84-86 Yorkshire Street, Rochdale, Lancashire, OL16 1JX

For Sale by private treaty.

Offers in the region of £350,000 are sought for the Freehold interest, subject to the existing tenancy.

Freehold Investment Opportunity

The property comprises a ground floor retail unit with basement ancillary accommodation and self contained office accommodation on the first floor and second floors accessed from Yorkshire Street.

Accommodation
Basement 1,109 sq. ft ( 103.01 sq m) of retail space
Ground Floor 1,512 sq. ft. ( 140.50 sq m) of retail space
First Floor 1,489 sq. ft. ( 138.30 sq m) of office space
Second Floor 1,545 sq. ft. ( 143.50 sq m) of office space

Location
The property is prominently situated on the east side of Yorkshire Street, Rochdale's prime pedestrianised retail thoroughfare. The property is adjacent to the Wheatsheaf Shopping Centre which houses occupiers including Peacocks, New Look, Argos and Wilkinsons and approximately 100 metres from the entrance to The Exchange Shopping Centre. Other nearby occupiers include Marks & Spencer, Lloyds Bank, Santander and Specsavers.

Tenure
Freehold, subject to the existing tenancy.

Tenancy
Ground Floor Let to Poundzone ( North West ) Limited T/a Poundzone at a passing rent of £25,000 per annum.
First Floor Vacant

Total Income - £25,000 per annum.

VAT
We are advised that VAT is not applicable. However, if VAT is payable, then it is anticipated that the sale will be dealt with by way of a TOGC.

EPC
Available upon request.

Legal Costs
Each party is to be responsible for their own legal costs that may be incurred in this transaction.

Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.