22 High Street
Oldham
Lancashire
OL1 1JA

Modern Freehold Retail Investment

  • Let to Cancer Research UK
  • 10 year lease from December 2017 (subject to option)
  • Fronts Town Square Shopping Centre
  • Nearby occupiers include Primark, Boots the Chemist, WHSmith, Pandora, The Body Shop,
  • H Samuel, Heron Foods, Sports Direct, Poundland, McDonald's and KFC
  • Lot
    27
  • Auction
    24/Sep/2021
  • Rent
    £45,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • 22 High Street, Oldham, Lancashire, OL1 1JA
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
7 miles north-east of Manchester
Roads
A62, A627 (M), M60, M67
Rail
Mills Hill
Air
Manchester Airport
Situation

Oldham is located approximately 7 miles north-east of Manchester. The property is located in a prime position on the southern side of High Street, and fronts Town Square Shopping Centre, which includes retailers such as Boots the Chemist, WHSmith, Pandora, The Body Shop and H Samuel. Other retailers on High Street include Primark, Sports Direct, Poundland, Heron Foods, McDonald's and KFC.

Tenure

Freehold.

Description

The property comprises a modern, double-fronted shop with trading accommodation arranged on the ground and first floors and ancillary accommodation arranged on the basement and second floors.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band E. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview
Ground
First
Second
Basement
Retail/Ancillary
Retail/Ancillary
Ancillary
Ancillary
145.80 sq m
102.70 sq m
133.80 sq m
144.60 sq m
(1,569 sq ft)
(1,105 sq ft)
(1,440 sq ft)
(1,556 sq ft)
CANCER
RESEARCH UK (1)
10 years from
22/12/2017 until
21/12/2027 (2) on
a full repairing and
insuring lease
£45,00022/12/2022
Total
526.90 sq m
(5,670 sq ft)
  £45,000 

(1) www.cancerresearchuk.org trade from approximately 600 shops across the UK.
(2) The lease provides for a tenant option to determine on 22/12/2022.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    03.09.21
    File Size
    693 KB
    View PDF
  • Site Plan
    Updated Date
    03.09.21
    File Size
    950 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854 +44 (0)7824 705 955billy.struth@acuitus.co.uk
Seller's Solicitors
BSG Solicitors 314 Regents Park Road, Finchley
London
N3 2JX
Jeremy Swerner 020 8343 4411jeremy@bsgsolicitors.com

Useful Links

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