5 Market Place Hyde Greater Manchester SK14 2LX

5 Market Place
Hyde
Greater Manchester
SK14 2LX

Freehold Retail (and Office Ground Rent) Investment

Predominantly let to Power Leisure Bookmakers Limited with guarantee from Paddy Power Betfair Plc
Recently let on new 15 year lease from February 2018 (subject to options)
Town centre location opposite Clarendon Square Shopping Centre with retailers including Greggs, Superdrug and Peacocks
Adjacent to Boots the Chemist and close to Wilko and JD Wetherspoon

Lot
55
Auction
24th May 2018
Rent
£26,001 per Annum Exclusive
Status
Sold
Price
£275,000
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail (and Office Ground Rent) Investment

Predominantly let to Power Leisure Bookmakers Limited with guarantee from Paddy Power Betfair Plc
Recently let on new 15 year lease from February 2018 (subject to options)
Town centre location opposite Clarendon Square Shopping Centre with retailers including Greggs, Superdrug and Peacocks
Adjacent to Boots the Chemist and close to Wilko and JD Wetherspoon

Lot 55
Auction 24th May 2018
Rent £26,001 per Annum Exclusive
Status Sold
Price £275,000
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 7 miles south-east of Manchester City Centre, 27 miles west of Sheffield
Roads: A560, M67 (Junction 3)
Rail: Hyde Central Railway Central
Air: Manchester Airport

Situation

The property occupies a prominent corner position fronting Market Place and Clarendon Street and opposite Clarendon Square Shopping Centre. Clarendon Square Shopping Centre houses retailers including Greggs, Superdrug, Peacocks and Holland & Barrett. Other nearby occupiers include Poundstretcher, JD Wetherspoon, Farmfoods, Wilko and Boots the Chemist.

Tenure

Freehold.

Location

Miles: 7 miles south-east of Manchester City Centre, 27 miles west of Sheffield
Roads: A560, M67 (Junction 3)
Rail: Hyde Central Railway Central
Air: Manchester Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop/betting office with self-contained office accommodation (let on a long lease) on the first and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.