84 / 86 Yorkshire Street Rochdale Lancashire OL16 1JN

  • 84 / 86 Yorkshire Street<br>Rochdale<br>Lancashire<br>OL16 1JN

84 / 86 Yorkshire Street
Rochdale
Lancashire
OL16 1JN

Freehold Retail Investment

  • Retail unit entirely let to Poundzone (North West) Limited with vacant offices on upper floors
  • Pedestrianised town centre location
  • Adjacent to the Wheatsheaf Shopping Centre and near The Exchange Shopping Centre
  • Nearby occupiers include Marks & Spencer, Peacocks, Lloyds Bank, Santander, Specsavers
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    54
  • Auction
    9th July 2015
  • Rent
    £25,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £256,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint LPA Receivers
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Freehold Retail Investment

  • Retail unit entirely let to Poundzone (North West) Limited with vacant offices on upper floors
  • Pedestrianised town centre location
  • Adjacent to the Wheatsheaf Shopping Centre and near The Exchange Shopping Centre
  • Nearby occupiers include Marks & Spencer, Peacocks, Lloyds Bank, Santander, Specsavers
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 54
  • Auction 9th July 2015
  • Rent £25,000 per Annum Exclusive
  • Status Sold
  • Price £256,000
  • Sector
    High Street Retail
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Joint LPA Receivers

Property Information

Location
Miles
14 miles north of Manchester, 35 miles south-west of Leeds, 70 miles north-west of Sheffield
Roads
A627, M66, M60, M62 (Junction 20)
Rail
Rochdale Railway Station
Air
Manchester Airport
Situation

The property is prominently situated on the east side of Yorkshire Street, Rochdale’s prime pedestrianised retail thoroughfare. The property is adjacent to the Wheatsheaf Shopping Centre which houses occupiers including Peacocks, New Look, Argos and Wilkinsons and approximately 100 metres from the entrance to The Exchange Shopping Centre. Other nearby occupiers include Marks & Spencer, Lloyds Bank, Santander and Specsavers.

Tenure

Freehold.

Location
Miles
14 miles north of Manchester, 35 miles south-west of Leeds, 70 miles north-west of Sheffield
Roads
A627, M66, M60, M62 (Junction 20)
Rail
Rochdale Railway Station
Air
Manchester Airport
Situation

The property is prominently situated on the east side of Yorkshire Street, Rochdale’s prime pedestrianised retail thoroughfare. The property is adjacent to the Wheatsheaf Shopping Centre which houses occupiers including Peacocks, New Look, Argos and Wilkinsons and approximately 100 metres from the entrance to The Exchange Shopping Centre. Other nearby occupiers include Marks & Spencer, Lloyds Bank, Santander and Specsavers.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with basement ancillary accommodation and self contained office accommodation on the first floor and second floors accessed from Yorkshire Street.

SIX WEEK COMPLETION

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

EPC

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

Description

The property comprises a ground floor retail unit with basement ancillary accommodation and self contained office accommodation on the first floor and second floors accessed from Yorkshire Street.

SIX WEEK COMPLETION

Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
Basement
Retail
Retail
140.50 sq m
103.01 sq m
(1,512 sq ft)
(1,109 sq ft)
POUNDZONE (NORTH WEST) LIMITED (t/a Poundzone) 5 years from 27/06/2014 £25,000 27/06/2019
First
Second
Office
Office
138.30 sq m
143.50 sq m
(1,489 sq ft)
(1,545 sq ft)
VACANT POSSESSION      
Totals
525.31 sq m
(5,655 sq ft)
    £25,000

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Associate Auctioneers
Bradley Hall 26-27 New Elvet
Durham
DH1 3AL
Daryl Carr 0191 383 9999daryl.carr@bradleyhall.co.uk
Seller's Solicitors
Wedlake Bell Solicitors 52 Bedford Row
London
WC1R 4LR
Naushin Malik 020 7406 1679nmalik@wedlakebell.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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