59 and 61 Grosvenor Street Stalybridge Manchester SK15 2JN

  • 59 and 61 Grosvenor Street<br>Stalybridge<br>Manchester<br>SK15 2JN

59 and 61 Grosvenor Street
Stalybridge
Manchester
SK15 2JN

Freehold Retail Investment

  • 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
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • 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.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard , 7 Francis Grove, Wimbledon
London
London
SW19 4DW
Fraz Hussain 020 8971 9520f.hussain@blackstonesolicitors.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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