For Sale: 1,990 Sq.ft Fully let mixed commercial investment premises.
Summary
- Fully let commercial investment premises
- Comprising three separate income streams
- GF Takeaway/FF Office/Pt. GF Bank ATM
- Bank Grill/Daniel & Baker Solicitors/Natwest
- GF: 810 Sq.ft/FF: 727 Sq.ft/B: 356 Sq.ft
- GF ATM: 97 Sq.ft forming part of 10 Rochdale Rd
- Located fronting Rochdale Road in Royton
- New key point...
- Rent £32,300 - Sale price £450k - Yield 7.2%
Location
The property is located fronting Rochdale Road in Royton, Oldham and is situated opposite Co-Op and Lidl superstores and is located approximately 2.5 miles from
Oldham town centre and 4 miles from the M60 motorway.
- Oldham: 2.5 miles.
- Stockport: 13 miles.
Get directions from Google Maps
Mainline Stations
-
Mills Hill (Manchester)44 mins
-
Castleton (Manchester)56 mins
-
Rochdale63 mins
-
Moston69 mins
Underground Station
-
Chesham2768 mins
-
Amersham2808 mins
-
Chalfont and Latimer2831 mins
-
Chorleywood2863 mins
Further Information
Price £450,000
Rates Payable Upon Enquiry
Description
The property provides a three storey commercial investment property of traditional construction under a pitched slate roof with external yard areas. The property provides a ground floor restaurant/takeaway with Natwest ATM and the first floor provides office accommodation.
Ground floor: 810 Sq.ft overall comprising main sales, rear prep room, storage/kitchen/fridges, rear toilet facilities and access to the 356 Sq.ft cellar.
First floor: 727 Sq.ft overall comprising two front offices, meeting/board room, central server/copy room, landing and access to toilet facilities.
Ground floor ATM: 96 Sq.ft.
To the rear is a private gated loading yard with car parking for the takeaway premises and there is access to a free Council car park accessed off Park Street.
Rateable Value
8 Rochdale Road Rateable Value: £5,300.
10 Rochdale Road Rateable Value: £15,500.
Small Business Rates Multiplier 2025/26: 49.9p.
Interested parties are advised to make their own enquiries with Oldham Council - 0161 770 6677.
Tenure
We understand that the property is Freehold.
Title Number: GM352470.
Price/VAT
£450,000 SUBJECT TO CONTRACT.
We understand that VAT is not payable on the sale..
EPC
Copies of the Energy Performance Certificates are
available from Agents MBRE.
Tenancy Agreements
8 Rochdale Road (FF): Let for a term of 7 years from 16th October 2024 subject to a passing rent of £7,800 pax and with a Tenant break 16th October 2027 and rent reviews every 3 years.
10 Rochdale Road (GF): Let for a term of 7 years from 1st May 2025 subject to a passing rent of £20,000 pax with a rent review 1st May 2027 and 1st May 2030.
ATM: Let for a term of 3 years from 5th January 2026 subject to a passing rent of £4,500 pax.
Utilities
Mains services are available including gas, electricity, water and drainage.
Planning
Buyers to make their own enquiries.
Legal Costs
Each party to be responsible for the payment of their own legal costs associated with the sale.
Conditions
Subject to Contract
Downloads
Gallery
