£675,000
(£96.51/sq. ft)
Office for saleMarket Street, Hyde SK14
6,994 sq. ft
Just added
About this property
Prominent town centre offices with ground floor shops
Rear car park
Option for redevelopment subject to planning
Ground floor retail units currently producing a rental
Location
Market Street is one of Hyde's principal shopping thoroughfares, with the premises benefiting from extensive frontages to both Market Street and Queen Street, providing excellent visibility and strong branding opportunities within the town's principle retail and commercial locations. The surrounding area comprises a mix of national retailers, independent traders, leisure operators such as Ricky Hatton's gym adjacent to the property, cafes, professional services, with Hyde market, Clarendon Square Shopping Centre and Hyde Town Hall all situated within close proximity.
The property is well connected by public transport, with Hyde Central and Hyde North railway stations within walking distance, together with numerous bus services. The
location also benefits from convenient access to the M67 and M60 motorway networks, providing excellent connectivity throughout Greater Manchester and beyond.
Description
The property occupies a highly prominent corner position at the junction of Market Street and Queen Street in the heart of Hyde town centre. The ground floor
comprises of three shops, of which two are currently tenanted as a wedding shop and photographers and the third which has just become vacant. There are two
entrances which lead to the upper floors, this comprises of a ground floor reception and offices with meeting rooms and storage rooms spread across the upper
floors. The offices are mostly divided by stud partitions and therefore could be opened up to provide open plan space if necessary. The property includes gas central
heating as well as electric and water services. To the rear of the building is a large secure car park which is gated for security.
The premises offer a rare opportunity to secure a substantial town centre building in a prominent trading position, suitable for a variety of retail, leisure, office, medical, educational or alternative commercial uses. The property may also offer a purchaser the option of redevelopment into residential, subject to the necessary consents. Its corner position and extensive frontage provide exceptional prominence within Hyde’s established commercial centre.
Accommodation Rent Sq.M. Sq.Ft.
Ground Floor: Photographer £3,000 pa
Sales area 31.47 339
Office area 6.07 65
Stores 27.34 294
Total 64.88 698
Ground Floor: Bridal Shop £9,500 pa 104.93 1130
Ground Floor: Reception/Offices 32.9 354
First Floor: Left Offices 146.6 1578
Right Offices 116.2 1251
Total 295.7 3,183
Ground Floor: Vacant (227 Market St) 75.11 809
Vacant (1-3 Queen St) 76.30 821
Total 0151.41 1630
VAT - there is no VAT on the sale price
Lease - the lease is held on a 999 year ground lease starting 24th March 1835. The freehold is held by Tameside mbc.
Chief rent - the chief rent is £9.25 per annum which is paid up to date.
Sale Price - £695,000
EPC - rated E
Market Street is one of Hyde's principal shopping thoroughfares, with the premises benefiting from extensive frontages to both Market Street and Queen Street, providing excellent visibility and strong branding opportunities within the town's principle retail and commercial locations. The surrounding area comprises a mix of national retailers, independent traders, leisure operators such as Ricky Hatton's gym adjacent to the property, cafes, professional services, with Hyde market, Clarendon Square Shopping Centre and Hyde Town Hall all situated within close proximity.
The property is well connected by public transport, with Hyde Central and Hyde North railway stations within walking distance, together with numerous bus services. The
location also benefits from convenient access to the M67 and M60 motorway networks, providing excellent connectivity throughout Greater Manchester and beyond.
Description
The property occupies a highly prominent corner position at the junction of Market Street and Queen Street in the heart of Hyde town centre. The ground floor
comprises of three shops, of which two are currently tenanted as a wedding shop and photographers and the third which has just become vacant. There are two
entrances which lead to the upper floors, this comprises of a ground floor reception and offices with meeting rooms and storage rooms spread across the upper
floors. The offices are mostly divided by stud partitions and therefore could be opened up to provide open plan space if necessary. The property includes gas central
heating as well as electric and water services. To the rear of the building is a large secure car park which is gated for security.
The premises offer a rare opportunity to secure a substantial town centre building in a prominent trading position, suitable for a variety of retail, leisure, office, medical, educational or alternative commercial uses. The property may also offer a purchaser the option of redevelopment into residential, subject to the necessary consents. Its corner position and extensive frontage provide exceptional prominence within Hyde’s established commercial centre.
Accommodation Rent Sq.M. Sq.Ft.
Ground Floor: Photographer £3,000 pa
Sales area 31.47 339
Office area 6.07 65
Stores 27.34 294
Total 64.88 698
Ground Floor: Bridal Shop £9,500 pa 104.93 1130
Ground Floor: Reception/Offices 32.9 354
First Floor: Left Offices 146.6 1578
Right Offices 116.2 1251
Total 295.7 3,183
Ground Floor: Vacant (227 Market St) 75.11 809
Vacant (1-3 Queen St) 76.30 821
Total 0151.41 1630
VAT - there is no VAT on the sale price
Lease - the lease is held on a 999 year ground lease starting 24th March 1835. The freehold is held by Tameside mbc.
Chief rent - the chief rent is £9.25 per annum which is paid up to date.
Sale Price - £695,000
EPC - rated E
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