1&3 Corporation Street Hyde Greater Manchester SK14 1AQ

1&3 Corporation Street
Hyde
Greater Manchester
SK14 1AQ

Freehold Vacant Commercial Opportunity and Residential Ground Rent

Comprises Ground and Basement commercial premises with residential upper floors (sold off)
Approximate Commercial Floor Area of 185.54 sq m (1,996 sq ft)
Prominent frontages onto Corporation Street and Market Street
Opposite Clarendon Square Shopping Centre
VAT Free Investment

Lot
33
Auction
15th February 2024
Rent
£100 per Annum Exclusive
plus VACANT POSSESSION of Ground and Basement
Status
Sold
Price
£104,000
Auction Venue
Live Streamed Auction

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Freehold Vacant Commercial Opportunity and Residential Ground Rent

Comprises Ground and Basement commercial premises with residential upper floors (sold off)
Approximate Commercial Floor Area of 185.54 sq m (1,996 sq ft)
Prominent frontages onto Corporation Street and Market Street
Opposite Clarendon Square Shopping Centre
VAT Free Investment

Lot 33
Auction 15th February 2024
Rent £100 per Annum Exclusive plus VACANT POSSESSION of Ground and Basement
Status Sold
Price £104,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 7 miles south-east of Manchester City Centre, 27 miles west of Sheffield
Roads: A560, M67 (Junction 3)
Rail: Hyde Central Railway Central
Air: Manchester Airport

Situation

The property is located in the heart of the town centre occupying a prominent position on the corner of Corporation Street and Market Street, directly opposite the Clarendon Square Shopping Centre which houses tenants such as Superdrug, Costa Coffee, Vodafone, Greggs and EE.

Tenure

Freehold.

Location

Miles: 7 miles south-east of Manchester City Centre, 27 miles west of Sheffield
Roads: A560, M67 (Junction 3)
Rail: Hyde Central Railway Central
Air: Manchester Airport

Situation

Tenure

Freehold.

Description

The property comprises a former bank premises arranged over ground and basement floors together with residential accommodation on the first and second floors accessed via the ground floor, which has been sold off on a long lease.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground Basement	Retail Ancillary	124.00 61.54	(1,334) (662)	VACANT POSSESSION
Part Ground/First/Second	Residential	-	-	INDIVIDUAL	125 years from 16/10/2006	£100
Total Approximate Commercial Floor Area		185.54	(1,996) (1)			£100

(1) The commercial 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.