Market Street, Hyde, SK14 Shop For Sale

Guide price £400,000

1 / 1
Mortgage Calculator
Monthly repayments £0
Total cost of mortgage £0
LTV 85%

Property Description

** 3 SHOPS AND A FLAT FOR SALE **  We are pleased to offer for sale this investment opportunity situated close to Hyde Centre on a major shopping street. The properties comprise of three spacious commercial units and a large flat with a total of 3,660 square foot (340 square metres).

Currently two of the commercial units are rented, as is the flat, and the rental income potential is around £30,000 per annum. Units 122 and 124 Market ~Street along with the flat 124A Market Street have been renovated in recent years and 124A Market Street benefits from parking. 

Although looking to sell all four units we understand the vendor would consider selling the units separately.

Contact the agent

Accommodation Comprising

  • 120 Market Street

    is currently tenanted by a beauty treatment practice, the accommodation is well presented and in good condition and comprises of main salon area on the ground floor with ancillary space to the rear. The first floor has a treatment area. The current rent is £7,200 per annum.

  • 122 Market Street

    is currently rented as a food takeaway with the ground floor providing a shop and to the first floor is an office and wc's. The current rent being paid is £8,400 per annum. The unit offers larger than normal accommodation and has recently been modernised. Due to the size and condition of the unit there is scope for an increased rent.

  • 124 Market Street

    this is a larger than normal well maintained unit currently unoccupied with accommodation on the ground floor and would suit many retail trades with a shop, offices and wc's. The property is expected to have a rental value in the range of £8,400 to £9,000.

  • 124A Market Street

    this is a large flat which has been well maintained with a new bathroom and updated kitchen in recent years. The accommodation comprises of hall, large lounge/kitchen, bedroom and bathroom. The current tenant has occupied the flat for a considerable period of time and pays a rent of £6,000 per annum.

  • Externally

    there is a yard to the rear of 122 and 124 Market Street and a car parking area for the use of 124A Market Street.

  • Viewing Arrangements

    for further information and viewings, please contact Ian Tonge Property Services, 150 Buxton Road, High Lane, Stockport, SK6 8EA. Telephone 01663 762677.

Property Reference: HIL-1HJK12AG112

Property Data powered by Jakx, the Agency Management Software

Fee Information

The advertised rental figure does not include fees.