Yorkshire Street, Rochdale, Lancashire OL16 1JP

For Sale £275,000


PROPERTY DETAILS

LOCATION
Yorkshire Street, Rochdale, Lancashire OL16 1JP

DESCRIPTION
Property Hub is pleased to market a mid terrace building comprising a Ground Floor Shop with internal access to Ancillary/Store on the first floor property situated on the South side of the pedestrianised Yorkshire Street, close to Marks & Spencer and Royal Exchange Shopping Centre, in the heart of the town centre. Occupiers close by including Lloyds and Santander Banks, BHF, B&M, CEX and the Wheatsheaf Shopping Centre. Yorkshire Street, which is partially pedestrianised, is one of the town’s principal retailing thoroughfares.

Rochdale is an important commercial and retailing centre located some 12 miles north of Manchester, serving a population of some 94,000. The town enjoys excellent road communications, being adjacent to the M62 TransPennine Motorway (junctions 20 and 21).

The entire property is let on a full repairing and insuring lease to TUI UK Retail Ltd t/a Thomson for a term until 23 June 2021 at a
rent of £23,750 per annum.

Ground Floor Shop, Gross Frontage 17'6”, Internal Width 15'0” (max), Shop Depth 63'4” // First Floor Ancillary/Store Area Approx.220 sq ft plus 2 WCs

Offers in Excess of £275,000 only // Freehold // Incoming Rent £23,750 // 1 and half years lease remaining // Yield of above 8% net //

Disclaimer: Property Hub is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement which fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible.

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