22 High Street Oldham Lancashire OL1 1JA

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
24th September 2021
Rent
£45,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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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 24th September 2021
Rent £45,000 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

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.

Location

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

Situation

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.

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

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
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	£45,000	22/12/2022
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 £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.