Comprises Two Shops t/a Salon 64 and Bargain Boutique with First floor ancillary Accommodation
Busy Pedestrianised Town Centre location
500m from Stalybridge Railway Station
Nearby Occupiers include Aldi, JD Wetherspoons, Coral and Savers
Lot 33
Auction 16th February 2023
Rent £14,400 per Annum Exclusive
Status Sold
Price £114,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
7 Miles east of Central Manchester, 5 Miles south-east of Oldham
Roads
A635, A6018, M60, M67
Rail
Stalybridge Railway Station
Air
Manchester Airport
Situation
The property is located in the commuter town of Stalybridge some 8 miles east of Manchester. The property is situated on the south side of the pedestrianised Grosvenor Street, the main commercial street in Stalybridge, close to its junction with Melbourne Street. Nearby occupiers include Aldi, JD Wetherspoons, Coral and Savers.
Tenure
Freehold.
Location
Miles
7 Miles east of Central Manchester, 5 Miles south-east of Oldham
Roads
A635, A6018, M60, M67
Rail
Stalybridge Railway Station
Air
Manchester Airport
Situation
The property is located in the commuter town of Stalybridge some 8 miles east of Manchester. The property is situated on the south side of the pedestrianised Grosvenor Street, the main commercial street in Stalybridge, close to its junction with Melbourne Street. Nearby occupiers include Aldi, JD Wetherspoons, Coral and Savers.
Tenure
Freehold.
Description
The property comprises two retail units with ancillary accommodation on the first floors. The property benefits from service access at the rear via Kenworthy Street.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
61- D
Description
The property comprises two retail units with ancillary accommodation on the first floors. The property benefits from service access at the rear via Kenworthy Street.
VAT
VAT is applicable to this lot.
Completion Period
Six week completion
EPC
61- D
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Reversion
59 Grosvenor Street
Ground First
Retail Ancillary
55.20 41.10
(594) (442)
INDIVIDUALS t/a Bargain Boutique
5 Years from 01/09/2018
£6,000
31/08/2023
61 Grosvenor Street
Ground First
Retail Ancillary
59.40 42.80
(639) (460)
INDIVIDUALS t/a Salon 61
5 Years from 22/06/2020 (1)
£8,400
21/06/2025
Total Approximate Floor area
198.50
(2,135) (2)
£14,400
(1) The tenant option to determine the lease on 21/06/2022 was not exercised. (2) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
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.