENANCIES CONTINUED
Ground Floor Unit 2 - Trading as Chequers Hair Design. The tenant is currently holding over from original lease. Current Rent £6,000 per annum exclusive.
First Floor Unit 3 - Trading as The Beauty Clinic. The tenant currently holding over. Current Rent £8,000 per annum exclusive.
We are advised that all the tenants have indicated their desire to renew the leases and the Landlord has issued renewal Leases.
VAT
We are advised that there has been no election for VAT. This must be confirmed by potential purchaser’s solicitors enquiries.
ENERGY PERFORMANCE CERTIFICATE
An energy performance certificate is available upon request.
PROPOSAL
The property is offered for sale at £325,000 with the benefit of an annual income of £26,600 exclusive.
Static Map
Google Street View
Other Properties for sale near Bury Road Bamford Rochdale, OL11 4DQ
1 bedroom Terraced for sale
- Price
- £55,950
- Address
- Rochdale Buersil, OL16 4TN
- Description
- An ideal oppurtunity for the first time buyer this well maintained, garden fronted, one bedroom middle terrace property offers living accommodation that comprises briefly of; entrance vestibule, lounge, kitchen. To the first floor there is a double...
- Agent
3 bedroom Terraced for sale
- Price
- £50,000
- Address
- Rochdale Lancashire Rochdale, OL12 9SB
- Description
- A delightful end of terraced property comprising entrance hall, lounge and kitchen on the ground floor. On the first floor the accommodation comprises three bedrooms and family bathroom. Internal inspection highly recommended. Terrace Property Three...
- Agent
2 bedroom Semi-Detached for sale
- Price
- £70,000
- Address
- Rochdale Lancashire Rochdale, OL11 2DZ
- Description
- A well-presented semi-detached property offering SPACIOUS accommodation comprising entrance hall, lounge, kitchen and conservatory on the ground floor. On the first floor the accommodation comprises two bedrooms and family bathroom. Internal inspect...
- Agent
-
3 bedroom Property for sale
- Price
- £90,000
- Address
- Rochdale Lancashire Rochdale, OL12 0RF
- Description
- GREAT OPPORTUNITY to purchase this end terraced property with potential to develop! Comprising; An entrance hall, open plan lounge and dining room, kitchen with appliances, bathroom and three bedrooms. Externally there are front and rear gardens wit...
- Agent
-
6 bedroom Detached for sale
- Price
- £400,000
- Address
- Lancashire OL16 4PU Lancashire, OL16 4PU
- Description
- A deceptively spacious and beautifully presented detached property. The property benefits from a basement, Three Reception Areas, Utility Room, Store Room, Study, Two Kitchens, and a W.C on the Ground Floor. On the First Floor the accommodation comp...
- Agent
-
House Prices for houses sold in OL11 4DQ
Stations Nearby
- Castleton (Manchester)
- 1.5 miles
- Rochdale
- 1.4 miles
- Smithy Bridge
- 3.4 miles
Schools Nearby
- Beech House School
- 1.0 mile
- Brownhill School
- 1.3 miles
- Rossendale School
- 4.8 miles
- Marland Hill Community Primary School
- 0.6 miles
- Caldershaw Primary School
- 0.7 miles
- St Vincent's Roman Catholic Primary School
- 0.7 miles
- Redwood
- 0.4 miles
- Oulder Hill Community School and Language College
- 0.4 miles
- Matthew Moss High School
- 0.8 miles
