Mixed Use Commercial for sale in Shaw Road, Oldham, Lancashire, OL1 3LQ

Mixed Use Commercial - £300,000

Shaw Road, Oldham, Lancashire, OL1 3LQ

First listed on: 17th November 2020

Nearest stations: Derker (0.3 mi)Shaw and Crompton (2.2 mi)Honley (2.6 mi)Brockholes (2.6 mi)Hollinwood (2.6 mi)

Interested in this property? Call See phone number 020 7625 9007

Property Features

  • A Double Fronted Mixed Use Investment Comprising a Large Double Width Ground Floor Lock-Up Shop with

Property Description

Tenure: Freehold

Unsold, but is still available Guide Price = £300,000+**For Sale By Public Auction 9th December 2020 12:00 PM To inspect the legal documents for this property go to our website www.auctionhouselondon.co.uk to download the legal pack**A Double Fronted Mixed Use Investment Comprising a Large Double Width Ground Floor Lock-Up Shop with a Six Bedroom Fully Licensed HMO Above. Both Fully Let on Commercial Leases Producing £34,092.56 Net Per Annum CombinedLocationThe property is situated amongst the shops and amenities of Market Street. Nearby multiples include Tesco, Kwikfit, Travis Perkins and other local established traders. Transport links are provided by the Oldham tram and Mills Hill rail station.DescriptionThe property comprises a large three storey double fronted mid-terrace building arranged over ground and two upper floors. The property benefits from off street parking to the rear.Accommodation & Tenancy SchedulePropertyFloorAccommodationLesseeLease TermsCurrent
Annual RentNotes12-14 Shaw RoadGroundDouble Fronted Lock-up ShopQuality KitchensThe property is let on an IRI Lease for a term of 10 years commencing November 2018£8,000G.I.A = 77.6 sq m (835.28 sq ft)Rear of 12-14 Shaw RoadGround
First
SecondCommunal Kitchen
Four Letting Rooms with En-suite
Two Letting Rooms with En-suiteYale Housing Association LtdCommercial Lease with Yale Housing Association Ltd for a term of 5 years commencing November 2018£26,092.56Fully Licensed HMOThere are no internal viewingsFor further information, please register for the legal pack.For all enquiries, please contact Jamie Weir at info@auctionhouselondon.co.ukAddendum1. The underlease referred to in the tenancy schedule of the special conditions is undated.2. There is a tenant only break clause in the underlease. However the actual break dates cannot be confirmed as there is currently an undated version of the underlease available. What we do know as per the underlease is that the break dates are in 2020, 2022 and 2024.
Unsold, but is still available Guide Price = £300,000+**For Sale By Public Auction 9th December 2020 12:00 PM To inspect the legal documents for this property go to our website www.auctionhouselondon.co.uk to download the legal pack**A Double Fronted Mixed Use Investment Comprising a Large Double Width Ground Floor Lock-Up Shop with a Six Bedroom Fully Licensed HMO Above. Both Fully Let on Commercial Leases Producing £34,092.56 Net Per Annum CombinedLocationThe property is situated amongst the shops and amenities of Market Street. Nearby multiples include Tesco, Kwikfit, Travis Perkins and other local established traders. Transport links are provided by the Oldham tram and Mills Hill rail station.DescriptionThe property comprises a large three storey double fronted mid-terrace building arranged over ground and two upper floors. The property benefits from off street parking to the rear.Accommodation & Tenancy SchedulePropertyFloorAccommodationLesseeLease TermsCurrent
Annual RentNotes12-14 Shaw RoadGroundDouble Fronted Lock-up ShopQuality KitchensThe property is let on an IRI Lease for a term of 10 years commencing November 2018£8,000G.I.A = 77.6 sq m (835.28 sq ft)Rear of 12-14 Shaw RoadGround
First
SecondCommunal Kitchen
Four Letting Rooms with En-suite
Two Letting Rooms with En-suiteYale Housing Association LtdCommercial Lease with Yale Housing Association Ltd for a term of 5 years commencing November 2018£26,092.56Fully Licensed HMOThere are no internal viewingsFor further information, please register for the legal pack.For all enquiries, please contact Jamie Weir at info@auctionhouselondon.co.ukAddendum1. The underlease referred to in the tenancy schedule of the special conditions is undated.2. There is a tenant only break clause in the underlease. However the actual break dates cannot be confirmed as there is currently an undated version of the underlease available. What we do know as per the underlease is that the break dates are in 2020, 2022 and 2024.
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Date History Details
18/11/2020 Property listed at £300,000

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Disclaimer

Disclaimer Property reference 9226NW3_121809. Details are provided and maintained by Auction House. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

5 Hampstead Gate

1a Frognal

Hampstead, London

NW3 6AL

Telephone: See phone number 020 7625 9007

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Disclaimer

Disclaimer Property reference 9226NW3_121809. Details are provided and maintained by Auction House. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

5 Hampstead Gate

1a Frognal

Hampstead, London

NW3 6AL

Telephone: See phone number 020 7625 9007

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

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